The Star Bulletin last Friday ran a story with this headline, "The Big Island and Kauai posted declines in costs while condos increased on Maui." According to the Realtors Assn. of Maui, in February, condo prices rose even as the number of condo sales, and of single family home prices and sales, fell. On the Big Island and Kauai, median prices and numbers of sales both dropped.
Statistics from the Association showed that on Maui, the median price for condos rose 0.7 percent to $578,950 from $575,000 a year earlier but condo sales plunged 53.7 percent to 44 from 95. Single-family home prices on Maui slipped 6.9 percent to $581,250 from $624,391 while home sales nose-dived 60.5 percent to 30 from 76.
Read the full article in the Star Bulletin.
Interested in Maui real estate? Give me a call or email - I know the island and can discuss the best buys. It definitely is a Buyer's Market!
Gary Bland, REALTOR
gary@garybland.com
www.garybland.com
808-385-1265
Partners with Jeff Manson
American Dream Realty
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