August Sets New Record Median Sold Price

Maui Single Family Home Sales

August saw a new record for single family homes as the median price topped out at $837,500, while single family home sales figures dropped by 10% according to to the August Maui real estate report listed by the Realtors Association of Maui.

Upcountry home sold by the Sayles Team

A little less than 100 homes were sold in August which is 10% lower than compared to the same time last year where August 2018 saw 109 homes sold. The lower amount of sales can account for the 19.6% increase in median sold price, up from $700,000 just a year ago.

The previous record high was just a few months ago in April where the median sold price was $819,500.

Maui Condo Sales

Maui condo sales number were even more alarming as sales dropped by just under 22%; however, the median sold price for condos stayed steady with a less than 1% decreased to $496,500.

August saw 117 condos sold compared to the 149 units sold in August 2018.

Pristine Ho’olei condo sold by the Sayles Team

January to August Maui Real Estate Stats

Single Family Home Sales

  • Number of homes sold: 722, down 10% from 2018
  • Median home sold priceL $755,000, down 8% from 2018

Condo Sales

  • Number of condos sold: 1088, down 6% from 2018
    Median condo sold price: $515,000, up 3.5% from 2018

Contact a Maui Real Estate and Lifestyle Specialist

Hoolei 52-6 ocean views

The view from Hoolei Villa A6, the ultimate privacy and seclusion in the Wailea Resort

Please consider me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.

Aloha,

Anthony Sayles R(S)

808-280-6532

Anthony@DanoSayles.com

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