Wednesday, November 12, 2014

Wednesday Morning Coffee on Maui - 11/12/14

Aloha & Good Morning!                                                                                                 
Today Maui will be mostly sunny with highs in the 80’s!

The Realtors Association of Maui (RAM) just released the October sales statistics.  The data below represents two sets of numbers to include the three main categories of sales: residential, condo and vacant land.  The first set of numbers shows how many units were sold in each category.  The second set of numbers shows the median sales price for each category.  Each set of data compare the total numbers for sales made from January through October and we are comparing 2014 vs. 2013.    


When we look at the data we can see that the numbers of unit sales is down in each category.  However, the median sales price has risen from last year’s numbers.  This rise can be seen in each category and is strongest in the median sales price for vacant land at a 28% increase. 

Maui is approaching a busy time for real estate as we move closer to the holiday season.  Many island visitors will be searching for real estate that they want to purchase and there will be an overall increase in showings and listings. 

Keep checking the New Daily Listings tab on the Real Estate Sales Maui website for the most up-to-date info on new listings.  You can also connect with me and I will set you up on a daily or weekly email with new listings that fit your needs.   

REPORT: October RAM Report – See the full Realtors Association of Maui report for October 2014


  
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