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Competition Continues To Set Records
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Competition Continues To Set Records
Q1 2018
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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.
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.
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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