April 2025 Market Updates for Maui

U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-over-year to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity. Sales were down month-over-month in all four regions, with the West experiencing the largest decline, at 9.4%.

New Listings decreased 9.0 percent for Single Family homes but increased 31.0 percent for Condominium homes. Pending Sales decreased 17.3 percent for Single Family homes and 9.5 percent for Condominium homes. Inventory increased 52.5 percent for Single Family homes and 69.8 percent for Condominium homes.

Median Sales Price increased 6.2 percent to $1,380,000 for Single Family homes but decreased 24.5 percent to $727,000 for Condominium homes. Days on Market increased 26.7 percent for Single Family homes and 15.9 percent for Condominium homes. Months Supply of Inventory increased 75.0 percent for Single Family homes and 125.0 percent for Condominium homes.

Total housing inventory increased 8.1% month-over-month for a total of 1.33 million units heading into April, equivalent to a 4.0-month supply at the current sales pace, according to NAR. Although inventory is up nearly 20% from the same time last year, the additional supply has had little effect on home prices across much of the country, with the national median existing home price climbing 2.7% year-over-year to $403,700 as of last measure.

All data from the REALTORS® Association of Maui, Inc. Report © 2025 ShowingTime.

Click HERE for the full report.