How did the Real Estate Market preform in 2016? Take a look at the graphs below to see the average sales price and total volume for Maui County Real Estate Sales since the year 2000.
Maui Real Estate Total Volume Per Year
As you can see from the graph above, the total sales volume for SF Residential Homes took a significant jump. In fact the sales volume for SF Residential has more than doubled since it hit its most recent low in 2009. Condos sales volume remained consistent with a steady climb since once again in 2016.
Maui Real Estate Average Sales Price
As you can see from the graph above, residential single family home average sales prices took a significant jump in 2016. Keep in mind that Maui is a relatively small county so a few very large sales can inflate our averages. Nonetheless, SF Homes prices are trending upwards indicating the market remains strong. Maui Condos average sales price also remained consistent.
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Of course these numbers just scratch the surface of Maui’s Real Estate Trends. If you want more detailed information or would like to focus on a certain area, let me know. I am always happy to talk about Maui Real Estate.