South Maui Real Estate: Sept. 28th

The South Maui real estate market continues to exhibit a buyer-friendly environment, primarily characterized by continued price reductions across many segments as properties spend longer on the market.

Recent activity underscores a disconnect between buyer and seller expectations, highlighting an ongoing market normalization:

• Transactions Under Contract: There has been a notable surge in buyer interest, with 10 properties going under contract in this challenging market, suggesting buyers are responding to the adjusted pricing and increased negotiating leverage.

• Closed Transactions: Despite the rise in pending sales, the market velocity remains slow, with only 5 closed transactions recorded. This small number of closings reflects the extended time it takes for properties to move from contract to completion in the current environment.

This market is compelling for motivated buyers, as the combination of price adjustments and rising inventory offers increased opportunities for negotiation. Sellers, meanwhile, must remain highly strategic with pricing and presentation to achieve a successful close.

Makena Market Note: Adding to the region's exclusive inventory, a $10,000,000 vacant land parcel has been brought to market in Makena, underscoring the enduring high value of prime, undeveloped luxury real estate in the area.

September 28, 2025.pdf

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Aloha,

Ken