Real Estate

Real Estate Update: New Developments

December 12, 2015, 9:13 AM HST
* Updated December 14, 7:37 AM
Listen to this Article
1 minute
Loading Audio... Article will play after ad...
Playing in :00
A
A
A

[flashvideo file=http://www.youtube.com/watch?v=2aojQ0vqsn0 /]

This November was the lowest month this year for Maui real estate sales, but realtor Josh Jerman of Hawaiʻi Life Real Estate Brokers says the numbers are consistent with last November’s numbers, since Fall can be a slow time of year.

Here’s a look at some of the current figures.

November 2015

  • Total Number of “Sold” Prices –

2: $3 million and up
19: $1 million-$2.9 million
13: $999k-$751k
43: $500k-750k
70: $499k and lower

ARTICLE CONTINUES BELOW AD

The highest-priced home sold for $3.45 million in Kāʻanapali.
The lowest-priced home sold for $315,900 in Central Maui.

ARTICLE CONTINUES BELOW AD

The highest price condo sold for $2.7 million in Wailea.
The lowest-price condo sold for $110,000 in Central Maui.

  • Type of Real Estate Sold –

Condominium: 68
Single Family Home: 62
Vacant Land: 9

  • Year-to-Date (YTD)

January-November 2015 compared to January-November 2014

ARTICLE CONTINUES BELOW AD

Prices:

Residential +2%
Condominium +1%

Total dollar volume:

Residential +11%
Condominium +1%
Vacant land +18%

Source: Realtors Association of Maui

There are also new home and condo developments in various stages throughout Maui. Those include:

Kuaʻāina Mauka
Wailea Golf Estates II
Makali`i at Wailea
Keala O Wailea
Parkways at Maui Lani
Kamani at Kehalani

You can learn more about the real estate developments and figures in our interview with Josh Jerman above.

E-Mail Newsletters Receive daily or weekly updates via e-mail. Subscribe Now
News Alerts Breaking news alerts on your mobile device. Get the App

Comments

This comments section is a public community forum for the purpose of free expression. Although Maui Now encourages respectful communication only, some content may be considered offensive. Please view at your own discretion. View Comments