The 2019 Real Estate Sales Statistics are in!
The Realtors Association of Maui (RAM) has released the year-end market statistics for Maui County. Single-family home median sales prices were up by 4.4 percent overall to $714,355. Days on market decreased by -8.3 percent county-wide. Sales volume was up by 3.7 percent county-wide. New listings were up 2.5 percent and pending sales were up by 6.9 percent county-wide.
Median sales prices for condominiums were up +3.1 percent to $515,500, with days on market down -11.0 percent, sales volume down – 6.1 percent, new listings down -3.4 percent and pending sales down -4.9 percent in condominiums county-wide.
West Maui had 137 sales of single-family homes for a total volume of $236,639,221. Kapalua led the way with a 137 percent gain in home sales, followed by Lahaina up 11.3 percent.
West Maui condominium sales were up 40.2 percent in Lahaina, followed by a 35.6 percent increase in condo sales in Kapalua.
Vacant land sales were up 100 percent in Olowalu with two sales in 2019 (one sale in 2018). Kaanapali and Lahaina both had a decrease in vacant land sales. Kapalua had no vacant land sales in 2018 up to two sales of vacant land in 2019.
Available now is a great ocean view unit in Kuleana I – an oceanfront property in Mahinahina. Kuleana #207 has a large, well-appointed interior with tile in the living room and bamboo wood flooring in the air conditioned bedroom.
Remodeled in 2014, this one-bedroom, one-bath unit of 768 square feet includes a large, spacious lanai, which lends itself to outside living, whale watching in season and year-round sunsets. You may also walk around the Kuleana’s beautiful, well-kept grounds and enjoy living on an oceanfront property.
Priced at $795,000 Fee Simple, Kuleana #207 is a must-see in order to believe this incredible opportunity to become a West Maui condo owner. The unit has a full kitchen, ceiling fans and a washer /dryer. It’s close to shops, restaurants and golf courses.
Unit #207 is currently in a busy vacation rental program. Call your Realtor or a Lowson & Associates’ Realtor – U’ilani Todd, R(S), 808-205-7649; Gentrie Borneman, R(S), 808-280-6273; or Jim Rund, R(S), 808-855-0494 – and schedule a showing today. To view online, go to www.Lowson.com; for information, e-mail Laurie@Lowson.com.