April 2013 Maui Market Analysis – Seller’s Market

2013_04MauiMarketSnapshot

Here's just a quick summary of the Maui market and what we are hearing!   It is a busy market with well priced homes and condos being snatched quickly.  I just had a listing that had been on the market last year get snatched up in 5 days.  Here are some highlights: Inventory is at just 6.6 … [Read more...]

February Maui Market Analysis – Changing Market

Price profile for Feb 2013.

View All Areas SnapshotsView Full Trend Report Yep, prices are still going up. First it was Kihei, then Central, now it's pretty consistent island-wide. The Maui Market is recovering. The number of foreclosures and short sales is going down. Inventory is low. Any home under $500,000 is getting … [Read more...]

January Maui Property Sales Way Down

2013_01MauiMarketSnapshot

Maui Real Estate Market is Collapsing.  Maui Real Estate Market Takes a Vacation. Very Slow Start to 2013.  Condo Sales Down 50% in January.   Those were just a few of the titles I suspect we might see in the media after taking a quick look at  Maui property sales data for January.  There WAS … [Read more...]

Maui Luxury Open House: Saturday 11/3 2850 Kamaile Pl, Wailuku

Outside View From Entranceway, 2850 Kamaile Street, Wailuku, HI 96793

The Details Where: 2850 Kamaile Pl, Wailuku  -  Top of the hill in Wailuku Country Estates. See map below. When: Saturday, November 3, 2012 from 1:00pm to 5:00pm The Home: This is a custom-designed 5,500 sq ft luxury home with an Ohana  that most people would be happy to call home!  It … [Read more...]

August 2012: Maui Real Estate Sales Experience Summer Slow Down

2012_08MauiMarketSnapshot

It looks like Real Estate decided to take the summer off! It is normally our slowest time so this is not a big surprise. Over the year, median prices are up 13-19% while average prices are down 15-20%. What do you think is causing that? The bottom is past; people are willing to pay more while … [Read more...]

June 2012: Maui Real Estate Trends Up

2012_06MauiMarketSnapshot

Up, Up and Sideways Just take a quick look at this snapshot for Maui Real Estate Trends for June 2012. Sales are up for both condos and houses. Prices are up for both condos and houses. Days on market is still a mixed bag that is strongly influenced by number of SLOW Short Sales. The Market is … [Read more...]

This Month In Real Estate – July 2012

July 2012 This_Month_in_Real_Estate

Ok, I'll start with a tiny peek at market trends for Maui -->  Both sales and prices were up in June.  Full reports aren't out yet  (time for late reporters!) but as of this morning, transactions were up 15% over May and prices were up too!  Many areas have a shortage of inventory.  Average … [Read more...]

Short Sales Success: Are Things Getting Better?

Mau Short Sales Since 2011

Agents feel like short sales are getting better but thinking about it has prompted me to do an update on my 2010 article  What Happened To That Short Sale?  I had asked the question looking at  Potential Short Sales that had been listed in 2010.  Now I've updated that data with some very … [Read more...]

Maui Prices on the Rise — Are You Sure?

2012_04 Maui Real Estate Market Snapshot

I just saw this Trulia Headline --> Rising Home Prices: Coming to a Market Near YouIn reading the Trulia article, the first thing that struck me was that they are talking about listing or asking prices. Well just because listing prices are going up and it was a miniscule 0.2%, doesn't mean that's … [Read more...]

Recent Sales 38% Distressed and 50% Cash…

Are Distressed Properties a Good Deal?

View All Areas Snapshots View Full Trend Report View Foreclosure ReportThe numbers tell the story.  While distressed properties (bank-owned and short sales) are only 18% of the total active and pending listings, over the last 6 months, they've constituted over 38% of the sales. They are defining … [Read more...]