Maui Real Estate Market Report – March 2026: Sales Rebound as Prices Adjust
What Buyers & Sellers Need to Know
The Maui real estate market saw a notable increase in sales activity in March, signaling renewed movement across both single-family homes and condos. At the same time, median prices declined and days on market remained elevated, reflecting a market where buyers are engaged—but more selective.
Here’s what stood out in March—and what it means for you.
Single-Family Homes: Sales Surge While Prices Ease
Single-family home sales jumped to 77 transactions in March, a significant increase from the previous month and a 57.1% rise year-over-year.
Despite this increase in activity, the median sales price declined to $1,200,000, down 7.3% compared to March 2025. This shift suggests that while buyers are active, they are prioritizing value and negotiating more carefully.
Homes spent an average of 131 days on market, improving from February but still reflecting a slower-paced environment compared to past years.
👉 What this means:
More homes are selling—but buyers are taking their time and making strategic decisions, especially at higher price points.
Condos: Increased Activity, Softer Pricing
The condo market also saw an uptick in sales, with 74 units sold in March, representing a 21.3% increase year-over-year.
However, the median condo price declined to $675,000, a 17.7% decrease from last year, indicating continued price adjustments across the market.
Condos averaged 149 days on market, slightly higher than the previous month, giving buyers additional time to explore options and negotiate.
What this means:
The condo market is active, but clearly shifting toward a more buyer-friendly environment, particularly in mid-range and resort segments.
Market Trends to Watch
1. Sales Activity Is Rebounding
Both homes and condos saw strong increases in closed sales, suggesting buyers are re-entering the market after a slower start to the year.
2. Prices Are Adjusting
Declines in both single-family and condo median prices indicate a recalibration toward more realistic pricing, especially in higher-end segments.
3. Buyers Are More Deliberate
With days on market remaining elevated, buyers are taking more time to evaluate properties, leading to a more balanced pace.
4. Inventory Remains a Key Factor
Inventory levels have remained relatively stable, helping create more options for buyers while keeping competition in check.
The Bottom Line
March 2026 highlights a shift toward a more balanced Maui real estate market.
Sales activity is increasing, but pricing is adjusting and buyers are moving with intention. This creates a market environment where strategy, timing, and local expertise are more important than ever.
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Let’s Talk Story
Whether you’re considering buying, selling, or investing on Maui, the LUVA team is here to guide you with local insight and personalized strategy.
Understanding hyper-local housing trends is essential in today’s evolving market.
Reach out to a LUVA REALTOR® for insights tailored to your neighborhood and real estate goals.