The Coconut Chronicles

Volume 8 » page 3 ...

Maui Real Estate Market Update

As Realtors, we are frequently asked about the direction of the Real Estate Market. While we wish we could provide definitive answers, any guesses we would make would be a disservice to our customers. We can however, provide information on the recent performance of the market. The link below provides access to recent statistics on home, condo and land sales in Maui County. It is important to bear in mind that month to month statistics can be easily skewed based on the relatively small sample of properties on Maui. Differences in statistics are just as easily changed by variation in inventory as much as changes in the market place. We plan to provide this data as a monthly feature. Each subsequent month will help to clarify the big picture of recent Maui real estate market trends.

March 2005		Days on Market	Median Price
Total New Listings	136
Homes Sold	116	118	$632,000
Condos Sold	193	83	$310,000
Vacant Land Sold	84	221	$218,750
March 2004		Days on Market	Median Price
Homes Sold	110	124	$499,900
Condos Sold	168	104	$415,269
Vacant Land Sold	36	162	$412,500

February 2005		Days on Market	Median Price
Total New Listings	134
Homes Sold	75	153	$575,000
Condos Sold	143	141	$358,269
Vacant Land Sold	21	179	$550,000
February 2004		Days on Market	Median Price
Homes Sold	87	130	$550,000
Condos Sold	154	95	$267,450
Vacant Land Sold	52	148	$421,500

January 2005		Days on Market	Median Price
Total New Listings	161
Homes Sold	91	129	$612,000
Condos Sold	91	102	$415,000
Vacant Land Sold	27	244	$599,000
Jauary 2004		Days on Market	Median Price
Homes Sold	98	120	$515,000
Condos Sold	159	121	$269,000
Vacant Land Sold	50	143	$350,000

December 2004		Days on Market	Median Price
Total New Listings	140
Homes Sold	100	120	$594,500
Condos Sold	99	97	$350,000
Vacant Land Sold	22	139	$436,000
December 2003		Days on Market	Median Price
Homes Sold	144	113	$515,000
Condos Sold	169	88	$269,000
Vacant Land Sold	39	138	$350,000

November 2004		Days on Market	Median Price
Total New Listings	140
Homes Sold	104	124	$525,000
Condos Sold	138	99	$386,750
Vacant Land Sold	38	172	$323,500

October 2004		Days on Market	Median Price
Total New Listings	140
Homes Sold	100	116	$598,000
Condos Sold	115	96	$365,000
Vacant Land Sold	33	113	$310,000

September 2004		Days on Market	Median Price
Total New Listings	155
Homes Sold	87	103	$600,000
Condos Sold	127	85	$330,000
Vacant Land Sold	28	210	$615,000

August 2004		Days on Market	Median Price
Total New Listings	155
Homes Sold	73	94	$540,000
Condos Sold	143	87.5	$339,000
Vacant Land Sold	21	426	$478,000
August 2003		Days on Market	Median Price
Homes Sold	132	125	$468,000
Condos Sold	185	153	$235,000
Vacant Land Sold	50	141	$340,000

July 2004		Days on Market	Median Price
Total New Listings	167
Homes Sold	99	105	$567,000
Condos Sold	164	97	$281,425
Vacant Land Sold	28	246	$246,000
July 2003		Days on Market	Median Price
Homes Sold	158	146	$406,500
Condos Sold	175	125	$214,000
Vacant Land Sold	38	242	$328,000

June 2004		Days on Market	Median Price
Total New Listings	193
Homes Sold	106	146	$600,000
Condos Sold	201	78	$295,000
Vacant Land Sold	33	175	$600,000
June 2003		Days on Market	Median Price
Homes Sold	128	106	$395,000
Condos Sold	165	122	$243,000
Vacant Land Sold	56	190	$350,000

May 2004		Days on Market	Median Price
Total New Listings	140
Homes Sold	90	113	$625,500
Condos Sold	172	113	$276,500
Vacant Land Sold	35	114	$355,000
May 2003		Days on Market	Median Price
Homes Sold	144	167	$372,500
Condos Sold	157	119	$222,500
Vacant Land Sold	28	125	$316,450

April 2004		Days on Market	Median Price
Total New Listings	153
Homes Sold	126	109	$512,500
Condos Sold	215	79	$305,000
Vacant Land Sold	35	183	$580,000
April 2003		Days on Market	Median Price
Homes Sold	91	158	$436,739
Condos Sold	157	103	$250,000
Vacant Land Sold	37	145	$285,000

March 2004		Days on Market	Median Price
Total New Listings	143
Homes Sold	110	124	$499,900
Condos Sold	193	83	$310,000
Vacant Land Sold	84	221	$218,750
March 2003		Days on Market	Median Price
Homes Sold	87	120	$442,900
Condos Sold	166	165	$199,750
Vacant Land Sold	36	165	$284,750

February 2004		Days on Market	Median Price
Total New Listings	116
Homes Sold	87	130	$550,000
Condos Sold	154	95	$267,450
Vacant Land Sold	52	148	$421,500
February 2003		Days on Market	Median Price
Homes Sold	73	122	$400,000
Condos Sold	143	119	$260,000
Vacant Land Sold	22	219	$298,500

January 2004		Days on Market	Median Price
Total New Listings	152
Homes Sold	98	120	$520,000
Condos Sold	159	121	$275,000
Vacant Land Sold	50	143	$454,500
January 2003		Days on Market	Median Price
Homes Sold	96	117	$379,500
Condos Sold	134	116	$239,810
Vacant Land Sold	38	191	$292,500

Thank you again for taking the time to read the Coconut Chronicles. As always, feedback and questions are most appreciated.

If you know anyone else who might enjoy these articles, please feel free to forward a link to this page.

Warmest Alohas,
Pete and Billy Jalbert
The MauiRealEstate.com Team

» User Login
» Go to Favorites

Home : Search : Maui Homes for Sale : Maui Areas : North Shore : South Shore : Upcountry
West Maui : Lahaina : Eastside/Hana : Central Maui : Condos : Oceanfront Homes for Sale : Vacant Land
This Week's New Listings : Maui Professionals : Vacation Rentals : Maui Information / Map : 1031 Exchange

MauiRealEstate Team : Billy Jalbert : (808) 283-6377
About Us : Contact Maui Real Estate : Real Estate Inquiries : Sell a Maui Property
Specializing in finding the ideal Maui property that best fits your dreams of a new lifestyle : Newsletter : Blog