Maui, Hawaii Housing Market Moving Upward

By
Real Estate Broker/Owner with Maui Real Estate Advisors LLC

Maui, Hawaii Real Estate JUNE 2013 Statistics

Aloha All!

Amid declining inventories, sales of single-family homes rose 10 percent to 485 units- with median prices jumping 20 percent to $542,000 - in the first six months of the year, compared with the same period last year, data released Saturday by the Realtors Association of Maui showed.

Condominium sales were not as robust, growing only four units or 1 percent, in the January-to-June period. Median prices moved up 6 percent to $372,500 for the half-year, compared to 2012.

Overall, the real estate market in Maui County is continuing its march higher since the Great Recession and is moving into a different stage.

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 Article originally published by The Maui News, July 9, 2013

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