Maui Market Report for November 2022
Combined property sales across Maui County continued to decline with only 145 transactions in
all of November. Even with slowing sales, the general lack of new inventory has helped to
maintain a sellers’ market as only 2.4 months of supply are available; 3-6 months is considered a
balanced market while 6 months or more is a buyer’s market. Even as mortgage interest rates
declined for the third straight week, property prices have increased 10% year-over-year putting
more pressure on affordability. Call, email or text me for more information on your favorite island spot!
