Maui Real Estate Blog, News, Sales Trends, & More

You’ll find our Maui Blog to be a wealth of information, covering everything from homes, condos, and land for sale, local market statistics, average sale prices, median sale prices, community events, restaurants, beaches, and things to do on Maui. We love Maui and want to share our knowledge and experience. Please reach out if you have any questions at all. We’d love to talk with you!

Maui Real Estate News and Trends

Maui Real Estate News and Trends

 

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Maui - Things To Do

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March 31, 2020

Maui Hawaii Real Estate Market Report For Condominiums March, 2020

Maui Condo Report For March 2020:

This is the March, 2020 condominium market report for condos sold on Maui Hawaii through February, 2020.

In February 133 condominiums sold on Maui with a median price of $555,000 and an average price of $663,474. At the end of February there were 448 condominiums for sale on Maui which is approximately 3.4 months of inventory. Kihei had the highest number of sold condos with 46 in February while Kapalua had the highest median sale price for sold condos with a median sale price of $4,200,000 in February. (One condo sold in Kapalua during February.)

*With it being two month into the year there is not enough data to support any new trends. 

**COVID-19 will likely have an impact on the Maui Real Estate Market. It is too early to tell how it may affect the local housing market. With Real Estate Agents currently considered nonessential throughout Maui County no showings of homes or condominiums are currently allowed. This will affect pending condo sales for March, 2020 and closed sales starting in April, 2020. We will likely see a decrease in listings starting in March as well as an increase in listings being taken off the market temporarily or canceled. It may take 30 to 60 days to see the affect COVID-19 will have on the Maui real estate market.

 

Maui Condo Sales Year To Date: Through February 261 total condos have sold on Maui with a median price of $555,000 and an average price of $684,130. This includes both fee simple and leasehold condos. The median sale price has increased 7.7% during 2020. The average sale price has decreased 2.4% during 2020. Kihei has the highest number of sold condos during 2020 with 89 total sales while Kapalua has the highest median sale price for sold condos with a median sale price of $1,200,000 during 2020. The average Days On Market for sold condominiums on Maui is 131 during 2020. Maui condos have sold for an average of 97.4% of list price during 2020.

 

2019 Maui Condo Sales: 1,606 total condos sold on Maui with a median price of $515,500 and an average price of $700,943. This includes both fee simple and leasehold condos. The median sale price increased 3.1% during 2019. The average sale price decreased 3.1% during 2019. Kihei had the highest number of sold condos during 2019 with 643 total sales while Wailea/Makena had the highest median sale price for sold condos with a median sale price of $1,199,000 during 2019. 

 

Maui Fee Simple Condo Sales Year To Date: Through February, 235 total fee simple condos have sold on Maui with a median price of $599,000 and an average price of $717,285. The median sale price for fee simple condos has increased 14.1% during 2020. The average sale price for fee simple condos has decreased .4% during 2020. Kihei has the highest number of sold fee simple condos through February 2020 with 87 total sales while Kapalua has the highest median sale price for sold fee simple condos with a median sale price of $1,200,000 through February 2020.

 

2019 Fee Simple Maui Condo Sales: 1,536 total fee simple condos sold on Maui with a median price of $525,000 and an average price of $720,007. The median sale price for fee simple condominiums increased 3.1% during 2019. The average sale price for fee simple condominiums decreased 3.1% during 2019. Kihei had the highest number of sold fee simple condos during 2019 with 637 total sales while Wailea/Makena had the highest median sale price for sold fee simple condos with a median sale price of $1,199,000 during 2019.

 

Maui Leasehold Condo Sales Year To Date: Through February, 26 total leasehold condos have sold on Maui with a median price of $309,250 and an average price of $384,462. Napili/Kahana/Honokowai has the highest number of sold leasehold condos through January 2020 with 11 total sales while Kaanapali has the highest median sale price for sold leasehold condos with a median sale price of $345,000 through February, 2020.

 

2019 Leasehold Maui Condo Sales: 70 total leasehold condos sold on Maui with a median price of $237,500 and an average price of $282,624. Napili/Kahana/Honokowai had the highest number of sold leasehold condos during 2019 with 37 total sales while Kihei had the highest median sale price for sold leasehold condos with a median sale price of $480,950 during 2019.

 

Maui Condo Sales February, 2020:

Maui sales activity for condominiums sold during February 2020. Maui condo Realtor Jesse Coffey.

Maui Condo Sales Year To Date Through February, 2020:

Maui sales activity for condominiums sold through February 2020. Maui condo Realtor Jesse Coffey.

Maui Fee Simple Condo Sales Year To Date Through February, 2020:

Maui sales activity for fee simple condominiums sold through February 2020. Maui condo Realtor Jesse Coffey.

Maui Leasehold Condo Sales Year To Date Through February, 2020:

Maui sales activity for leasehold condominiums sold through February 2020. Maui condo Realtor Jesse Coffey.

Maui Condo Search

March 31, 2020

Maui Hawaii Real Estate Market Report For Single Family Homes March, 2020

Maui Single Family Home Report For March, 2020:

This is the March, 2020 real estate market report for single family homes sold on Maui Hawaii through February, 2020.

In February 83 single family homes sold on Maui with a median price of $747,150 and an average price of $976,365. At the end of February there were 456 single family homes for sale on Maui which is approximately 4.6 months of inventory. Wailuku had the highest number of sold homes with 23 in February while Kapalua had the highest median sale price for sold homes with a median sale price of $2,450,000 in February.(Only 1 home sold in Kapalua during February, 2020)

Through February, 168 single family homes have sold on Maui with a median price of $754,180 and an average price of $970,705. The median sale price has increased 1.7% during 2020. The average sale price has decreased 10.25% during 2020. Wailuku has the highest number of sold homes with 48 in 2020. Kapalua has the highest median sale price for sold homes with a median sale price of $2,235,000 in 2020. The average Days On Market for sold homes on Maui is 145 during 2020. Maui homes are selling for an average of 97.6% of list price during 2020. With it being two months into the year there is not enough data to support any new trends. 

2019 Maui Single Family Homes: 1,117 single family homes sold on Maui with a median price of $741,355 and an average price of $1,081,560. The median sale price increased 4.4% during 2019. The average sale price increased 5.7% during 2019. Wailuku had the highest number of sold homes during 2019 with 248 total sales while Kapalua had the highest median sale price for sold homes with a median sale price of $2,550,000 through during 2019. The average Days On Market for sold homes during 2019 was 133 days. Homes sold for an average of 96.7% of list price during 2019.

*It is common for home and condo prices to increase this time of year due to it being peak season for Maui.

**COVID-19 will likely have an impact on the Maui Real Estate Market. It is too early to tell how it may affect the local housing market. With Real Estate Agents currently considered nonessential throughout Maui County no showings of homes or condominiums are currently allowed. This will affect pending home sales for March, 2020 and closed sales starting in April, 2020. We will likely see a decrease in listings starting in March as well as an increase in listings being taken off the market temporarily or canceled. It may take 30 to 60 days to see the affect COVID-19 will have on the Maui real estate market.

Maui Home Sales February, 2020:

Maui Single Family home sales February 2020.

Maui Home Sales Year To Date Through February, 2020:

Maui Hawaii single family home sale statistics through February 2020.

Maui Home Search

March 31, 2020

Maui Hawaii Real Estate Market Report March, 2020

Here are the island wide Maui sales stats for homes and condos for March, 2020. The sales stats are for homes and condominiums sold on Maui through February, 2020. The amount of single family homes that sold in February decreased slightly compared to January. During February the median sale price for homes decreased slightly. The amount of condominiums that sold in February was slightly higher compared to January. During February the median sale price for condominiums was unchanged. 

*It is common for home and condo prices to increase this time of year due to it being peak season for Maui.

**COVID-19 will likely have an impact on the Maui Real Estate Market. It is too early to tell how it may affect the local housing market. With Real Estate Agents currently considered nonessential throughout Maui County no showings of homes or condominiums are currently allowed. This will affect pending sales for March, 2020 and closed sales starting in April, 2020. We will likely see a decrease in listings starting in March as well as an increase in listings being taken off the market temporarily or canceled. It may take 30 to 60 days to see the affect COVID-19 will have on the Maui real estate market.

Single Family Homes:

In February 83 single family homes sold with a median price of $747,150 and an average price of $976,365. At the end of February there were 456 single family homes for sale on Maui which is approximately 4.6 months of inventory.

Through February 168 single family homes have sold with a median price of $754,180 and an average price of $970,705. The median sale price has increased 1.7% during 2020. The average sale price has decreased 10.25% during 2020. The average Days On Market for sold homes on Maui is 145 during 2020. Maui homes are selling for an average of 97.6% of list price during 2020. With it being two months into the year there is not enough data to support any new trends. 

2019 Home Sales: 1,117 single family homes sold with a median price of $741,355 and an average price of $1,081,560. The median sale price increased 4.4% during 2019. The average sale price increased 5.4% during 2019. The average Days On Market for sold homes on Maui was 133 during 2019. Maui homes sold for an average of 96.7% of list price during 2019.

Condominiums:

In February 133 condominiums sold with a median price of $569,000 and an average price of $663,474. At the end of February there were 448 condominiums for sale on Maui which is approximately 3.4 months of inventory.

Through February 261 condominiums have sold with a median price of $555,000 and an average price of $684,130. The median sale price has increased 7.7% during 2020. The average sale price has decreased 2.4% during 2020. The average Days On Market for sold condominiums on Maui is 131 during 2020. Maui condos have sold for an average of 97.6% of list price during 2020. With it being two months into the year there is not enough data to support any new trends. 

2019 Condo Sales: 1,606 condominiums sold with a median price of $515,500 and an average price of $700,943. The median sale price increased 3.1% during 2019. The average sale price decreased 3.1% during 2019. The average Days On Market for sold condominiums on Maui was 138 during 2019. Maui condos sold for an average of 97.7% of list price during 2019.

Maui Hawaii home and condominium sales stats for February 2020.

Maui Real Estate Search

March 3, 2020

The 10 Most Expensive Condominiums For Sale On Maui March 2020

The ten most expensive luxury condominiums for sale on Maui Hawaii March, 2020. These luxury condos have list prices ranging from $6.3M to $18M. Eight of the condos are located on South Maui in Makena and Wailea. Most are located at Wailea Point, one at Makena Surf, one at Makena Beach Villas, and one at the Andaz Residences. The remaining two condos are located on West Maui. Both are at the Montage Residences Kapalua Bay. There is no shortage of unique luxury properties on the beautiful island of Maui!

Please click the link below to view all the photos and detailed information about each property.

The Top 10 Most Expensive Condos Currently For Sale On Maui:

The Top 10 Most Expensive Condos Currently For Sale On Maui:

*Information for these properties has been provided by the Realtors Association Of Maui and the Paragon MLS which I am a member of. I am not the listing agent of these condos.*

March 3, 2020

The Most Expensive Condominium For Sale On Maui March 2020

The most expensive condominium located for sale on the beautiful island of Maui Hawaii March, 2020.
This luxury condo is located on the South Shore of Maui in Wailea at the Wailea Point development. The
amazing oceanfront condo is currently listed at $17,995,000 and features 3 bedrooms and 3 bathrooms
with stunning views. Per the MLS listing the condo was originally built in 1986 and remodeled in 2013.
The initial list price was $17,995,000. No price reductions have been completed at the time of this post. 
This condo has been on the market for 109 days at the time of this post.
The previous listing for this condo was canceled August 30, 2019 after 317 days on market. During the
317 days that the condo was previous listed it was reduced one time from $25,000,000 to $19,995,000.
Between February 5, 2016 and today the condo has been listed for sale five times with two different
Realtors. During this period the condo has been on the market a total of 1,174 days.
Please click the link below to see more information and photos of this condominium.
*Information for this property has been provided by the Realtors Association Of Maui and the
Paragon MLS which I am a member of. I am not the listing agent of this condominium.*
March 3, 2020

The 10 Most Expensive Homes For Sale On Maui March 2020

The ten most expensive homes for sale on Maui Hawaii March, 2020. These luxury homes have list prices ranging from $12.8M to $37.5M. Six of the homes are located on South Maui in Makena, Wailea, and Kaimanu Estates. Three of the homes, including the most expensive home for sale on Maui are located on West Maui. Two in Kapalua and one in Kaanapali. One of the homes is located on Central Maui in Wailuku. There is no shortage of unique luxury properties on the beautiful island of Maui!

Please click the link below to view all the photos and detailed information about each property.

The Top 10 Most Expensive Homes Currently For Sale On Maui:

The Top 10 Most Expensive Homes Currently For Sale On Maui:

 

*Information for these properties has been provided by the Realtors Association Of Maui and the
Paragon MLS which I am a member of. I am not the listing agent of these homes.*
March 3, 2020

The Most Expensive Home For Sale On Maui March 2020

The most expensive home for sale located on the beautiful island of Maui Hawaii March, 2020.
This luxury estate is located on the Westside of Maui in Kapalua at 9 Bay Dr. The amazing oceanfront
home is currently listed at $37,500,000 and features 8 bedrooms and 8.5 bathrooms with stunning
views. Per MLS the home was originally built in 1996 and remodeled in 2017. The initial list price
was $37,500,000. The home has been on the market for 120 day at the time of this post. 
The previous listing expired November 4, 2019 and was with another broker. The previous listing was
active starting August 3, 2018 and after 458 days the listing expired on November 4, 2019. During the
entire 458 days that the home was previous listed it had a list price of $49,000,000. There were no price
adjustments during this listing period. In the expired MLS listing the remodel year is noted as 2016.
As of this post this home has been listed for sale 578 days out of the last 579 days.
Please click the link below to see more information and photos of this home. 
*Information for this property has been provided by the Realtors Association Of Maui and the
Paragon MLS which I am a member of. I am not the listing agent of this home.*
Feb. 27, 2020

Maui Hawaii Real Estate Market Report For Land February 2020

Maui Land Report For February, 2020:

This is the February, 2020 market report for land sold on Maui Hawaii during January, 2020.

In January 10 parcels of land sold on Maui with a median price of $365,000. At the end of January there were 312 parcels of land for sale on Maui. Haiku, Hana, and Kula/Ulupalakua/Kanaio had the highest number of sold vacant parcels with 2 sold properties for each area during January. The Kula/Ulupalakua/Kanaio area had the highest median sale price for sold vacant land on Maui with a median sale price of $629,425 in January.

In 2019, 176 parcels of land sold on Maui with a median price of $500,000 and an average price of $929,401. The median sale price for land on Maui increased 3.6% during 2019. Haiku had the highest number of sold vacant land during 2019 with 39 total sales while Lahaina had the highest median sale price for sold vacant land with a median sale price of $1,650,000 during 2019.

Maui Land Sales January, 2020:

Maui sales activity for land January 2020. Maui land Realtor Jesse Coffey.

Maui Land Sales Year To Date Through January, 2020:

Maui sales activity for land sold during 2020. Maui land Realtor Jesse Coffey.

 

Maui Land For Sale

Feb. 25, 2020

Maui Hawaii Real Estate Market Report For Condominiums February, 2020

Maui Condo Report For February 2020:

This is the February, 2020 condominium market report for condos sold on Maui Hawaii during January, 2020.

In January 127 condominiums sold on Maui with a median price of $569,000 and an average price of $708,570. At the end of January there were 473 condominiums for sale on Maui which is approximately 3.6 months of inventory. Kihei had the highest number of sold condos with 42 in January while Wailea/Makena had the highest median sale price for sold condos with a median sale price of $1,150,000 in January. 

*With it being one month into the year there is not enough data to support any new trends. More that likely we will similar appreciation in condominium values as we saw during 2019. 

 

Maui Condo Sales Year To Date: Through January 127 total condos have sold on Maui with a median price of $569,000 and an average price of $708,570. This includes both fee simple and leasehold condos. The median sale price has increased 10.4% during 2020. The average sale price has increased 1.1% during 2020. Kihei has the highest number of sold condos during 2020 with 42 total sales while Wailea/Makena has the highest median sale price for sold condos with a median sale price of $1,150,000 during 2020. The average Days On Market for sold condominiums on Maui is 133 during 2020. Maui condos have sold for an average of 97.2% of list price during 2020.

*With it being one month into the year there is not enough data to support any new trends. More that likely we will similar appreciation in condominium values as we saw during 2019. 

 

2019 Maui Condo Sales: 1,606 total condos sold on Maui with a median price of $515,500 and an average price of $700,943. This includes both fee simple and leasehold condos. The median sale price increased 3.1% during 2019. The average sale price decreased 3.1% during 2019. Kihei had the highest number of sold condos during 2019 with 643 total sales while Wailea/Makena had the highest median sale price for sold condos with a median sale price of $1,199,000 during 2019. 

 

Maui Fee Simple Condo Sales Year To Date: Through January, 114 total fee simple condos have sold on Maui with a median price of $597,500 and an average price of $738,824. The median sale price for fee simple condos has increased 13.8% during 2020. The average sale price for fee simple condos has increased 4.2% during 2020. Kihei has the highest number of sold fee simple condos through January 2020 with 41 total sales while Wailea/Makena has the highest median sale price for sold fee simple condos with a median sale price of $1,150,000 through January 2020.

 

2019 Fee Simple Maui Condo Sales: 1,536 total fee simple condos sold on Maui with a median price of $525,000 and an average price of $720,007. The median sale price for fee simple condominiums increased 3.1% during 2019. The average sale price for fee simple condominiums decreased 3.1% during 2019. Kihei had the highest number of sold fee simple condos during 2019 with 637 total sales while Wailea/Makena had the highest median sale price for sold fee simple condos with a median sale price of $1,199,000 during 2019.

 

Maui Leasehold Condo Sales Year To Date: Through January, 13 total leasehold condos have sold on Maui with a median price of $319,000 and an average price of $443,269. Napili/Kahana/Honokowai has the highest number of sold leasehold condos through January 2020 with 6 total sales while Maalaea has the highest median sale price for sold leasehold condos with a median sale price of $328,000 through January, 2020.

 

2019 Leasehold Maui Condo Sales: 70 total leasehold condos sold on Maui with a median price of $237,500 and an average price of $282,624. Napili/Kahana/Honokowai had the highest number of sold leasehold condos during 2019 with 37 total sales while Kihei had the highest median sale price for sold leasehold condos with a median sale price of $480,950 during 2019.

 

Maui Condo Sales January, 2020:

Maui sales activity for condominiums sold during January 2020. Maui condo Realtor Jesse Coffey.

Maui Condo Sales Year To Date Through January, 2020:

Maui sales activity for condominiums sold during 2020. Maui condo Realtor Jesse Coffey.

Maui Fee Simple Condo Sales Year To Date Through January, 2020:

Maui sales activity for fee simple condominiums sold during 2020. Maui condo Realtor Jesse Coffey.

Maui Leasehold Condo Sales Year To Date Through January, 2020:

Maui sales activity for leasehold condominiums sold during 2020. Maui condo Realtor Jesse Coffey.

Maui Condo Search

Feb. 25, 2020

Maui Hawaii Real Estate Market Report For Single Family Homes February, 2020

Maui Single Family Home Report For February, 2020:

This is the February, 2020 real estate market report for single family homes sold on Maui Hawaii during January, 2020.

In January 84 single family homes sold on Maui with a median price of $782,438 and an average price of $970,974. At the end of January there were 473 single family homes for sale on Maui which is approximately 4.9 months of inventory. Wailuku had the highest number of sold homes with 24 in January while Kaanapali had the highest median sale price for sold homes with a median sale price of $2,100,000 in January.

Through January, 84 single family homes have sold with a median price of $782,438 and an average price of $970,974. The median sale price has increased 5.5% during 2020. The average sale price has decreased 10.2% during 2020. Wailuku had the highest number of sold homes with 24 in 2020. Kaanapali has the highest median sale price for sold homes with a median sale price of $2,100,000 in 2020. The average Days On Market for sold homes on Maui is 155 during 2020. Maui homes are selling for an average of 96.9% of list price during 2020. With it being one month into the year there is not enough data to support any new trends. More that likely we will similar appreciation in home values as we saw during 2019. 

2019 Maui Single Family Homes: 1,117 single family homes sold on Maui with a median price of $741,355 and an average price of $1,081,560. The median sale price increased 4.4% during 2019. The average sale price increased 5.7% during 2019. Wailuku had the highest number of sold homes during 2019 with 248 total sales while Kapalua had the highest median sale price for sold homes with a median sale price of $2,550,000 through during 2019. The average Days On Market for sold homes during 2019 was 133 days. Homes sold for an average of 96.7% of list price during 2019.

Maui Home Sales January, 2020:

Maui Single Family home sales January 2020.

Maui Home Sales Year To Date Through January, 2020:

Maui single family home sale statistics for 2020.

Maui Home Search