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Maui Quarterly Real Estate Report

Q3 2018

Market Statistics

Prices Rising

Maui price activity was up strongly in Q3, with the median home price up 5.6% to $730,000 and the median condo price up 18.8% to $505,000.

Number of Sales Up for Homes and Condos

Maui home and condo sales jumped in Q3 2018, with home sales up 8.6% and condo sales up 20.7% from Q3 last year

Competitive Condo Market Increases

The competitive market increased in Q3 for Maui homes and condos, with sales up, and increased properties being bid-up over asking price.

SINGLE FAMILY HOMES This Quarter 2018 Q3 Last Quarter 2018 Q2 Last Year 2017 Q3
Median Sale Price $730,000 $699,250 $691,132
Average Sale Price $958,479 $981,554 $1,015,907
Homes Sold 303 290 279
Median Days on Market 109 117 107
Bid Ups 15% 14% 13%
CONDOMINIUMS This Quarter 2018 Q3 Last Quarter 2018 Q2 Last Year 2017 Q3
Median Sale Price $505,000 $503,000 $425,000
Average Sale Price $767,678 $739,795 $672,926
Condos Sold 407 499 337
Median Days on Market 109 109 106
Bid Ups 12% 8% 6%

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