West Maui January 2023 Statistics - Sakamoto Properties

West Maui January 2023 Statistics

Home » Maui Real Estate Market » West Maui January 2023 Statistics
February 15, 2023

Residential January sales in West Maui:

Sales increased to 10 homes sold (December had 7 sales). The Two-year monthly average is 15 sales.

The Residential median price increased to $1,800,000 (December was $1,285,000).

The Median Days on Market to sell a home was 74 days (up from December’s 56 DOM).

January’s Condominium sales in West Maui:

Condominium sales increased to 28 units sold (19 units sold in December). Higher interest rates have decreased sales numbers in recent months.  The Two-year monthly average is 64 sales.

The Condominium median price dropped to $605,000 (December was $1,150,000).

Median Days on Market for a condo to sell was 57 days (down from December’s 60 DOM).

West Maui Total (702) sales for immediate past 12 months:

Residential = 134 (with 3.7% being foreclosure-REO or Short Sale), Condo = 568 (0.14% REO or SS).

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

  • 33.6% of Residential Sales were cash,
  • 44.4% of Condo Sales were cash.

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



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