Maui Real Estate Statistics | January 2025

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

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

U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-over-year, driven largely by purchases of homes priced $500,000 and above. Month-over-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains.

New Listings decreased 6.4 percent for Single Family homes but increased 8.6 percent for Condominium homes. Pending Sales decreased 34.2 percent for Single Family homes and 29.8 percent for Condominium homes. Inventory increased 61.6 percent for Single Family homes and 108.3 percent for Condominium homes.

Median Sales Price decreased 11.6 percent to $1,187,500 for Single Family homes and 15.6 percent to $675,000 for Condominium homes. Days on Market increased 3.5 percent for Single Family homes and 81.8 percent for Condominium homes. Months Supply of Inventory increased 78.9 percent for Single Family homes and 164.0 percent for Condominium homes.

According to NAR, total housing inventory was 1.15 million units heading into January, a 13.5% decrease from the previous month but a 16.2% increase from the same period one year earlier, for a 3.3-month supply at the current sales pace. Housing supply remains down compared to prepandemic levels, and the limited number of homes on the market continues to push sales prices higher nationwide, with the median existing-home price rising 6% year-over-year to $404,400.

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

Active Listings: 367 homes from $489,900 in Keanae to $75,000,000 for Hana Ranch, followed by $33,900,000 for a home for sale in Makena.  
Pending: 93 homes from $630,000 for a home in Wailuku to $9,975,000 for a home in Kula.
Sold (2025): 60 homes from $500,000 for a home in Hawaiian Homelands in Kula to $6,000,000 for a beachfront home in Kihei.  The median sale price is $1,262,500 and the average is $1,513,718

MAUI CONDOS: ACTIVE LISTINGS, PENDING SALES, AND SALES 

Active Listings:  753 condos listed from $175,000 for a condo in Honokoawai to $16,500,000 for a condominium residence at Wailea Point
Pending: 87 condos pending, ranging from $299,000 for a condo in Wailuku to $13,900,000 condo at Wailea Point.
Sold (2025): 59 condos sold, ranging from $350,000 for a condo at Paki Maui to $4,200,000 for a condo at Papali Wailea

This continued increase in listing inventory and leveling off in pending sales 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: 132 parcels from $325,000 in Kahului to $12,500,000 for an ocean view home site at Maluaka in Makena
Pending: 28 lots from $449,000 in Kula to $10,995,000 for a parcel in Makena
Sold (2025): 11 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, 2/6/25

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