Market Intelligence

Luxury Market Report: Island of Maui, Hawai’i | EOY 2024

From the desk of Elisa J Lipton, Luxury Realtor (RS), Resort & Second Home Specialist (RSPS)

 

Maui Feature Image

203 Plantation Club Drive | Kapalua Resort, Maui | Listed by Josh Jerman & Elisa J Lipton

Residential 3m+ Luxury Market Overview

Maui’s luxury market shows strong growth, but increased inventory + strategic pricing will shape the Isle’s 2025 real estate market.

 

 

Altogether, the luxury market shows strong historical growth when using a long-term outlook. Maui’s 2025 market presents opportunities and challenges.

The rise in median sold price and price per square foot reflects Maui’s enduring, timeless appeal.

Increased inventory, especially in the luxury segment, may lead to price adjustments, especially for condos facing higher insurance costs.

The moderate increase in median sold prices suggests a healthy market, but the accompanying upward trend in days on market suggests a possible need to be conscious of pricing strategies.

Maui Luxury Market

Featured Listings

Featured Listing

203 Plantation Club Drive, Kapalua Resort, Maui

 More Info

$16,600,000  |  8,252 sqft Living  |  3.83 acres  |  6BR / 7.5BA  |  MLS# 404517

Located within the prestigious Kapalua enclave, 203 Plantation Club Drive offers a blend of luxury, privacy, and spectacular ocean views. This generational estate spans 2.65 meticulously landscaped acres, complemented by an exclusive 1.18-acre easement that enhances its privacy and panoramic vistas…

 

Featured Listing

Wailea Beach Villas | 3800 Wailea Alanui Drive G101, Wailea Resort, Maui

More Info

$7,500,000  |  2,889 sqft Living  |  3BR / 3.5 BA  |  MLS# 404390
Welcome to Wailea Beach Villas, where luxury and comfort come together in one of Maui’s most exclusive communities. This 3-bedroom, 3.5-bathroom ground-floor villa offers 2,889 square feet of thoughtfully designed living space, complete with a private plunge pool, an outdoor shower, and seamless indoor-outdoor living areas. . .

Do you have questions about this report or featured listings? 

E-mail or text me and let’s discuss!

      elisalipton@hawaiilife.com

808.726.5408

About the Author

Elisa Lipton

Elisa Lipton is a REALTOR Salesperson, Resort and Second Home Property Specialist (RSPS), HI RS-81723 | CA DRE 02038216 with Hawai'i Life. Elisa Lipton is a Realtor Salesperson, Resort and Second Home Property Specialist (RSPS) with Hawai'i Life, based on the beautiful Island of Maui. Her natural inclination towards photography, writing, travel, continued learning, and a wellness-forward lifestyle have proven a consistent backbone to every endeavor, undoubtedly flowing into professional value as an asset to marketing and selling real estate. In her free time, she embraces the ever active lifestyle the Islands offer. You can email me at elisalipton@hawaiilife.com or via phone at (808) 726-5408.

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