Have Prices Dropped on Maui Home Prices? The Top 25 Best Value Properties Right Now

February 2026 Market Update | West Maui Single-Family Homes

The Short Answer: Prices Flat, But Value Improved Dramatically

After analyzing 2,243 sold properties from 2023-2026 and comparing them to current West Maui listings, here's what the data reveals: Maui home prices haven't dropped significantly—but the VALUE available to buyers improved 10-30%.

Historical Price Trends

From our analysis of sold properties:

  • 2023 Median: $1,200,000
  • 2024 Median: $1,300,500 (+8.4%)
  • 2025 Median: $1,295,000 (-0.4%)
  • 2023 Average: $1,738,869
  • 2024 Average: $1,800,092
  • 2025 Average:  $1,791,787

Prices essentially flatlined in 2025 after…

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The Developer's Secret: Why 300 Mahana Ridge Is Kapalua's Most Intelligent Purchase

Aerial rear view 300 Mahana Ridge luxury estate with infinity pool and manicured grounds in Mahana Estates Kapalua

When the Man Who Built Paradise Chose His Own Slice of It

There's a question worth asking when you're considering a $5.95 million home: If you could choose any lot in an entire 124-acre luxury development—all 51 parcels at your fingertips—which would you pick?

The developer of Mahana Estates answered that question with his own address: 300 Mahana Ridge.

Not the highest lot. Not the largest. But the one he knew, with intimate knowledge of every elevation change, every sunset angle, every view corridor across the property, offered something the others couldn't match—the perfect alchemy of view, convenience, and immersion in the Kapalua lifestyle.

He built…

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Looking for the Best real estate Agents on Maui? Start with 100+ Five-Star Reviews | Eric & Lisa West

"Why Experience Matters More Than Ever in Maui's 2026 Real Estate Market"

The Maui real estate market has been through a rollercoaster over the past two years, and if you're considering buying or selling property on the Valley Isle, you might be wondering: what really matters when choosing a real estate agent?

Eric West Maui REALTOR

Aloha! My name is Eric West and I've been selling real estate  since 2006— two decades of navigating market ups and downs, policy changes, and everything in between. Together with my wife Lisa and our sons Dylan, Colton and Ryan (all licensed as REALTORS as well!), we've built Team West Maui on a simple foundation:

God

Followed by…

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The honest truth about what to expect over the next couple years

Look, Maui has always been special. It's not just about buying property—it's about buying into a whole different way of life. Whether you're dreaming of retirement, looking for a second home, or finally making the move you've been thinking about for years, you're probably wondering the same thing everyone else is asking right now:

With everything going on—higher rates, new regulations, the market cooling off—is this actually a good time to buy?

Let me give you the straight answer, no sales pitch included.

Why Buying in Maui Still Makes Sense

The long game still works in your favor

Yeah, the market's had its ups and downs lately. But if you zoom out, Maui real estate has…

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Maui vacation rental ban Bill 9 Signed Into Law: What the Short-Term Rental Phase-Out Means for West Maui, South Maui, and the Rest of the Island

Maui just entered a new chapter in its long-running housing debate.

Mayor Richard Bissen has officially signed Bill 9 into law, marking one of the most consequential zoning and housing decisions Maui County has made in decades. The legislation directly targets short-term vacation rentals (STRs) operating in apartment-zoned districts, with the stated goal of restoring housing availability for local residents.

For decades, certain apartment-zoned buildings were allowed to operate legally as vacation rentals due to historical zoning exemptions dating back to the late 1980s. These units are often…

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 Agenda Item D-10 and the Future of East Maui Water: What’s Really Going On, and Why Locals Should Care

For more than a century, East Maui’s streams have fed something bigger than ecosystems or fields — they’ve fed identity, tradition, and survival. Yet the authority over that water has rarely been in the hands of the people who live closest to it. That tension didn’t begin yesterday, and it hasn’t ended today.

Now, Agenda Item D-10 has brought it all back into the spotlight.

This proposal, before Hawaiʻi’s Board of Land and Natural Resources (BLNR), isn’t just another procedural document. It represents a fork in the road: who controls East Maui’s diverted surface water going forward, under what terms, and for how long.

If you live on Maui —…

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If you’re looking to buy a condo on Maui that allows legal vacation rentals in 2025, or you already own one, this guide gives you the most up-to-date, no-nonsense breakdown. The landscape has changed dramatically after the Temporary Investigative Group (TIG) Report, delivered on October 14, 2025 — and it directly affects which condos will stay legal for short-term rentals moving forward.

 

This is the most current and complete explanation of what’s actually happening.


1. Why Maui’s vacation-rental rules are changing

Three major forces brought us here:

• Maui’s housing crisis was already serious — the 2023 Lāhainā fires pushed it into emergency territory.

• Bill 9 was introduced to phase out short-term rentals in Apartment-zoned…

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Maui, HI — November 14th, 2025.  Remember when buying on Maui felt like entering a bidding war you'd already lost? Those days are behind us.

The market has shifted from urgency to opportunity. The post-pandemic rush has mellowed into something more strategic and, honestly, more reasonable. Inventory is deeper, timelines are longer, and buyers finally have room to breathe and think clearly. Year-to-date, closed sales are down about 18–20%, and the island-wide median—hovering just above a million dollars—has softened around 12–14% from last year. Days on market are stretching toward 130–150, and sellers are closing closer to 95% of their asking price.

Translation? Negotiation is back. But demand hasn't disappeared—and that's exactly where today's…

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Maui Real Estate: 2025 Vacation Rental Ban Update — Full List of Exempt & Non-Exempt Condos, County Report Reveals Winners and Losers

Maui, HI — October 14, 2025. After months of anticipation, Maui County has released the Temporary Investigative Group (TIG) Report — a defining document that outlines how officials plan to phase out short-term rentals (STRs) in Apartment-zoned districts. The report reveals, for the first time, which condominium projects are proposed for exemption and which may lose STR eligibility altogether.

Important: This report is a recommendation, not yet law. The County Council will now deliberate, amend, and eventually vote on the TIG findings before any phase-out becomes official.

Maui County Council

Summary of the TIG Findings

The TIG…

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The Maui Real Estate Market Update – September 2025

Data current through September 2025 from the REALTORS® Association of Maui (RAM). For full charts and monthly PDFs, visit MauiRealEstateStats.com.

The rhythm of the Maui real estate market has shifted from sprint to stride. Inventory is deeper, timelines are longer, and strategy matters again. Year-to-date, closed sales across all property types are down about 19% while the island’s overall median price—just over the one-million-dollar mark—has eased roughly 13% from last year. Listings now average about 140 days on market, and most sellers are closing near 95% of list—proof that negotiations are back, but demand hasn’t disappeared.

Single-Family Homes: Holding Their Line

For those…

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