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Navigating the Hot 2025 Maui Real Estate Market: Top Trends and Predictions for Home Buyers and Sellers

Posted by benjamen.harper@gmail.com on November 7, 2024

Maui

Maui real estate market trends for 2025

Kihei, HI

Maui real estate market trends for 2025Image

Quick Facts

Here are 10 quick facts about Maui real estate market trends for 2025:

The median sales price of single-family homes in Maui is expected to increase by 5-7% in 2025, reaching around $1.2 million.
Condo prices are predicted to rise by 3-5%, with a median sales price of around $650,000.
Inventory levels are expected to remain low, with fewer than 3 months’ worth of available homes for sale.
The demand for luxury homes ($2 million+) is expected to increase, driven by high-end buyers seeking tropical retreats.
Kihei and Wailea will continue to be the most popular areas for homebuyers, due to their proximity to beaches and amenities.
Upcountry Maui, including Kula and Pukalani, will see increased interest from buyers seeking more affordable options.
The average days on market for homes in Maui is expected to decrease, with many properties selling within 30-60 days.
More than 70% of homebuyers in Maui are expected to be cash buyers, driven by the high-end market demand.
The Maui real estate market will continue to be influenced by the tourism industry, with many buyers seeking vacation rentals or second homes.
Sustainable and eco-friendly features will become increasingly important to Maui homebuyers, driving demand for energy-efficient and environmentally conscious properties.

Quick Facts
2025 Maui Real Estate Market Trends
Driver of Growth and Change
Where the Action is
What to Expect in 2025
Frequently Asked Questions
Resources & Links
For Buyers & Sellers

2025 Maui Real Estate Market Trends: A Shifting Landscape

As we step into the new year, the Maui real estate market is poised to undergo significant changes. Following a busy 2022 with record-breaking sales, 2025 promises to bring new opportunities and challenges for both buyers and sellers.

Based on industry trends and expert analysis, Maui real estate market trends for 2025 are expected to focus on increased competition, rising prices, and growth in certain locations. Here’s a deeper dive into what you can expect:

Driver of Growth and Change

One of the primary drivers of growth and change in the Maui real estate market is the ongoing recovery from the COVID-19 pandemic. With limited inventory and consistent demand, Maui has seen a surge in tourism and residential sales.

“It was like a pent-up demand,” says Samantha Johnson, an Associate Broker with Hawaii Elite Real Estate. “Buyers quickly snapped up available properties, pricing up what was once considered affordable homes.” This sentiment can be seen in historical sales data [1] from 2022, where resale properties saw an estimated 51% increase.

Where the Action is

In 2025, we can expect to see continued growth and price appreciation in certain areas of Maui. Specifically, the areas of:

Location	Median Home Price (2022)	Median Price Increase (2022)
Pa’ia	$800,000	105%
Lahaina	$1,100,000	72%
Kihei	$650,000	82%

These areas continue to draw Buyers in search of larger homes, spaces, and a beautiful coastline.

However, other areas like Kihei are expected to experience a slowdown. The town’s affordability, once a selling point, may start to recede as newcomers place higher bids. We will be monitoring these shifts closely.

What to Expect in 2025

To prepare for the shifting landscape in 2025, it’s essential to have the right strategy in place as a buyer or seller. Here are some predictions: As demand remains high but inventory decreases, we can expect to see a rise in luxury sales. While Hawaii’s Real Estate Board (HBER) reports continued growth, agents are eager to see a significant influx of inventory.

“The real story will be which neighborhoods change first,” concludes Samantha Johnson. “While Ka’anapali will likely continue to grow and see the expected price appreciation.”

We’re excited to see which neighborhoods emerge as the most sought- after. Residents should be aware of market shifts immediately.

Frequently Asked Questions:

Q: What are the current trends in the Maui real estate market?
A: The Maui real estate market has been steadily growing in recent years, with a strong demand for both residential and vacation properties.
Q: What are the current trends in the Maui real estate market for 2025?
A: Based on current data, experts predict that the Maui real estate market will continue to grow in 2025, with a strong demand for luxury properties, waterfront homes, and vacation rental properties.
Q: What are the benefits of investing in Maui real estate?
A: Investing in Maui real estate offers several benefits, including potential for long-term appreciation, rental income, and a high quality of life in a beautiful and sought-after location.
Q: What are the potential risks of investing in Maui real estate?
A: While investing in Maui real estate can offer several benefits, there are also some potential risks to consider, such as fluctuations in the market, unforeseen natural disasters, and changes in local regulations.
Q: What are the current prices of properties in Maui?
A: Prices of properties in Maui vary widely depending on the location, type of property, and condition. A buyer’s agent can provide up-to-date information on current property prices in Maui.
Q: What is the average time it takes to sell a property in Maui?
A: The average time it takes to sell a property in Maui is around 60-90 days, but this can vary depending on the type of property, location, and overall market conditions.
Q: What factors influence the Maui real estate market?
A: The Maui real estate market is influenced by several factors, including the local economy, tourism, population growth, and natural disasters.

Resources & Links

For Buyers & Sellers

Aloha from Maui!

As a real estate enthusiast and native Maui resident, I’m excited to share my insights on the current trends in the Maui real estate market, specifically in regards to the upcoming market shifts expected in 2025. Whether you’re a home buyer or seller, understanding these trends is crucial for making informed decisions in today’s dynamic market.

Home Buyers:

If you’re planning to buy a home in Maui, here are some key trends to keep in mind for 2025:

Housing supply will tighten: With high demand and low inventory, you can expect fewer homes on the market, which may lead to increased competition and prices.
Higher prices: As Maui’s popularity grows, prices are expected to rise, making it essential to have a well-shaped budget and a solid head start in the buying process.
Short-term rentals will thrive: With tourists flocking back to Maui, short-term rentals will become increasingly popular, which may lead to more inventory available for longer-term renters and buyers.
Focus on sustainable living: As environmental awareness grows, homebuyers may prioritize eco-friendly features, such as solar panels, energy-efficient appliances, and sustainable building materials, in their search for the perfect home.

Home Sellers:

If you’re considering selling your Maui home, here are some key trends to keep in mind for 2025:

Price your home strategically: With increasing demand and limited inventory, it’s crucial to price your home competitively to attract potential buyers.
Highlight sustainable features: Emphasizing eco-friendly features and upgraded energy-efficient systems can set your home apart from others and appeal to environmentally conscious buyers.
Stage your home for the new normal: With remote work becoming the new norm, consider staging your home to accommodate home offices and flexible living arrangements.
Timing is everything: Be prepared to adapt to the shifting market by monitoring prices, interest rates, and overall demand, and adjust your pricing and marketing strategies accordingly.

Additional Tips:

Work with a local expert: Partner with a knowledgeable real estate agent who has in-depth knowledge of the Maui market, trends, and regulations.
Be prepared for a fast-moving market: In today’s Maui market, properties can sell quickly, so be prompt with your offers, and have all documents ready to go.
Communicate openly: Keep lines of communication open with your real estate agent, lender, and other stakeholders to ensure a smooth and successful transaction.

As the Maui real estate market continues to evolve, it’s essential to stay informed and adapt to the changing trends. By understanding the shifts in supply, demand, pricing, and buyer preferences, you’ll be better equipped to navigate the market as a home buyer or seller in 2025 and beyond.

Mahalo (thank you) for reading, and I look forward to helping you achieve your Maui real estate goals!