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Competition Continues To Set Records
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Competition Continues To Set Records
November 2018
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Maui Home and condo prices rose in November 2018, with the median home price up 8.1% to $744,000 and the median condo price up 32.6% to $529,000.
Maui sales activity was down again in November 2018, with home sales down -25% and condo sales down -5% from November last year.
The competitive market for Maui condos increased in November 2018, with Days on Market down to 17 days and 1 in every 10 condos sold being bid-up over asking price.
| SINGLE FAMILY HOMES | This Month NOVEMBER 2018 | Last Month OCTOBER 2018 | Last Year NOVEMBER 2017 |
|---|---|---|---|
| Median Sale Price | $744,000 | $787,000 | $688,000 |
| Average Sale Price | $1,122,000 | $1,219,000 | $1,144,000 |
| Homes Sold | 73 | 82 | 73 |
| Median Days on Market | 38 | 25 | 23 |
| Bid Ups | 18% | 12% | 15% |
| CONDOMINIUMS | This Month NOVEMBER 2018 | Last Month OCTOBER 2018 | Last Year NOVEMBER 2017 |
|---|---|---|---|
| Median Sale Price | $529,000 | $497,000 | $399,000 |
| Average Sale Price | $772,000 | $596,000 | $677,000 |
| Condos Sold | 116 | 124 | 125 |
| Median Days on Market | 17 | 24 | 47 |
| Bid Ups | 11% | 10% | 5% |
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