The January 2014 statistical report from the Realtors Association of Maui showed huge price increases for the month. The median price of a Maui home was $691,500 in January – up from $510,000 a month ago, and up from $550,000 in January a year earlier. The sales volume of almost $88 million for the month nearly doubled from the same month a year ago when about $44 million in real estate sold for the single family homes category.
Condo prices also saw a huge increase. The January 2014 median condo price was $437,000, compared to $297,000 in the same month a year ago. The sales volume also was much larger this January, with nearly $64 million in condo real estate sold (compared to almost $26 million in the same month a year ago.
Contact Delmore Realty for more information on the Maui real estate market at www.delmore.net.