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Maui Quarterly Real Estate Report

Q1 2018

Market Statistics

Prices Flat

Maui prices were relatively flat in Q1, with the median home price down 1.5% to $684,350 and the median condo price even at $475,000.

Number of Sales Up for Homes and Condos

Maui sales jumped again in Q1 2018, with home sales up 22% from last year and Maui condo sales up 8.2% from Q1 last year.

Sales Bid-up Over Asking Price Increasing

The competitive market increased on Maui, with the percentage of sales bid-up over asking price increasing over Q1 last year.

SINGLE FAMILY HOMES This Quarter 2018 Q1 Last Quarter 2017 Q4 Last Year 2017 Q1
Median Sale Price $684,350 $679,000 $695,000
Average Sale Price $1,130,684 $1,003,888 $1,076,018
Homes Sold 284 275 233
Median Days on Market 106 109 100
Bid Ups 17% 17% 15%
CONDOMINIUMS This Quarter 2018 Q1 Last Quarter 2017 Q4 Last Year 2017 Q1
Median Sale Price $475,000 $434,000 $475,000
Average Sale Price $696,343 $691,977 $658,665
Condos Sold 371 403 343
Median Days on Market 100 110 111
Bid Ups 7% 8% 7%

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