Although prices have not started rising yet; we have seen a large increase in the number of sales here on Maui which parallels what is happening across the country. Read more.
This is also apparent by looking at the number of Active Listings. This week, there are 886 active listings of homes for sale on Maui. In March of this year, there were 1061 Active Listings, a drop of 17% in less than a year.
In addition, the number of Pending Sales has almost doubled. All in all, this is harbinger of good times ahead, in our opinion. We expect 2010 to continue this positive trend.
Our featured property this week, Hale O’ Ola, is one of the finest homes on Maui, and in one of the best locations. Check out their website, which has lots of great information including a link to some of the scenes that were shot for the reality TV show, America’s Next Top Model. It should be obvious why they selected this home as a backdrop for many of their scenes as well as to house the models while they were shooting on Maui.
Have a wonderful week.
Mahalo Nui Loa,
The Smith Team
P.S. Please ask us about Auto-Notification, so that you never miss out on the opportunity to purchase the property of your dreams.