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Median prices for homes sold on Maui last month were moderately higher amid almost flat or lower sales volumes, a report from the Realtors Association of Maui shows.
Single-family homes on the Valley Isle sold for a median $750,000 in June, up 3% from $725,000 in the same month last year. There were 87 single-family homes sold last month, which was just two more than a year earlier.
In Maui’s condominium market, the median price rose 7% to $552,000 last month from $515,000 a year earlier. The number of condo sales dropped 19% to 122 from 151 in the same period.
The median price is a point at which half the sales were at a higher price and half at a lower price.
ON THE MOVE
First Insurance Co. of Hawaii has announced that Christina Griffin is its new manager of FiRMS Claims Services. She has 18 years’ experience in the insurance industry, including working in various positions at State Farm Insurance and Progressive Casualty. Prior to joining FICOH, Griffin served as claims manager at John Mullen & Co.