October 2008 Maui Real Estate Sales Statistics

October’s Sales Volume

Residential home sales rose to 79 units

Condo sales 46 units sold

Land sales came in at 4 lots sold.

October’s Sales Median

Residential Home prices dipped to $510,000,

Condos rose slightly to $402,500

Land is at $590,000

Days on Market

Residential Homes = 156 DOM

Condos = 199 DOM

Land = 93 DOM

“Year to Date Sales”

The numbers for Residential sales declined in number of sales, average / median prices and for total dollar volume sold. Condos and Land sold fewer units year-to-date however showed increases in average/median prices. Short time-frame (monthly) views do not necessarily reflect the longer time-frame trends.

Total sales for immediately past 12 months:

Residential=955

Condo=879

Land=132