Maui Real Estate Market Report
Quarter 2 2025 Year-to-Date
Year-to-date, the market has remained slow, a trend many of you have already observed. As we move into September—a historically quieter month due to school schedules and family travel—activity is expected to remain tempered. There is cautious optimism that the Federal Reserve may ease interest rates in the coming months, though it remains uncertain whether such action will meaningfully accelerate market momentum.
Current Market Dynamics
Buyer Behavior: Sales are occurring, but buyers are increasingly selective. Properties must be priced accurately to attract serious interest.
Condominium Market: Significant price reductions continue as the County reconsiders the Montoya ruling, which affects vacation rentals in Apartment-zoned properties. Many condominiums without Hotel zoning—required for short-term rentals—are adjusting downward in price as sellers anticipate regulatory changes.
I will provide a more detailed report on the status of County hearings in the coming weeks. In the meantime, whether you are considering buying or selling, please know our team is available to guide you with over 60 years of combined experience in the Maui market.
Residential Market Snapshot
Maui’s residential market is finding balance as sales ease and buyers remain engaged.
Behind the Numbers: Maui’s residential market has adjusted to a more balanced pace this year. Inventory is up, and sales have eased slightly compared to the first half of last year. Buyers remain engaged, with homes priced right seeing the most success as the market becomes a bit more selective.
Looking Forward
Maui’s residential market is expected to remain steady as buyers and sellers adjust.
Maui’s market continues to evolve. The first half of the year remained active, with buyers and sellers adjusting to a more balanced pace. Proposed vacation rental legislation remains in the background and may continue to shape decision-making over the course of the year.
About Hawai'i Life Hawai'i Life is a 100% locally created, owned, and operated real estate brokerage with 16 offices and nearly 300 agents statewide. The firm sells more than $1 billion in sales annually and operates the state's most trafficked real estate website. To learn more about Hawai'i Life, please visit hawaiilife.com.