October median prices came within $6000 of the record previously set in May 2005 of $780,000. Coming in at $774,223 this is a 15.8 percent increase over the same time last year. October marked the fifth straight month with the median home prices being over $700,000. Total dollar amount in sales is up 4.6 percent compared to the same January to October 10 month span.
Although the median condo price was down in October to $499,000, for the 12 month period of October 2017 to October 2018 condo prices were up 10.2 percent. Inventory of condos for sale was also down 20.3 percent. The total sales amount for condominiums however was up 25.5 percent for January to October 2018 timeframe.
For more statistics and to see the full report, the Realtors Association of Maui October 2018 report is available if you click on the market statistics icon.