The July 2014 Realtors Association of Maui statistics showed a median home price of $573,750 for the month with 98 homes sold, which was up dramatically compared to the same month in the year prior. (In July 2013, 93 homes sold for a median price of $475,000).
For condo sales, the median price in July 2014 of $387,500 was up a lot from July 2013’s $357,625. But # of sales were down. July 2014 had 82 condo closings, compared to 112 in July 2013.
Year to date as of July 2014, the median home price was up 7% to $574,500 (v. $535k at same YTD of 2013).