Overall, Maul’s real estate market continues to hold steady heading into the summer months.
While total sales activity (174) is still slightly below historical averages (184), the market has
shown continuous increases in activity since the fourth quarter of last year. Collectively,
properties are selling on average in 77 days, indicating a market that slightly favors sellers.

SINGLE-FAMILY HOME TRANSACTIONS
APRIL 2024 VS. PERCENT CHANGE OVER LAST YEAR
While sellers remain in control, pricing has never been more important as buyers flex their negotiating powers, as indicated by 46% of single-family homes selling below list price in April. However, don’t get caught up looking for a bargain as 20% of properties closed above their list price at a pace of 20 days faster. Looking for a property under $1 million? Check out Wailuku and parts of Upcountry.

CONDOMINIUM TRANSACTIONS
APRIL 2024 VS. PERCENT CHANGE OVER LAST YEAR
Condo median sales prices remain elevated, in part due to the recordings of Lai Loa and Makena Beach Club. Without these properties, the median sales price for Maui condos in April was $880,000 with 75 days on the market – in line with recent market trends. Across the island, sales activity is on the rise for condos, outpacing previous seasonal trends.

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