As we reach the midpoint of 2025, Maui’s real estate market continues to shift toward more favorable conditions for buyers. Inventory is up, days on market are rising, and condo price corrections are creating clear opportunities.
But this isn’t a frozen market. Well-positioned properties are still moving—especially those priced right from day one. Today’s buyers are selective, data-driven, and patient—but they’re still writing offers when they see value. In this climate, skilled representation and strategic negotiation are everything.
Maui Single-Family Homes
📉 Median sales price: $1,315,000 (–5.7% YoY)
📈 Average sales price: $2,215,481 (+32.9%, driven by luxury sales)
📉 New listings: 86 (–23.9%)
📉 Closed sales: 66 (–1.5%)
📉 Pending sales: 50 (–3.8%)
📈 Active inventory: 442 homes (+25.9%)
📈 Average DOM: 143 days (+21.2%)
📈 Months of supply: 8.1 (+42.1%)
📉 % of list price received: 96.0% (–3.0%)
What it means:
Single-family home prices are softening slightly, but luxury sales are keeping averages high. Buyers are negotiating more, and sellers should expect longer timelines unless pricing is competitive and presentation is strong.
Maui Condos
📉 Median sales price: $700,000 (–28.6%)
📉 Average sales price: $1,311,671 (–6.6%)
📉 New listings: 127 (–8.6%)
📉 Closed sales: 56 (–5.1%)
📈 Pending sales: 54 (+3.8%)
📈 Active inventory: 884 condos (+30.0%)
📈 Average DOM: 125 days (+5.9%)
📈 Months of supply: 15.6 (+57.6%)
📉 % of list price received: 95.4% (–1.1%)
What it means:
Condos are leading the correction. But there’s movement—pending sales are up, signaling buyers are circling quality listings. Sellers who adapt to market expectations are seeing results.
📉 Single-family sales: Down 14.9%
📉 Condo sales: Down 28.8%
📈 Affordability: Improved, particularly in the condo market
The market isn’t stalled—it’s simply more deliberate. Buyers have more choices and leverage than they’ve had in years. Sellers, in turn, must price with precision and plan for extended timelines. In this moment, preparation and presentation matter more than ever.
🏝 Short-Term Rental Bill 9 Still Undecided
The Maui County Council began deliberations on Bill 9, which could phase out short-term rentals in apartment-zoned buildings (including Minatoya-listed properties). A vote was postponed after a closed executive session.
🔗 Read more: Maui Council Deliberates Bill 9 »
What this means:
Uncertainty is keeping buyers and sellers in a holding pattern in some areas. Clear representation and communication are key.
➡️ Learn about the Minatoya List »
A new federal tax bill passed in June includes:
🔗 Read more: Senate Passes Real Estate Tax Bill »
What this means:
Buyers from high-tax states see more incentive to invest in Maui. 1031 exchanges and write-offs are a major driver in the luxury and investor markets.
➡️Read our 1031 Exchange Guide »
🔗 AP News: Rates Dip to 6.67% »
What this means:
Even small dips spark buyer activity. Sellers must remain rate-conscious and lean into marketing and concessions.
➡️ Financing Strategies for Buyers »
📈 Strong U.S. Economy Keeps Rates Elevated
🔗 AP News: Economic Snapshot »
🔗 MarketWatch: National Pricing Trends »
For Buyers:
✅ You have more options and leverage.
📉 Condo prices have dropped significantly.
🔑 Be ready to act when the right property surfaces
For Sellers:
⏳ Expect longer DOM unless priced aggressively.
📦 Staging, photography, and pricing strategy are key.
🎯 The luxury segment is still moving, especially with tax clarity and pre-approved buyers.
📞 Ready to Navigate This Market with Confidence?
This is a moment of opportunity, not panic. With the right strategy, buyers and sellers can both win.
📞 Call us today at 808-217-8832