Whether you are looking into buying a luxury estate in Kapalua or have been eyeing out beachfront properties in Maui; it’s never a bad idea to keep your finger on the pulse when it comes to the real estate market on the island.
According to the latest report from the Realtors Association of Maui, May continued to be a good month for home and condo sales. According to the report, the market overall is showing improvement thanks to a lower unemployment rate and higher wages. And while Maui is unique and doesn’t always follow trends on the mainland, it looks like the market remained steady in May and sales are looking good! Median sales prices are up overall for both condos and single-family homes. According to the report, prices are up 2.2 percent for single-family houses and by 9.7 percent for condos.
Full Article Here: Median Home Price Increase For Houses For Sale in Maui, Hawaii