Maui's Resort Areas: a 9 Month Review of the Market for Condos and Homes
How the past nine months compare with the same period in the prior year
Maui has been slowly recovering in the wake of the tragic fire of August 8, 2023. Many buyers and sellers have asked me how the market is doing, so I've compiled some data for both condominium and home sales by area comparing the period from 8/8/23-5/8/24 with the same period in 22-23.
West and South Maui Condo Sales
The statistics show that sales are down primarily in West Maui, with the condominium market in Kapalua hit the hardest, with number of sales down -66% and dollar volume down 49%. with uncertainty regarding the future of Short Term Rentals in the apartment zone, we are seeing more sales
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