Found 9 blog entries tagged as maui real estate market.

Maui Real Estate Market Report February 2026: Are Prices on Maui Still Going Down?

Maui Real Estate Market

For nearly two years, the broader real estate market on Maui has been in steady decline, as evidenced by several key metrics, including total closed sales and median and average closed sale prices.

While our micro-markets and certain segments of our market have performed differently (e.g., apartment-zoned short-term rentals vs. hotel-zoned short-term rentals; single-family homes vs. condos, luxury market vs. non-luxury market), the overall trends have been falling prices, rising inventory, and an increasingly buyer-friendly market.

What Does 2026 Have in Store for the Maui Market?

In my recent market reports, I’ve spent more time discussing how we have…

48185 Views, 0 Comments

Read Full Post

The 10 Best Luxury Residential Condo Communities on Maui

 Maui's Best Luxury Condo Communties

While much of the focus on Maui’s condo communities over the last two years has centered on short-term rental complexes and which ones are possibly affected by Bill 9, many buyers still prefer condos for personal use only, as primary residences or second homes. 

There are many benefits of using a condo zoned for long-term use only if your plans are to live in it full-time or spend more than just a few weeks in the unit per year. The first benefit is significant savings on property tax rates. 

Short-term rental condo owners pay a much higher property tax rate, approximately double that of the non-owner-occupied rate. If you're purchasing the unit as your primary residence, you’ll pay an…

370 Views, 0 Comments

Read Full Post

Coldwell Banker Global Luxury Real Estate Market in Review 2025

Coldwell Banker Global Luxury Market Report

Every January, Coldwell Banker Global Luxury provides a year-in-review report for the global luxury real estate market. It is a wealth of information that provides in-depth analysis, supported by data, helping add context and color to what we are seeing here on Maui in our own luxury market. 

While the general Maui real estate market has been down due to a variety of factors (bill 9, interest rates, rising insurance premiums, etc) the luxury market showed resilience while navigating the current set of geopolitical and economic factors and was able to preserve values better during this market cool-down period.

The Trend Report, as it is called, is a fairly long read and, I must…

537 Views, 0 Comments

Read Full Post

Maui STR Ban Bill 9 Exemption List and Temporary Investigative Group Report (Proposed 10/14/25)

Exemption List STR Ban Maui

On October 14th, the Temporary Investigative Group (TIG) of the Housing and Land Use Committee reported the results of their findings to the public, which included a much-welcomed determination that the bill to take away STR rights of owners on the Minatoya List should include an exemption list of 53 properties that includes many Minatoya List condo complexes and a few BnB residential properties.

Most of us in the Maui community have been hoping to see some logic and reason applied to this issue.  Aside from the economic consequences of such a possible ban, there are many reasons why simply banning short-term rentals in apartment-zoned complexes won't…

4956 Views, 0 Comments

Read Full Post

Working With a Buyer's Agent on Maui

Buyers Agent Maui

The process of buying a property on Maui, or anywhere else in the United States, is getting a new wrinkle this August, a mandatory buyer representation agreement. Due to the recent NAR settlement, buyer representation agreements are now a required part of the process of purchasing real estate with an agent.

There are many misconceptions out there about how this will work in practice. It's actually pretty simple and may be a good thing for the business, keep reading to learn more. 

What's a Buyer's Representation Agreement?

Buyer representation agreements aren’t a new document. They have previously existed as an optional part of the process for agents and buyers, they just weren’t a required part of the…

3345 Views, 0 Comments

Read Full Post

A Ban on Short Term Rentals on Maui Won’t Solve The Affordable Housing Crisis

Short Term Rental Ban Maui

Update: July 24th, 2024 - The Maui County Planning Commission heard the remainder of public testimony on July 23rd during a marathon 13 hour session. Despite the overwhelming opposition to the bill, not only from the property owners who would stand to lose property rights, but from local business owners and local workers who would stand to lose their jobs and from experts demonstrating how the ban won't solve affordable housing, the commission is sending the proposal as it is with some comments to the Maui County Council to vote on.

All of the alternative, more likely to succeed solutions, brought forward during public testimony, were not considered by the…

21496 Views, 2 Comments

Read Full Post

The State of the Maui Real Estate Market 2021

Maui Real Estate Market Report

Looking back on the Maui real estate market of 2021, we saw a year unlike any we have seen before in total sales, prices, and buyer enthusiasm. A variety of unique factors combined to fuel an unprecedented acceleration in property value at the national and local levels. The unique Maui market witnessed record after record being broken along with a surge in demand for investment properties. Over half of the properties sold in 2021 sold at or above listing price. 

Historically high demand for homes and condos on Maui driven in part by historically low-interest rates, coupled with seller reluctance and low inventory, created an extreme seller’s market where more than 5,500 transactions led to over 4.5…

3874 Views, 0 Comments

Read Full Post

Condo Inventory and Sales Way Up

Maui Real Estate Market Report August 2020

August was a great month for the recovery of the condo market on Maui with some corrections happening in both sales and inventory. For years the Maui condo market has had low inventory and steadily been in a seller's market given the high demand and decrease in construction, especially of short term rentable condos. August saw a 97.4% increase in months supply of inventory and a total increase of 53.9% in total units on the market versus August of 2019. Closed sales were still down 7.7% versus 2019 but that's a huge improvement over the last few months without visitors on Maui to see these units in person. 

262 new condo listings in August almost doubled the 133 new listings last August. Notably, the…

1573 Views, 0 Comments

Read Full Post

Low-Interest Rates + Low Inventory = Stable Prices

Maui Real Estate Market

Since the shock of the coronavirus pandemic has worn off over the last few months, we've seen that real estate continues to be the most reliable place to invest. Nationwide there has been a real estate boom and while Maui isn't currently experiencing that same type of short term growth, we have seen surprisingly good numbers given the challenges the market has faced with the absence of tourism.

Working From Home

With working from home becoming less of a novelty and more of a reality, many are looking to Maui and Hawaii as the best place to work from home as we see many looking to relocate.

This has been good news for the residential sector of the market. While residential sales and prices…

1645 Views, 0 Comments

Read Full Post