🌴 Maui Real Estate Market Update – August 2025

Thinking about buying or selling a home on Maui? Here’s the latest on what’s happening in our housing market as of August 2025.

🎥 Watch the full video market update here on YouTube

🏡 Single-Family Homes

The single-family market showed some mixed signals in August:

• New listings: up 23% compared to last year

• Pending sales: up nearly 20%

• Closed sales: down about 6%

• Median price: $1.277 million, down 3.6% year-over-year

• Days on market: homes are taking longer to sell, averaging 137 days

➡️ What this means: More homes are hitting the market, but not all are closing quickly. Buyers are gaining more choice, and sellers need to be competitive with pricing and presentation.

🏢 Condominiums

The condo market told a different story:

• New listings: down almost 10%

• Pending sales: up 2%

• Closed sales: down nearly 15%

• Median price: $650,000, a drop of 35% from last year

• Days on market: trending slightly lower, meaning condos are selling a bit faster once listed

➡️ What this means: Condo prices saw a significant dip, creating new opportunities for buyers. Inventory is tighter than single-family homes, but well-priced units are still moving.

📊 What This Means for You

Overall, inventory is building in both homes and condos. This creates more choices for buyers while also creating more competition for sellers.

If you’re a buyer, this could be your chance to find the right property at a better value. If you’re a seller, it’s crucial to work with a knowledgeable agent to price your home strategically.

🌺 Final Thoughts

Maui continues to be one of the most unique and desirable real estate markets in the world. Whether you’re planning to buy, sell, or just want to stay updated on market trends, staying informed is key.

🎥 Don’t forget to check out the full video update here:
👉 Watch on YouTube

✨ Ready to talk about your next move in Maui real estate? Reach out today — I’d love to help you navigate the market.