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Maui real estate market a mixed bag in July

Single-home sales on Maui were up in July while condominium sales continued to decrease, according to the Realtors Association of Maui.

Single-family home sales rose by 5.3% compared to July 2024, with the median sales price increasing 9.6% to $1,315,000. In contrast, condominium sales fell 20.9% with the median price dropping 15.5% to $675,000.

According to the association, the number of new listings for single-family homes increased by 5.4%, while new condo listings decreased by 14.6%. Homes and condos both saw a median of 159 days on market, indicating a slower pace of sales.

“We’re continuing to see Maui’s housing market adjust in real time — single-family prices remain strong, while condo sales are cooling,” association president Lynette Pendergast said.

She added that for buyers and sellers, it’s a reminder that timing, pricing, and property type all play an important role in the market.

Pendergast said anyone wanting more information can go to www.ramaui.com/ to see what’s happening in the Maui County housing market.

The full report is available at media.salecore.com/GetFile.ashx?p=ded-oLgdGjyd.

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