Condominiums sales are quickly outpacing those for single-family homes, according to the Realtors Association of Maui.
Condominiums sales have soared recently on Oahu, the Big Island and Maui. On the Valley Isle, sales are up 7.3 percent compared to last year, while the median sales price rose 10 percent. Sales of single-family homes, on the other hand, only crept up by 1.6 percent.
“The condo market is definitely on an upward swing with sales,” said Ryan MacLaughlin, Broker at Island Sotheby’s International Realty. “The inventory is actively dropping and we are not even in our winter or busy market yet.”
This unit offers the most breathtaking views found at Wailea Point.
According to real estate data, there were 812 closed
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