July started off with a whimper. July 4th was not the usual fun times filled with fireworks and bbq's. COVID for the most part kept Mauians in check. Two weeks later, Hawaii started having more positive cases which in turn caused the governor to delay opening up the islands to mainland travelers who tests negative for COVID. The excitement of having Maui's lifeblood (visitors) return has been muted.
That continued delay for mainland travelers have not dampened buyers and sellers in South Maui's real estate market. Currently, there are 20 properties that were listed and put under contract in the last 31 days. Prices range from $289,000 to $2,700,000 and are a mixture of homes, residential condominiums and vacation rentable condominiums. While everyday Maui life will never be the same as pre-pandemic, it is still Maui. And people want to be on Maui. Properties that are in ideal locations or are priced at "COVID" pricing are what buyers want. Historically real estate slows down during presidential election years. It will be interesting to see how much it will slow in the coming months.
As always, should you have questions about a specific condo complex or neighborhood, please don't hesitate to get in touch with me.
Be safe, be kind, be happy.
Ken K.K. Wong REALTOR(S) 58204
Coldwell Banker Island Properties