Maui Market Report for March 2023
05 Apr 2023 by Angela Olmedo-Williams

Maui’s overall real estate market showed some life as total sales for single-family homes, condos, and vacant land jumped to 206 total transactions, up significantly from the recent lows of 125 total transactions last month. Despite increased sales activity, days on market continue to tick upward with properties selling in 109 days for single-family homes and 75 days for condos. The recent uptick in sales activity is likely in part to mortgage interest rates dropping from 7% to just above 6% in January. With mortgage rate volatility expected to continue throughout the year, it is important to remember that monthly stats are a delayed indicator of past market conditions.

SINGLE-FAMILY HOME TRANSACTIONS
MARCH 2023 VS. PERCENT CHANGE OVER LAST YEAR

Angela Olmedo-Williams

Angela, a Hawaii Realtor with Coldwell Banker Island Properties on Maui, hails from a legacy of tennis excellence as the daughter of the late great tennis legend Alex "The Chief" Olmedo. Her exceptional focus, work ethic and meticulous attention to detail are a testament to her educational background combined with a competitor’s commitment to succeed. An adept negotiator, Angela navigates the intricacies of real estate contracts to help her buyers and sellers achieve their goals. She is a member of the Institute for Luxury Home Marketing, a Certified Real Estate Negotiator, and partnering with the prestige of the Coldwell Banker brand, Angela has state-of-the-art technology, marketing strategies and one of real estate’s most robust global networks in her arsenal to assist her clients.


Mahalo for stopping by! I sincerely look forward to helping you with all your real estate needs.

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Angie
(808) 419-1982