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

The October MAUI Real Estate Statistics report notes:

U.S. existing-home sales unexpectedly slipped 1.0% month-over-month and 3.5% year-over-year to a seasonally adjusted annual rate of 3.84 million, the lowest level in more than a decade, according to the National Association of REATORS® (NAR). Prospective buyers have pulled back in recent months, despite lower mortgage rates and more home choices compared to the same time last year.

New Listings decreased 4.8 percent for Single Family homes but increased 13.0 percent for Condominium homes. Pending Sales increased 24.0 percent for Single Family homes and 3.1 percent for Condominium homes.

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

WAILEA CONDOMINIUM MARKET UPDATE: Q1 2024

Wailea Resort Condominiums

Wailea Condominiums

Wailea is home to several different condominium resorts, including the Andaz, Grand Champions, Ho'olei, Kai Malu, Kanani Wailea, Keala O Wailea, Palms at Wailea, Wailea Palms, Makalii, Papali, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi, Wailea Ekolu, Wailea Elua, Wailea Fairway Villas, Wailea Point, and Wailea Town Center.

Makena is home to the Makena Golf & Beach Club, Makena Surf, Na Hale O Makena

WAILEA CONDOMINIUM MARKET UPDATE: Q2 2023 

Wailea Resort Condominiums

Wailea Condominiums

Wailea is home to several different condominium resorts, including the Andaz, Grand Champions, Ho'olei, Kai Malu, Kanani Wailea, Keala O Wailea, Palms at Wailea, Wailea Palms, Makalii, Papali, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi, Wailea Ekolu, Wailea Elua, Wailea Fairway Villas, Wailea Point, and Wailea Town Center.

Makena is home to the Makena Golf & Beach Club, Makena Surf, Na Hale O Makena

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

"New Listings decreased 39.3 percent for Single Family homes and 52.7 percent for Condominium homes.
Pending Sales decreased 30.7 percent for Single Family homes and 36.0 percent for Condominium homes.
Inventory increased 7.8 percent for Single Family homes and 9.7 percent for Condominium homes.
Median Sales Price increased 3.0 percent to $1,025,000 for Single Family homes and 9.7 percent to $800,000 for Condominium homes. Days on Market increased 10.7 percent for Single Family homes but decreased 31.5 percent for Condominium homes.
Months Supply of Inventory increased 45.0 percent for Single Family homes and 50.0 percent for Condominium

Market Spotlight: Wailea Beach Villas

The boutique condominium property at Wailea Beach Villas is one of Wailea's most desirable communities.  The Wailea Beach Villas is a gated community with 99 residences in 9 buildings situated on 10.7 acres.  The hotel zoning allows vacation rentals, which makes it a popular option for owners that want to offset their operating expenses when not in residence.  The spacious residences combined with a variety of amenities and tropically landscaped grounds accented by tiki torches have garnered awards and accolades from Conde Nast, TripAdvisor, Booking.com, and Trivago.  Guests have access to two pools, a fitness center, a business center, billiards and game room, concierge service, and one of Maui's most

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

Along with the rest of the country, Maui's real estate market has been far more active than last year during the pandemic.  

The report notes "Nationwide, existing home sales were down slightly in August, falling 2%after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9% compared to last year. Declining affordability has had a significant impact on homebuyers, many of whom have been priced out of the market and are choosing to wait for sales prices to

MAUI OCEANFRONT HOMES
Market Update, January 2020

View Goals!  1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street
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Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central Maui.  As you will see below, the home prices and activity tend to be highest in the resort areas of West and South Maui, and along the North Shore. 

There are broad fluctuations in price depending on whether the property is beachfront or oceanfront; whether it is on a rocky shoreline or cliffside without water access; and the age, condition and size of the home.  

Over the past five years, oceanfront home sales have consistently seen a volume of around

Where on Maui can you live like you're on vacation at a world-class luxury resort 365 days a year?  Well, it just so happens, Maui has 5 condominium communities in the resorts of Kaanapali, Kapalua and Wailea that have received the recognition by Forbes or AAA as leaders in Luxury Lodging. 

These properties are desirable for many of Maui's second home Buyers who would like the amenities of a luxury hotel (hello, room service!).  For those who are looking for a part-time residence, they offer an added bonus: the ability to rent their residence through an on-site rental management program known for offering accommodations that are maintained to the exacting standards of a luxury brand.

The following Maui luxury condominium resorts have been

MAUI REAL ESTATE STATISTICS: Jan-Sept 2017 vs. Jan-Sept 2016

THE CONDO AND HOME MARKETS | Key Metrics

Comparing key metrics through September 2017 Year Over Year with 2016:

While there are more new home listings, there were fewer new condo listings through Sept. 2017.  Other key indicators show increases in Pending Sales, Number of Sales, Median Sales Prices, and Average Sales Prices, while Days on Market till closing is down.  Our busy season begins in Mid Nov, tends to quiet down first two weeks of December, and then remains active