On Friday, The Realtors Association of Maui (RAM) posted their official May Maui Real Estate Statistics. There were no changes from the numbers that I posted on the 2nd in my Unofficial May Stats. However, the RAM numbers offer some additional granularity with sales figures for specific Maui communities. RAM provides historical context with comparative data going back almost five and a half years.
The official statistics also includes commentary from RAM executive Terry Tolman. As I have mentioned before in previous posts, Terry keeps track of the total inventory on the market as part of his commentary. The number of homes and condos both went down last month. This is generally a positive indicator as decreasing inventory tends to help stabilize pricing. This will be an interesting stat to watch as there is still discussion of an increase in REO inventory at some point in the future. Without further ado here is a link to the official May 2010 Maui Real Estate Statistics.