🌺 Maui Market Report – March 2025

As winter came to a close and seasonal visitors wrapped up their stays, Maui’s real estate market began to show early signs of a spring awakening. While overall property sales remained relatively slow, March brought a modest rebound—driven primarily by an uptick in condo activity.

Buyers still hold the upper hand for now, but with real estate activity picking up along the West Coast, we may be catching a glimpse of what’s to come. Historically, when momentum builds there, Maui tends to follow not far behind.

Single-Family Homes

Sales came in at 49, with a median price of $1,295,000. Most sellers received about 96% of their asking price, and 16% of homes sold above list. With a median of 80 days on market, buyers are taking their time—highlighting the importance of strategic pricing and presentation.

Condominiums

Condos led the charge in March with 60 units sold and a median price of $822,500. Also receiving 96% of list price on average, condo activity picked up thanks to late-season interest from snowbirds looking to turn vacations into investments.

Land

Land sales remained quiet, with just 10 parcels sold and a median price of $705,000. Only 90% of list price was received on average, and no parcels sold above asking—a clear signal that land buyers still have room to negotiate.

What This Means for You

We’re in a transitional moment. Inventory is climbing, and while buyers are cautious, they’re still out there—especially those looking ahead to summer or planning for long-term lifestyle shifts. If you’re thinking of selling, now’s the time to get ahead of the curve.