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

 

Maui Hawaii Homes, Land, and Condos For Sale

West Maui Homes, Land, and Condos For Sale

South Maui Homes, Land, and Condos For Sale

Central Maui Homes, Land, and Condos For Sale

Upcountry Maui Homes, Land, and Condos For Sale

North Shore Maui Homes, Land, and Condos For Sale

East Maui Homes, Land, and Condos For Sale

 

Maui Hawaii Restaurants

West Maui Restaurants

South Maui Restaurants

Central Maui Restaurants

Upcountry Maui Restaurants

North Shore Maui Restaurants

East Maui Restaurants

 

Maui Hawaii Beaches

West Maui Beaches

South Maui Beaches

North Shore Maui Beaches

East Maui Beaches

 

Maui - Things To Do

West Maui things to do

South Maui things to do

Central Maui things to do

Upcountry Maui things to do

North Shore Maui things to do

East Maui things to do

 

April 7, 2021

Maui Hawaii Real Estate Market Report April, 2021

Here are the island wide Maui sales stats for homes and condos for April, 2021. The sales stats are for homes and condominiums sold on Maui through March 2021. The amount of single family homes that sold in March was higher compared to February and was 34.1% higher than March 2020. During March the median sale price for homes increased compared to February. Inventory for single family homes has continued to remain low which is fueling demand and a steady increase in values into 2021. The amount of condominiums that sold in March increased significantly compared to February and was 42.2% higher than March 2020. During March the median sale price for condos increased significantly compared to February. The Maui condominium market has rebounded significantly since late summer 2020 and available inventory has officially dropped below pre-covid levels.

Single Family Homes:

In March 122 single family homes sold on Maui with a median price of $980,000 and an average price of $1,552,328. At the end of March there were 221 single family homes for sale on Maui which is approximately 2.1 months of inventory. During March 2020 there were 481 homes for sale. The amount of homes for sale on Maui has decreased 54.1% over the past year. Demand for Maui homes is high and inventory is low. This is pushing values up.

**We are three months into the new year and the current median and average prices mean very little and should decrease as we move through the year. The Maui housing market is very hot at the moment.**

Through March 324 single family homes have sold on Maui with a median price of $952,000 and an average price of $1,623,394. The median sale price has increased 19.7% during 2021. The average sale price has increased 38%% during 2021. The average Days On Market for sold homes on Maui is 132 during 2021. Maui homes are selling for an average of 98% of list price during 2021.

**We are two months into the new year and the current median and average prices mean very little and should decrease as we move through the year. With that being said, the Maui housing market is very hot right now.**

2020 Maui Home Sales: 1,055 single family homes sold with a median price of $795,575 and an average price of $1,175,950. The median sale price increased 7.3% during 2020. The average sale price increased 8.7% during 2020. The average Days On Market for sold homes on Maui was 135 during 2020. Maui homes sold for an average of 97% of list price during 2020.

2019 Maui 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 March 229 condominiums sold on Maui with a median price of $640,000 and an average price of $978,643. At the end of March there were 359 condominiums for sale on Maui which is approximately 2.6 months of inventory. The amount of condominiums for sale on Maui has decreased 37.7% over the past year. The last three months of 2020 and the first three months of 2021 were the best months for condominium sales on Maui since the start of COVID. 

Through March 511 condominiums have sold on Maui with a median price of $599,000 and an average price of $886,371. The median sale price has increased 5.1% during 2021. The average sale price has increased 8.9% during 2021. The average Days On Market for sold condominiums on Maui is 143 during 2021. Maui condos have sold for an average of 97.3% of list price during 2021.

2020 Maui Condo Sales: 1,336 condominiums sold with a median price of $570,000 and an average price of $813,762. The median sale price increased 10.6% during 2020. The average sale price increased 16.1% during 2020. The average Days On Market for sold condominiums on Maui was 142 during 2020. Maui condos sold for an average of 97.3% of list price during 2020.

2019 Maui 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 7.7% during 2019. The average sale price increased 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 97.5% of list price during 2019.

 

*COVID-19 continues to impact the Maui Real Estate Market. Initially the impact was quite significant. Both home sales and condominium sales on Maui decreased dramatically. After a few months home sales rebounded and the single family home market has remained a strong sellers market due to low inventory and low interest rates. Condominium sales on Maui took longer to recover. It looked bad for the condo market on Maui through Spring and into late Summer as sales lagged and inventory soared. Inventory increased dramatically, but we saw condo sales activity start to improve in late summer. During the final quarter of 2020 the Maui condo market was very strong and we saw condo sales outperform the final quarter of 2019. Both home values and condominium values increased on Maui during 2020.

**Tourism on Maui opened back up starting October 15, 2020. If all goes well it may take as many as three years for tourism to return to pre COVID levels. We have just recently started to see an improvement in the Maui condominium market even with tourism slowly returning. February data showed that occupancy at resorts was down over 49.5% and occupancy at vacation condos was down over 35.1% compared to February 2020.

Maui Hawaii home and condominium sales stats for March 2021.

Maui Real Estate Search

April 6, 2021

The 10 Least Expensive Condominiums For Sale On Maui April 2021

The ten least expensive fee simple condominiums for sale on Maui Hawaii April, 2021. These condos have list prices ranging from $149,500 to $242,900. All ten of the condos are located on Central Maui in Kahului and Wailuku. Eight of the condominiums are located at the Harbor Lights development in Kahului. One of the condominiums is located at the Puuone Terrace development in Wailuku. One of the condominiums is located at the Puuone Hale Alii development in Wailuku. Some of these condos are in need of updating and repairs. Others are in need of being fully remodeled. Several are updated and turnkey These condos can be great options for entry level buyers and investors. There are affordable condominiums for sale on Maui.

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

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

Listing courtesy of Berkshire Hathaway Maui Prop-L.

View the ten least expensive Leasehold 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.*

April 6, 2021

The Least Expensive Condominium For Sale On Maui April 2021

The least expensive fee simple condominium for sale located on the beautiful island of Maui
Hawaii April 2021. This affordable condo is located on Central Maui in Kahului. It is located in
the Harbor Lights development. The condo is currently listed at $149,500 and features 2 bedroom,
1.5 bathrooms, and is 787 square feet. There is no indication of when it was last updated. Per the
MLS listing there are newer appliances. The initial list price was $149,500 and the property was
listed October, 29, 2020. It quickly went into contract on November 12, 2020. It fell out of
contract on February 27, 2021. Including the pending escrow period this condominium has been
on the market a total of 159 days.
The Harbor Lights development was built in 1974. To view more condominiums for sale in the
Harbor Lights development click the link below.
Please click the link below to see more information and photos of this condominium.

The Least Expensive Fee Simple Condo Currently For Sale On Maui:

111 KAHULUI BEACH Unit B401, Kahului image

 

View the least expensive Leasehold Condo currently for sale on Maui:

*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 condo.*
April 6, 2021

The 10 Least Expensive Homes For Sale On Maui April 2021

The ten least expensive homes for sale on Maui Hawaii April, 2021. These homes have list prices ranging from $390,000 to $700,000. Four of the homes are located Upcountry in Makawao, Pukalani, and Kula. Four of the homes are located on Central Maui in Wailuku and Kahului. One of the homes is located on South Maui in Kihei. One of the homes is located on East Maui in Nahiku. Many of the home are in need of updating and repairs. Others are in need of being fully remodeled or torn down. These homes can be great options for entry level buyers and investors. Some need cosmetic updates and others are fixers. There are affordable homes for sale on Maui if you are open to a property needing a little TLC.

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

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

 

The Top 10 Least 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.*

April 6, 2021

The Least Expensive Home For Sale On Maui April 2021

The least expensive home for sale located on the beautiful island of Maui Hawaii April, 2021.
This property is located on Upcountry Maui in Kula. The home is one bedroom and one bathroom
and sits on almost 1 acre of land. The property is in need of tlc. The initial list price is $390,000. 
The home has been on the market for 56 days at the time of this post. This is a Hawaiian Home
Lands property and the land is Leasehold ownership. 
In order to purchase this home you must qualify for the Hawaiian Home Lands program and be on
the Hawaiian Home Lands waitlist.
Please click the link below to see more information and photos of this home. 
April 6, 2021

The 10 Most Expensive Condominiums For Sale On Maui April 2021

The ten most expensive luxury condominiums for sale on Maui Hawaii April, 2021. These luxury condos have list prices ranging from $6M to $14.9M. Six of the condos are located on South Maui in Makena and Wailea. Two are located at Wailea Point, three at Wailea Beach Villas, and one at the Andaz Residences. The remaining four luxury condos are located on West Maui. All four are at the Montage Residences Kapalua Bay in Kapalua. 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 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.*
April 6, 2021

The Most Expensive Condominium For Sale On Maui April 2021

The most expensive condominium located for sale on the beautiful island of Maui Hawaii April 2021.
This luxury condo is located on the South Shore of Maui in Wailea at the oceanfront Wailea Beach Villas
development. This amazing oceanfront condo is ground level and currently listed at $14,250,000 and
features 3 bedrooms and 3.5 bathrooms with stunning views. Per the MLS listing the condo was originally
built in 2005. The initial list price was $14,250,000. The condo has been on the market for 22 days at the
time of this post.
The current owners paid $7,800,000 in October, 2008.
Please click the link below to see more information and photos of this condominium.
April 6, 2021

The 10 Most Expensive Homes For Sale On Maui April 2021

The ten most expensive homes for sale on Maui Hawaii April, 2021. These luxury homes have list prices ranging from $12M to $28.9M. Six of the homes are located on South Maui in Kihei, Makena, and Wailea. One home is located on West Maui in Kahana. Two homes are located on North Shore Maui in Paia and Haiku. One home is located on Central Maui 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

 

*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.*
April 6, 2021

The Most Expensive Home For Sale On Maui April 2021

The most expensive home for sale located on the beautiful island of Maui Hawaii April, 2021.
This luxury estate is located on the South Shore of Maui in Makena at 5022 Makena Rd. The amazing
oceanfront home is currently listed at $28,900,000 and features 5 bedrooms and 5.5 bathrooms with
stunning views. Per MLS, the home was originally built in 2020. The total lot size is 1.5 acres which
encompasses two individual lots. The primary lot is .9419 acres. The initial list price is $28,900,000.
The home has been on the market for 22 days at the time of this post. 
Please click the link below to see more information and photos of this home. 
5022 Makena, Kihei image
*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.*
March 11, 2021

Maui Hawaii Real Estate Market Report For Land March 2021

Maui Land Report For March, 2021:

This is the March 2021 market report for land sold on Maui Hawaii during February 2021.

Maui Land Sales February 2021: In February 41 parcels of land sold on Maui with a median price of $750,000. At the end of February there were 196 parcels of land for sale on Maui. Kapalua had the highest number of sold vacant parcels with 9 sold properties during February. Wailea/Makena had the highest median sale price for sold vacant land on Maui with a median sale price of $2,800,000 during February. One parcel of land sold in Wailea/Makena during February.

Maui Land Sales Year To Date 2021: Through February 62 total parcels of land have sold on Maui with a median price of $648,250 and an average price of $741,682. The median sale price has increased 36.5% during 2021. The average sale price has decreased .0005% during 2021. Kaanapali has the highest number of sold land during 2021 with 15 total sales while Wailea/Makena has the highest median sale price for sold land with a median sale price of $2,800,000 during 2021. Maui land sales have increased 148% compared to the same period through February 2020. Vacant land sales have been strong since August 2020.

Maui Land Sales 2020: During 2020, 206 total parcels of land sold on Maui with a median price of $475,000 and an average price of $742,037. The median sale price decreased 5% during 2020. The average sale price decreased 20.2% during 2020. Haiku had the highest number of sold land during 2020 with 49 total sales while Wailea/Makena had the highest median sale price for sold land with a median sale price of $2,500,000 during 2020. Maui land sales increased 17% compared to the same period through 2019. More vacant lots sold during August, September, October, November, and December 2020 then August, September, October, November, and December 2019 which shows that sales activity for vacant land on Maui is recovering.

Maui Land Sales 2019: During 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 $1,504,500 during 2019.

*COVID-19 likely had an impact on the Maui Real Estate Market during 2020. It is too early to tell how it may affect the longterm local  market for land. With Real Estate Agents considered nonessential throughout Maui County through parts of March and April no showings of land were allowed. This has affected pending land sales for March and April and closed sales starting in April, 2020. We had a decrease in sold land on Maui May through July. Sales volume was up the last five months which shows buyer confidence and a rebound in the vacant land market on Maui. Total sales for vacant land on Maui were higher compared to this same time last year although median and average sales prices were down. Vacant land sales were strong the last five months of 2020.

Maui Land Sales February, 2021:

Maui sales activity for land February 2021. Maui land Realtor Jesse Coffey.

Maui Land Sales Year To Date Through February, 2021:

Maui sales activity for land sold through February 2021. Maui land Realtor Jesse Coffey.

 

Maui Land For Sale