📊 Maui Real Estate Market Report – June 2025: Inventory Rises, Prices Shift, and Opportunities Emerge

🌺 June 2025 Maui Real Estate Market Overview

The Maui housing market continued its correction in June 2025, revealing critical shifts that both buyers and sellers should pay attention to. Inventory is growing, median prices are adjusting downward, and homes are taking longer to sell. For savvy real estate investors, this could be the golden window you’ve been waiting for.

Let’s dive into the latest Maui real estate statistics, compare trends from previous years, and look at what it all means for you—whether you're buying, selling, or investing in paradise.

🏠 Single Family Home Market – June 2025

Key Metrics:

• New Listings: 86 (↓ 23.9% YoY)

• Pending Sales: 50 (↓ 3.8%)

• Closed Sales: 66 (↓ 1.5%)

• Median Sales Price: $1,315,000 (↓ 5.7%)

• Average Sales Price: $2,215,481 (↑ 32.9%)

• Inventory: 442 homes (↑ 25.9%)

• Months Supply: 8.1 (↑ 42.1%)

• Days on Market: 143 days (↑ 21.2%)

• Percent of List Price Received: 96.0%

🔍 What This Means

The median sales price dipped, but the average sales price surged—which tells us high-end homes are still selling, possibly to cash buyers or second-home seekers. However, overall demand is slowing.

Inventory growth and a rise in months supply of inventory (8.1 months) means this market is shifting toward neutrality—potentially even favoring buyers for the first time in years.

If you’ve been waiting for less competition, this could be your moment.

🏢 Condominium Market – June 2025

Key Metrics:

• New Listings: 127 (↓ 8.6%)

• Pending Sales: 54 (↑ 3.8%)

• Closed Sales: 56 (↓ 5.1%)

• Median Sales Price: $700,000 (↓ 28.6%)

• Average Sales Price: $1,311,671 (↓ 6.6%)

• Inventory: 884 condos (↑ 30.0%)

• Months Supply: 15.6 (↑ 57.6%)

• Days on Market: 125 days (↑ 5.9%)

• Housing Affordability Index: 57 (↑ 42.5%)

🔍 What This Means

Condos are significantly more affordable than this time last year. With prices down nearly 29% and inventory up, the market has opened wide for entry-level buyers, second-home seekers, and STR (short-term rental) investors.

👉 Read about Maui’s latest Airbnb rules and zoning updates to understand where condo investing still works.

📊 Combined Market Snapshot (All Properties – June 2025)

• New Listings: 232 (↓ 14.1%)

• Pending Sales: 108 (↓ 6.1%)

• Closed Sales: 134 (↓ 5.0%)

• Median Sales Price: $939,250 (↓ 27.5%)

• Average Sales Price: $1,701,786 (↑ 5.8%)

• Inventory: 1,528 total units (↑ 25.2%)

• Months Supply: 12.4 (↑ 45.9%)

This month continues the theme we’ve seen all year: more inventory, fewer sales, and increasing buyer power. It’s a “wait and see” market for many—but those who act now may capture better pricing and terms before the next upswing.

🏖️ Case Study: Kihei & Wailea Condo Markets

• Kihei Median Condo Price: $780,000 (down from $980,000 in June 2024)

• Wailea/Makena Median Condo Price: $2.16M (down from $2.475M)

• Wailea/Makena Condo Sales Volume: $37.4M in June 2025

📍Kihei: Still one of the most attractive locations for STRs and second homes. The price drop presents a key opportunity to lock in long-term value.

📍Wailea/Makena: Luxury condo sales are active but down in volume—suggesting room to negotiate, especially for cash buyers.

📈 Trends to Watch for the Rest of 2025

1. Higher Inventory: Months supply has grown steadily—single-family homes now sit at 8.1 months, condos at 15.6 months.

2. Longer Time on Market: Properties are taking 20%+ longer to sell than this time last year.

3. Price Corrections: Especially notable in the condo segment. Don’t expect 2021-level bidding wars right now.

4. Affordability Improving: The Housing Affordability Index rose 7.1% for homes and 42.5% for condos.

💼 Advice for Buyers

• Take Advantage of Negotiation Power: Inventory is high and homes are sitting longer—get closing credits, price reductions, or even furnishings included.

• Lock in Before Rates Drop: If interest rates decline later this year, buyer competition could return fast.

• Don’t Wait for the Bottom: If you find the right property, the current market gives you time to do due diligence without pressure.

👉 Explore our guide: Retiring in Paradise: Buying a Home on Maui for Retirement

🏡 Advice for Sellers

• Strategic Pricing Is Key: Overpricing will leave your home sitting. Homes that are priced right still sell.

• Stage & Shine: With higher competition, listings need to stand out visually and emotionally.

• Understand Buyer Psychology: Today’s buyer wants value and move-in-ready convenience. Make your home irresistible, not just available.

📣 Let’s Create Your Strategy

Whether you're a first-time buyer, seasoned investor, or homeowner wondering what your property is worth in today’s market—I can help.

Let’s connect for a custom home valuation or buyer consultation.

📲 Call/Text: (808) 344-3584
📧 Email: Todd@The808Team.com
🌐 Website: www.The808Team.com

🧠 Related Blog Posts to Explore:

• Airbnb Rules in Maui: What Investors Need to Know in 2025

• Investing in Maui Real Estate: Pitfalls to Avoid in 2025

• Why Work with Todd Hudson as Your Maui Buyer’s Agent