Maui Market Report for July 2024
The Maui real estate market continued to be sluggish in July as total sales and median prices dropped while days on market and properties listed for sale increased. This combination continues to favor buyers; however, properties that are priced appropriately and present well continue to sell quickly and for above list price. With the Federal Reserve signaling a rate decrease, it will be important to monitor how the market reacts to lower mortgage interest rates