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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East Maui Homes, Land, and Condos For Sale

 

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Maui - Things To Do

West Maui things to do

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North Shore Maui things to do

East Maui things to do

 

March 8, 2021

The 10 Most Expensive Condominiums For Sale On Maui March 2021

The ten most expensive luxury condominiums for sale on Maui Hawaii March, 2021. These luxury condos have list prices ranging from $6M to $12.5M. Six of the condos are located on South Maui in Makena and Wailea. Most are located at Wailea Point, one at Wailea Beach Villas, and two 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.*
March 8, 2021

The Most Expensive Condominium For Sale On Maui March 2021

The most expensive condominium located for sale on the beautiful island of Maui Hawaii March 2021.
This luxury condo is located on the South Shore of Maui in Wailea at the oceanfront Wailea Point I Ii Iii
development. This amazing oceanfront condo is ground level and currently listed at $12,500,000 and
features 3 bedrooms and 3 bathrooms with stunning views. Per the MLS listing the condo was originally
built in 1987. The property was remodeled in 2007. The initial list price was $16,000,000 and was reduced
91 days ago by $1,100,000 and 43 days ago by $2,400,000. The current listing was added to MLS
October 5, 2020. The condo has been on the market for 154 days at the time of this post.
The current owners paid $10,000,000 in May, 2006.
Please click the link below to see more information and photos of this condominium.
March 8, 2021

The 10 Most Expensive Homes For Sale On Maui March 2021

The ten most expensive homes for sale on Maui Hawaii March, 2021. These luxury homes have list prices ranging from $12.8M to $26.9M. Six of the homes are located on South Maui in Kihei, Makena, and Wailea. Two homes are located on West Maui in Kahana and Kapalua. One home is located on North Shore Maui in 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.*
March 8, 2021

The Most Expensive Home For Sale On Maui March 2021

The most expensive home for sale located on the beautiful island of Maui Hawaii March, 2021.
This luxury estate is located on the South Shore of Maui in Makena at 4508 Makena Rd. The amazing
oceanfront home is currently listed at $26,900,000 and features 4 bedrooms and 5.5 bathrooms with
stunning views. Per MLS, the home was originally built in 2018 and has never been lived in. The tax
records indicate that the home was built in 2017. The total lot size is .440 acres which encompasses
two individual lots. The primary lot is .400 acres. The initial list price is $26,900,000. The home has
been on the market for 94 days at the time of this post. 
This is the third time that the home has been listed for sale since 11/9/2018. The home has been
on the market a total of 677 days since November 2018.
Please click the link below to see more information and photos of this home. 
March 8, 2021

Maui Hawaii Real Estate Market Report For Land February 2021

Maui Land Report For February, 2021:

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

Maui Land Sales January 2021: In January 21 parcels of land sold on Maui with a median price of $535,000. At the end of January there were 217 parcels of land for sale on Maui. Kaanapali had the highest number of sold vacant parcels with 8 sold properties during January. Kula/Ulupalakua/Kanaio had the highest median sale price for sold vacant land on Maui with a median sale price of $1,400,000 during January. One parcel of land sold in Kula/Ulupalakua/Kanaio during January.

Maui Land Sales Year To Date 2021: Through January 21 total parcels of land have sold on Maui with a median price of $535,000 and an average price of $593,347. The median sale price has increased 12.6% during 2021. The average sale price has decreased 20% during 2021. Kaanapali has the highest number of sold land during 2021 with 8 total sales while Kula/Ulupalakua/Kanaio has the highest median sale price for sold land with a median sale price of $1,400,000 during 2021. Maui land sales have increased 110% compared to the same period through January 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 January, 2021:

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

Maui Land Sales Year To Date Through January, 2021:

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

 

Maui Land For Sale

March 7, 2021

Maui Hawaii Real Estate Market Report For Condominiums February 2021

Maui Condo Report For February 2021:

This is the February 2021 condominium market report for condos sold on Maui Hawaii through January 2021.

Maui Condo Sales January 2021: In January 115 condominiums sold on Maui with a median price of $560,000 and an average price of $795,440. At the end of January there were 579 condominiums for sale on Maui which is approximately 5.3 months of inventory. Kihei had the highest number of sold condos with 45 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.

Maui Condo Sales Year To Date For 2021: Through January 115 total condos sold on Maui with a median price of $560,000 and an average price of $795,440. This includes both fee simple and leasehold condos. The median sale price has decreased 1.7% during 2021. The average sale price has decreased 2.2% during 2021. Kihei has the highest number of sold condos during 2021 with 44 total sales while Wailea/Makena has the highest median sale price for sold condos with a median sale price of $1,150,000 during 2021. The average Days On Market for sold condominiums on Maui is 143 during 2021. Maui condos have sold for an average of 97.4% of list price during 2021. Total Maui condo sales are down 10.2% in 2021 compared to the same time period in 2020.

*It's too early in the year to factor one month of data. Based on current trends we will see Maui condo values increase during 2021. 

**Condo sales on Maui rebounded late 2020 after a slow year due to COVID. It is too early to tell how COVID may affect Maui condo sales during 2021.

2020 Maui Condo Sales: 1,336 total condos sold on Maui with a median price of $570,000 and an average price of $813,762. This includes both fee simple and leasehold condos. The median sale price increased 10.6% during 2020. The average sale price increased 16.1% during 2020. Kihei had the highest number of sold condos during 2020 with 444 total sales while Wailea/Makena had the highest median sale price for sold condos with a median sale price of $1,300,000 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. Maui condominium sales were affected by COVID 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. The average Days On Market for sold condominiums on Maui was 132 during 2019. Maui condos sold for an average of 97.5% of list price during 2019.

Maui Fee Simple Condo Sales Year To Date 2021Through January 111 total fee simple condos sold on Maui with a median price of $561,000 and an average price of $810,095. The median sale price for fee simple condos has decreased 5.7% during 2021. The average sale price for fee simple condos has decreased 4.4% during 2021. Kihei has the highest number of sold fee simple condos during 2021 with 45 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 during 2021.

*It's too early in the year to factor one month of data. Based on current trends we will see Maui condo values increase during 2021.

2020 Fee Simple Maui Condo SalesDuring 2020 1,247 total fee simple condos sold on Maui with a median price of $595,000 and an average price of $847,281. The median sale price for fee simple condos increased 13.3% during 2020. The average sale price for fee simple condos increased 17.7% during 2020. Kihei had the highest number of sold fee simple condos during 2020 with 435 total sales while Wailea/Makena has the highest median sale price for sold fee simple condos with a median sale price of $1,300,000 during 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 2021: Through January 4 leasehold condos have sold on Maui with a median price of $279,000 and an average price of $388,750. The median sale price for leasehold condos has decreased 6.7% during 2021. The average sale price for leasehold condos has increased 13% during 2021. Napili/Kahana/Honokowai and Kaanapali have the highest number of sold leasehold condos during 2021 with 2 total sales for each location while Kaanapali has the highest median sale price for sold leasehold condos with a median sale price of $659,000 during 2021.

*It's too early in the year to factor one month of data. Based on current trends we will see Maui condo values increase during 2021.

2020 Leasehold Maui Condo Sales: During 2020 89 total leasehold condos sold on Maui with a median price of $299,000 and an average price of $344,125. The median sale price for leasehold condos increased 25.9% during 2020. The average sale price for leasehold condos increased 21.8% during 2020. Napili/Kahana/Honokowai had the highest number of sold leasehold condos during 2020 with 35 total sales while Kaanapali has the highest median sale price for sold leasehold condos with a median sale price of $407,500 during 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.

*Total Maui condominium sales are down 10.2% from the same time period last year through January 2020. It's too early in the year to know if Covid is a factor especially since Maui condo sales finished the 2020 year very strong. Inventory levels did increase at the start of Covid, but started to decrease the last three months of 2020 which helped to boost condo values on Maui. At this point condo inventory on Maui is still higher than recent historical averages, but is slowly returning to normal pre-Covid levels.

**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. With COVID rates on the rise there is still some uncertainty ahead, but at this time the Maui single family home market remains strong and the Maui condominium market is continuing to improve.

***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. January data showed that occupancy at resorts was down over 55% and occupancy at vacation condos was down over 46% compared to January 2020.

Maui Condo Sales January, 2021:

Maui sales activity for condominiums sold during January 2021. Maui condo Realtor Jesse Coffey.

Maui Condo Sales Year To Date Through January, 2021:

Maui sales activity for condominiums sold through January 2021. Maui condo Realtor Jesse Coffey.

Maui Fee Simple Condo Sales Year To Date Through January, 2021:

Maui sales activity for fee simple condominiums sold through January 2021. Maui condo Realtor Jesse Coffey.

Maui Leasehold Condo Sales Year To Date Through January, 2021:

Maui sales activity for leasehold condominiums sold through January 2021. Maui condo Realtor Jesse Coffey.

Maui Condo Search

March 5, 2021

Maui Hawaii Real Estate Market Report For Single Family Homes February 2021

Maui Single Family Home Report For February, 2021:

This is the February, 2021 real estate market report for single family homes sold on Maui Hawaii through January, 2021.

Maui Home Sales January 2021: In January 101 single family homes sold on Maui with a median price of $980,000 and an average price of $1,508,568. At the end of January there were 259 single family homes for sale on Maui which is approximately 2.8 months of inventory. Kihei had the highest number of sold homes with 23 sold homes during January while Olowalu had the highest median sale price for sold homes with a median sale price of $8,200,000 in January. One home sold in Olowalu during January 2021.

Maui Home Sales Year To Date 2021: Through January, 101 single family homes have sold on Maui with a median price of $980,000 and an average price of $1,508,568. The median sale price has increased 23.2% during 2021. The average sale price has increased 28.3% during 2021. **We are one month into the new year and the current median and average prices mean very little and will decrease as we move through the year.** Kihei has the highest number of sold homes with 23 in 2021. Olowalu has the highest median sale price for sold homes with a median sale price of $8,200,000 in 2021. The average Days On Market for sold homes on Maui is 164 during 2021. Maui homes are selling for an average of 97% of list price during 2021. Maui single family home sales are up 18.8% compared to the same period through January 2020.

2020 Maui Single Family Home Sales: 1,055 single family homes sold on Maui 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. Wailuku had the highest number of sold homes with 228 in 2020. Kapalua had the highest median sale price for sold homes with a median sale price of $3,500,000 in 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. Maui single family home sales were down 5.8% compared to 2019.

2019 Maui Single Family Home Sales: 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.

**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. With COVID rates on the rise there is still some uncertainty ahead, but at this time the Maui single family home market remains strong and the Maui condominium market is continuing to improve.

**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. January data showed that occupancy at resorts was down over 55% and occupancy at vacation condos was down over 46% compared to January 2020.

Maui Home Sales January, 2021:

Maui Single Family home sales January 2021.

Maui Home Sales Year To Date Through January, 2021:

Maui Hawaii single family home sale statistics through January 2021.

Maui Home Search

March 4, 2021

Maui Hawaii Real Estate Market Report February, 2021

Here are the island wide Maui sales stats for homes and condos for February, 2021. The sales stats are for homes and condominiums sold on Maui through January 2021. The amount of single family homes that sold in January decreased slightly compared to December and was 18.8% higher than January 2020. During January the median sale price for homes increased compared to December. 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 January decreased significantly compared to December and was 10.2% lower than January 2020. During January the median sale price for condos decreased compared to December. The Maui condominium market has rebounded significantly since late summer 2020 and available inventory is close to returning to normal.

Single Family Homes:

In January 101 single family homes sold on Maui with a median price of $980,000 and an average price of $1,508,568. At the end of January there were 259 single family homes for sale on Maui which is approximately 2.8 months of inventory. During January 2020 there were 511 homes for sale. The amount of homes for sale on Maui has decreased 49.3% over the past year. Demand for Maui homes is high and inventory is low. This is pushing values up.

**We are one month into the new year and the current median and average prices mean very little and should decrease as we move through the year.**

Through January 101 single family homes have sold on Maui with a median price of $980,000 and an average price of $1,508,568. The median sale price has increased 23.2% during 2021. The average sale price has increased 28.3% during 2021. The average Days On Market for sold homes on Maui is 164 during 2021. Maui homes are selling for an average of 97% of list price during 2021.

**We are one month into the new year and the current median and average prices mean very little and should decrease as we move through the year.**

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 January 115 condominiums sold on Maui with a median price of $560,000 and an average price of $795,440. At the end of January there were 579 condominiums for sale on Maui which is approximately 5.3 months of inventory. The amount of condominiums for sale on Maui has increased 9.7% over the past year. The last three months of 2020 were the best months for condominium sales on Maui since the start of COVID. 

Through January 115 condominiums have sold on Maui with a median price of $560,000 and an average price of $795,440. The median sale price has decreased 1.8% during 2021. The average sale price has decreased 2.3% during 2021. The average Days On Market for sold condominiums on Maui is 143 during 2021. Maui condos have sold for an average of 97.4% 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. With COVID rates on the rise there is still some uncertainty ahead, but at this time the Maui single family home market remains strong and the Maui condominium market is continuing to improve.

**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. January data showed that occupancy at resorts was down over 55% and occupancy at vacation condos was down over 46% compared to January 2020.

Maui Hawaii home and condominium sales stats for January 2021.

Maui Real Estate Search

Feb. 26, 2021

The 10 Least Expensive Condominiums For Sale On Maui February 2021

The ten least expensive fee simple condominiums for sale on Maui Hawaii February, 2021. These condos have list prices ranging from $155,000 to $264,900. All ten of the condos are located on Central Maui in Kahului and Wailuku. Six 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. Three of the condominiums are located at the Puuone Towers and Plaza 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:

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.*

Feb. 26, 2021

The Least Expensive Condominium For Sale On Maui February 2021

The least expensive fee simple condominium for sale located on the beautiful island of Maui
Hawaii February 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 $155,000 and features 2 bedroom,
1.5 bathrooms, and is 787 square feet. Per MLS the condo is sold as-is. There is no indication
of when it was last updated. The Harbor Lights development was built in 1974. The initial list
price was $162,000. The condo has been on the market for 547 days at the time of this post. 
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 B415, 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.*