Posted in: Real Estate, Market Trends, South Maui, West Maui, Upcountry, Condos
AUGUST 2026 MAUI REAL ESTATE MARKET REPORT: HOME AND CONDO SALES INCREASE AS MEDIAN PRICES DECLINE
Official housing statistics for August 2026 from the REALTORS Association of Maui (RAM) highlight a notable trend across Maui County: transaction activity picked up for both single-family homes and condominiums compared to August 2025, even as median sales prices adjusted downward.
Single-family home closed sales climbed 3.2% year-over-year to 64 units, with a median sales price of $1,200,000. Meanwhile, condominium closed sales rose 19.3% year-over-year to 68 units, with a median sales price of $564,950. Perhaps most telling for near-term momentum, pending condo sales surged by 54.9%, signaling that buyers are actively engaging when properties are priced strategically.
Quick Key Facts: August 2026 Maui Real Estate Market
- Single-Family Resales: 64 closed sales (+3.2% YoY) | Median Price: $1,200,000 (-7.9% YoY) | Median Days on Market: 128 days (-6.6% YoY) | Total Volume: $93.9M (-19.0% YoY).
- Condominium Resales: 68 closed sales (+19.3% YoY) | Median Price: $564,950 (-13.1% YoY) | Median Days on Market: 171 days (+1.8% YoY) | Total Volume: $60.8M (-6.9% YoY).
- Pending Condo Sales Momentum: Pending condominium sales jumped 54.9% year-over-year from 51 in August 2025 to 79 in August 2026.
- Market Sentiment: Buyers are moving forward as pricing adjustments create favorable opportunities, while thoughtful pricing remains critical for sellers to connect with active buyers.
1. Key Market Statistics: August 2026 vs. August 2025
Data compiled from the REALTORS Association of Maui Multiple Listing Service demonstrates a healthy increase in transaction volume alongside price recalibrations:
| Property Type | Closed Sales (Aug 2026) | Sales Change (YoY) | Median Price (Aug 2026) | Price Change (YoY) | Median Days on Market |
|---|---|---|---|---|---|
| Single-Family Homes | 64 | +3.2% | $1,200,000 | -7.9% | 128 days (-6.6%) |
| Condominiums | 68 | +19.3% | $564,950 | -13.1% | 171 days (+1.8%) |
2. Single-Family Home Market Performance
Single-family home closed sales reached 64 units in August 2026, up 3.2% from 62 sales in August 2025. The median sales price came in at $1,200,000, representing a 7.9% reduction from $1,302,500 in August 2025.
Homes spent a median of 128 days on the market prior to closing, down 6.6% year-over-year. Total dollar volume for single-family homes reached $93.9 million, down 19.0% compared to the prior year period.
3. Condominium Market Performance & Pending Surge
Maui's condo segment saw strong closed activity with 68 sales in August 2026, a 19.3% increase compared to 57 sales in August 2025. The median sales price settled at $564,950, down 13.1% from $650,000 in August 2025.
Condominiums spent a median of 171 days on the market (up 1.8%), with total dollar volume reaching $60.8 million. Crucially, pending condo sales surged by 54.9%—from 51 units in August 2025 to 79 units in August 2026—indicating strong underlying contract velocity that will fuel future closings.
4. Leadership Perspective & Market Takeaways
“August saw more homes and condominiums change hands compared to last year, even as median prices came down. Buyers continue to have options, and we’re seeing them move forward when they find the right property. For sellers, thoughtful pricing and a willingness to adjust to current market conditions can make an important difference in connecting with today’s buyers.”
5. What This Means for Buyers and Sellers
For Buyers: The combination of increased inventory choices and adjusted median prices creates a more constructive environment to evaluate properties. The surge in pending condo sales proves that motivated buyers are stepping up when fair market value meets quality inventory.
For Sellers: Success in today's market hinges on precise positioning and competitive pricing. Properties that are accurately priced to reflect current interest rates and buyer expectations continue to attract strong interest and convert from pending to sold.
Planning to Buy or Sell on Maui?
Whether you are tracking condo opportunities in South Maui, evaluating single-family homes across Maui's distinct neighborhoods, or curious about your property's current value, our team at Real Maui Life is here to provide local expertise and guidance.
Mike Marshall
Local Maui expert and lifestyle guide. Helping you understand the island beyond the listings, so you can find the community that truly fits how you want to live.
