You heard it here. Better buy one before they are all spoken for.
What I held with strong conviction 87 days ago, I still adamantly believe to this day. That luxury real estate on Maui, especially the high end oceanfront & large parcel residential sector will be more in-demand post pandemic, than pre pandemic 2020.
Once urban based island lovers have more time to consider the freedoms of the new norm – virtual, independent, tech based work & schooling from home without cross town commutes or endless hours logged in the office or classroom. Many will trade the densely populated cities & congestive atmosphere they know as urban life for the adventurous, soul enriching, laid back qualities of island life.
As substantiated by the numbers below, there is a case that since 5/1, the lux real estate market may be making its way back to the old norm.
West Maui Luxury Real Estate Sales Activity
New Contracts $3M+
