Kihei Market Update 2023
Kihei, Maui is one of the most popular destination for tourists and second-home buyers alike. With its gorgeous ocean views, array of restaurants and bars, and abundance of outdoor activities, it’s easy to see why.
As of 2020, the real estate market in Kihei is seeing median prices ranging from $800k-$2m per property. These prices are expected to remain steady through 2023, with some properties increasing in value depending on their location and amenities.
There have been several notable sales over the past year that can give potential buyers an idea of what’s available in the area. A five-bedroom beachfront home sold for $4.6 million in late 2020 while a luxury condo complex sold for $130 million – showing just how high prices can go in this desirable area.
Overall, Kihei has some great opportunities for both homebuyers and investors looking to get into the market before prices start rising again – so don’t miss out on your chance to own a piece of paradise!
