The Maui real estate market continued shifting toward a more balanced and increasingly buyer-friendly environment in October 2025. Prices softened across multiple sectors, inventory expanded, and sales activity varied by property type. Buyers now hold more negotiating power, while sellers must approach pricing and presentation strategically.
Single Family Homes
• Median price: 1,245,000 (down 3.1% YoY)
• Average price: 1,532,778 (down nearly 20% YoY)
• Days on market: 138 (about the same as last year, down 0.7% YoY)
• Closed sales: Up 20.8% YoY
• Pending sales: Down 1.7% YoY
• Inventory: 439 homes for sale (up 26.1% YoY)
• Months of supply: 8.0 (up 45.5% YoY)
→ What this means: The single family market is steady but clearly shifting toward buyers. Increased inventory and softer pricing create strong negotiation opportunities, while sellers must be realistic and strategic.
Condominiums
• Median price: 625,750 (down 32.0% YoY)
• Average price: 936,732 (down 20.9% YoY)
• Days on market: 182 (up 30.9% YoY)
• Closed sales: Down 4.6% YoY
• Pending sales: Up 13.3% YoY
• Inventory: 839 units (up 21.2% YoY)
• Months of supply: 14.4 (up 38.5% YoY)
→ What this means: Condos saw the largest correction across the market. High inventory and longer selling times give buyers considerable leverage. Sellers must lean into competitive pricing, strong marketing, and exceptional condition to stand out.
Vacant Land
• 12 closed land sales in October
• Median price: 620,000
• Month-to-month pricing remains variable
• Buyer interest remains steady in Upcountry, Haiku, and South Maui
→ What this means: Vacant land remains a selective but active segment. Buyers continue to explore long-term opportunities, especially in areas with attractive acreage or build potential.
Key Market Trends
• Inventory is rising across every category, creating more options for buyers.
• Prices are softening, most noticeably in the condo market.
• Days on market are increasing, reducing urgency and increasing negotiation windows.
• Sellers face more competition and must prioritize strategy, pricing, and presentation.
What It Means for You
→ Buyers benefit from expanded options and stronger negotiating power.
→ Sellers should focus on calibrated pricing and premium presentation to capture qualified buyer attention.
→ Investors may find promising opportunities as properties stay on the market longer and pricing adjusts.
If you are considering buying, selling, or refining your investment strategy, I am here to help you navigate the best opportunities in your preferred neighborhoods and price ranges.
