Current South Maui Real Estate Sales Reports and Market Update

Thank you so much for your patience, for your numerous emails, messages and comments. For those who still don’t know, after 15 years, my brother brought our mother back to Maui and you can imagine that this was a comfortable but ‘busy’ visit. I can’t believe that it’s been almost a month, but they finally left to return to Hamburg, Germany. We had a fantastic time together and I am sad to see them gone.

By popular demand, I just now updated the South Maui Real Estate Sales Reports, in the middle of the week. The Sales Reports are usually due between Sunday night and Monday morning every weekend. I am back to this expected schedule and you can email me to request your customized reports. Updated Sales Reports are available on this designated page, but can also be viewed with each individual listing posted in the Makena and Wailea Real Estate market place.

In addition, I also posted the results for July 2009, as usual, in pdf format. And while researching the inventory tonight, I found a few interesting numbers in the Maui MLS, that are worth sharing.

There are 16 new Escrows (accepted offers) that have been opened in the last eight days. All these numbers are the search results for South Maui, from Maalaea to Makena, including Kihei and Wailea. 125 properties are in Escrow of which 102 are below $700,000.00. Wow! Nine are between $700K and $1M. Another 14 properties are listed with over $1,000,000.00.

Maui Rocks! Escrows have virtually increased by 50% since much earlier this year. Between May and July of 2009, 158 Escrows have been opened. During the same period of last year, that number came up to 152. (Hmm, maybe I should take some more time off now and visit the family in Germany.) Calculating last year’s new sales for Hoolei At Wailea and Kai Makani Beach Villas, we are on track with the recorded closings for 2009. Now that is great news!

Today’s Maui Photo is an insight view of the Pipiwai Trail hike at the Oheo Gulch, better known as the Seven Sacred Pools in East Maui. This has been voted my family’s “Best Day on Maui” on their trip. Living all over the world, I have done many hikes, but this trail is an unforgettable experience that one should do at least once in life.