RAM Releases February Real Estate Statistics

March 11, 2015, 4:19 PM HST · Updated March 11, 4:22 PM
0 Comments
×

Photo Courtesy of Maui Paradise Properties.

Photo Courtesy of Maui Paradise Properties.

By Maui Now Staff

Maui’s residential real estate market saw a median price decline to $558,625 in February of 2015, with a decrease in individual homes sales and increase in condo sales from month before levels, according to statistics from the Realtors Association of Maui.

Homes sales in February dropped to 60 houses sold, totaling 135 for the year and increasing by 8 percent compared with the same time last year.

Condo sales rose to 93 units sold, totaling 176 units for the year and declining slightly by 4 percent compared with the same time last year.  The median condo price rose significantly to $475,000.

SPONSORED VIDEO

Vacant land lot sales totaled 14 sold for the month, declining to a median price of $490,000, and holding steady compared with last year.

The average DOM (days on market) for houses sold was calculated at 91; 116 for condos; and 274 for land lots.

To see the full statistical report for Maui, please visit www.RAMaui.com.

ADVERTISEMENT

Print

Share this Article

BREAKING NEWS 
TEXT ALERTS
Sign up to receive important news alerts like tsunami warnings,
floods, traffic accidents, road closures and more.
Phone # (xxx-xxx-xxxx):
E-Mail:
 

    View Categories
    Promote Your Maui Business for Free Add Your Listing

    Weekly Newsletter

    ARTICLE COMMENTS ( 0 )
    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.

    I Understand, Show Comments