Source: Maui Now —
Maui County real estate continued to be a seller’s market for August 2021, with 121 single family homes selling at a median sales price of $1,040,000, a 30.2% increase from a year ago but $5,000 less than last month, according to statistics from the REALTORS Association of Maui.
Single family homes also sold 11.6% faster in August 2021 than a year ago, with 114 average days on the market.
The majority of single family home sales were in Kahului (21 sales) at an average median sales price of $855,000 and Wailuku (19 sales) at an average price of $895,000 for August 2021.
For Maui County condominiums, there were 187 sales, an increase of 58.5% from a year ago. But the median sales price was 2% less than a year ago at $650,000. The condos were on the market for an average of 100 days, 44.4% less than August 2020.
For those wanting to build or invest, the vacant land median price for 30 sales doubled to $800,000 from a year ago, but it was down $72,500 from last month. The number of sales was a 25% increase from a year ago.