South Maui Real Estate: June 22

South Maui's real estate market is currently experiencing a noticeable slowdown, with many sellers resorting to price reductions and only a handful of new escrows opening. This seasonal lull, typical for summer, is being amplified by the ongoing uncertainty surrounding Mayor Bissen's proposed short-term rental bill. The prospect of thousands of vacation rental units potentially being phased out of the market is causing hesitation among both buyers and sellers, leading to increased inventory and a more challenging environment for transactions, particularly within the condo segment. While the full impact of the bill remains to be seen, its shadow combined with the usual summer quietude is definitely making waves in South Maui's property landscape.

Here is how our market performed this past week...

June 22, 2025.pdf

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Thank you for your continued support. Enjoy the rest of your Sunday.

Aloha,

Ken