Maui Real Estate Market Overview and Buyer Statistics: Quarter 1 | 2018
Many Buyers and Sellers want to know where buyers of Maui County real estate call home (in this case, their legal residence). There is often a misperception that the majority of our foreign buyers come from Asia. While this might be true for Oahu's market (particularly Honolulu), it hasn't been the case for Maui County, which includes the islands of Molokai and Lanai. Each year, Title Guaranty, one of Hawaii's most reputable Title and Escrow Companies, provides us with Buyer statistics.
MAUI BUYER STATISTICS: TOP FOREIGN AND US BUYERS
So far in 2018, we see a similar pattern of where Buyers of Maui real estate originate, both from abroad and the mainland US.
Canada continues to be the primary foreign feeder market, though changes in their economy have been felt here on island. Year to date, Japan, Australia, and China
MAUI REAL ESTATE BY AREA
When looking at our mainland market, the largest mainland feeder markets are California and Washington. This particularly holds true in the resort markets in West Maui (Kapalua, Kaanapali) and South Maui (Makena, Wailea, Kihei).
Please feel free to contact me any time with questions or for more detailed information on a market that interests you.
Courtney M. Brown, R(S)
Island Sotheby's International Realty