Now that 2014 is in the history books, we can look at how it compares to previous years. Although prices continued to rise in 2014 (to be discussed in a future post), the total number of sales declined. The decline, while significant, was focused in low-end sales of $500K and below. For price groups above $500K, the number of sales continued to increase which is a healthy sign for the median and high-end markets. Detailed sales history by price group is shown in the chart below. Data is for the island of Maui and does not include Lana'i or Moloka'i which are part of the same MLS system.
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