Real estate data for Maui County for the first half year of this year "is really about the same" as the same period last year, according to a Realtors Association of Maui official.
Single-family residential unit sales were 440 units for January to June, down 1 percent from the same period last year. The total volume of $312,707,443 was down 4 percent, but the median sales price was up 1 percent to $450,000 from the same period last year.
Condominium sales were up 3 percent to 665 units for the half year, as was the median sales price, up 8 percent, at $350,000. Total dollar volume was down 7 percent for the period to $315,584,003.
"It's really about the same," said Bob Lightbourn, president of RAM and broker in charge of the Paia office of Coldwell Banker Island Properties.
"It's slowly improving," he said. "Prices will stay where they are for a little while. . . . Indications are that things are just moving along in the standard life of a cycle."
The real estate market remains in the trough of the 2008 downturn in the economy, but "we are done with the bottom," he said. Lightbourn doesn't see foreclosed properties and short sales by banks as having a significant downward impact on prices anymore.
For more on this story, see Tuesday's Maui News.
