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Issue 1149 | April 8th, 2025
Aloha ,
How Tariffs & Market Volatility Could Impact Maui Real Estate?
As global headlines focus on tariffs and stock market swings, it's worth asking—what does this mean for Maui real estate?
While national and international markets may be rattled by trade tensions and inflation fears, Maui's real estate landscape remains uniquely resilient. That said, we’re keeping a close eye on a few key trends:
- Volatile markets can shake buyer confidence, especially in the second-home and luxury segments. Some buyers may choose to wait and see, particularly if portfolio values take a hit.
- Tariffs on building materials like steel, aluminum, and appliances could drive up the cost of new construction and renovations, potentially tightening supply further.
- On the positive side, mortgage rates may stay low or even fall, helping keep financing affordable for buyers.
Maui remains a highly desirable lifestyle destination with limited inventory and steady long-term demand. If you’re considering buying or selling, let’s talk about how today’s broader economic shifts might create new opportunities in our local market.
– The Smith Team
“Tariffs and stock market swings may shake global confidence—but Maui’s real estate remains grounded in long-term lifestyle demand.”
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. ‘This will help save lives’: Maui County to launch new evacuation notification platform.
Market Watch
| |
Active |
Pending |
Sold |
Change |
| Homes |
442 (386) |
120 (87) |
718 (540) |
+8 |
| Condos |
847 (342) |
96 (25) |
756 (322) |
+6 |
| Land |
182 (77) |
37 (16) |
154 (56) |
-8 |
| Total |
1471 (805) |
253 (128) |
1628 (918) |
+6 |
1. Numbers in parentheses reflect listings over $1M
2. Sold listings are for the previous 12 months
3. Change is the increase/decrease from the previous week
January 2025
February 2025
Market Statistics
Homes Over $1M
664 South Papa Avenue
Kahului
$1.029M (FS)
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This is a wonderful home and cottage in a convenient Kahului location. The back yard is magical with mature trees and cabana areas. Papa Avenue provides a convenient location to all of Central Maui's amenities including many shops and restaurants.
Customer Listing Synopsis
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390 Kaiolohia Street
Kihei
$1.197M (FS)
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Single level living with tile throughout makes for a very durable potential income producer. Roof is in good condition, low maintenance yard and structurally very sound. This is a turnkey home vacant and easy to show. 5 bedrooms (6 is doable) 3 baths. You have the potential for separate living quarters or one big happy family.
Customer Listing Synopsis
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57 Kupee Place
Pukalani
$1.48M (FS)
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Fully renovated upcountry gem with ohana & expansive outdoor living nestled in the heart of upcountry Maui, this beautifully reimagined 3 bedroom, 2 bath residence blends modern comfort with island charm. Spanning 1,200 square feet, the home has been thoughtfully renovated from top to bottom.
Customer Listing Synopsis
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115 Kumula'au Ohia Loop
Wailuku
$1.495M (FS)
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This exquisite home is a true gem, showcasing countless upgrades and meticulous care throughout. From the moment you step inside, you’ll notice the thoughtful enhancements, including beautiful hardwood floors, elegant crystal chandelier and pendant lighting.
Customer Listing Synopsis
Video Tour
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18 Luanaiki Place
Kihei
$1.575M (FS)
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This single-level, 3 bedroom, 2 bathroom home offers a perfect blend of convenience and tranquility. Situated just 1 mile from the popular Kamaole Beach Park III and located on a quiet cul-de-sac, this property promises a peaceful retreat while being close to everything you need.
Customer Listing Synopsis
Video Tour
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270 Pua Kalaunu Loop
Wailuku
$1.65M (FS)
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Welcome to this stunning 3 bedroom, 2.5 bathroom home located in the highly sought-after new subdivision of Anuhea in Wailuku. Thoughtfully designed for comfort and modern living, this fully furnished property features an extra family room perfect for entertaining or relaxing with loved ones.
Customer Listing Synopsis
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133 Oleander Place
Kahana
$1.795M (FS)
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This stunning home has been completely remodeled in 2024. Updates include a brand-new kitchen, modern bathrooms, updated flooring, fresh interior and exterior paint, and two new central AC units. The re-plastered pool offers a private, tranquil retreat, perfect for unwinding.
Customer Listing Synopsis
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166 Heleuma Place
Wailea
$2.375M (FS)
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Spectacular open greatroom plan with abundant windows. Travertine & marble floors. Ocean views from granite kitchen with dining bar and from private covered front lanai. Front yard features mango & grapefruit trees.
Customer Listing Synopsis
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Homes Under $1M
223-C Momi Place
Wailuku
$750K (FS)
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Brand new full remodel on this 3 bedroom 2 bath home in Wailuku. Place was completely renovated from top to bottom in 2024, and features a great floor plan with the kitchen, living room, and two bedrooms in the main "upper area", and another large room and bathroom located on the other end with its own entrance. Modern and move in ready.
Customer Listing Synopsis
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193 North Church Street
Wailuku
$925K (FS)
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Single-level 3 bedroom, 2 bath home offers studio lockoff for multi-family living or additional income. Low-maintenance, fenced yard great for kids or pets. Convenient downtown Wailuku location walking distance to restaurants and shopping as well as Wailuku town parties.
Customer Listing Synopsis
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2597 Ala Olu Place
Haiku
$995K (FS)
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Nearly 1/3 acre of land (Unit B of a 3-unit CPR) a rare find, offering ocean views and a lush landscape with established tress including avocado, mango, Surinam cherry, and macadamia nut. A 2 bedroom 1 bath new-construction home with 320sf of covered lanai is set to be built on this serene property.
Customer Listing Synopsis
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Vacation Condos Over $1M
Wailea Ekahi 37-B
Wailea
$1.1M (FS)
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A beautifully appointed 1 bedroom, 2 bathroom ground floor unit in one of South Maui’s most sought-after beachfront communities. This exquisite condo features elegant travertine stone flooring throughout, seamlessly flowing out to the spacious lanai perfect for indoor-outdoor island living.
Customer Listing Synopsis
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Wailea Ekolu 1705
Wailea
$1.5M (FS)
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This modern single level 2 bedroom, 2 bath ground floor residence is located in Wailea Ekolu. Open-concept design with luxury gray vinyl plank flooring throughout. Stylish interior with remodeled features like beautiful white cabinets, stainless steel appliances, and quartz counter tops.
Customer Listing Synopsis
Video Tour
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Papakea Resort D-403
Honokowai
$1.699M (FS)
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Beautifully renovated top-floor ocean view unit with modern coastal decor. It features stylish furnishings, quartz countertops, new stainless-steel appliances, and an oversized farmhouse sink. This unique penthouse layout has 2 bedrooms on the main level and a loft with an ensuite bath above.
Customer Listing Synopsis
Video Tour
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Hoolei 81-2
Wailea
$5.2M (FS)
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This luxurious ocean-view villa in the prestigious Ho’olei community offers the perfect blend of resort-style living and modern convenience. Featuring 3 bedrooms and 3.5 bathrooms, this stunning home boasts 2,426 square feet of elegantly designed living space, complemented by 596 square feet of covered lanais across two levels.
Customer Listing Synopsis
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Vacation Condos Under $1M
Kalama Terrace L-204
Kihei
$475K (FS)
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This charming 1 bedroom, 1 bath unit. This condo features a newer gas stove and refrigerator, along with granite counters in the kitchen and updated wood cabinets, tiled shower walls, and tiled floors throughout. Enjoy the view of the peaceful grounds from your covered lanai area. Unit comes fully furnished.
Customer Listing Synopsis
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Kihei Alii Kai C-204
Kihei
$735K (FS)
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Discover the perfect blend of comfort and convenience in this stunning1 bedroom, 1 bath furnished unit. With 700 square feet of well-designed living space, this condo has been thoughtfully remodeled in 2022, showcasing modern finishes and a welcoming ambiance.
Customer Listing Synopsis
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Kihei Holiday 114
Kihei
$895K (FS)
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This spacious ground floor condo is located just across the street from Maui’s longest stretch of sandy shoreline. Fully furnished, turnkey 2 bedroom, 1 bathroom unit offering 880 square feet of inviting living space with easy care tile flooring throughout.
Customer Listing Synopsis
Video Tour
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Residential Condos Over $1M
Masters 703
Kaanapali
$1.4M (FS)
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This C floor plan is a 2 bedroom, 2 bath suite with 1512 sq ft of living area and 200+ sq ft spacious lanai. This unit offers all the benefits of a ground floor unit, a private entrance with no steps going into it and 1 assigned parking stall under a trellis.
Customer Listing Synopsis
Video Tour
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Hokulani Golf Villas 113
Kihei
$2.15M (FS)
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This well-maintained 3 bedroom 3 bath home boasts 18 solar panels, 2 upper level lanais, a den, laundry room, 5 zone central A/C, as well as a 2-car garage. After a round of golf, relax at the clubhouse infinity pool and jacuzzi, all within walking distance from your front door.
Customer Listing Synopsis
Video Tour
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Makalii at Wailea 11-B
Wailea
$2.75M (FS)
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This exquisite 2 bedroom, 2 bathroom condominium, designed and built by the award-winning Armstrong Development, blends mid-century modern architecture with Hawaiiana elegance. Positioned on the top row, this home offers unparalleled panoramic views of the Pacific Ocean.
Customer Listing Synopsis
Video Tour
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Residential Condos Under $1M
Harbor Lights D-125
Kahului
$195K (FS)
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Come check out this ground floor unit that has access to the side entry door just a short distance away from the unit. One parking stall included nearby the unit entry. The central location in town ensures that everything you need is just moments away, from shopping and dining to entertainment and cultural attractions.
Customer Listing Synopsis
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Keonekai Villages 26-101
Kihei
$549K (FS)
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Offered at a great price, this ground floor end unit with garden view is an oasis of tranquility and peace. It has the perfect combination of elegant and contemporary interior space that flows beautifully into an extra large inviting outdoor living area. This turnkey condo is being sold complete with all the furnishings and decor.
Customer Listing Synopsis
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Kihei Shores E-205
Kihei
$619K (FS)
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This charming 3 bedrom, 2 bathroom condo is waiting for you. You'll love the open-concept layout, which makes it easy to enjoy every nook of your new home. It features shiny stainless-steel appliances, lovely tile flooring, and a fresh coat of paint.
Customer Listing Synopsis
Video Tour
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Iliahi at Kehalani 1-A
Wailuku
$780K (FS)
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This newly painted 3 bedroom, 2.5 bath townhome offers a perfect blend of comfort and convenience. This end unit offers an abundance of natural light and excellent air flow, creating a bright and welcoming atmosphere throughout.
Customer Listing Synopsis
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Vacant Land
0 Kamehameiki Road Lot C-1
Kula
$998K (FS)
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This exceptional 3.5-acre lot in Kula offers breathtaking bi-coastal views, capturing the beauty of Haleakala, the West Maui Mountains, the South Shore, the North Shore, and the island of Lanai. Conveniently located just off Kamehameiki Road.
Customer Listing Synopsis
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