Today I have a market update for you about the latest happenings in Maui real estate. Nobody expected the real estate market to be where it is right now. At the start of the pandemic, I sold some of my own real estate and packed some money away for fear of a market downturn.
To my pleasant surprise, the fears were short-lived and the market rebounded incredibly. It has taken a life of its own. I’m excited to share all the latest news and numbers with you.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to skip to topics that interest you most:
1:05- The latest sale/inventory numbers for Maui and an incredible rise in the median price
2:20- How the market evolved throughout 2020 and into 2021
2:50- A closer look at the condo markets
4:35- Numbers for the vacation condo market
5:20- Numbers for the residential condo market
5:55- What do these numbers mean for buyers/sellers?
7:00- What home sellers are looking for in this market
8:20- My thoughts on the future of this market
9:15- Wrapping things up
If you have any questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.