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Median price of a single family home in March was $712,718–that’s an increase of 4.8% from the same time last year, but down from the $790,000 median reported in February 2019. The new data was compiled by the Realtors Association of Maui.
Home sales were down 5% with 96 homes sold, from 101 homes sold in March of last year.
Total sales volume for homes was upwards of $89 million, according to data compiled by the Realtors Association of Maui. This included 22 units sold in Wailuku, followed by 17 transactions in Kīhei and 8 units sold in Haʻikū.
In the condo market, the Median price for a condominium in March was $508,500–up 13% from last year, but down from the $525,000 median reported the month before.
Condo sales experienced a double-digit increase of more than 21%, with 154 units sold, up from the 127 units that sold in March of last year.
Total sales volume for condominiums was $112,969,603 in March, according to the Realtors Association of Maui data. This included 61 units sold in Kīhei, 32 units sold in Nāpili/Kahana/Honokōwai, and 17 units sold in Wailea/Mākena.
