Maui's October 2026 numbers continue the pattern we have seen for much of the year: condominium closings are running well ahead of 2025, while prices for both homes and condos remain below last year's levels. Listings are also taking longer to sell. This report summarizes the October 2026 Monthly Indicators from the REALTORS Association of Maui (RAM) and what they mean for buyers and sellers.
Key Takeaways
- Condo sales rose again. 68 condominiums closed in October, up 11.5% from 61 a year ago. Year to date, 688 condos have closed, up 20.1%.
- Single-family closings dipped. 59 homes closed, down 7.8% from 64 last October. Year to date, home closings are up 0.8% at 596.
- Prices remain below 2025. The single-family median was $1,179,000, down 5.3% from $1,245,000. The condo median was $634,500, down 0.5% from $637,500.
- Listings are taking longer to sell. Days on market rose to 148 for homes (+7.2%) and 216 for condos (+18.0%).
- Fewer new home listings. New single-family listings fell 22.9% from a year ago, while new condo listings were up 0.7%.
- Condo pending sales fell 25.7% from last October, a number worth watching heading into the winter months.
Single-Family Homes
| Single-Family | Oct 2025 | Oct 2026 | Change | YTD 2026 | YTD Change |
|---|---|---|---|---|---|
| Closed Sales | 64 | 59 | -7.8% | 596 | +0.8% |
| Median Sales Price | $1,245,000 | $1,179,000 | -5.3% | $1,211,500 | -6.8% |
| Average Sales Price | $1,525,786 | $1,876,271 | +23.0% | $1,638,072 | -9.7% |
| Days on Market | 138 | 148 | +7.2% | 140 | +2.9% |
| Percent of List Price Received | 96.0% | 94.9% | -1.1% | 95.6% | -0.4% |
| New Listings | 105 | 81 | -22.9% | 967 | -2.7% |
| Pending Sales | 57 | 53 | -7.0% | 590 | +6.5% |
| Inventory | 445 | 445 | 0.0% | n/a | n/a |
| Months of Supply | 8.2 | 7.6 | -7.3% | n/a | n/a |
Source: REALTORS Association of Maui, Monthly Indicators, October 2026. Changes are compared with October 2025.
Fifty-nine single-family homes closed in October, up from the 52 reported for September but below the 64 closed in October 2025. For the year, home closings are essentially even with 2025 at 596.
The median price of $1,179,000 was 5.3% below last October, and the year-to-date median of $1,211,500 is down 6.8%. The average sales price rose 23.0% to $1,876,271 while the median fell 5.3%, which reflects a few high-priced sales during the month. Homes that sold in October spent an average of 148 days on market, compared with 138 days a year ago, and sold for 94.9% of list price on average.
On the supply side, new single-family listings were down 22.9% from last October and pending sales were down 7.0%. Inventory was unchanged from a year ago at 445 homes, and months of supply declined 7.3% to 7.6 months. In short, fewer homes are coming to market, but buyers are also going under contract at a slightly slower pace, so the overall balance between supply and demand has moved only modestly.
Condominiums
| Condominium | Oct 2025 | Oct 2026 | Change | YTD 2026 | YTD Change |
|---|---|---|---|---|---|
| Closed Sales | 61 | 68 | +11.5% | 688 | +20.1% |
| Median Sales Price | $637,500 | $634,500 | -0.5% | $651,250 | -7.0% |
| Average Sales Price | $946,351 | $1,223,993 | +29.3% | $1,025,255 | -11.1% |
| Days on Market | 183 | 216 | +18.0% | 169 | +16.6% |
| Percent of List Price Received | 94.7% | 94.8% | +0.1% | 94.6% | -0.3% |
| New Listings | 144 | 145 | +0.7% | 1,367 | -7.9% |
| Pending Sales | 70 | 52 | -25.7% | 686 | +17.1% |
| Inventory | 852 | 818 | -4.0% | n/a | n/a |
| Months of Supply | 14.6 | 12.3 | -15.8% | n/a | n/a |
Source: REALTORS Association of Maui, Monthly Indicators, October 2026. Changes are compared with October 2025.
Condo closings remain the strongest part of the Maui market. Sixty-eight condos closed in October, up 11.5% from a year ago, and year-to-date closings of 688 are 20.1% ahead of 2025. The October median of $634,500 was nearly unchanged from last year, while the year-to-date median of $651,250 is down 7.0%. That continues the trend of more condo sales at lower prices than in 2025.
Condo listings that closed in October averaged 216 days on market, up 18.0%, which tells us many buyers are purchasing units that have been available for some time. Condos sold for 94.8% of list price on average. Condo inventory is down 4.0% from a year ago to 818 units and months of supply is down 15.8% to 12.3 months, so the condo market is less one-sided than it was a year ago, even though it still favors buyers.
The figure to watch is pending sales. Condos going under contract in October were down 25.7% from last October, 52 compared with 70. This may point to fewer condo closings in the coming months. One month of data is not a trend, and the RAM report does not explain the decline, so we will be watching November and December closely before drawing conclusions.
Bill 9 and the Condo Market
Many Maui condo buyers and owners are weighing the county's short-term rental rules. Bill 9 (Ordinance 5909, signed December 15, 2025) phases out short-term rental use in A-1 and A-2 apartment-zoned condominiums, including those on the Minatoya List. Under the ordinance, short-term rental use ends January 1, 2029 in West Maui and January 1, 2031 in the rest of the county. Hotel and resort zoned properties are not affected.
The Maui Planning Commission is expected to hold a hearing on Resolution 26-129 on November 24, 2026. If you own or are considering a condo in a Minatoya List or apartment-zoned building, read our Bill 9 guide with deadlines and Minatoya List information and our owner briefing on the 2026 election and condo rezoning. Rules and their status can change, so check the current status before making a decision.
Interest Rates
Freddie Mac's Primary Mortgage Market Survey put the average 30-year fixed mortgage rate at 7.18% for the week of November 5, 2026. Rates at this level matter most for buyers who are financing, so a current pre-approval is an important first step.
What This Means for Buyers
- Time is on your side, within reason. Homes are averaging 148 days on market and condos 216 days, which gives buyers room for careful due diligence and negotiation.
- Single-family selection may tighten. New home listings were down 22.9% from a year ago. If you are looking for a specific type of home or neighborhood, it pays to be ready when the right one appears.
- Look closely at the building. For condos, short-term rental status under Bill 9, maintenance fees, reserves, special assessments and insurance costs vary widely between complexes and can significantly affect value.
- Get pre-approved. With 30-year rates above 7%, knowing your exact budget makes your offer stronger.
What This Means for Sellers
- Price to today's market. Year-to-date medians are down 6.8% for homes and 7.0% for condos compared with 2025. Listings priced to recent comparable sales are the ones that sell.
- Home sellers face less new competition. With new single-family listings down 22.9%, a well-prepared home that is priced correctly can stand out.
- Plan for a longer timeline. Expect several months from listing to closing, especially for condos, and plan any move or next purchase around that.
- Know your number. Request a free Maui property valuation based on current sales in your neighborhood or building.
More Maui Market Data
For neighborhood-level reports with current listings and recent sales, visit our Maui market reports directory. Past monthly reports are collected on our Maui market update page, where we publish a new report each month.
Questions about how these numbers affect your property or your next purchase?
Contact Joe Erlemann and The Maui Property Team at Compass at (808) 217-8832 or send us a message. We can prepare a custom report for your neighborhood or building.
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Sources
- REALTORS Association of Maui, Inc., Monthly Indicators, October 2026 (PDF).
- Freddie Mac, Primary Mortgage Market Survey, week of November 5, 2026.
- County of Maui, Ordinance 5909 (Bill 9).
Figures cover residential sales recorded in the Maui MLS, which includes Maui, Molokai and Lanai. Information is deemed reliable but not guaranteed.