September 2026 Market Report for Maui

U.S. existing-home sales fell 2.0% from the previous month and 1.2% from a year earlier to a seasonally adjusted annual rate of 3.98 million, the first reading below 4 million since June 2025, according to the National Association of REALTORS® (NAR). Sales held steady in the West and declined in the Northeast, Midwest, and South. Compared with a year earlier, sales were unchanged in the South and declined in the Northeast, Midwest, and West.

New Listings decreased 1.2 percent for Single Family homes and 25.4 percent for Condominium homes. Pending Sales increased 9.3 percent for Single Family homes but decreased 9.1 percent for Condominium homes. Inventory increased 1.6 percent for Single Family homes but decreased 5.6 percent for Condominium homes.

Median Sales Price decreased 11.0 percent to $1,150,000 for Single Family homes but increased 1.1 percent to $660,000 for Condominium homes. Days on Market increased 5.5 percent for Single Family homes and 56.7 percent for Condominium homes. Months Supply of Inventory decreased 4.9 percent for Single Family homes and 20.4 percent for Condominium homes.

Heading into September, there were 1.62 million homes listed for sale, up 3.2% from the previous month and 5.9% from a year earlier, the first time inventory has exceeded 1.6 million units since November 2019, NAR reported. That represents a 4.9-month supply at the current sales pace, up from 4.6 months a month earlier and the highest level in over ten years, according to NAR Chief Economist Lawrence Yun. The median existinghome sales price rose 1.6% year-over-year to $429,100, marking 38 consecutive months of annual gains, and year-to-date sales are up 1.6%. The Federal Reserve raised its benchmark rate by a quarter point on September 16 to a range of 3.75% to 4%, its first increase since July 2023, and the 30-year fixed-rate mortgage moved above 7% in late September, up from an August average of 6.67%, according to Freddie Mac.

All data from the REALTORS® Association of Maui, Inc. Report © 2026 ShowingTime.

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