Maui Real Estate Statistics: February, 2025

Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 

The Maui Real Estate Report for the second month of 2025 notes:

U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase.

New Listings increased 4.3 percent for Single Family homes but decreased 7.8 percent for Condominium homes. Pending Sales decreased 11.3 percent for Single Family homes and 38.7 percent for Condominium homes. Inventory increased 58.0 percent for Single Family homes and 97.9 percent for Condominium homes.

Median Sales Price increased 9.7 percent to $1,395,319 for Single Family homes and 27.7 percent to $945,000 for Condominium homes. Days on Market decreased 3.1 percent for Single Family homes but increased 85.9 percent for Condominium homes. Months Supply of Inventory increased 71.4 percent for Single Family homes and 167.3 percent for Condominium homes.

The limited number of properties for sale has continued to push home prices higher nationwide. At last measure, the national median existinghome price was $396,900, a 4.8% increase from one year earlier, with prices up in all four regions, according to NAR. Meanwhile, total housing inventory heading into February stood at 1.18 million units, up 3.5% monthover-month and 16.8% year-over-year, for a 3.5-month supply at the current sales pace.

MAUI HOMES: ACTIVE LISTINGS, PENDING SALES, AND SALES*

Active Listings (up since last month): 377 homes from $250,000 for a home in Kula with a life estate deed to $75,000,000 for Hana Ranch, followed by $65,000,000 for a home for sale in on Keawakapu Beach 
Pending: 115 homes from $583,000 for a home in Wailuku to $8,600,000 for a home in Mahana Estates in Kapalua.
Sold (2025): 108 homes from $500,000 for a home in Hawaiian Homelands in Kula to $14,470,000 for a home in One Palauea Bay.  The median sale price is $1,300,500 and the average is $1,823,027

MAUI CONDOS: ACTIVE LISTINGS, PENDING SALES, AND SALES 

Active Listings (up since last month):  781 condos listed from $175,000 for a condo in Kahului to $16,500,000 for a condominium residence at Wailea Point
Pending: 88 condos pending, ranging from $249,000 for a condo in Honokowai to $13,900,000 condo at Wailea Point.
Sold (2025): 112 condos sold, ranging from $190,000 for a condo in Kahului to $5,500,000 for a condo at the Ironwoods in Kapalua.

This continued increase in listing inventory is likely affected to the proposed changes to Maui County's Short Term Rental rules and regulations.  

MAUI LAND: ACTIVE LISTINGS, PENDING SALES, AND SALES 

Active Listings (up since last month): 139 parcels from $299,000 in Pukalani to $38,000,000 for 9 lots covering 258 acres up in Makawao,
Pending: 27 lots from $299,000 in Hana to $10,500,000 for a 5 parcels sold together totaling 40.25 Upcountry 
Sold (2025): 19 parcels which sold anywhere from $20,000 for a driveway lot in West Maui to $10,900,000 for a Kaanapali beachfront lot located on Kai Ala Place.

*Molokai and Lanai are not included in the above-written summaries, although they are a part of Maui County.  This data is taken from the MLS on the date of this post was written, 3/6/25

Read the full report and see how it compares to prior years here: Maui Real Estate Statistics