Sun Jan 29 2023
This week the median list price for Kihei, HI is $2,200,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 49.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$2,200,000|
|Median Price of New Listings||$1,299,000|
|Per Square Foot||$935|
|Average Days on Market||122|
|Median Days on Market||84|
|Slight Buyer's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$10,496,000||4,449||0.5 - 1 acre||4||4.5||19||1||0||105|
|$3,287,500||3,120||0.5 - 1 acre||4||3||33||2||0||136|
|$1,747,500||2,147||6,500 - 8,000 sqft||3||2.5||29||0||0||66|
|$950,000||1,364||6,500 - 8,000 sqft||3||2||33||4||3||42|