South Maui Real Estate: March 30th

The South Maui real estate market experienced 30 price adjustments in the past week, comprising 21 condominium units and 9 single-family residences. The aggregate price reduction totaled $6,134,700. This data prompts an analysis of potential market timing; specifically, whether earlier price adjustments would have resulted in a higher rate of closed transactions. While maximizing sale price is a primary objective for sellers, the strategic balance between optimizing profit and expediting the sale to pursue subsequent opportunities warrants careful consideration.

The South Maui market is showing signs of adjusting to current sales realities, with new listings appearing to be priced more accurately. This downward trend in list prices suggests a market correction influenced by lingering microeconomic uncertainties. Although high-end, exceptional properties continue to command premium prices, even these are not entirely immune to recent price reductions.

Here's what happend this past week in South Maui's real estate market....

South Maui March 30, 2025.pdf

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When it comes time to sell your property, pricing the property correctly based on the current market is key. My definition of current is within the past six months. There are too many things happening or not happening on Maui and the world to consider.

Enjoy your Sunday.

Aloha,

Ken