The 2009 Maui Real Estate Statistics are now available. Prepared by the Realtor’s Association of Maui, the year end statistics show that the number of sales is starting to increase, while inventory decreases. Unlike the boom years that we experienced this past decade, there is little change in median pricing. This overview is helpful in that it explains the impact of short sales on our marketplace, which is a relatively new phenomenon. Additionally, while the overall statistics are broken down by area, the number of sales in some areas are relatively small, which can skew the data.
Please don’t hesitate to contact me with any questions. You can view the 2009 Year End Statistics, as well as those going back to 1998 in the Market Reports section of my website. For questions regarding a specific area, please don’t hesitate to contact me at cb@LuxuryRealEstateMaui.com