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Maui Real Estate Update

Single-Family Sales Dip as Condo Market Gains Momentum

The April 2026 real estate data for Maui is in, and it reveals a market that is increasingly bifurcated. While the single-family home sector saw a significant cooldown in volume, the condominium market continues to show resilience, posting gains in sales activity even as pricing across the board begins to adjust.

According to the latest report from the REALTORS® Association of Maui (RAM), the shift in activity highlights a "thoughtful" buyer pool that is carefully weighing inventory and interest rates before making a move.

Single-Family Homes: A Steep Decline in Volume

The most striking figure from April is the 30.1% drop in single-family home sales compared to the same time last year. Only 51 homes were sold across the island, a sharp contrast to the 73 sales recorded in April 2025.

By the Numbers:

  • Median Sales Price: $1,250,000 (up 4.2% from $1,200,000 in April 2025).
  • Days on Market: 114 days (a 14% increase).
  • Inventory: The number of active listings has increased to 349, providing more options for those currently in the market.

While the number of sales fell, the median price actually saw a modest increase. This suggests that while fewer people are buying, the homes that are selling are still fetching premium prices, particularly in high-demand neighborhoods.

Condominiums: Stability and Growth

In contrast to the single-family sector, the condominium market saw a 4.5% increase in sales activity, with 93 units sold in April. This segment remains a popular entry point for both residents and second-home seekers looking for a "turnkey" lifestyle.

By the Numbers:

  • Median Sales Price: $850,000 (a 6.1% decrease from $905,000 in April 2025).
  • Days on Market: 142 days.
  • Inventory: Condo inventory is up significantly, with 631 units currently available—a 64.8% increase over last year.

The combination of lower median prices and higher inventory in the condo market is creating a unique window of opportunity for buyers who were previously priced out of the resort districts.

Understanding the "Thoughtful" Buyer

RAM President Georgie Tamayose noted that the current environment is defined by deliberation. "April's data reflects a market where buyers are taking their time," she said. "With more inventory available, there isn't the same rush we saw in previous years. Buyers are conducting thorough due diligence and looking for properties that truly fit their long-term needs."

The increase in Days on Market across both sectors confirms this trend. Homes are sitting slightly longer as buyers navigate the balance between slightly higher interest rates and a more favorable selection of properties.

Your Maui Real Estate Partners

The Maui market is constantly evolving, and having the right data is key to making a smart move. Whether you are looking for a secluded single-family retreat or a high-performing investment condo, we are here to help you navigate the nuances of the 2026 landscape.

If you are planning on buying or selling your home this year, don't hesitate to contact us. The Smith Team is here to guide you in your real estate journey.


A snapshot of Maui County real estate statistics in April. PC: Realtors Association of Maui

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About The Smith Team

Ken Smith, a Maui resident for 45 years, brings his extensive local knowledge and passion for the island to his successful real estate career. Alongside his daughter-in-law, Melissa Smith, and Greg Smith, the Smith Team provides a wealth of experience and dedication to clients seeking to buy or sell property in Maui.

Melissa Smith, a third-generation Maui native, combines her deep understanding of the island's growth with a commitment to exceptional service. She empowers clients with knowledge to make informed decisions in finding their dream homes. With a background as a top agent and a Broker's license, Melissa's expertise is invaluable.

Gregory P. Smith, a lifelong Maui surfer, channels his passion for the island and its natural beauty into his real estate profession. His enthusiasm, deep market knowledge, and dedication to exceeding client expectations make him an exceptional agent.

The Smith Team's combined local expertise, commitment to client service, and understanding of the unique Maui real estate market make them an ideal choice for those looking to navigate the island's property landscape. Their proven track record ensures a smooth and successful experience for both buyers and sellers.