kcerizo@mauinews.com
A real estate sign is posted on a Wailuku Heights property in 2018. Single-family homes on Maui are seeing a buying surge in November. Low inventory and historically low mortgage rates may have contributed to the fast sales. The Maui News / MATTHEW THAYER photo
High-priced Maui single-family homes were snapped up faster in November than in any month over the past two years, according to a report by Realtors Association of Maui.
Published Dec. 8, the report said strong buyer demand is likely to continue.
Days on the market until sale — the average number of days between when a property is listed and when it closed in a given month — was just under two months in November at 111 days. The last time single-family homes sold that quickly was in October of 2018.