More data regarding the Maui luxury real estate market:
Currently there are 82 Maui homes for sale that priced between $2,000,000 and $3,000,000. As of today, there are 3 homes pending/under contract.
In 2009, throughout Maui County there were 22 homes that sold within this price point. Three of these properties were Maui ocean front homes.
Breaking sales down by area:
West Side - Lahaina, Ka'anapali to Kapalua: 12 sales
South Side - Kihei, Wailea and Makena: 4 sales
Upcountry - Makawao, Pukalani and Kula: 2 sales
North shore - Haiku, Spreckelsville and Paia: 3 sales
Central Maui - Kahului, Wailuku to Kahakuloa: 1 sale
Interesting statistic: For how small an area Paia and Spreckelsville is, there were three sales that occurred in '09. Has the North Shore of Maui become more desirable? Or, perhaps the price point in this coastal area not typically labeled as "resort" fueled a greater draw? I think we could talk converse about this topic for a while. But I'll save that for another day.
Currently there are 82 Maui homes for sale that priced between $2,000,000 and $3,000,000. As of today, there are 3 homes pending/under contract.
In 2009, throughout Maui County there were 22 homes that sold within this price point. Three of these properties were Maui ocean front homes.
Breaking sales down by area:
West Side - Lahaina, Ka'anapali to Kapalua: 12 sales
South Side - Kihei, Wailea and Makena: 4 sales
Upcountry - Makawao, Pukalani and Kula: 2 sales
North shore - Haiku, Spreckelsville and Paia: 3 sales
Central Maui - Kahului, Wailuku to Kahakuloa: 1 sale
Interesting statistic: For how small an area Paia and Spreckelsville is, there were three sales that occurred in '09. Has the North Shore of Maui become more desirable? Or, perhaps the price point in this coastal area not typically labeled as "resort" fueled a greater draw? I think we could talk converse about this topic for a while. But I'll save that for another day.
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