After years of a seller-dominated market from 2021 through 2023, Maui’s housing landscape is finally finding balance.
For Buyers
- Negotiating power has improved for the first time in years.
- Lower mortgage rates, even if only slightly, help restore buying power inventory is expanding.
- Condo inventory is quickly expanding across the island
- Haiku, Wailuku, and Kihei offer the strongest blend of value and convenience on Maui.
For Sellers
- Buyers are regaining leverage, making it essential to stand out.
- Sharpen your pricing and elevate presentation to stay competitive.
- Buyers are scrutinizing condition, rental potential, and recent comps.
- Strategic updates like fresh paint, landscaping, or staging can shift perception and value.
- Partner with a local expert who understands Maui’s micro-markets, from Paia to Kula to West Maui.
Maui Market Breakdown
🏡 Single Family Homes
- Median Sales Price: $1,292,500 ⬇️ 9.5% from last year
- Average Sales Price: $1,763,585 ⬇️ 14.8% from last year
- Days on Market: 127 ⬆️ 10%
- Inventory: 439 homes ⬆️ 24%
- Months of Supply: 7.9 ⬆️ 39%
Maui’s single-family market is rebalancing after several years of steep appreciation. Increased inventory and longer market times reflect a transition toward more normal conditions, giving buyers space to make thoughtful decisions.
Implications For Buyers: Greater leverage and selection, especially in Upcountry and Central Maui. Expect motivated sellers and room for negotiation, particularly for homes that have been listed 90 days or longer.
For Sellers: Pricing in line with today’s buyer expectations is key. Homes with standout presentation, modern staging, strong curb appeal, and ocean or mountain views are still commanding premium prices.
🏢 Condominiums
- Median Sales Price: $655,000 ⬇️ 33.8% from last year
- Average Sales Price: $965,351 ⬇️ 12.4% from last year
- Days on Market: 126 ⬇️ 7%
- Inventory: 852 condos ⬆️ 19%
- Months of Supply: 14.8 ⬇️ 38%
The condo segment has cooled from its record-setting highs. The surge in listings, particularly in Apartment zoned vacation-rentals, has created real opportunities for buyers looking for income potential or secondary residences.
Implications For Buyers: You have time to evaluate rental performance and AOAO structures carefully. Favor listings with strong occupancy records and modern interiors to maximize returns.
For Sellers: Buyers are value-driven and comparing rental data more closely. Clear financial documentation and refreshed interiors will set your property apart in this more competitive market.
🌴 Vacant Land
- Median Sales Price: $905,000 ⬆️ 65% from last year
- Average Sales Price: $2,071,556 ⬆️ 33% from last year
- Sales Volume: $18.6 million ⬆️ 62% from last year
Confidence is returning to the land market. Activity is strongest in Kula, Haiku, and Wailea, where limited supply and stabilized building costs are motivating long-term investors and custom-home buyers.
Implications For Buyers Parcels with water meters or ocean views are selling first. Partner early with a builder or architect to lock in construction pricing before future cost increases.
For Sellers: Buyer demand is returning for high-quality, build-ready lots, especially those with existing infrastructure. Now is a strategic time to list while inventory remains limited in top locations.
📊 Data Source: REALTORS Association of Maui, September 2025 Market Statistics Report
The Two-Tier US Housing Market
Inventory is holding steady near 864,000 homes – about 18% higher than last year, but the national housing story is anything but uniform. Tight supply continues to define markets across the Midwest and Northeast, while the Sun Belt is seeing record-high levels of unsold homes.
Why It Matters
The national story is far from one-size-fits-all, some regions are heating up while others are cooling down.
Inside This Update
- Inventory and new listing trends
- Where price reductions are most common
- What’s happening with pending sales
- Early indicators for 2026 market movement
Chelsea’s Exclusive Listings
Kapalua – PLANTATION ESTATES
215 & 217 Plantation Club Dr.
4 BD/7 BA 8,186 SF 4.35 ACRES $26,000,000
Kuau Point
78 Aleiki Pl, Unit A
4 BD 3 BA 2,082 SF $2,795,000
Paia – ku’au DUPLEX
568 Hana Highway B
4 BD 4 BA 2016 SF $1,580,000
Kuau
81 Lae Street
3 BD 2 BA 1209 SF $1,289,000
Pending – Hale Kamaole
2737 South Kihei Road 3-251
2 BD 2 BA 1112 SF $1,050,000
Kihei – Hotel-Zoned penthouse
2387 South Kihei Road, Unit A403
1 BD 1 BA + LOFT 850 SF $1,099,000
South Kihei beach CONDO
2181 Ili’ili Road, Unit 202
2 BD 2 BA 717 SF $889,000
Ahana Hotel Zoned
4365 Lower Honoapiilani Road, Unit 1118
STUDIO 1 BA 431 SF $499,000
“My mission is to share knowledge so you can build wealth through real estate.”