Many people thought that the real estate prices would drop due to COVID. That's just not true. In most cases, sought after properties are under contract within hours or a few days. I've met several owners who are working from home and from Silicon Valley. They sold their properties in the Bay Area and came to Maui and still have money to spare. Our little island out in the middle of the Pacific Ocean is becoming a haven since our COVID numbers are so low compared to the mainland. In the past few weeks, the beaches have been packed and many of the shopping centers, restaurants and surf schools have so many people. Some are wearing masks, some aren't.
So, what's up with the number 19? 19 is the number of sales South Maui had in the past week for properties that were listed for $1,000,000 or higher. Everything from your "normal" home to a super luxury estate in Makena. Maybe I should define luxury as $1,500,000 or more since prices are up considerably. If you want to check out the properties, click the following link: South Maui Luxury Sales.
Should you have questions about any of these properties or a specific neighborhood or condo complex, shoot me an email or give me a call.
Ken K.K. Wong REALTOR(S)
Coldwell Banker Island Properties