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Maui Housing Inventory Is Down, Prices Are Up

It’s an exciting time on Maui with our friendly visitors returning for the winter to enjoy fun in the sun.  Housing inventory is down below the activity of the same time last year. Home Sellers are at an advantageous position with a hot commodity in a location where options are limited. Staging Your Home to Sell — by decluttering and refreshing is highly suggested to stoke buyer appeal and garner immediate interest.

In a secondary home market where the inventory is low, and the desire to be here continues to drive prices up, an investment on Maui is proving to be more and more desirable, and equally lucrative as the years go by.

Pacific Business News even denounces the same with their recent article, “Maui Home Prices Rise as Sales Dip.”

The proof is in the numbers! Take a look at the latest statistics from our friends at Fidelity National Title.

Maui Year End Statistics 2019

Less inventory continues to drive prices up. The expansion of flights via Southwest Airlines to and from the mainland is harvesting more competition and keeping the visitors coming.

Perfect weather almost year-round, in a safe place to bring the family for a vacation, and a closer and easier destination. With the investment opportunity for Short Term Rentals, it’s a terrific place opportunity to “park” your money and watch it grow. It’s also a place to relax in solitude, to revel in nature, ‘step aside from the noise,’ and ‘fill your cup.’

If you’re curious about the short term vacation rental market on Maui, reach out. I’d love to put the best opportunities in front of you. Life is short, come live by the beach!

Aloha,

Mary Kerstulovich, Hawaii Life Real Estate Brokers
Your South Maui Real Estate Connection

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