Maui Real Estate News

Real Estate Agent with Coldwell Banker Island Properties



Laurelee Blanchard, Realtor


Maui Island

Real Estate News


Volume 14


In this Issue:


Real Estate Market Statistics


Home Warranties


Coldwell Banker Island Properties

24 Baldwin Avenue

Paia, Maui, HI 96779



(808) 298-8544




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 Real Estate Market Statistics


As of July 31, 2008, there were 574 home sales on Maui, compared to 736 a year ago - down 22%. The average sales price was $891,609, compared to $958,627 a year ago - a 7% decrease. The median price was $595,104, compared to $649,000 a year ago, an 8% decrease. Total dollar volume declined 27% during this twelve month period.


Click Here to See All MLS Listings


Home Warranties


To clinch a sale, many savvy home sellers offer home warranties. Buyers love them because warranties pay for certain home repairs for a year after the sale. Many sellers love them, too, because warranties help get the home sold - and may bring in offers closer to the asking price.

Typically, home warranties cover the repair or replacement of a home's heating, plumbing, and electrical systems and major built-in appliances. The cost often runs $350-$450, typically with a small deductible for each repair or replacement.


Shop for the Best Coverage

When shopping for home warranty coverage, compare the following:

  • Required pre-warranty inspections.
  • Coverage for appliances and systems.
  • Deductibles and service fees.
  • Dollar caps on total or individual replacement/repair costs.
  • Limits on number of repair calls.
  • Costs, including any initial or inspection charges.



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Copyright © 2008 Laurelee Blanchard - All Rights Reserved



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