Maui County Real Estate Market Stats for November 2011 - things are selling!

Real Estate Agent with Hawai'i Life Real Estate Brokers HRE# 58089 - RS

Maui County Real Estate Market Stats for November 2011 - things are selling!

The numbers are in and the results sound promising, compared to last year.  Comparing the period of January 1 - December 1 2011 to the same period in 2010:

  • Residential unit sales rose 10%. Average sold price is $775,283 - that's up 2%.  Total dollar volume was $634,957,051 - that's up 13%.
  • Condo unit sales volume is up 1%.  Average sold price is $496,199 - that's down 24%
  • Land unit sales rose 9%.  Total dollar volume was $75,805,725 - up 34%
Current absorbtion rate (this month's Active inventory divided by the November sales):
  • Residential - 10.8 months
  • Condo - 14.9 months
  • Land - 65.4 months... Yikes!  Yes there are lots of Maui vacant land parcels for sale and if you're a cash buyer, this is a really good time to get a good selection at today's prices.
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maui county real estate market stats for november 2011

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Paul S. Henderson, REALTORĀ®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I enjoy seeing change however slow it may seem to be moving, it is still a positive...

Dec 09, 2011 04:29 PM #1
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

This is great new and something that the media should be getting out to the nation! We don't hear enough positive information anymore on the evening news............

Dec 12, 2011 02:03 AM #2
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Georgie Hunter R(S) 58089

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