First Quarter Stats

Maui’s housing market started 2026 with more sales, steady prices for homes, and softer prices for condos.

Market at a glance

Total closings across homes, condos, and land rose about 9% year-over-year, even as overall dollar volume slipped roughly 11% to about $516 million. Single-family home sales climbed 13% to 176, condos rose 10% to 183, and the median home price held near $1,300,000 while the condo median eased to about $699,000. Median days on market hovered around four months for both segments, showing that well-priced listings are still moving.

Where buyers are shopping

South Maui led the island with 37% of all sales, followed by West Maui at 24% and Central Maui at 18%. South recorded 142 total sales, West 92, and Central 70 for the quarter, with most regions posting modest gains in activity compared with 2025. South Maui also drove much of the growth in single-family transactions, with home sales there jumping from 28 to 46.

Homes vs. condos

For single-family homes, more sales but slightly lower total volume suggest buyers are active but spreading dollars over a broader price range. In West Maui, Lahaina’s home sales more than doubled even as medians pulled back, while Kaanapali and Napili/Kahana/Honokowai saw fewer sales and lower prices, creating selective opportunities. In the condo market, higher unit volume but a 12% drop in the median price points to more attainable options, especially outside the very top luxury tier.

Inventory and negotiation

Inventory has improved from the tightest years and now sits in the mid-single-digit months of supply for homes and low double digits for condos, giving buyers more choice than in 2021–2022. Roughly 36% of home deals and 18% of condo sales were cash, and about 30% of homes and 18% of condos still closed at or over list price, so accurately priced listings retain solid leverage.

Luxury snapshot

At the high end, the top home sale was 461 Laulea Place at $7,950,000, with several other single-family closings between roughly $5 million and $6.6 million. The highest condo sale was Makena Surf A103 at $9,000,000, alongside notable Wailea and Honua Kai sales in the $3.5 million to $6 million range. Luxury demand remains strong, while most of the softening is occurring in the mid-market and select sub-areas.

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