More deals being done on Maui

I'm pleased to report that the number of escrows on Maui is on the rise. Over the last year the number of escrows on Maui has been as low as 277, compared with 460 escrows today. The bulk of the escrows (98%) are spread out over single family, vacant land and condominiums. The rest are commercial. Single family homes has the best percentage of escrows with 210 escrows on 1112 listings (20.2%), next are condos with 178 escrows on 1573 listings (11.3%) with vacant land having 42 escrows on 610 listings (6.8%).

While this doesn't indicate a red hot market, it does show there is increasing interest in Maui real estate.

Thank you for reading my blog.

All the best,
Peter Slate R(S)
Haiku Properties