Maui Real Estate Market Report December 2025: With Values in Consistent Decline, Is Now a Good Time to Buy?

December Real Estate Market Maui

Heading into 2026, the Maui real estate market is looking to shake off a historically bad year in terms of value declines (particularly in the condo market) and total closed sales.

We have to go back to November of 2009, the very bottom of the housing market, towards the end of the ‘Great Recession’, to find a period where total closed sales were as low as they have been throughout 2025. The trajectories of both periods of decline, as illustrated in the charts below, look incredibly similar. 

What are the Key Factors Contributing to the Current Value Decline in the Maui Real Estate Market?

Mayor Bissen is most likely proud…

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