Is East Maui, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Maui was a Neutral Market.
Key Takeaway
East Maui is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Maui, HI
How much do homes in East Maui, HI cost?
Median Sold Price
$1,150,000
$701/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Maui have sold for 41% less than they did a year ago.
Summary: The median home sold price in East Maui was $1,150,000 in May 2024, down 41% from last year, and the median price per square foot was $701.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.7M | $1.0M | -39.1% |
| 2 Bedrooms | $2.6M | $1.6M | -38.9% |
| 3 Bedrooms | $1.8M | $1.2M | -29.9% |
| 4 Bedrooms | $2.8M | $875K | -69.7% |
| 5+ Bedrooms | $1.4M | - | N/A |
Summary: East Maui housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.1%, 2 bedroom homes decreased by 38.9%, 3 bedroom homes decreased by 29.9%, 4 bedroom homes decreased by 69.7%, and 5+ bedroom homes did not change.
Housing Supply in East Maui, HI
How many homes are available in East Maui, HI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The East Maui real estate market had 32 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Maui housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Maui, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in East Maui in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for East Maui, HI
We’re sorry, we don't have information for this market at the moment
