I continue to monitor the health of the Maui real estate market by region with major differences noted between regions. Maui’s Central Region is especially active right now; some would say it’s ON FIRE. The South Side is OK while the West Side looks troublesome. Ma’alaea is hot as well with a location very convenient to the South, West, and Central areas. Other areas fall somewhere in between these.
The pendings percentage chart and the absorption rate chart give an instant overview of the Maui market areas.
The major resort areas are in South & West Maui. The Central region is where most other things are found including health care, commercial, government, the airport, and many of the island residents. Two major planned communities, Kehalani & Maui Lani, are in the Central region and both are wildly popular.
Richard is a former aerospace engineer who excels at discussing real estate market data. Inquiries are welcomed.
Aloha & Mahalo!
eXp Realty is a nationwide cloud-based brokerage licensed in Hawaii as follows:
eXp Realty, Lic. # RB-21841, 500 Ala Moana Blvd., #7-400, Honolulu, HI 96813