$10,000 Closing Credit*
$1,340,000
1,320 SqFt
3 Beds
•2 Baths
Cory McKim RS-84557, Susana McIntosh, Listing Office: Hawaii Life (W)
Is Maui County, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Maui County was a Neutral Market.
Key Takeaway
Maui County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Maui County, HI
How much do homes in Maui County, HI cost?
Median Sold Price
$1,131,214
$892/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$178,752(+18.8%)
Key Takeaway
Homes in Maui County have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Maui County was $1,131,214 in October 2024, up 18.8% from last year, and the median price per square foot was $892.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $740.6K | $725K | -2.1% |
| 2 Bedrooms | $852.7K | $946.2K | +11.0% |
| 3 Bedrooms | $1.0M | $1.2M | +20.0% |
| 4 Bedrooms | $1.4M | $1.6M | +20.3% |
| 5+ Bedrooms | $1.5M | $1.5M | +2.0% |
Summary: Maui County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 2%.
Housing Supply in Maui County, HI
How many homes are available in Maui County, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,190 | 1,296 | +8.9% |
Summary: The Maui County real estate market had 1,296 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 307 | 333 | +8.5% |
| 2 Bedrooms | 382 | 424 | +11.0% |
| 3 Bedrooms | 326 | 349 | +7.1% |
| 4 Bedrooms | 115 | 123 | +7.0% |
| 5+ Bedrooms | 60 | 67 | +11.7% |
Summary: The Maui County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 110 | +22.2% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maui County, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 110 homes were sold or pending in Maui County in October 2024, up by 22.2% month-over-month. Of the 110 sold homes, 68% were sold under asking, 21% were sold at asking, and 11% were sold over asking.
Days on Market for Maui County, HI
How long does it take to sell a home in Maui County, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 95 Days | +209.8% |
Summary: Homes in Maui County had an average of 95 days on market in Oct 2024, up by 209.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Maui County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 110 homes were sold in Maui County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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