Is Central Maui, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Central Maui has remained a Seller's Market.
Key Takeaway
Central Maui is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Maui, HI
How much do homes in Central Maui, HI cost?
Median Sold Price
$935,814
$689/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Central Maui have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Central Maui was $935,814 in April 2024, up 7.5% from last year, and the median price per square foot was $689.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $451K | +12.8% |
| 2 Bedrooms | $495K | $574K | +16.0% |
| 3 Bedrooms | $905K | $1.0M | +16.0% |
| 4 Bedrooms | $1.0M | $1.1M | +6.1% |
| 5+ Bedrooms | $1.1M | $1.3M | +15.0% |
Summary: Central Maui housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 15%.
Housing Supply in Central Maui, HI
How many homes are available in Central Maui, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 137 | 138 | +0.7% |
Summary: The Central Maui real estate market had 138 homes for sale in April 2024, a 0.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 15 | +7.1% |
| 2 Bedrooms | 39 | 47 | +20.5% |
| 3 Bedrooms | 58 | 53 | -8.6% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Central Maui housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 20.5%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 27 | -18.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Maui, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Central Maui in April 2024, down by 18.2% month-over-month. Of the 27 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for Central Maui, HI
We’re sorry, we don't have information for this market at the moment
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