$8,728 Closing Credit*
$735,000
851 SqFt
3 Beds
•1 Bath
Ken K Wong RS-58204, Alan Craig, Listing Office: Coldwell Banker Island Prop-Ku
Is South Maui, 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, South Maui was a Neutral Market.
Key Takeaway
South Maui is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Maui, HI
How much do homes in South Maui, HI cost?
Median Sold Price
$1,300,000
$1,127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$286,500(+28.3%)
Key Takeaway
Homes in South Maui have sold for 28.3% more than they did a year ago.
Summary: The median home sold price in South Maui was $1,300,000 in October 2024, up 28.3% from last year, and the median price per square foot was $1,127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $800K | $771.5K | -3.6% |
| 2 Bedrooms | $915K | $1.2M | +32.9% |
| 3 Bedrooms | $1.2M | $2.0M | +61.5% |
| 4 Bedrooms | $2.5M | $2.7M | +4.9% |
| 5+ Bedrooms | $1.6M | $1.7M | +3.0% |
Summary: South Maui housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 61.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 3%.
Housing Supply in South Maui, HI
How many homes are available in South Maui, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 384 | 435 | +13.3% |
Summary: The South Maui real estate market had 435 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 88 | 99 | +12.5% |
| 2 Bedrooms | 172 | 194 | +12.8% |
| 3 Bedrooms | 85 | 96 | +12.9% |
| 4 Bedrooms | 26 | 29 | +11.5% |
| 5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The South Maui housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 44 | +83.3% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Maui, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in South Maui in October 2024, up by 83.3% month-over-month. Of the 44 sold homes, 77% were sold under asking, 18% were sold at asking, and 5% were sold over asking.
Days on Market for South Maui, HI
We’re sorry, we don't have information for this market at the moment
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