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Maui Real Estate Market Report April 2026: Iran War Shrouds Market in Uncertainty

Maui Real Estate Market

For nearly two years, the broader real estate market on Maui has been in decline, as evidenced by several key metrics, including total closed sales and median and average closed sale prices.

While our micro-markets and certain segments of our market have performed differently (e.g., apartment-zoned short-term rentals vs. hotel-zoned short-term rentals; single-family homes vs. condos, luxury market vs. non-luxury market), the overall trends have been falling prices, rising inventory, and an increasingly buyer-friendly market.

Factors such as Bill 9's efforts to take away short term rental rights, higher mortgage rates, and now the war in Iran have been weighing…

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