According to Ziprealty, a search of 18 major cities across the US shows a significant increase in the number of homes listed for sale.

The number of homes listed for sale in 18 major U.S. metropolitan areas at the end of March increased 6.5% from a month earlier, according to data compiled by ZipRealty Inc., a national real-estate brokerage firm in Emeryville, Calif. The data cover listings of single-family homes, condominiums and town houses on local multiple-listing services. Over the past 22 years, home inventories nationwide have increased an average of 1.7% in March from February, according to Credit Suisse Group.

For Maui property owners there is simply no way to feel good about this report. However, if you click on the link and graph the markets that most closely correlate with Maui (Orange County, San Diego) , here is what you find. They were both up only modestly, while places like LA, Phoenix and Las Vegas were up more dramatically.