Maui Buyer Statistics: US and Foreign Buyers of Maui Real Estate Q1 2018
Maui Real Estate Market Overview and Buyer Statistics: Quarter 1 | 2018
Many Buyers and Sellers want to know where buyers of Maui County real estate call home (in this case, their legal residence). There is often a misperception that the majority of our foreign buyers come from Asia. While this might be true for Oʻahu’s market (particularly Honolulu), it hasn’t been the case for Maui County, which includes the islands of Molokaʻi and Lānaʻi. Each year, Title Guaranty, one of Hawaiʻi’s most reputable Title and Escrow Companies, provides us with Buyer statistics.
MAUI BUYER STATISTICS: TOP FOREIGN AND US BUYERS
So far in 2018, we see a similar pattern of where Buyers of Maui real estate originate, both from abroad and the mainland US. Canada continues to be the primary foreign feeder market, though changes in their economy have been felt here on island.
MAUI REAL ESTATE BY AREA
When looking at our mainland market, the largest mainland feeder markets are California and Washington. This particularly holds true in the resort markets in West Maui (Kapalua, Kāʻanapali) and South Maui (Mākena, Wailea, Kīhei).
This information has been provided by Courtney Brown, Vice President at Island Sotheby’s International Realty
*All information deemed reliable but not guaranteed, and should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any misprints, typographical errors, or misinformation and shall be held totally harmless. Listing(s) information is provided by the REALTORS Association of Maui Inc (C) and is for consumers personal, non-commercial use. Information on this site was last updated (insert publication date). This is not intended as legal or tax advice, and readers are urged to consult with the appropriate professionals to determine the accuracy of information.