Is Maui County, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Maui County was a Seller's Market.
Key Takeaway
Maui County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Maui County, HI
How much do homes in Maui County, HI cost?
Median Sold Price
$998,200
$873/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Maui County have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Maui County was $998,200 in March 2024, up 6.8% from last year, and the median price per square foot was $873.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $720K | $759K | +5.4% |
| 2 Bedrooms | $839.7K | $858.6K | +2.3% |
| 3 Bedrooms | $999.9K | $1.1M | +17.1% |
| 4 Bedrooms | $1.3M | $1.7M | +23.2% |
| 5+ Bedrooms | $1.4M | $1.6M | +13.8% |
Summary: Maui County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in Maui County, HI
How many homes are available in Maui County, HI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,017 | 1,088 | +7.0% |
Summary: The Maui County real estate market had 1,088 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 262 | 279 | +6.5% |
| 2 Bedrooms | 306 | 340 | +11.1% |
| 3 Bedrooms | 283 | 292 | +3.2% |
| 4 Bedrooms | 105 | 113 | +7.6% |
| 5+ Bedrooms | 61 | 64 | +4.9% |
Summary: The Maui County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 122 | 160 | +31.1% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maui County, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 160 homes were sold or pending in Maui County in March 2024, up by 31.1% month-over-month. Of the 160 sold homes, 52% were sold under asking, 30% were sold at asking, and 18% were sold over asking.
Days on Market for Maui County, HI
We’re sorry, we don't have information for this market at the moment
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