North Shore Maui holding its value

The North Shore of Maui had a very respectable multi million dollar sale recently. 38 Nonohe Place, a 3990 sqft house on a little over half an acre, sold for $ 2.9 million earlier in November. The same house sold for $ 2.7 million at the top of the market in 2005. While the house had been upgraded since 2005, this sale shows that despite a terrible down turn in the economy, buyers are prepared to shell out for what they really want.

Thanks for reading my blog.

Aloha,
Peter