It's been described as a tropical paradise -- with a climate to please every visitor. The price to live in such a utopia -- $970,349.
Maui condo prices come in a little cheaper -- at least by the island standards -- at $765,035. This price is a 3 percent drop from last year.
While some reports indicate a drop by as much as 20 percent in sales this year thus far -- local experts note that it is condo sales that have suffered the largest decline. "Residential unit sales are up 25 percent from the same time period last year, " notes local expert Tom Delmore.
The good news for sellers is that such a tourist and vacation hotspot should continue to have demand for home and condos in the future.
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Published: August 6, 2007
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