West Maui February 2023 Statistics - Sakamoto Properties

West Maui February 2023 Statistics

Home » Maui Real Estate Market » West Maui February 2023 Statistics
March 10, 2023

Residential February sales in West Maui:

Sales dropped to 3 homes sold (January had 11 sales). The Two-year monthly average is 14.5 sales.

The Residential median price increased to $1,900,000 (January was $1,800,000).

The Median Days on Market to sell a home was 99 days (up from January’s 74 DOM).

February’s Condominium sales in West Maui:

Condominium sales decreased to 22 units sold (28 units sold in January). Higher interest rates have decreased sales numbers in recent months.  The Two-year monthly average is 61.5 sales.

The Condominium median price jumped to $1,175,000 (January was $605,000).

Median Days on Market for a condo to sell was 85 days (up from January’s 57 DOM).

West Maui Total (653) sales for immediate past 12 months:

Residential = 134 (with 3.7% being foreclosure-REO or Short Sale), Condo = 519 (1.54% REO or SS).

In the last 12 months, on Maui’s West Side:

  • 35% of Residential Sales were cash,
  • 44.9% of Condo Sales were cash.

To see the full report, check out our Hawaii Luxury Real Estate Market Trends



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