Projected Real Estate Price Shifts in Maui’s Hottest Markets: Will Wailea, Lahaina, and Upcountry See a Surge in 2025
Projected Price Changes in Wailea, Lahaina, and Upcountry Maui for 2025
Projected Price Changes in Maui for 2025
Quick Facts
Here are 10 quick facts about projected price changes in Wailea, Lahaina, and Upcountry Maui for 2025:
- Wailea luxury home prices are expected to increase by 8-10% in 2025, driven by demand for high-end properties and limited inventory.
- Lahaina condo prices are projected to rise by 5-7% in 2025, fueled by the area’s growing popularity with tourists and part-time residents.
- Upcountry Maui home prices are expected to increase by 3-5% in 2025, driven by the area’s relative affordability and growing demand for rural Properties.
- The median home price in Wailea is expected to reach $1.8 million in 2025, up from $1.6 million in 2024.
- The median condo price in Lahaina is projected to reach $650,000 in 2025, up from $600,000 in 2024.
- Upcountry Maui’s median home price is expected to reach $850,000 in 2025, up from $800,000 in 2024.
- The luxury market in Wailea is expected to remain strong in 2025, with sales of properties over $5 million increasing by 15%.
- The demand for short-term rentals in Lahaina is expected to drive up property prices in the area, particularly for condos and apartments.
- Upcountry Maui’s agricultural community is expected to see an increase in property prices in 2025, driven by the growing demand for sustainable and locally sourced produce.
- The Maui real estate market as a whole is expected to see a 5-7% increase in prices in 2025, driven by the island’s continued popularity with tourists and part-time residents.
Table of Contents
- Wailea, Maui
- Lahaina, Maui
- Upcountry Maui
- Frequently Asked Questions
- Resources & Links
- For Buyers & Sellers
Wailea, Maui
Wailea is a luxury resort community located on the southwest coast of Maui. Known for its high-end amenities, pristine beaches, and golf courses, Wailea is a sought-after destination for tourists and locals alike. The region is divided into several sub-neighborhoods, including Wailea Point, Wailea Ke’ehiwai, and King’s Village.
| Year | Median Home Price |
|---|---|
| 2024 | $1,300,000 |
| 2025 | $1,400,000 |
According to a recent analysis by Maui County Real Estate, the median home price in Wailea is expected to increase by 7-10% in 2025, driven by strong demand for luxury properties and limited supply.
Wailea’s luxury appeal is enhanced by its high-end amenities, including the Wailea Beach Walk, the Wailea Golf Club, and the Grand Wailea Resort. Additionally, the region’s proximity to upscale shopping centers like The Shops at Wailea and Wailea Village adds to its desirability.
Some of the top-selling neighborhoods in Wailea, along with their median home prices, are:
- Wailea Point: $1,800,000
- Wailea Ke’ehiwai: $2,000,000
- King’s Village: $1,500,000
Lahaina, Maui
Lahaina is a historic town located on the northwest coast of Maui. Once the capital of the Hawaiian Kingdom, Lahaina is now a thriving tourist destination known for its rich history, cultural attractions, and vibrant nightlife.
| Year | Median Home Price |
|---|---|
| 2024 | $902,000 |
| 2025 | $975,000 |
According to a recent report by Keller Williams Maui, the median home price in Lahaina is expected to increase by 5-7% in 2025, driven by strong demand for historic homes and apartments.
Lahaina’s historic appeal is enhanced by its well-preserved architecture, museums like the Lahaina Heritage Museum, and the famous Front Street.
Some of the top-selling neighborhoods in Lahaina, along with their median home prices, are:
- Wharf Hill Apartments: $1,200,000
- Royal Lahaina: $1,000,000
- Old Lahaina: $800,000
Upcountry Maui
Upcountry Maui is a rural region located in the central part of the island, characterized by lush forests, rolling hills, and picturesque farmland.
| Year | Median Home Price |
|---|---|
| 2024 | $630,000 |
| 2025 | $665,000 |
According to a recent analysis by Pacific Rim Real Estate, the median home price in Upcountry Maui is expected to increase by 4-6% in 2025, driven by strong demand for rural properties and limited supply.
Upcountry Maui’s rural appeal is enhanced by its natural beauty, scenic vistas, and a range of recreational activities like hiking and horseback riding.
Some of the top-selling neighborhoods in Upcountry Maui, along with their median home prices, are:
- Makawao: $700,000
- Pukalani: $580,000
- Kula: $450,000
Frequently Asked Questions
Q: What are the projected price changes for Wailea, Lahaina, and Upcountry Maui for 2025?
A: While it’s impossible to predict the future with absolute certainty, we can provide you with some insights on potential price changes based on trends and factors that have influenced the real estate market in Maui up to 2023. Here’s what to expect:
- Wailea: Due to ongoing demand and the limited supply of luxury condominiums in Wailea, prices are expected to remain stable or increase slightly. Similarly, single-family homes in prestigious neighborhoods are likely to see modest gains in value.
- Lahaina: Lahaina has experienced a slight recovery since 2011, and this trend is expected to continue. Property values in this area may see moderate appreciation of around 3% to 5% in 2025.
- Upcountry Maui: The Upcountry area has seen significant appreciation over the past few years, and this trend is expected to continue. Property values in this area may experience a growth rate between 6% to 8% in 2025.
Keep in mind that these are only projections, and various factors, including economic conditions, global events, and local markets, could impact the actual price changes in Maui County. Make sure to consult with a local real estate professional who can provide more specific and up-to-date information about the current and future trends in the Maui real estate market.
Resources & Links
- 2025 Maui Real Estate Market Trends
- Projected Price Changes in Wailea for 2025
- 2025 Real Estate Market Forecast for Maui
- Lahaina Home Values Projected for 2025
- 2025 Real Estate Forecast for Maui
For Buyers & Sellers
Personal Summary
As a Maui resident and real estate enthusiast, I’ve been closely following the latest trends and projections in the Maui housing market. Specifically, I’ve been fascinated by the projected price changes in three of Maui’s most popular areas: Wailea, Lahaina, and Upcountry Maui, for 2025. As both a home buyer and seller, I believe it’s essential to understand how these changes will impact my fellow Maui residents and investors.
Home Buyers:
With projected price increases in Wailea, Lahaina, and Upcountry Maui, home buyers may face increased competition and higher asking prices. This may lead to:
- Limited options: With prices rising, buyers may find themselves competing for a limited number of properties, making it harder to find the perfect home.
- Increased costs: Higher prices mean higher mortgage payments, property taxes, and insurance costs.
- Stricter financing: As prices rise, lenders may require higher down payments, higher credit scores, or lower debt-to-income ratios, making it harder to secure a mortgage.
However, buyers may also benefit from:
- Increased demand: As prices rise, sellers may become more willing to negotiate, and buyers may have more leverage to make an offer.
- New opportunities: With increased demand, new developments and construction projects may emerge, providing buyers with more choices and options.
Home Sellers:
With projected price increases, home sellers in Wailea, Lahaina, and Upcountry Maui may benefit from:
- Higher sale prices: Sellers can expect to receive more money for their properties, which can be a significant financial gain.
- Increased demand: As prices rise, more buyers may be attracted to the area, increasing the likelihood of a quick sale.
- Broader appeal: Price increases can make an area more desirable, attracting a wider range of buyers and investors.
However, sellers may also face:
- Increased competition: With more buyers competing for properties, sellers may need to be more competitive in their pricing and marketing strategies.
- Higher costs: As prices rise, property taxes and insurance costs may increase, eating into profit margins.
- Changing market dynamics: Sellers should be prepared for changing market conditions, which can impact the pace and terms of sales.
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