The Maui real estate market closed out the year with strong momentum in sales activity, even as pricing shifted notably in certain segments. December data shows a clear increase in closed transactions across both single-family homes and condominiums, signaling renewed buyer engagement as market conditions continue to rebalance.

According to the Realtors Association of Maui, total sales activity finished December with double-digit year-over-year growth. At the same time, condominium prices declined significantly, creating new opportunities for buyers while requiring sellers to adjust their expectations.

Check RAM Maui Real Estate Market Report January 2026

Increased Sales Activity Across Maui

Sales volume rose across both major property categories:

  • Single-family home sales increased by more than 20 percent compared to December of the prior year.

  • Condominium sales climbed by over 40 percent year over year, reflecting renewed interest as prices adjusted.

This increase in closed sales suggests buyers are re-entering the market, encouraged by improved inventory levels, longer decision timelines, and more realistic pricing.

Condo Prices See Significant Decline

While sales volume increased, pricing trends moved in a different direction, particularly for condominiums.

The median condo price dropped by more than 25 percent year over year, falling from the mid-$800,000 range to the mid-$600,000 range. Single-family home prices were more stable, showing only a modest year-over-year decrease.

This pricing shift is largely driven by a combination of increased inventory, longer days on market, and ongoing uncertainty surrounding zoning and short-term rental regulations. As a result, buyers are gaining negotiating power, especially in the condo segment.

Longer Days on Market Signal a Balanced Shift

Another notable trend is the increase in days on market:

  • Condominiums are taking significantly longer to sell compared to last year.

  • Single-family homes have also seen moderate increases in marketing time.

Longer days on market typically reflect a healthier balance between buyers and sellers, allowing for more thoughtful decision-making and price negotiations.

What This Means for Buyers

For buyers, especially those considering condominiums, the current market presents meaningful opportunities. Lower median prices, increased inventory, and longer days on market allow buyers to explore options more carefully and negotiate more confidently.

This environment may be particularly attractive for primary residents, second-home buyers, and long-term investors focused on value rather than short-term speculation.

What This Means for Sellers

For sellers, strong sales volume is encouraging, but the pricing strategy is more important than ever. Properties priced correctly for current market conditions continue to sell, while overpriced listings may take longer to sell.

Professional guidance, accurate comparable analysis, and strategic positioning are key to success in this evolving market.

Thinking About Buying or Selling on Maui?

The Maui real estate market is shifting, and understanding the details matters. Whether you are considering buying, selling, or investing, the Maui Property team at Compass is here to provide clear guidance and local expertise.

Contact the Maui Property Team today for a personalized market analysis or custom property search.
Visit mauiproperty.com or reach out to schedule a confidential consultation.