October 2021 Maui Luxury Market Report

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MAUI

SINGLE - FAMILY HOMES

13 - MONTH LUXURY MARKET TREND 4 Median Sales Price

Inventory

Solds

$3,550,000

$2,775,000 $2,149,000 172

$2,100,000

14 Sep-20

155

129

26

26

Nov-20

Dec-20

18 Oct-20

$2,412,500

$2,262,500 179

170

$2,600,000

125

24 Jan-21

116

$2,495,000

$2,874,500

$2,680,000

$2,575,000

$2,332,500

116

118

103

29

35

43

34

Feb-21

Mar-21

Apr-21

May-21

112

103 40

39

Jun-21

Jul-21

$2,775,000

102

30

32

Aug-21

Sep-21

MEDIAN DATA REVIEW | SEPTEMBER TOTAL INVENTORY Sept. 2020

Sept. 2021

172

TOTAL SOLDS Sept. 2020

Sept. 2021

102 VARIANCE: -41 %

32 VARIANCE: 129 %

SALE PRICE PER SQFT.

SALE TO LIST PRICE RATIO

Sept. 2020

Sept. 2021

739

954 VARIANCE: 29 %

$

$

14

Sept. 2020

Sept. 2021

94.95% 97.29% VARIANCE: 2 %

SALES PRICE Sept. 2020

$

2.15m

Sept. 2021

2.78m VARIANCE: 29 % $

DAYS ON MARKET Sept. 2020

Sept. 2021

160

100 VARIANCE: -38 %

MAUI MARKET SUMMARY | SEPTEMBER 2021 • The Maui single-family luxury market is a Seller's Market with a 31% Sales Ratio. • Homes sold for a median of 97.29% of list price in September 2021. • The most active price band is $1,600,000-$1,699,999, where the sales ratio is 100%. • The median luxury sales price for single-family homes is $2,775,000. • The median days on market for September 2021 was 100 days, down from 160 in September 2020. Square foot table does not account for listings and solds where square foot data is not disclosed. 4 Data reported includes Active and Sold properties and does not include Pending properties.

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October 2021 Maui Luxury Market Report by dennisrushmaui - Issuu