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RAMaui Monthly StatisticsPublished June 9, 2026
May 2026 Maui Housing Market Statistics
Market Insights
Maui Real Estate Market Update: What the May 2026 Numbers Mean for Buyers and Sellers
Thinking about buying a piece of paradise or wondering if it’s the right time to cash in on your Maui property? The REALTORS® Association of Maui just released the market report for May 2026, and the numbers reveal a shifting landscape.
From cooling luxury prices to an unexpected boost in affordability, the Maui market is giving both buyers and sellers plenty to think about. Let’s break down exactly what is happening on the Valley Isle.
Single-Family Homes: A Steady, Patient Market
If you are looking at single-family homes, the year-to-date (YTD) data compared to this time last year shows a market that is taking a bit of a breather.
- ➔ Prices Are Softening: The median sales price for a single-family home ticked down 3.8% to $1,250,000. More notably, the average sales price dropped 15.3% to $1,545,695, suggesting fewer ultra-luxury mega-mansions closed during the first five months of the year compared to 2025.
- ➔ Pack Your Patience: Homes are staying on the market longer. The average days on market until a sale went up 12.4%, stretching to 145 days. Sellers can no longer expect immediate bidding wars.
- ➔ Fewer New Options, But Steady Demand: New listings dropped by 9.1%. Despite fewer new homes hitting the market, pending sales actually managed a slight 3.9% increase. Buyers are still out there; they are just being much more selective.
The Big Picture: May 2026 vs. May 2025
When we step back and look at the entire Maui market—combining single-family homes, condos, and townhomes for the month of May specifically—we see some dramatic shifts.
1. A Massive Drop in Median Prices
The headline-grabbing stat of the month is a 25.7% plunge in the overall median sales price, dropping from $1,150,000 last May to $854,950 this year.
What’s driving this? A drop in median price usually means a shift in what is selling. With single-family prices only down slightly, this broader drop suggests a heavy influx of condo sales or lower-priced inventory dominating the monthly mix.
2. Affordability Gets a Surprising Boost
Because of the lower overall median price, the Housing Affordability Index surged by 40%. While "affordable" is always a relative term in Hawaii, the numbers show that the financial barrier to entry relaxed significantly this month compared to the punishing highs of last year.
3. Inventory is Holding Steady
The overall inventory of homes for sale edged up slightly by 1.8% to 1,566 active properties. Meanwhile, the supply of inventory sits at a comfortable 12.0 months. In real estate terms, a 12-month supply technically favors buyers, giving you plenty of leverage and time to negotiate.
The Takeaway: What This Means For You
For Buyers
The ball is shifting into your court. With an overall price dip, an increase in affordability, and properties sitting on the market for an average of 150 days, you have time on your side. You can afford to be picky, negotiate on the list price (sellers are receiving about 94.6% of their asking price right now), and look for the perfect fit.
For Sellers
The days of naming your price and getting it within 48 hours are on pause. With new listings down but inventory steady, you aren't facing massive competition, but you must price your property realistically from day one. Buyers are sensitive to value right now, and overpricing your home means it will likely sit through that 145-to-150-day average waiting period.
Are you looking to navigate the Maui market this summer? Whether you're hunting for a condo with a view or ready to list your family home, having the right local expertise makes all the difference. Reach out today to discuss how these numbers impact your specific real estate goals!
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