Million Dollar Maui | High End Real Estate Market Gaining Traction

You heard it here. Better buy one before they are all spoken for.

What I held with strong conviction 87 days ago, I still adamantly believe to this day. That luxury real estate on Maui, especially the high end oceanfront & large parcel residential sector will be more in-demand post pandemic, than pre pandemic 2020.

Kapalua’s Only 5 Beachfront Neighborhood | Kapalua Place, Oneloa Bay

Once urban based island lovers have more time to consider the freedoms of the new norm – virtual, independent, tech based work & schooling from home without cross town commutes or endless hours logged in the office or classroom. Many will trade the densely populated cities & congestive atmosphere they know as urban life for the adventurous, soul enriching, laid back qualities of island life.

Resort oriented five acre Main Home & Cottage | 111 Mele Komo Pl is on the market for $5.25M | MLS#387128

As substantiated by the numbers below, there is a case that since 5/1, the lux real estate market may be making its way back to the old norm

West Maui Luxury Real Estate Sales Activity

New Contracts $3M+ 

Date Range Region # of Days # New Contracts New Contract/Day % + or – Norm % New Contracts
01/01 – 03/12/2020 Maui 72 18 0.3 3%
West Maui 7 0.1 39%
South Maui 11 0.2 61%


Date Range Region # of Days # New Contracts New Contract/Day % + or – Norm % New Contracts
03/13 – 6/8/2020 Maui 87 13 0.1 -40% 16%
West Maui 5 0.1 -41% 38%
South Maui 7 0.1 -47% 54%


Lanai 1 0.0 100% 8%


Date Range Region # of Days # New Contracts New Contract/Day % + or – Norm % New Contracts
05/01/2020 – 6/8/2020 Maui 38 8 0.2 -16% 100%
West Maui 3 0.1 -19% 38%
South Maui 5 0.1 -14% 63%


Want to Know More?

If you are in the market for buying or selling Luxury West Maui real estate or have any questions about the area or the market in general, please feel free to contact me. I welcome the opportunity to give you information on my previous sales performance and marketing strategies. Or if you’re curious about what your property is worth in today’s market, it would be my pleasure to provide you with property information and a value assessment free of any sales pitch.

Related Articles

Million Dollar Maui | The Nuts & Bolts

Maui Real Estate Market Update | New Contract Volume

West Maui Real Estate Hitting Wall | Lux Market Still Churning


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