Maui and Lanai are having a Hard Time

Sales of single-family homes on both Maui and Lanai fell dramatically to their lowest point in several years in January. There were only 56 homes sold last month, 55 of which were on Maui and only one on Lanai. This compares to 106 that were sold in January of 2007.

This was the lowest number of sales in the last five years. By comparison, the lowest number of sales last year occurred in September when 74 homes were sold. I surely hope this isn't catching.

RE/MAX Kai Lani, 25 Kaneohe Bay Drive, #109, Kailua, HI 96734 (808)237-5300