Report: Maui Condo, Home Sales Jump in February 2020 YTDMarch 24, 2020, 11:17 AM HST · Updated March 24, 11:19 AM 2 Comments
High season in Maui real estate has arrived, and according to a report from Fidelity National Title & Escrow, home and condominium sales have increased from last year.
According to the real estate services company, 168 homes were sold on Maui in February, an 18 percent rise from last February.
***This information is presented for informational purposes only. It is not our intention to provide any legal, financial or business advice. For specific information, please consult a qualified advisor.
A total of 261 condominiums were sold in February, 4 percent more than last year. Additionally, the median sales price for condominiums on the island increased 6 percent.
According to the report, the total dollar volume for home sales rose 10 percent, and increased 6 percent for condominium sales.
The median days that homes and condominiums spent on the market also decreased from last year.
By contrast, land sales dipped 11 percent, with a 21 drop in median sales price and a 54 percent decrease in total dollar volume.
AVP, Strategic Business Development
Fidelity National Title & Escrow:
Reta Chin is a contributing writer to Maui Now. Reta’s experience in the Maui escrow/title/real estate industry dates back to 1990. Named Affiliate of the Year by the Realtors Association in 2000 and she’s also been recognized for sales awards in her career. Fidelity National Title is recognized as the leader in the industry, ranked 303 in the Fortune 500. Fidelity is the highest rated and largest title insurance company, underwriting one of three policies, nationwide. One of the offices is located at the Shops at Wailea, at 3750 Wailea Alanui, Suite 22EW in Wailea. You can Follow Reta on IG @RetaChinFidelity.
Offices of Fidelity National Title & Escrow are available in: Kahului (808) 893-0556; Lahaina (808) 661-4960; Upcountry (808) 573-0110; and Wailea (808) 891-2404.
*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 consumer’s 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.
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