February 2025 Market Report

📢 Maui Real Estate Market Update

February 2025

Following a quiet February, Maui’s real estate market is showing signs of stabilization. While total sales dipped to levels not seen since early 2020, the steady pace of transactions and firm median prices suggest underlying resilience.

Looking ahead to March, several factors may influence the market:

• Buyer Opportunities in Condos: With 14 months of inventory, condo buyers hold the advantage, and we may see increased activity as motivated sellers adjust pricing.

• Single-Family Home Market Holds Steady: A balanced six-month supply suggests that well-priced homes will continue to sell, maintaining the current sales pace.

• Interest Rates & Economic Trends: If interest rates ease, buyer confidence could improve, potentially boosting spring activity.

• Seasonal Demand: Historically, Maui sees a slight uptick in transactions in early spring as visitors turn into buyers, especially in resort areas.

~ While the market remains cautious, the coming months may bring renewed momentum as we enter the spring season. Stay tuned for further updates!