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Cost of Single Family Residential Homes for Sale in Maui on the Rise

Housign market sees steadfast improvement on the island of Maui.
December 21, 2018



The housing real estate market continues to show some steadfast improvement on the island of Maui. It appears as if the last few months of the year are relatively calm here on the island, but according to the latest Maui real estate market trends, there are a few reasons for sellers of residential homes to celebrate and here’s why. 

According to the latest report for October, the median sales price for single-family homes for sale on Maui increased by 15.8 percent to $774,223 compared to the same time last year. That’s great news for those looking to sell on Maui. That being said, condominium home sales prices dropped 3.6 percent to $499,000 last month so condo home owners should keep their eyes on the market. Don’t wait to sell because it’s going to be an interesting year ahead for real estate in Hawaii and on Maui in general. 

Other statistics found from the latest report include that overall new listings decreased by 3.3 percent for single family homes and 17.2 percent for condominium homes. Pending sales increased by 15.2 percent for single Family homes but decreased by 12.9 percent for condominium homes. Month's supply of inventory decreased by 13.6 percent for single family homes on the island and by 24.5 percent for condominium homes.

Residential Home Sales for a Few of Our Favorite West Maui Areas
Kaanapali homes for sale saw over a 63% increase in the number of sales year-to-date over 2017 but only a 3.4% increase in average price. Homes for sale in Lahaina saw a 14% drop in overall sales and an almost 3% increase in average sale price.

Other findings include that stock markets overall had a setback in the month of October, but there’s still reason to be optimistic for the real estate market on Maui. The good news is that the unemployment rate has been below 4 percent for three consecutive months so that may contribute to home builder and buyer confidence.

There’s certainly plenty of real estate for sale at a decent price right now on Maui. If you’re researching homes for sale in Hawaii and have been considering the island of Maui for a potential place to buy then you came to the right website. Here at KW Island Living, we have a group of certified specialists who know all-things real estate on the islands. Our agents are always ready to assist you with your real estate journey so you don’t have to do it alone. If you’re interested in seeing what’s for sale on the island or simply would like some advice before buying, then contact us today. We can’t wait to hear from you and have a wonderful week everyone.

Blogs for December 2018

The Best in Homes for Sale in Maui

Posted on December 28, 2018

What makes a good home on Maui? Well, there are many factors but among the top are the location, the style, accessibility, amount of privacy and land and the uniqueness of the home itself. Well, right now there’s a home for sale in Maui that includes all of… Continue Reading

Cost of Single Family Residential Homes for Sale in Maui on the Rise

Posted on December 21, 2018



The housing real estate market continues to show some steadfast improvement on the island of Maui. It appears as if the last few months of the year are relatively calm here on the island, but according to the latest Maui real estate market trends, there are… Continue Reading

Aston at Papakea Resort Offers Affordable Oceanfront Condos for Sale

Posted on December 14, 2018


West Maui has so many great real estate property opportunities that it may seem difficult to choose which one to purchase. With so much area to cover from Lahaina to Kaanapali it can sometimes seem like an extreme task to find which neighborhood and condo to buy… Continue Reading

West Maui Statistics Overview

Posted on December 09, 2018


Our latest West Maui statistics summary.

October's Sales Unit Volume
Residential sales declined to 5 homes sold (September had 10 sales)
Condominium sales increased to 51 units sold compared to 40 in September

October's Median SALES prices:
The Residential median price held steady at $1,350,000 (September was $1,349,600)
The… Continue Reading

Celebrate 2019 New Years on Maui with These Fun Activities

Posted on December 07, 2018

Are you ready for the new year? Has 2018 seemed to drag on too long or was it a great year but you’re ready to see what 2019 has in store for you? Well, you’re not alone and there are so many reasons to celebrate the new year.… Continue Reading

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Maui Luxury Real Estate Team
Keller Williams Realty Maui


Whalers Village
2435 Kaanapali Parkway, Suite A-3
Lahaina, Maui, Hawaii 96761

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