U.S. existing-home sales recently fell from a one-year high, dropping 4.3% month-over-month to a seasonally adjusted annual rate of 4.19 million, according to the National Association of REALTORS® (NAR), as higher interest rates and rising sales prices continue to keep some prospective buyers on the sidelines.
Maui: Year to Date 2024 vs. Year to Date 2023 New Listings increased 22.4% for Single Family homes and 40.7% for Condominium homes. Pending Sales increased 10.1% for Single Family homes but decreased 9.8% for Condominium homes.
Median Sales Price increased 13.3% to $1,300,000 for Single Family homes and 7.3% to $880,000 for Condominium homes. Days on Market increased 4.1% for Single Family homes but
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