Nanakuli-Maili Condo Market Analysis

The Nanakuli-Maili condo market presented a mixed picture in September 2026, with limited inventory and strong sale-to-list pricing offset by much longer marketing times and a sharply lower median sold price. Months of inventory stood at 5.0, down 6.19% from the previous period. Because six months is generally considered a balanced market, this level suggests conditions still lean modestly in favor of sellers, although the market is not severely supply-constrained.

For sellers, five months of inventory means there is somewhat less competition than in a balanced market, but buyers may still be selective. Accurate pricing, good presentation, and patience remain important. For buyers, inventory below six months can mean fewer choices and potential competition for well-positioned units. However, the supply level is close enough to balanced that buyers may still have time to compare properties and negotiate based on condition, financing requirements, or association-related considerations.

The sold-to-list price ratio increased 3.67% to 100.1%, meaning the typical sold property closed at slightly above its final asking price. This points to strong demand for the units that successfully reached closing. Sellers may view this as evidence that appropriately priced condos can attract solid offers, but it should not be interpreted as a guarantee that every listing will sell above asking. Buyers should be prepared to submit competitive offers on desirable properties, while still completing careful due diligence rather than relying solely on the asking price.

At the same time, the median days on market rose 519.05% to 130 days, compared with roughly three weeks in the prior period. This substantial increase suggests that sales were taking much longer to come together, even though closed properties achieved strong pricing relative to their final list prices. Sellers should plan for a potentially extended marketing period and recognize that price adjustments may occur before a property finds the right buyer. Buyers may benefit from the slower pace by negotiating with owners whose listings have been available for several months, although the 100.1% sold-to-list ratio shows that leverage may narrow once a property is priced appropriately.

The median sold price fell 49.55% to $170,000. While that change is significant, median price movements do not necessarily mean every Nanakuli-Maili condo lost half its value. The figure may reflect differences in the types, sizes, conditions, tenure, or price ranges of the units sold, particularly if the number of transactions was limited. Sellers should base pricing decisions on recent comparable sales for their specific property, while buyers should investigate why a unit is priced at a particular level, including its condition, monthly fees, financing eligibility, and any leasehold or association considerations.

Overall, September’s figures suggest a market that is modestly seller-leaning by inventory and strong in terms of final sale-to-list pricing, yet slower-moving and influenced by lower-priced transactions. Buyers and sellers should therefore avoid drawing conclusions from any single metric. Market conditions can change because of interest rates, insurance costs, economic shifts, property-specific issues, and other unforeseen factors. For personalized guidance on how these trends may apply to a particular Nanakuli-Maili condo, Christopher Breen can serve as a resource for reviewing current listings, comparable sales, and individual goals.