Condo Sales Surge While Single Family Home Sales Cool in July

The newly released July 2026 data from the REALTORS® Association of Maui (RAM) is officially out, and it reveals two distinct paths for the Maui County real estate market.

While the condominium segment experienced a dramatic surge in closed transactions, single-family home activity saw a slight cooling in overall volume and median prices compared to last summer.

As RAM President Georgie Tamayose noted, buyer activity remained steady throughout July—particularly for condos—while conditions in the single-family segment were more modest. Here is a closer look at what the latest numbers mean for buyers and sellers across Maui.

Condominiums: Sales Volume Soars 54.7%

The condo market continued its strong momentum into mid-summer, driven by increased buyer interest and a stable pricing environment.

• Closed Sales: In a major leap forward, closed condo sales jumped 54.7% year-over-year, with 82 units closing in July compared to 53 in July 2025. Total dollar volume for condos reached $83 million, a massive 72% increase compared to the previous year.
• Median Sales Price: The median condo price remained remarkably stable, ticking up slightly by 2.2% to $690,000.
• Days on Market: Condos took a bit longer to complete transactions, averaging 153 days on the market, a minor 5.5% increase from last year.

The Takeaway: Buyers are actively stepping up to capitalize on the expanded selection of condominiums on the market. With median prices remaining steady around $690,000, buyers are finding opportunities to lock in properties, while sellers of well-priced units are seeing strong closing activity.

Single-Family Homes: Prices & Volume Ease

In contrast to the condo market's rapid pace, the single-family home market shifted into a more modest gear in July, experiencing a drop in overall sales volume and median price adjustments.

• Closed Sales: A total of 55 single-family homes were sold in July, representing an 8.3% decrease from the 60 sales recorded in July 2025. Total sales volume settled at $87.4 million, down 11.8%.
• Median Sales Price: The median price for a standalone home on Maui adjusted down 12.5% year-over-year to $1,150,000.
• Days on Market: Interestingly, homes that did sell moved faster than they did last year. The median time on market fell 20.1% to 135 days.

The Takeaway: The single-family home segment is experiencing a healthy recalibration. While prices adjusted downward from peak levels, homes that are priced correctly in high-demand neighborhoods are still moving off the market faster than they were a year ago.

Understanding the Island-Wide Picture

Market trends on Maui are rarely uniform. Conditions can vary significantly depending on whether you are looking in Central Maui, the West Side, or South Maui's resort communities.

Property Segment	Closed Sales (YoY)	Median Sales Price	Days on Market
Condominiums	+54.7% (82 units)	$690,000 (+2.2%)	153 days (+5.5%)
Single-Family Homes	-8.3% (55 units)	$1,150,000 (-12.5%)	135 days (-20.1%)

Your Maui Real Estate Partners

Whether you are looking to take advantage of the active condo market or navigating price recalibrations in single-family neighborhoods, having accurate, hyper-local data is essential.

If you are planning to buy or sell this season or simply want a personalized update on your home's current market value, reach out anytime. The Smith Team is right here to provide the clear market analysis, honest advice, and dedicated care you need to achieve your real estate goals.

Tags