Maui Real Estate Market Report

Haiku, HI

Single-Family Homes

Presented by The Maui Property Team



Haiku, HI

Sat Apr 13 2024
This week the median list price for Haiku, HI is $2,462,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 18. Click here to stay informed with the Haiku market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Haiku, HI

Sat Apr 13 2024
This week the median list price for Haiku, HI is $2,462,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 18. Click here to stay informed with the Haiku market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Haiku market.
Median List Price $2,462,500
Median Price of New Listings $2,462,500
Per Square Foot $1,481
Average Days on Market 77
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 11%
Inventory 18
Median Rent
Market Action 34
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$7,087,500 2,586 2.5 - 5 acres 4 2.5 31 0 0 87
$3,572,500 2,827 1 - 2.5 acres 4 3.5 28 0 0 70
$2,000,000 1,008 1 - 2.5 acres 3 2 15 2 0 14
$1,799,000 1,594 1 - 2.5 acres 3 2 47 0 1 28