#Housing Market
Hawaiʻi ranks 2nd nationally in vacation home purchase decline; Kahului among hardest-hit markets
The pandemic-era vacation home boom has collapsed in Hawaiʻi, according to a new analysis by SellMyTimeshareNow.
Single-family home sales fall 30% in April; condo sales up 4.5%
Single-family home sales on Maui dropped sharply in April while the condominium market posted a modest year-over-year gain, according to data released Thursday by the Realtors Association of Maui.
In yearlong wait for vote on short-term rental ban, Maui condo sales, prices have dropped significantly
The median price for Maui condos has dropped almost 25%, from a whopping $962,500 in April 2024 before the proposed short-term rental ban to $727,000 in April of this year.
Condo closings fall in wake of short-term rental phase-out bill announcement
Closings of condominium sales have dropped by double-digit percentages in the three months since Mayor Richard Bissen announced a proposal to phase out thousands of short-term rentals in apartment-zoned districts, according to monthly statistics from the Realtors Association of Maui.
