Condominium sale prices have reached a new high at a median price of $552,000 for June 2019. Active status Inventory for sale has reached an all time low and may indicate a seller’s market.
June inventory numbers dropped 14.6 percent for single family homes and 21.3 percent for condos compared to June 2018.
Median home sale prices rose 3.4 percent to $750,000 in June. The majority of homes sold were located in Wailuku. Majority of condos sold were found in Kihei with a median price of $550,000. Highest priced home sold was located in Kaanapali at $3.1 million. Highest priced condo was sold in Kapalua at $2,147,500.
If your interested in possibly buying or selling your home or condominium, call us today! We would be happy to assist you!