Maui, Hawaii Real Estate
YEAR END & DECEMBER 2014 Statistics
December’s Sales Unit Volume: Residential sales declined to 63 homes sold while Condominium sales rose dramatically to 122 units sold. Land sales came in at 12 lots sold.
December’s Median SALES prices: The Residential median price declined to $565,000 while Condo median price rose to $387,500 respectively. Land median price increased to $650,000.
Days on Market: Residential homes = 103 Condos = 119 DOM, Land = 137 DOM. (General DOM Note: this is the average DOM for the properties that SOLD. If predominantly OLD inventory sells, it will move this indicator upward, and vice versa. RAM's Days on Market are calculated from List Closing Date [not contract date], including approximately 60 days of escrow time.)
Year to Date:
Residential Sales decreased ........Continue to article (click here).