Great News On St. Patricks Day! Condo Sales Up!

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Wishing you a very Happy St. Patricks Day!  Condo sales reached a 5 year high in February topping the previous high of 98 condos sold in 2011.   Last month saw a total of 100 condos sold compared to January sales of 62 condos sold.  Kihei led the way for condo sales with 35.  Not only did the sales rise, meridian prices rose as well. The meridian condo price in February of $364,960 was a nice jump from January’s meridian price of $292,000.  Home prices also saw a rise in the market. Median price for a home sale in February was $550,000.  This is a 7% increase from the same time last year. You can read the entire article with more stats and sales by area via mauinews.com here. If you or anyone you know is interested in buying or selling property contact the Hansen Ohana for all your real estate needs!

Whale and Ocean Arts Festival

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Come celebrate the migration of the Pacific Humpback whales this weekend.  The event is being held this Saturday and Sunday at Banyan Tree Park from 9 am to 5  pm.  A great event for the entire family.  There will be live music, crafts, and local artists.  Don’t forget to bring your non-perishable food donations for the Maui Food Bank.  You can view more about this event as well as other local events via MauiNews.

Spending Is On The Up!

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After hitting a low in 2009, visitor spending on Maui has risen tremendously.  In 2012 spending increased 18.8% to $3.6 billion.   In just December alone, Maui visitors spent $357.8 million.  Arrivals via air were up as well for 2012 increasing 5.9%.  With all these visitors to our island, tourism based jobs rose 34,000 in 2012.  You can read more via mauinow.com here.  If you  or anyone you know is looking to buy or sell real estate on the Islands, contact the Hansen Ohana!

Maui Stop Added To Princess Cruise Route

 

 

New for 2014 Princsss Cruise line will be adding a stop in Maui to it’s route.  The 680 passenger Pacific Princess will make the stop on it’s way from Tahiti.  The cruise will replace the 2014 World Cruise that had previously been announced but has been cancelled.  You can view the entire article view mauinow.com here. Look for the cruise to depart in April, 2014.