Maui Real Estate Market Report – July 2025
As we head into July, Maui’s housing market continues to reflect a transitional phase. Inventory is building, buyer activity is mixed, and we’re seeing notable price adjustments—especially in the condominium sector. Whether you’re actively in the market or simply keeping tabs, the latest data offers important insights.
Maui Market Overview
The numbers this month highlight continued softness in new listings, rising inventory, and longer days on market across both single family homes and condos.
Single Family Homes
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New Listings: down 23.9%
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Pending Sales: down 3.8%
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Inventory: up 25.9%
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Median Sales Price: down 5.7% to $1,315,000
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Days on Market: up 21.2%
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Months Supply of Inventory: up 42.1%
The single family home segment is seeing a slowdown in seller activity and longer selling timelines. As inventory continues to grow, prices are beginning to soften in response.
Condominiums
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New Listings: down 8.6%
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Pending Sales: up 3.8%
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Inventory: up 30.0%
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Median Sales Price: down 28.6% to $700,000
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Days on Market: up 5.9%
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Months Supply of Inventory: up 57.6%
The condo market remains active, with pending sales ticking up slightly even as inventory grows. However, prices have seen a significant year-over-year correction, giving buyers more leverage than in past seasons.
National Real Estate Snapshot
On the national level, existing-home sales rose modestly last month—exceeding expectations—though they remain slightly lower than this time last year.
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Existing-Home Sales:
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Up 0.8% month-over-month
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Down 0.7% year-over-year
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Sales rose in the Midwest, Northeast, and South, but fell in the West
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Inventory:
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1.54 million units were on the market heading into June
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Up 6.2% from the previous month
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Up 20.3% from the same time last year
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Represents a 4.6-month supply at the current sales pace
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Median Existing-Home Price:
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Up 1.3% year-over-year to $422,800
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This marks the 22nd consecutive month of year-over-year price gains
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Another record high for this time of year
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While national prices continue to rise gradually, the pace has slowed from the highs of the pandemic era. Improved inventory levels are helping some markets feel more balanced, though affordability remains a concern in many regions.
Final Thoughts
For Maui, increasing inventory and longer market times point toward a more buyer-friendly environment, especially in the condo sector. Sellers should be prepared for more competition and may need to adjust pricing and expectations accordingly. Every submarket on the island behaves a little differently, and the right strategy depends on your timing and goals.
If you’re thinking about buying, selling, or simply want help interpreting how these trends impact your property or plans, I’m here to provide honest insight and personalized guidance.
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