Maui's real estate market appears to be shifting. While new escrows dipped slightly compared to the prior week, there's a significant drop in total pending sales. This suggests that buyer activity might be slowing down.
This slowdown is further reflected in the rise of active listings. Inventory across various categories (residential, condo, land) has increased compared to the previous week. This indicates a potential shift from a seller's market to a more balanced one. Here's how Maui's real estate market activity ended for the past week:
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