Tag Archives: housing

First Quarter Stats

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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.

September Market Statistics

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All Hawaiian islands have seen significant real estate market movements. From Maui’s luxury residences to Kauai’s stunning scenery, the market is showing a complex mix of growth, losses, and big price revisions. This year’s performance by region:

Maui Market Statistics:

Single-Family Homes:
Total Sales: 580 properties, up 0.5% from previous year.
Median Sale Price: $1,300,000, up 8.7%.
Sales rose 1.4% to $1,042,117,942.
Condominiums:
Total sales fell 10.1% to 679 units.
Median Sale Price: $900,000, up 9.1%.
Sales volume rose 16.1% to $1,018,536,964.
Vacant Land:
Total sales: 144 items, 14.3% higher.
An astounding 33.4% increase in median sale price: $902,501.
Total Sales: $283,084,001, up 72.3%.

Oahu Market Data:

Single-family homes:
Sales rose 1.9% to 2,210 properties.
Median Sale Price: $1,100,000, up 6.8%.
Sales rose 5.5% to $2,991,846,111.
Condominiums:
Sales fell 5.7% to 3,466 units.
The median sale price rose 1% to $510,000.
Total Sales: $2,100,169,518, down 7%.
Vacant Land:
Total sales: 53 parcels, down 23.2%.
The median sale price rose 4.7% to $890,000.
Total sales fell 35.3% to $76,100,999.

Big Island Market Statistics:

Single-Family Homes:
The number of residences sold rose 1.3% to 1,509.
Median Sale Price: $549,150, up 9.8%.
Sales rose 28.3% to $1,576,940,292.
Condominiums:
Total sales fell 10.9% to 442 units.
Median Sale Price: $680,000, up 14.5%.
Sales volume rose 10.4% to $523,486,621.
Vacant Land:
Total sales: 1,373 lots, down 9.9%.
Median Sale Price: $46,000, up 12.2%.
Sales volume fell 4.3% to $244,118,554.

Kauai Market Statistics:

Single-Family Homes:
There were 284 home sales, a 37.9% increase.
Median Sale Price: $1,400,000, up 21.7%.
Sales volume rose 78.3% to $605,555,821.
Condominiums:
Total sales fell 7.2% to 219 units.
The median sale price rose 8.4% to $769,000
Total sales fell 2.4% to $209,756,653.
Vacant Land:
Total sales: 83 parcels, up 1.2%.
Median Sale Price: $774,500, down 12.7%.
Sales volume rose 5.2% to $101,759,305.

Single-family home and land sales have increased on Maui and the Big Island, but Oahu and Kauai have had mixed results. Condo sales have slowed on the islands, but prices are rising due to island living demand. Maui’s unoccupied land sales volume rose 72.3%, driving up prices.

Thank you to Title Guaranty Hawaii for providing the information. Stay tuned for market insights and updates!

Info from Howard Dicus Hawaii News Now 

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Maui County Council approved an intergovernmental agreement for the state to purchase the 6.2-acre Haggai Institute, intending to convert the former Maui Sun Hotel into affordable housing. Initial occupants will include wildfire survivors and emergency responders, with long-term plans for affordable workforce housing, with 25% allocated for teachers. The agreement outlines collaboration between Maui County and HHFDC for development. The acquisition, funded by a $45 million legislative appropriation, preceded the August 8 wildfires.

Funds For Rebuilding

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From Howard Dicus NBC report this early morning:

$35M receiving from the Federal Government for Maui rebuilding housing for Lahaina.

Tourist visiting Hawaii Islands averaging 30,000.  For Maui down 29%.

New ABC Island Country Store opening next Monday servicing specialty items located at 1860 Ala Moana Blvd, Honolulu, Hawaii where the former Wailana Coffee Shop used to be.

Howard Dicus This Morning

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In listening this morning to Howard Dicus on Hawaii News Now he mentioned:

Mahalo to Daikin, the largest air conditioning company and Revolusun Solar for assisting Ohana Hope Village with the building of emergency housing for Lahaina Fire Victims on Maui.

On Kauai, their County Council approved Kapaa’s 36 Home Subdivision built in 1966 to be reconstructed into 124 Affordable housing units