Breaking News Alerts

We'd like to send you alerts when breaking news happens. Hide this Message

Press "Allow" to Activate

×
  • News Topics
    • Maui News
    • Maui Business
    • Maui Discussion
    • Maui Coronavirus Updates
    • Maui Arts & Entertainment
    • 2022 Election
    • Crime Statistics
    • Maui Sports
    • Letters to the Editor
    • Maui Real Estate
  • Weather & Surf
    • Maui Weather Forecast
    • Maui Surf Report
  • Maui Lifestyle
    • Maui Job Listings
    • Food and Dining
    • Arts & Entertainment
    • Real Estate
    • Obituaries
    • Events Calendar
    • What’s Open
  • Latest Maui Videos
    • Maui police unsure if shooting was negligent or criminal; hunting, poaching investigated (7.1.22)
      Sen. Hirono visits construction site of the future Daniel Kahikina Akaka VA Clinic
  • Special Sections
    • Medical Minute
    • IMUA Discovery Garden

 
 
 
 
Maui Now
Aloha, !
My Profile | Logout
Aloha, Guest!
Login | Register
    Maui Now
  • Sections
  • Maui News
  • Business
  • Weather
  • Election
  • Real Estate
  • Jobs
  • Obituaries
  • COVID-19
  • Letters to the Editor
  • News Topics
    • Maui News
    • Maui Business
    • Maui Discussion
    • Maui Coronavirus Updates
    • Maui Arts & Entertainment
    • 2022 Election
    • Crime Statistics
    • Maui Sports
    • Letters to the Editor
    • Maui Real Estate
  • Weather & Surf
    • Maui Weather Forecast
    • Maui Surf Report
  • Maui Lifestyle
    • Maui Job Listings
    • Food and Dining
    • Arts & Entertainment
    • Real Estate
    • Obituaries
    • Events Calendar
    • What’s Open
  • Latest Maui Videos
    • Maui police unsure if shooting was negligent or criminal; hunting, poaching investigated (7.1.22)
      Sen. Hirono visits construction site of the future Daniel Kahikina Akaka VA Clinic
  • Special Sections
    • Medical Minute
    • IMUA Discovery Garden

Real Estate

Real Estate Maui Now is
brought to you in part by

Maui Condo Sales Leading Hot Real Estate Market for September 2021

October 7, 2021, 12:18 PM HST
* Updated October 8, 6:24 AM
Listen to this Article
1 minute
Loading Audio... Article will play after ad...
Playing in :00
A
A
A

The Maui real estate market remained hot for September 2021, with the median sales price for single-family homes at $996,500 (27.3% higher than a year ago) and $729,125 for condominiums (a 46.6% increase from September 2020), according to statistics from the REALTORS® Association of Maui.

For September, the supply of properties also were lower, with faster sales compared to September 2020. The days on the market for single-family homes was 103 (14.9% decrease) and 108 for condos (6.9% decrease). Months supply of inventory decreased 57.1% for single-family homes to 1.8 months and a whopping 90.8% for condos to less than one month.

New listings decreased 9.8% for single-family homes and 29.2% for condos.

Pending sales decreased 4.3% for single-family homes but increased 5.7% for condos.

Chart Courtesy: REALTORS® Association of Maui.

Inventory decreased 44.3% for single-family homes to 205 and 82.3% for condos to 139. In September 2020, there were 784 condos for sale on Maui.

ARTICLE CONTINUES BELOW AD

Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9% compared to last year. Declining affordability has had a significant impact on homebuyers, many of whom have been priced out of the market and are choosing to wait for sales prices to ease before resuming their home search.

ARTICLE CONTINUES BELOW AD

There are signs the national market may be shifting. New listings have continued to hit the market, bucking seasonality trends commonly seen in the fall, a time when listing and sales activity typically slows as children return to school. As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be welcome news to homebuyers throughout the country.

Maui Jobs View All Jobs Chevron Forward
BMW of Maui
Technician
Central Maui · 3 weeks ago

Fairmont Kea Lani, Maui
MAKANA Market + Cafe Attendant - Full-Time
South Maui · 2 weeks ago
BMW of Maui
Car Wash / Detail
Central Maui · 3 weeks ago

Hale Makua
Kitchen Helper
Central Maui · 1 month ago
Looking for locally based talent?
Post a Job Listing

Subscribe to our Newsletter

Stay in-the-know with daily or weekly
headlines delivered straight to your inbox.
Cancel
Mahalo for Subscribing
×

Related Articles

  • What’s Happening in the Maui Real Estate Market?
    July 27, 2020
  • Real Estate Association Features Presentations on…
    July 28, 2020
  • Maui County Real Estate Remains a Seller's Market
    September 10, 2021
  • Maui’s Real Estate Market starts 2022 with new…
    February 2, 2022
  • Report: Maui Condo, Home Sales Jump in February 2020 YTD
    March 24, 2020
  • Report: Maui home, condo median sales prices set new…
    April 5, 2022
Make the most of your Maui vacation with these top-rated activities: Maui Top 20: Maui Visitor & Tourism Information

Comments

This comments section is a public community forum for the purpose of free expression. Although Maui Now encourages respectful communication only, some content may be considered offensive. Please view at your own discretion. View Comments
Trending Now
1Mauis Lily Meola Gives Golden Buzzer Performance Of Daydream On National Stage 251 3 Acres Acquired In West Maui For County Park 3Maui Police Unsure If Shooting Was Negligent Or Criminal Hunting Poaching Investigated 4Despite Pushback New Affordable Sales Price Guides For Maui County Advance 5Man Suffers Gunshot Wound While Driving On Maui Veterans Highway 6Us Labor Department Recovers 117000 For 70 Servers Of Hawaiʻi Restaurant Group
Back to Top
  • Maui News
  • Maui Business
  • Weather
  • Entertainment
  • Maui Surf
  • Maui Sports
  • COVID-19 Updates
  • Crime Statistics
  • Letters to the Editor
  • Maui Activities
  • Maui Discussion
  • Food and Dining
  • Real Estate
  • Events
  • What’s Open
  • Maui Jobs
  • About Maui Now
  • Contact Information
  • About Our Ads
  • App
  • Newsletter
  • Terms of Service

Copyright © 2022 Pacific Media Group. All Rights Reserved.
Privacy Policy | About Our Ads