The big story with the October 2012 Maui Real Estate Statistics from the Realtors Association of Maui is the 5-year high of single family homes sold. There were 98 homes sold in the month of October, which is the most number of homes sold since June 2007, when 112 homes were sold.
The market is on an upswing. Prices are also up. October’s median home price is up to $487,000.
Condo volume & prices are also up — 94 units sold in October 2012, 22 percent more than the previous month, and compared to 77 sold the same month a year earlier. The median condo price in October is up to $351,495 (compared to $310,000 in October 2011).