Maui Real Estate Market Report: August 2026
Maui's real estate market picked up some additional sales activity in August 2026, with more single-family homes and condominiums changing hands than during the same month last year. At the same time, median prices moved lower in both major residential categories, creating a market that continues to look very different depending on the property type, location, and price range.
Single-family home sales increased modestly year over year, while condominium sales posted a much larger gain. Land activity remained limited, with only eight sales recorded during the month. Here is a closer look at the latest Maui County real estate numbers for August.
Maui Single-Family Home Sales Increase in August
Maui County recorded 64 single-family home sales in August 2026, up 3.2% from the 62 sales reported in August 2025. The median sales price came in at $1,200,000, compared with $1,302,500 one year earlier, a decline of 7.9%.
Homes also moved somewhat faster than they did a year ago. Days on market fell 6.6% to 128 days. Total dollar volume reached $93,924,500 for the month, which was 19.02% lower than August 2025.
The combination of slightly higher sales and a lower median price is worth watching. Buyers are continuing to make purchases, but the numbers also show the importance of pricing a property appropriately for today's market. Maui remains a high-value real estate market, although buyers may have more room to compare properties carefully and wait for the right opportunity.
Maui Condo Sales Show Stronger Year-Over-Year Activity
The condominium market produced one of the more noticeable changes in August. A total of 68 condos sold during the month, a 19.3% increase from 57 sales in August 2025.
Prices moved in the opposite direction. The median Maui condo sales price declined 13.1%, from $650,000 in August 2025 to $564,950 in August 2026. Condos spent 171 days on the market, an increase of 1.8% compared with the same period last year. Total condominium sales volume was $60,750,400, down 6.85% year over year.
Another notable number was pending condo sales. There were 79 pending sales in August, compared with 51 a year earlier, an increase of 54.9%. While pending sales do not necessarily translate directly into closed transactions, the increase points to continued buyer activity within the Maui condominium market.
Maui Land Sales Remain a Smaller Part of the Market
Vacant land and acreage continued to represent a much smaller portion of Maui's overall real estate activity. Eight land sales were recorded in August 2026, down 11.1% from the same month last year.
The median sales price for land increased 26.3% to $694,500. Properties spent an average of 115 days on the market for the measure included in the August report, up 23.7% year over year. Total dollar volume was $4,979,000, a decline of 61.78% compared with August 2025.
Because relatively few land transactions close in any given month, individual higher- or lower-priced sales can have a significant effect on percentages and median prices. Buyers considering vacant land on Maui should look beyond island-wide statistics and evaluate zoning, utilities, access, development potential, location, and other property-specific factors.
What the August Numbers Say About the Maui Real Estate Market
August continued to show a Maui market that cannot be summed up by a single number. Closed sales increased for both homes and condos compared with last year, yet median prices declined in both categories. Condos experienced the strongest increase in transaction volume, while single-family home sales recorded a smaller gain.
For buyers, the lower median prices and longer marketing periods in portions of the market may provide additional opportunities to evaluate available properties without the pace seen during more competitive market cycles. That does not mean every property is negotiable or that every Maui community is following the same trend. Well-located and appropriately priced properties can still attract attention quickly.
For sellers, the August statistics reinforce the importance of looking closely at current comparable sales rather than relying on pricing from previous years. Maui's market can vary significantly between South Maui, West Maui, Central Maui, Upcountry, and other areas of the island, as well as between individual condominium developments and neighborhoods.
Understanding the Maui Market at the Local Level
Island-wide statistics are useful for seeing the broader direction of the market, but they are only a starting point. The conditions affecting a Kihei condo can be very different from those affecting a Wailea residence, a Kaanapali property, an Upcountry home, or vacant land elsewhere on Maui.
If you are considering buying or selling Maui real estate, understanding recent sales within the specific community and property type you are interested in can provide a much clearer picture than county-wide averages alone.
Contact Roger Pleski R(S) to discuss current Maui real estate conditions, available properties, or what recent sales may mean for your plans to buy or sell on the island.
Market statistics are based on August 2026 data from the REALTORS Association of Maui. Market conditions and individual property values vary by location and property type.
HEADER PHOTO CREDIT - SHUTTERSTOCK (Joshua Lehew)
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