When is the best time to buy a house in Hawaii? When is the perfect time to sell my condo on Maui? How will the Maui real estate market trends impact property buyers, sellers and investors here in Hawaii?
The real estate industry in Maui County is constantly changing, which is why sellers, investors and home buyers alike should always be aware of the current real estate market trends in our island paradise.
The real estate market can be full of ups, downs and all-arounds. Shortage of inventory can tend to spark a buying frenzy. High demand for property paired with low interest rates can be the perfect storm, creating an onslaught of activity in the housing market. At the same time, when you have a low number of homes and condos available for sale, the price of the property can sky rocket - also driving up the overall median home price. Conversely, an influx of new homes or condos for sale in a given area offers more buying options and can bring real estate prices down.
While paying attention to past and present real estate market trends is important, it can also be very confusing. Our expert team of Maui Realtors is here to aid in gauging the current landscape, as well as help in making well educated conclusions on the future of the property market. There is nothing like having an experienced Realtor here on Maui to make sense of it all for you, plus we have the inside track on upcoming property developments. Let us assist in determining which time of the year’s market will be most beneficial to you - the buyer, the seller or both.