South Maui Real Estate: July 6th

The South Maui real estate market continues to heavily favor buyers, marked by a notable increase in price reductions and a significant number of properties being pulled from the market. This trend is exacerbated by ongoing uncertainty surrounding short-term rental regulations, which has led to many vacation rental owners facing lost income and potential cancellations, further pushing properties towards long-term rentals or sale. Last week, the Fourth of July holiday likely contributed to a quieter market, with very few properties going under contract. Buyers are now in a strong negotiating position, with around 73% of homes in Maui County selling below asking price in June 2025, as sellers grapple with elevated inventory and the shift away from a red-hot market. Here is how the market performed....

July 6, 2025.pdf

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Enjoy the rest of your Sunday.

Aloha,

Ken