May 2023 Maui Real Estate Report Those waiting for Maui home prices to drop will be disappointed to learn that the median sales price of single-family homes (SFH) established a new all-time high in May: $1,271,500. At the same time, median prices for condos stayed steady at $835,000, just 8% from their all time high […]
Tag Archives: Market update
2023 Maui Real Estate Forecast
Maui Short Term Rentals Sees Massive Permit Shake Up
New Ordinance Impacts Maui Short Term Rental Maui county will be seeing a serious change in the ordinance governing short term rental home permit applications. Via Jarred Burkett, Maui County Planner of the Permitting Department, in summary said: Short term rental or officially transient short term rental applications will be grandfathered in and receive a […]
Kilohana Ridge: Kihei’s Most Highly Sought After Luxury Commuity
Kihei’s Crown Jewel Kilohana Ridge is one of Kihei’s most desirable neighborhoods for an abundance of reasons. The community is only a street over from Kilohana Waena and Kilohana Hema; similar locations in almost every aspect besides price point and construction. Both Waena and Hema are custom home neighborhoods, while Ridge was developed by Towne Island […]
How the Maui Real Estate Market Currently Fares
Over the last couple of years, the Maui homes for sale haves slowly began to appreciate their once lost value. The Maui market tends to lag 6-8 months behind the west coast of the US mainland. Since our market lags a little behind, many domestic and foreign investors are jumping on the great buying opportunities. The market […]
Wailea and Makena Market Residential Report: July 2013
Market Activity Activity in the Wailea and Makena residential markets for July was essentially non existent, as there were no homes closed in the month. However, a slow month in the market shouldn’t be much to worry about, because the market tends to fluctuate in cyclical patterns. For example, even though there were no closings, there […]