Kauai and Maui median sales prices were up substantially in 2016. Here is a summary extracted from data provided by Old Republic Title & Escrow of Hawaii.
Islands & Property Type | 2016 | 2015 | Increase |
Kauai Homes | $625,500 | $612,000 | 2.21% |
Kauai Condos | $399,500 | $360,000 | 10.97% |
Maui Homes (Incl Maui, Lanai, Molokai) | $636,750 | $580,000 | +10% |
Maui Condos (Incl Maui, Lanai, Molokai) | $415,000 | $410,000 | +1% |
The 2016 median prices on Maui are a few percentage points higher than Kauai.
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
Thank you for taking the time to prepare and share this real estate market insight. It's exactly the type of information that buyers and sellers need to better understand the dynamics of the market.
Looking good for owners of Maui and Kauai properties.