WAILUKU, Hawaii (AP) - The Realtors Association of Maui says prices are rising in the county but sales numbers are lagging.
According to figures from the association, residential sales decreased 7 percent to 454 homes sold from January to June, compared to the same period last year. Condo sales fell 3 percent to 656 units sold.
The median price for a Maui home increased 7 percent to $575,000 and the condo median price was up 13 percent to $422,750.
Association Chief Staff Executive Terry Tolman tells the Maui News the half-year totals signal a normal market.
The Central Maui region had the highest number of single-family home sales for the period with 133. Kihei has the highest total dollar volume at $70.3 million.
Tolman says bank-owned and short sales increased last month.