Is Maalaea, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maalaea is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Maalaea has remained a Buyer's Market.

Key Takeaway

Maalaea is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Maalaea, HI

How much do homes in Maalaea, HI cost?

Median Sold Price

$840,000

$992/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$340,000(+68.0%)

Key Takeaway

Homes in Maalaea have sold for 68% more than they did a month ago.

Summary: The median home sold price in Maalaea was $840,000 in November 2024, up 68% from last month, and the median price per square foot was $992.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $500K$730K
+46.0%
2 -$950K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Maalaea housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 46%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Maalaea, HI

How many homes are available in Maalaea, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2729+7.4%

Summary: The Maalaea real estate market had 29 homes for sale in November 2024, a 7.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1312
-7.7%
2 1316
+23.1%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Maalaea housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 23.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maalaea, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Maalaea in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Maalaea, HI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Maalaea, HI

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