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Maui Quarterly Real Estate Report

Q3 2017

Market Statistics

Prices Rising

Maui prices rose again in Q3, with the median home price up 8.0% to $691,132 and the median condo price up 4.3% to $427,500.

Sales Increasing

Sales increased slightly in Q3 2017, up 2.6% for Maui homes and up 0.3% for Maui condos from sales in Q3 last year.

Maui Homes and Condos Selling Faster

Maui homes and condos sold faster in Q3, with Days on Market for homes down 11% and for condos down 26% from last year. Properties are closing in about 3 months.

SINGLE FAMILY HOMES This Quarter 2017 Q3 Last Quarter 2017 Q2 Last Year 2016 Q3
Median Sale Price $691,132 $715,000 $640,000
Average Sale Price $1,015,907 $1,007,406 $1,058,430
Homes Sold 279 314 272
Median Days on Market 106 97.5 119
Bid Ups 13% 15% 15%
CONDOMINIUMS This Quarter 2017 Q3 Last Quarter 2017 Q2 Last Year 2016 Q3
Median Sale Price $427,500 $475,000 $410,000
Average Sale Price $674,896 $697,451 $630,208
Condos Sold 335 371 334
Median Days on Market 104 120 140
Bid Ups 7% 6% 4%

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