Maui Business

Maui Condo Sales Jump in February

Play
Listen to this Article
1 minute
Loading Audio... Article will play after ad...
Playing in :00
A
A
A

Condo prices rose 27% in Feburary. Photo courtesy of Aiko Jonas.

Condo prices rose 27% in Feburary. Photo courtesy of Jonas.

By Sonia Isotov

Condominium prices in Maui County jumped 27%  in February compared to the same month last year, according to statistics released this week by the Realtors Association of Maui.

The median price of a condo on Maui in February was $364,950 compared to $292,000 in January and $287,000 on year ago for the same month. That 27% is based on 100 condos sold in February, compared to 83 sold one year ago. Condo sales nearly doubled from January to February when 62 condos were sold.

ARTICLE CONTINUES BELOW AD
ARTICLE CONTINUES BELOW AD

Single-family home prices have also increased, but by a smaller margin of 7.2% in February compared to one year ago.

Median single family home prices in February were $550,000, which was the same as January, but up that 7.2% from one year ago.

ADVERTISEMENT

Sponsored Content

Subscribe to our Newsletter

Stay in-the-know with daily or weekly
headlines delivered straight to your inbox.
Cancel
×
Make the most of your Maui vacation with these top-rated activities: Maui Top 20: Maui Visitor & Tourism Information

Comments

This comments section is a public community forum for the purpose of free expression. Although Maui Now encourages respectful communication only, some content may be considered offensive. Please view at your own discretion. View Comments