Luxury is in the eye of the beholder…but for purposes of this Maui County Luxury Homes Market Report it pertains to homes (condo report will be in my next writing) sold at 2 million and above on the luxurious County of Maui (Islands of Maui, Lanai, Molokai).
Stay tuned as I will be writing on vintage, modern, and rustic homes. There has been so much creativity happening on Maui with unique homes that I wanted to dedicate several writings highlighted these special homes for sale.
Maui County Luxury Homes Market Report (sold price 2 million and up) Mid Year Report (January 1, 2016 -June 30, 2016)
Here is the link to view the homes listed on the spreadsheet above. Click here to view homes sold on Maui at 2 million and up in first half of the year in 2016.
So how does this fare to same year-to-date last year? Well, including the outlier sale last year of 4446 Makena Alanui Rd. for $41,775,000 (not a beachfront property) the total number of sales is very close, 37 units same time period last year versus 36 units same time period this year.
The median price was $3,100,000 compared to $3,360,000 this same time period. The average last year was $4,739,540 compared to the average Same time period this year was $3,746,347. What is interesting to note is that there were 9 homes sold at 5 million and above this year to date compared to 6 homes same period of time last year.
Maui Luxury Homes Report History 2000-2015 (sold at 2 million and up)
Maui Luxury Homes Market Report Graph (Median Price)
Homes in great condition with fabulous views and amenities priced right are selling. The majority of the buyers were domestic, which is a shift from the Canadian buyers of the past. Mostly non owner-occupants.
Can’t find what you are looking for? Call me and lets discuss. I know of homes not publically listed for sale as well that may suit your needs and wants.
Call for your exclusive showing or for more information.
Enjoy the second half of 2016!
A hui hou… (until we meet again)
Jeannie Kong REALTOR®(S)
Maui Real Estate Advisors, LLC
161 Wailea Ike Dr. A-102
Wailea, Maui,HI 96753