Maui’s Market Just Blinked: August 2025 (YTD) — What Shifted Across Homes, Condos & Land
Data current through August 2025 from the REALTORS® Association of Maui (RAM). For full tables and charts anytime, visit MauiRealEstateStats.com.
The 2025 story for Maui Real Estate is a market that’s normalizing: more selection, longer market times, and smarter negotiations. Year-to-date (YTD) through August, closings are lower versus 2024, medians have eased overall, and buyers are taking their time—especially in the condo segment—while single-family pricing at the median is holding its ground. Below we move from the macro picture to detailed takeaways for homes, condos, land, and the key sub-markets buyers ask us about most. If you want the raw numbers behind every chart, the complete RAM report is posted at MauiRealEstateStats.com.
Shopping or selling soon? Start with our core guides and live listings: Get our free Maui Buyers Guide, Maui Real Estate (all island), Kāʻanapali Real Estate, and Plantation Estates at Kapalua. Hotel Zoned Condos Immunie to the Proposed Ban? Here’s the running list of hotel-zoned condos for sale.
Macro Backdrop (Why This Moment Feels Different)
National housing data shows a gentle thaw: existing-home sales improved in July with a 4.01M units sold and inventory rose versus last year while prices were essentially flat—an environment that typically gives buyers better negotiating power. Mortgage rates have also eased into early September (30-year averages near the mid-6% range), nudging affordability in the right direction. Hawaiʻi’s visitor counts softened in July but longer-term state forecasts still point to gradual growth. Maui was off compaed to 2019 for visitor counts and spending by 25% and 17% respectively.
The local upshot: more choices on Maui, patient offer timelines, and a premium on leading the market in value and presentation. (National sources: NAR July Existing-Home Sales & Housing Snapshot; Freddie Mac PMMS. Hawaiʻi macro: DBEDT releases.)
For the Maui specifics, see the full RAM report at MauiRealEstateStats.com.
All Properties — YTD Through August 2025 vs. 2024
- Pending Sales: 1,003 (−12.5%)
- Closed Sales: 1,029 (−20.7%)
- Median Sales Price: $1,014,500 (−11.8%)
- Average Sales Price: $1,516,195 (−9.3%)
- Average Days on Market: 141 (+19.5%)
- % of List Price Received: 95.4% (−2.1 pts)
Read the full “All Properties” table and chart at MauiRealEstateStats.com.
Single-Family Homes — YTD Through August 2025
- New Listings: 802 (−1.5%)
- Pending Sales: 452 (−10.1%)
- Closed Sales: 469 (−11.5%)
- Median Sales Price: $1,300,000 (flat)
- Average Sales Price: $1,858,823 (+5.2%)
- Average Days on Market: 137 (+14.2%)
- % of List Price Received: 96.0% (−2.0 pts)
Takeaway: Unit volumes are down, but the median is steady and the average is higher—evidence that top-tier, view-forward properties continue to trade. In a slower market, pricing to the last 60–90 days and launch quality (staging, media, story) matter more than ever. From pricing to media to negotiation—see our blueprint for selling in this market
Single-Family Highlights by Area (YTD)
- Kāʻanapali: Sales up to 12 (from 9); median up ~67%; total dollar volume up ~113%. Explore current inventory: Kāʻanapali Real Estate.
- Kīhei: 65 sales (−13%); median up ~3.7%; total volume up ~22.5%—families still chase beaches, sun, and schools. Kihei Real Estate.
- Wailuku: 91 sales (−15%); median down ~4%; total volume −16.8%—more balanced pricing and time for due diligence. Wailuku Real Estate
- Kapalua: 8 sales (+60%); higher medians and volume on fewer but larger trades. Tour the flagship neighborhood: Plantation Estates at Kapalua.
Every area table and sparkline lives in the YTD pages of the RAM PDF—see MauiRealEstateStats.com.
Condominiums — YTD Through August 2025
- New Listings: 1,194 (−6.4%)
- Pending Sales: 463 (−13.8%)
- Closed Sales: 465 (−26.2%)
- Median Sales Price: $710,000 (−21.1%)
- Average Sales Price: $1,198,126 (−21.8%)
- Average Days on Market: 142 (+30.3%)
- % of List Price Received: 95.1% (−2.1 pts)
Takeaway: This is where affordability has improved the most. With more selection and longer marketing times, buyers have room to negotiate—especially on units needing updates or with elevated carrying costs. If nightly rental potential is part of your plan, start with hotel-zoned condos for sale and then calibrate building-by-building with us. Full condo charts are at MauiRealEstateStats.com.
Condo Highlights by Area (YTD)
- Wailea/Mākena: 56 closings (−54%); median down modestly (~6%) but values remain luxury-tier.
- Kīhei: 161 closings (−24%); median down (~15%); still the workhorse market for vacation-friendly ownership.
- Kāʻanapali: 42 closings (−30%); average price roughly flat; median down (~18%).
- Napili/Kahana/Honokōwai: 71 closings (−23%); median down (~10%).
- Wailuku: 46 closings (+7%); median roughly flat (~−3%) with steady local demand.
Want to compare neighborhoods side-by-side? We’ll send you our private building matrix (fees, short-term rules, recent comps).
Land — YTD Through August 2025
- All-MLS Sales: 95 (−30.7%)
- Average Sales Price: ~$1.38M (−29.3%)
- Total Dollar Volume: ~$130.7M (−51.1%)
- Median: down ~25.5% YTD (value varies by area; see full table).
Takeaway: Land is the most discretionary segment, and 2025 reflects that. The buyers active today are patient and value-driven, but well-sited, view-rich parcels with water/utilities still command strong outcomes. See every district’s land stats at MauiRealEstateStats.com.
What To Do With This Market
Buyers
- Use the inventory. In condos, improved selection + time on market create value windows—especially for refresh opportunities.
- For single-family, act quickly on well-priced view homes; the best properties still command attention.
- Have lending fully dialed. If rates drift lower, you’ll be positioned to win favorable terms.
Sellers
- Price to the last 60–90 days, not last year. First-impression pricing matters. Take advantage of our Free Staging and Accesorizing
- Launch like a luxury brand: pre-inspection, staging, world-class media, and a compelling narrative.
- Increase buyer reach with flexibility (rate buydowns, furnishings, or HOA credits where smart).
Want to see the underlying charts and tables yourself? The complete August 2025 RAM PDF is always posted at MauiRealEstateStats.com.
When you’re ready to translate the data to a specific home, condo, or neighborhood, connect with Eric West at 808-298-2030 a seasoned Maui Real Estate Agent who lives this market daily.
Keep Reading & Watching
For a wider lens on lifestyle demand and long-term value on the island, read our feature: The Secret Billionaires Already Know About Maui Real Estate. And yes—every monthly dataset and chart is one click away at MauiRealEstateStats.com.
About Eric, Lisa & The West Team
Eric and Lisa West lead West Maui’s most 5-star-reviewed agent team, pairing data-driven strategy with deep local knowledge across oceanfront estates, vacation-rental condos, and legacy land. Eric’s market videos are the most-watched in Hawaiʻi real estate, and Lisa’s eye for staging ensures every listing shines. Whether you’re a first-time island buyer or a high-profile client, our mission is simple: deliver unmatched service, exposure, and results—while making you feel like family.
Ready to buy like a pro—or sell with confidence? Tap the buttons above, or subscribe to our YouTube channel for weekly market updates and property tours: youtube.com/@hawaiirealestateorg.
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