Maui County Real Estate Market Report: October 2023
The latest statistics from the Realtors® Association of Maui for October 2023 paint a dynamic picture of the real estate landscape in Maui County. Here's a breakdown of what's happening in the homes, condos, and land markets.
Maui Homes Sales
The number of homes sold saw a decrease, with 48 units sold which is a 39.2% drop from 2022. Despite the slowdown in sales, the median price of homes has risen to $1,269,025, marking an 18% increase from the previous year. Interestingly, homes spent fewer days on the market, averaging 129 days, which is an 8.5% decrease from 2022. However, the total dollar volume of sales significantly declined by 44.8% to $79,995,459 as inventory remains low.