South Maui Real Estate: Nov. 23rd

The Inventory Surge: More Choices on the Market

We are seeing a notable expansion in active listings across South Maui, giving prospective homeowners and investors much-needed breathing room and choice.

• Condominiums: The current inventory stands at an impressive 400 active condo listings. This heightened supply, particularly in the condo sector, is partially influenced by continued regulatory uncertainty surrounding short-term rental properties, which has prompted some owners to list their units. This creates a clear buyer's market for condos, where negotiation and strategic selection are more critical than ever.

• Single-Family Homes: The inventory for single-family homes has also increased, currently totaling 135 active listings. While this segment has historically been more resilient in holding value, the larger selection signals a move toward a more balanced environment, a welcome change from the hyper-competitive frenzy of recent years.

A Slowed Pace, But Deals are Closing

While the available properties have increased, the pace of new contract activity suggests buyers are taking their time, exercising caution, and leveraging their newfound negotiation power.

In the past two weeks, only two properties (new to the market) have gone under contract. This figure is a clear indication that:

1. Buyers are discerning: They are no longer jumping on the first available property but are meticulously evaluating price, condition, and long-term value.

2. Days on Market (DOM) are lengthening: Properties are spending more time on the market, providing buyers with the crucial time needed for thorough due diligence and competitive comparisons.

November 23, 2025.pdf

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As always, enjoy the rest of your Sunday and pre-happy turkey day!

Aloha,

Ken