Tag Archives: record breaking

Heatwave Continues

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Record high temperatures were recorded in Kahului Monday. Temperatures reached 96 degrees breaking the pervious record of 94 degrees set in 1996. Sunday, the record high temperature of 94 degrees was recorded breaking the old record of 92 degrees set in 1977. Known for it’s cooler temperatures, Hilo hit a record breaking 90 degrees Sunday from the previously held record set in 1972!

Forecast for today is 92 degrees. With humidity added, it may reach a heat index of 99 degrees. Forecasters are keeping a lookout on Hurricane Kiko. Hurricane Kiko is currently a category 1 system. By the time it reaches the Central Pacific, it should hopefully be downgraded to a tropical storm

 

Median Home Prices Set Record

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Single family home prices set a record according to the Realtors Association of Maui. In April the median sale price was $819,500. This is the first time since 1993 that median prices have broken the $800,000 mark.

Kapalua had the biggest home sale in April at $3.3 million, with the majority of home sales in Wailuku coming in at a median price of $702,290. Median condo sale prices came in at $440,000.  The most expensive condo sale came in Kapalua at $2.9 million. Largest number of condos sold were located in Kihei at a median price of $429,000.

Pending sales also increased for single family homes to 24.2%. with pending condo sales declining 4.8%. Both single family homes and condominiums had a decrease in days on the market. Single family homes decreased 22.3% and condos 12.1%.

Homes listed in competitive price ranges are the most attractive to buyers. Make sure to contact The Hansen Ohana with questions regarding buying and/or selling today!