Maui Real Estate Q3 2026:
More Sales, Softer Prices
Maui's housing market found a little more momentum in 2026, and softer prices are a big part of why. Through the end of Q3, 537 homes sold across the island, a few more than at this point last year, while the median sale price slipped 6.2% to $1.22 million.
That combination tells a clear story. Sellers who priced for today's market found buyers, and buyers who had been waiting on the sidelines started to move. Here is what the numbers show, island-wide and neighborhood by neighborhood.
The island-wide picture
Sales are up modestly, and contracts are up more. Pending sales reached 540, an 8.4% jump from 498 a year ago, which points to steady activity heading into the end of the year.
Prices moved the other way. The median sold price eased from $1.30 million to $1.22 million, and the average price per square foot fell 12.9%, from $992 to $864.
Buyers also have a bit more to choose from. Inventory stands at 455 homes, up 3.2%, which works out to 7.63 months of supply. Homes are taking a little longer to sell, averaging 82 days on market compared with 74 last year.
How 2026 is unfolding
The market has settled into a new, steadier level. After holding fairly flat through 2025, the median sold price drifted lower this year and reached its low point for the period in Q3.
Price per square foot tells a similar story. It sat near $1,000 in early 2025, then held in a tight band of roughly $850 to $880 throughout 2026.
Days on market peaked around the start of the year and have been coming down since, so homes are selling a little faster now than they were in early 2026. Months of inventory held steady for about a year before lifting in Q3, giving buyers some extra breathing room.
Neighborhood by neighborhood
Each part of the island is telling its own story this year.
South Maui is the busiest turnaround. Sales jumped nearly 26%, from 97 to 122 homes, as the median price eased to $1.4 million and price per square foot fell 23% to $889.
Upcountry is the island's steadiest market. It is the only area where the median price rose, up 2.6% to $1.4 million, and homes still sell fastest here at 57 days. Inventory is up 29%, though, so buyers now have more options in Kula, Makawao and Pukalani.
North Shore saw fewer sales and a lower median of $1.325 million. Yet price per square foot rose 8.6% to $1,196, a sign that well-located homes are still holding their value.
West Maui posted the sharpest price change on the island. The median fell nearly 32% to about $2.1 million, which creates real opportunity for buyers who have been watching the area.
Central Maui remains the island's most active and most affordable market, with 163 sales at a median of $1.06 million. Homes are taking longer to sell, averaging 74 days compared with 52 last year.
The $3M+ luxury market
At the top of the market, buyers hold the advantage. Maui's $3 million-plus segment now has more than two years of supply, the most in the state.
There are 122 luxury homes on the market, up from 110 a year ago, while sales fell from 54 to 41. The median sold price eased 9.3% to $4.92 million, and price per square foot dropped to $1,423.
There is good news for sellers, too. Luxury homes that did sell found buyers slightly faster, averaging 120 days on market compared with 126 last year. Pricing for today's market is what gets these homes sold.
Condos and land
Condos were the standout of the year. Condo sales climbed 21.3%, from 511 to 620, outpacing single-family homes by a wide margin.
Land went the other direction. Land sales fell 15% to 91 parcels, down from 107 a year ago.
What it means for you
For buyers, this is one of the better windows in recent years. Prices have eased, inventory is up, and sellers in many neighborhoods are open to negotiation.
For sellers, the market is rewarding realistic pricing. With more homes to choose from, buyers compare carefully, and homes priced right from the start are the ones going under contract.
It also helps to step back and look at the long view. Over the past decade, Maui's median sold price has climbed 92%, from $635,000 in 2016 to $1.22 million today. This year's softening is a pause in a long upward trend, and the island's lasting value has not changed.
Maui heads into the final quarter with more homes under contract than a year ago. If you are thinking about buying or selling, I would be glad to walk you through what these numbers mean for your neighborhood and your goals. Call me at 808.870.3434 or email [email protected]. Reach out and let's schedule a time to talk story about your real estate plans.
