Real Estate Update: New Developments
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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.
- Total Number of “Sold” Prices –
2: $3 million and up
19: $1 million-$2.9 million
70: $499k and lower
The highest-priced home sold for $3.45 million in Kāʻanapali.
The lowest-priced home sold for $315,900 in Central Maui.
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 –
Single Family Home: 62
Vacant Land: 9
- Year-to-Date (YTD)
January-November 2015 compared to January-November 2014
Total dollar volume:
Vacant land +18%
Source: Realtors Association of Maui
There are also new home and condo developments in various stages throughout Maui. Those include:
You can learn more about the real estate developments and figures in our interview with Josh Jerman above.