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Maui Luxury Real Estate Market Trends in 2025: A Spotlight on Rising Prices and Demand

Posted by benjamen.harper@gmail.com on February 20, 2025
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Maui real estate prices 2025

Paia, HI

Maui real estate prices 2025Image

Table of Contents

Quick Facts

  • The median home price in Maui is expected to reach $1.2 million by 2025.
  • Luxury homes in Maui’s top areas, such as Wailea and Ka’anapali, can cost upwards of $10 million.
  • The average price per square foot for a single-family home in Maui is around $800.
  • Condominium prices in Maui range from $400,000 to over $2 million.
  • Land prices in Maui vary greatly, with vacant lots costing between $200,000 and $5 million.
  • The most expensive neighborhood in Maui is La Perouse Bay, with median home prices over $5 million.
  • The growth rate of Maui real estate prices is expected to slow down to 5% in 2025.
  • Short-term rentals in Maui can generate up to $100,000 in annual revenue.
  • Maui’s real estate market is driven by 60% of buyers being out-of-state residents.
  • The average days on market for a home in Maui is around 30 days, indicating a competitive market.

Maui Real Estate Prices 2025: A Luxury Island Lifestyle

Hawaii, a state that conjures images of swaying palm trees, crystal-clear turquoise waters, and a tropical paradise, where time stands still. If you’re looking for a luxurious island lifestyle, Maui is often at the top of everyone’s list. With breathtaking natural scenery, rich cultural heritage, and a plethora of outdoor activities, Maui is the ultimate haven for discerning individuals and families.

But as you plan to make your dream a reality, one question lingers in your mind: what are the current Maui real estate prices in 2025?

According to recent data, Maui luxury real estate prices have seen a significant surge in the past few years. As of 2025, the median home price on the island of Maui has surpassed $1.5 million. The luxury market, however, is leading the charge, with multi-million-dollar properties experiencing a renewed demand.

HawaiiEliteRealEstate.com Market Analysis

Data from HawaiiEliteRealEstate.com, a licensed real estate company in Hawaii, reveals a surprising trend in the current market:

Property Type Average Price (2025)
Single-family homes $1,342,000
Condominiums $935,000
Townhouses $725,000

Neighborhood Breakdown

When it comes to Maui real estate, each neighborhood has its unique charm and character. From the upscale neighborhoods of Lahaina and Ka’anapali to the more laid-back areas of Kihei and Maalaea, understanding the local market trends is crucial.

Here’s a list of popular neighborhoods and their corresponding price ranges:

  1. Lahaina: $1.2M – $4.5M
  2. Ka’anapali: $1M – $3.5M
  3. Kihei: $825,000 – $2.5M
  4. Maalaea: $550,000 – $1.75M
  5. Wailuku: $450,000 – $1.2M

Luxury Market Insights

Maui’s luxury market has experienced a remarkable surge, with high-end buyers seeking unique properties that offer unparalleled ocean views, acreage, and exclusivity. The median luxury home price on Maui has reached an astonishing $3.5 million in 2025.

Here are some key highlights from the luxury market:

  • Prime oceanfront lots: $5M – $10M
  • Luxury homes (5000 sq.ft. +): $3M – $6M
  • Villas and estates: $2M – $5M

The Benefits of Investing in Maui Real Estate

Investing in Maui real estate offers numerous benefits, from potential rental income to capital appreciation. The high demand for luxury properties on the island makes it an attractive opportunity for investors.

Why Choose Maui?

So, why choose Maui for your next real estate investment? Here are a few reasons:

  1. Strategic location: Located in the middle of the Pacific, Maui offers an unparalleled combination of tropical climate, historic charm, and scenic beauty.
  2. Growing demand: As tourism continues to boom, Maui’s popularity has led to an increase in demand for luxury properties.
  3. : With rising property prices, Maui offers a strong potential for capital appreciation.
  4. Lifestyle opportunities: Maui’s stunning landscapes and outdoor activities make it an ideal destination for those seeking a luxury island lifestyle.

Frequently Asked Questions:

Maui Real Estate Prices 2025 FAQ

  • Q: What are the current trends in Maui real estate prices?
    • A: As of 2025, the Maui real estate market is experiencing a steady growth in prices due to high demand and limited inventory.
  • Q: What is the average price of a single-family home in Maui?
    • A: The average price of a single-family home in Maui is around $900,000 to $1 million dollars, depending on the location and amenities.
  • Q: Are condo prices in Maui increasing or decreasing?
    • A: Condo prices in Maui are increasing, with an average price range of $500,000 to $800,000 dollars, depending on the location and amenities.
  • Q: What are the most expensive areas to buy a home in Maui?
    • A: The most expensive areas to buy a home in Maui are Wailea, Makena, and Ka’anapali, where prices can range from $1 million to $5 million dollars.
  • Q: Are there any affordable areas to buy a home in Maui?
    • A: Yes, there are affordable areas to buy a home in Maui, such as Wailuku, Kahului, and Kihei, where prices can range from $400,000 to $700,000 dollars.
  • Q: What is the average cost of a vacant land in Maui?
    • A: The average cost of a vacant land in Maui is around $200,000 to $500,000 dollars, depending on the location and size of the land.
  • Q: Are there any tax benefits for buying a home in Maui?
    • A: Yes, there are tax benefits for buying a home in Maui, such as the mortgage interest deduction and property tax deduction, which can help reduce the cost of ownership.
  • Q: How long does it take to close a real estate transaction in Maui?
    • A: The average time to close a real estate transaction in Maui is around 30 to 60 days, depending on the complexity of the transaction and the parties involved.
  • Q: Do I need to work with a real estate agent to buy a home in Maui?
    • A: It is recommended to work with a real estate agent who is familiar with the Maui market and can provide valuable guidance and advice throughout the buying process.

Resources & Links

For Buyers & Sellers

As a resident of Maui, I’ve seen the island’s real estate market change dramatically over the years. The current trend suggests that 2025 will be a unique year for both home buyers and sellers in Maui. Here’s my personal summary of the potential impacts:

For Home Buyers:

  1. Increased competition: With the limited supply of homes on the market, expect more competition among buyers vying for properties. This may lead to higher offers and fierce bidding wars, particularly for desirable neighborhoods and properties with ocean views.
  2. Price growth: After a slow year in 2023, Maui is expected to see some price growth in 2025. This means that home prices may increase, making it necessary for buyers to be prepared for higher costs.
  3. Higher interest rates: As interest rates rise, expect home buyers to face higher mortgage payments. This could impact affordability for some buyers, particularly those looking to purchase a home in the short term.
  4. Neighborhood disparities: Maui’s islandwide real estate market can be quite uneven. For example, homes in neighborhoods like Lahaina and Kihei tend to command higher prices. Be prepared for the potential for higher prices in these areas.

For Home Sellers:

  1. Slower market: Historically, Maui’s real estate market has been slow to recover from economic downturns. In 2025, expect a slower market, which may result in fewer offers and shorter holding periods.
  2. Higher valuation: The rapidly growing demand for housing in Maui might cause prices to keep increasing, resulting in higher valuations for sold homes.
  3. Lack of listings: The limited supply of homes on the market may make it difficult for sellers to find willing buyers. A stronger market presence is necessary, making advertising plays a crucial role in getting buyers’ attention.
  4. Taxes and insurance: As Maui continues to develop, homeowners may face higher property taxes and insurance costs. These increases will likely impact the selling prices of properties.

For Both Buyers and Sellers:

  1. Local knowledge is king: Understanding the current local market reality and local regulations is essential for navigating the Maui real estate market successfully.
  2. Cash or financing options: Having a solid financial situation, such as being pre-approved for a mortgage, can give buyers an edge in their negotiations with sellers.
  3. Timing is everything: With Maui’s fast-paced real estate market, it’s crucial to be prepared for changes and the certainty that one day your plan of action must be adjusted.

New Listings & Properties for Sale in Maui real estate prices 2025

Maui, HI 2025 Housing Market

Maui County, HI 2025 Housing Market

Lahaina, Maui, HI 2025 Housing Market

Hawaii 2025 Housing Market

Photos of Maui real estate prices 2025

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