Hawaii Real Estate Resource

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October Sales on Kauai & Maui

October sales statistics from the respective MLS systems have been released for Kauai & Maui and are presented in the tables below.  Median sales prices on the two islands continue to be similar except for vacant land which jumped substantially on Maui.  The number of sales on Maui are substantially higher (except for vacant land) and exceeds what one would expect solely on the population ratio of 2.2 to 1.  Prices on the two islands continue to hold up fairly well (and in some cases are up) although the number of sales have taken a huge hit.

Keep in mind that the data is as reported by agents and reflects what has sold.  This is not the same as the change in value of an individual property.  Data is deemed reliable but is not guaranteed and should not be relied on for buying or selling decisions.

Median Sales Price (Year-To-Date October 2008)

Type Kauai Maui
Single Family Homes $625,000 (down 5%) $584,250 (down 8%)
Condos $547,000 (down 2%) $553,500 (up 2%)
Land $520,000 (down 15%) $700,000 (up 24%)

 

Number of Sales (Year-To-Date October 2008) 

Type Kauai Maui
Single Family Homes 249 (down 30%) 786 (down 19%)
Condos 153 (down 43%) 720 (down 30%)
Land 106 (down 36%) 91 (down 54%)

Aloha!

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Richard Dolbeare (RA)

 Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.com for Hawaii real estate information

Richard T. Dolbeare, R(B) photo

 

Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

www.MauiSandCastles.com and www.KauaiRocks.com 

 Hawaii multi-island specialist, Maui & Kauai
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Comment balloon 3 commentsRichard T. Dolbeare • November 07 2008 10:37PM

Comments

What could be finer that visiiting the Islands

Sincerey 

 

Tom  BRaatz

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) about 10 years ago

Tom - There's not much finer that I've discovered other than perhaps a night out at the Kennedy Center and that's only fleeting.  Come on over, tourism is down and we need you.  Bring friends and family too!

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) about 10 years ago

Excellent infor for buyers and sellers alike.  Which reminds me... I have to get going on my market trends analysis for October!

Posted by Margaret Woda, Maryland Real Estate & Military Relocation (Long & Foster Real Estate, Inc.) about 10 years ago

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