The Maui real estate market continues to be healthy with all market area looking good except for residential homes in the East and West regions. Just 3 months ago, much of the data was in the red zone which is not the case now. The exceptionally tight supply of condos in my February report is now much more in balance at 7.2 months compared to 4.7 months in February.
Maui Absorption Rates May 2015
Just 3 months ago, Maui's absorption rate looked like this...
Maui Absorption Rates For February 2015
Contact me for discussion of how the market looks in your area (or the area in which you are considering buying). It is not always obvious which communities are in which regions, something that I can help with.
Aloha!
Richard T. Dolbeare, R(B)
Information herein is deemed reliable but has not been independently verified and is not guaranteed.
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