Maui’s market continued its shift in June, with rising inventory and softening prices offering more leverage to buyers. New listings fell (down 24% for single-family homes and 9% for condos), but inventory jumped—up 26% and 30%, respectively—giving buyers more options and time to decide.

Prices followed suit: the median dropped 5.7% for single-family homes ($1.315M) and a notable 28.6% for condos ($700K). Homes are also taking longer to sell, and supply levels are building.

What this means: Buyers have more room to negotiate, especially in the condo space. Sellers can still do well but realistic pricing and strong presentation are key.