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Maui Quarterly Real Estate Report

Q4 2017

Market Statistics

Prices Rising

Maui prices rose again in Q4, with the median home price up 4.6% to $680,000 and the median condo price up 8.1% to $434,500.

Condo Sales Way Up, Home Sales Flat

Maui condo sales jumped in Q4 2017, up 21% from last year. Maui home sales are flat with Q4 last year.

Maui Home Prices Hitting New Peak in 2017

Maui home prices hit a new high in 2017 at $695,000, finally surpassing the previous peak high set in 2006. Maui Condo prices are still about 20% down from previous peak.

SINGLE FAMILY HOMES This Quarter 2017 Q4 Last Quarter 2017 Q3 Last Year 2016 Q4
Median Sale Price $680,000 $691,132 $650,000
Average Sale Price $1,006,774 $1,015,907 $1,014,713
Homes Sold 273 279 271
Median Days on Market 109 106 106
Bid Ups 17% 13% 16%
CONDOMINIUMS This Quarter 2017 Q4 Last Quarter 2017 Q3 Last Year 2016 Q4
Median Sale Price $434,500 $425,000 $402,000
Average Sale Price $693,114 $672,993 $573,899
Condos Sold 402 337 331
Median Days on Market 110 104 108
Bid Ups 8% 7% 8%

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