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

By
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.
 
 
call or text me 808 283-0635 ~ EMAIL
Maui County Real Estate - buy and sell homes condos and land

 
Topic:
Real Estate Market Trends
Location:
Hawaii Maui County
Groups:
RealtorsĀ®
Market Updates
REALTOR LIFE
Market Reports
Million Dollar Homes
Tags:
things are selling
maui vacant land parcels for sale
re statistics maui hawaii
maui county real estate market stats for november 2011

Spam prevention
Show All Comments
Ambassador
3,077,943
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
Ambassador
2,079,669
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
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,476,302

Georgie Hunter R(S) 58089

Maui Real Estate sales and lifestyle info
How can I help you?
*
*
*
*
Spam prevention