Events Coming Up!

Week of May 21, 2023

Prices Dropping

In April 2023, the median sales price for single-family homes in Maui County dropped from $1.24 million to $1.1 million, however fewer homes were sold as a result of fluctuating mortgage rates. The median sales price for condominiums, meanwhile, jumped from $820,000 a year ago to $877,000 today. April saw a 2.4 percent national reduction in existing-home sales, and a monthly decline of 5.2 percent in pending sales. The housing supply in Maui County has, nevertheless, been trending higher over the previous 12 months. In April, Wailuku saw the most number of single-family house sales, and Kihei saw the greatest number of condo sales.

To read the entire article via The Maui News here.

Upcoming Events

Iao Valley State Monument Reopens

A new reservation system has been implemented at the Maui state park Iao Valley State Monument in an effort to cut down on the number of daily visitors, mostly from out-of-state. The system reduced the number of daily visitors from an average of 1,000 before the reservation system was implemented to a maximum of 600. Improvements to the parking lot and slope stabilization work necessitated the closure from August 2020 to May 2021. The $10 parking fee and $5 entry fee for non-residents will help pay for further monument services and renovations, and additional employees may be hired with the money. After Waianapanapa State Park, Diamond Head State Monument, and Haena State Park, the monument is the fourth state park in Hawaii to demand reservations.

Read the entire article via the Maui News here.

Events Coming Up

Week of April 30, 2023