$10,000 Closing Credit*
$1,100,000
1,066 SqFt
2 Beds
•2 Baths
Todd J Hudson RB-21913, Listing Office: Keller Williams Realty Maui-Ki
Is West Maui, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Maui has remained a Buyer's Market.
Key Takeaway
West Maui is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Maui, HI
How much do homes in West Maui, HI cost?
Median Sold Price
$1,071,666
$971/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$71,666(+7.2%)
Key Takeaway
Homes in West Maui have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in West Maui was $1,071,666 in October 2024, up 7.2% from last year, and the median price per square foot was $971.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $700K | -6.7% |
| 2 Bedrooms | $1.1M | $1.0M | -12.1% |
| 3 Bedrooms | $1.4M | $1.7M | +23.5% |
| 4 Bedrooms | $3.5M | $2.6M | -26.8% |
| 5+ Bedrooms | $4.9M | $2.1M | -58.0% |
Summary: West Maui housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 58%.
Median Sold Price Compared To Nearby Neighborhoods
| West Maui | $1.0M | $1.0M | +7.2% |
| Kaanapali | $1.5M | $1.5M | +3.3% |
| Kahana / Mahinahina | $808K | $817.5K | +1.2% |
| Honokowai | $964.9K | $950K | -1.5% |
Housing Supply in West Maui, HI
How many homes are available in West Maui, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 380 | 403 | +6.1% |
Summary: The West Maui real estate market had 403 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 154 | 165 | +7.1% |
| 2 Bedrooms | 114 | 124 | +8.8% |
| 3 Bedrooms | 63 | 62 | -1.6% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The West Maui housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Maui, you may be able to get a good deal. 85% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in West Maui in October 2024, the same as the previous month. Of the 20 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% were sold over asking.
Days on Market for West Maui, HI
We’re sorry, we don't have information for this market at the moment
