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Maui Real Estate Report

December 2017

Market Statistics

Median Prices Rising

Maui prices are up again in December, with the median home price at $711,000, up 1% from last December and the median condo price up 9% from last year to $445,000.

December Sales Activity Mixed

December sales activity was mixed on Maui, with the number of home sales down 9% and condo sales up 15% from December last year.

Demand for Maui Homes and Condos Increasing

Competition for Maui homes and condos increased in December. About 1 in every 6 homes and condos sold, 15-17%, were bid-up over asking price.

SINGLE FAMILY HOMES   DECEMBER 2017   NOVEMBER 2017   DECEMBER 2016
Median Sale Price $711,000 $688,000 $707,000
Average Sale Price $993,000 $1,144,000 $1,126,000
Homes Sold 86 73 94
Median Days on Market 46 23 41
Bid Ups 17% 15% 12%
CONDOMINIUMS   DECEMBER 2017   NOVEMBER 2017   DECEMBER 2016
Median Sale Price $445,000 $399,000 $410,000
Average Sale Price $636,000 $677,000 $559,000
Condos Sold 137 125 119
Median Days on Market 38 47 35
Bid Ups 15% 5% 9%
MARKET REPORTS

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