September 2025 Market Report for Maui

U.S. existing-home sales were virtually unchanged from the previous month, dipping just 0.2% to a seasonally adjusted annual rate of 4.0 million units, according to the National Association of REALTORS® (NAR). Most of these transactions went under contract in June and July, when mortgage rates were 40 to 50 basis points higher than current levels. Year-over-year, sales increased 1.8%, with the strongest activity occurring in the Midwest, where the typical home price is 22% below the national median.

New Listings decreased 4.5 percent for Single Family homes but increased 33.0 percent for Condominium homes. Pending Sales decreased 6.3 percent for Single Family homes but increased 7.7 percent for Condominium homes. Inventory increased 23.7 percent for Single Family homes and 19.0 percent for Condominium homes.

Median Sales Price decreased 9.5 percent to $1,292,500 for Single Family homes and 33.8 percent to $655,000 for Condominium homes. Days on Market increased 10.4 percent for Single Family homes but decreased 6.7 percent for Condominium homes. Months Supply of Inventory increased 38.6 percent for Single Family homes and 38.3 percent for Condominium homes.

Nationally, housing inventory declined for the first time this year, slipping 1.3% month-over-month to 1.53 million units, representing a 4.6-month supply at the current sales pace, according to NAR. Despite the monthly drop, total inventory remained 11.7% higher than the same time last year. Meanwhile, the median existing-home price rose 2% year-over-year to $422,600, though it was essentially flat compared to the prior month.

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

Click HERE for the full report.