Maui Real Estate Statistics – July 2016

Maui Real Estate Statistics – July 2016

Courtesy of Realtors Association of Maui

Highlights:

Total sales for immediate past 12 months: Residential = 1,089 (with 10.4% being REO or Short Sale),
Condo = 1,246 (4.8% REO or SS), Land = 150 (3.3% REO or SS).
NOTE: 36.5% of these Sales in the last 12 months have been CASH transactions.
IN A NUT SHELL…… Monthly Residential Sales and Condo Sales remained steady while Land Sales
numbers dropped. Canadian investors have been big participants in Maui’s real estate market in years
past, however the current Canadian Dollar exchange rate (.77 US $) may motivate Canadian investors to
sell, rather than buy OR sell and reinvest in other Maui properties.

Full Report: http://www.ramaui.com/UserFiles/File/Stats/All-July2016.pdf.