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!
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