November 2016 Maui Real Estate Market Update

Posted

November 2016 Maui Real Estate Market Statistics have been released by the Realtors Association of Maui. Here is an overview of some of this month’s data:

Single Family Homes

Units Sold: 91 (up from 82 previous month, up from 72 year ago month)

Median Sales Price: $635,000 (up from $632,500 previous month, up from $550,000 year ago month)

Total Sales Volume: $102,462,353 (up from $65,276,867 previous month, up from $54,876,344 year ago month)

Average Days on Market: 107

Condominiums

Units Sold: 111 (up from 97 previous month, up from 74 year ago month)

Median Sales Price: $380,000 (down from $460,000 previous month, down from $475,000 year ago month)

Total Sales Volume: $50,610,326 (down from $65,967,872 previous month, up from $47,601,004 year ago month)

Average Days on Market: 116

Vacant Land

Units Sold: 10 (down from 12 previous month, up from 9 year ago month)

Median Sales Price: $377,065 (down from $455,000 previous month, down from $520,000 year ago month)

Total Sales Volume: $5,089,980 (down from $6,237,500 previous month, down from $12,947,000 year ago month)

Average Days on Market: 152

Note: Vacant land sales are a small sample and may not be a reliable indicator.

Thank you to the Realtors Association of Maui for providing this data. Here is a link to a complete copy of the report with graphs, charts, geographical area breakdowns, and year to date information:

Maui November 2016 Real Estate Statistics

If you are thinking about buying or selling property on Maui, please contact me for more information about what these market stats mean for you.