Buying a Condo on Maui in 2025: What You Need to Know

If you’re thinking about buying a condo on Maui this year, here’s the good news: you have more options than we’ve seen in a long time. The May 2025 data shows a 37.8% jump in condo inventory, with 138 days on market (up 38%). Translation? Sellers are negotiating, and buyers have room to breathe.

But this isn’t just about numbers—it’s about strategy.  It's also the way I bought my first and second pieces of Hawaii real estate here on Maui.

Here are five key things you should keep in mind:

1. Understand zoning. Not every condo is eligible for short-term rentals. If you’re buying with income in mind, make sure the complex is properly zoned and permitted.

2. Watch the association fees. Monthly maintenance costs vary widely. Some cover everything. Others don’t. Always know what you’re paying for.

3. Location is leverage. Proximity to beaches, restaurants, and shops boosts both enjoyment and resale value. Condos in walkable areas or near the water still carry premium potential.

4. Older buildings = more due diligence. Many Maui condos were built decades ago. Get clear on the reserve studies, upcoming assessments, and maintenance history.

5. Think long-term. With median condo prices down 10.3% year-over-year to $762,500, this could be your entry point. But Maui tends to reward long holds more than quick flips.

Condos offer one of the most flexible ways to step into Maui real estate—whether you’re investing, retiring, or planting roots.

Ready to explore condo options that match your goals? Let’s navigate this market together.
📞 Benjamin Finnerty, Realtor®
The 808 Team | Keller Williams Realty Maui
📧 benjamin@the808team.com
📱 (808) 481-9748
🌐 benjamin.the808team.com