December 2017 Real Estate Market Update

Posted

December 2017 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: 88 (up from 73 previous month, down from 98 year ago month)

Median Sales Price: $695,500 (up from $688,000 previous month, down from $701,000 year ago month)

Total Sales Volume: $85,950,292 (up from $83,521,992 previous month, down from $107,248,118 year ago month)

Average Days on Market: 148

Condominiums

Units Sold: 138 (up from 128 previous month, up from 121 year ago month)

Median Sales Price: $440,000 (up from $339,500 previous month, up from $411,000 year ago month)

Total Sales Volume: $87,253,545 (down from $87,426,182 previous month, up from $71,402,303 year ago month)

Average Days on Market: 191

Vacant Land

Units Sold: 22 (up from 12 previous month, up from 19 year ago month)

Median Sales Price: $475,000 (up from $325,340 previous month, up from $426,524 year ago month)

Total Sales Volume: $11,957,750 (upfrom $10,960,180 previous month, up from $8,519,024 year ago month)

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 December 2017 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.