Maui's median home price now over $1,000,000

By
Real Estate Agent with Hawai'i Life Real Estate Brokers HRE# 58089 - RS

The median price of a single family home on Maui went over $1,000,000 for the first time ever, in May 2021.  It's not much of a surprise since it's been up around $980,000 already a couple of times this year.

Read all about it in the Maui News.

So what does a million dollars buy on Maui these days?  Well here's the 2 most recent sales that match that criteria:

34 Ia Iki St - Wailuku

  • sold for $999,000 on 6/2/21 after 42 days on market
  • 3Bed/2Bath 1,500 sf single level home with garage, built in 2017
  • 20 panel PV system and Tesla battery
  • 7,897 sf lot with ocean and mountain views

17 Akumu Way - Wailuku

  • sold for $999,000 on 5/7/21 after 46 days on market
  • 3Bed/3Bath 1,988 sf home built in 1979 and remodeled in 2017
  • 9,013 sf lot with ocean and mountain views
  • sauna and outdoor shower

 Kehalani Maui - new homes being built

Kehalani Maui - many new homes are being built in this master planned community in the Central Valley.

Search the Maui MLS - homes for sale in Wailuku and Kahului Maui

 

Thanks for reading my Maui blog...

Buying or selling real estate on Maui?  That's what I do.  Let me help YOU.

Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
26 Baldwin Ave, Paia HI 96779
E-mail or call/text: 808 283-0635

Comments (21)

Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Aloha, Georgie - I am not too surprised but it's always interesting to see price comparisons of cities.  It can definitely be an eye-opener for those looking to relocate.  

Jun 08, 2021 07:55 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Truly amazing, Georgie... but I'm not surprised to hear this. That's easily three times our median sale price in the Charlotte region.

Jun 09, 2021 04:52 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Wow, that is quite amazing and I didn't realize that the cost of living was that high there, but it makes sense.  Such a beautiful place to call home!

Jun 09, 2021 05:25 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

Wow, that's quite the median price!

Jun 09, 2021 07:41 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Georgie, you do need to pay to live in Paradise, and that is quite a median price!  

Jun 09, 2021 07:46 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hey there Georgie! I love Maui so much, I can see that million dollar median easily occuring.

Jun 09, 2021 09:47 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Georgie,

Santa Barbara median price is right up there with Maui's.  We are not surprised.  A

Jun 09, 2021 02:34 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Georgie Hunter R(S) 58089 - With median homes prices going up in every single state, I wouldn't be surprised if in the immediate future very few people will be able to buy houses. Prices have gone up substanially in my area but nothing like Maui's. I wish you continued success and happiness in all that you do. 

Jun 09, 2021 06:56 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Thanks for all your great comments!  Yes it's expensive to live in Hawaii, but it's worth it.

Jun 09, 2021 08:44 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

It's no secret that the the cost of hallowed ground can pricey, but worth every cent!

Jun 10, 2021 07:55 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Georgie Hunter R(S) 58089 - I don't follow the Maui market much except with your posts.  But about 10 years ago, I do remember my husband looking.  I am actually surprised that the pricing is not higher.  Clients should get with you now before it goes much higher.  As everything loosens up, demand may drive prices even higher.

Jun 10, 2021 10:11 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Georgie, when I look at the average of prices all over the country (especially in your area) I wonder...how are folks affording to buy? (but they do!!!!)

Jun 10, 2021 10:59 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Jeffrey DiMuria 321.223.6253 Waves Realty It's really tough for the local people, and a lot of buyers are coming from the west coast and other states.  And of course the super rich all have properties here... second and third homes.

Jun 10, 2021 08:12 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

That's really interesting that it even took that long because now he's quite popular among Americans generally

Jun 12, 2021 11:44 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share. Your prices are above the budgets for many retirees who would love to move there.

Jun 13, 2021 04:31 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Meant to say that Maui is quite popular. That was a typo. Sorry about that, Georgie Hunter R(S) 58089 

Jun 13, 2021 07:39 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I am not surprised at longer DOM for vacation homes.  It took that long for bargain hunters realize there are bargains at this price. 

Jun 26, 2021 11:23 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

The family who owned 20,000 original land belong to the Sun family sold their land in the name of revolution.    

Sun went to see Joseph P Morgan to get loans for his second revolution overthrow the fat man Yuan.  JP declined. 

Jun 26, 2021 11:28 AM
Georgie Hunter R(S) 58089

Sam Shueh There's a long history of Chinese here on Maui, and it's very interesting, especially at that time.

Jun 26, 2021 12:32 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Sun's brother married into the Hawaii queen's side got that much land.  Last time, we passed the old China town on a bus. Sadly to say that neighborhood turned into ruins.  All the best.

Sam S  

Jun 26, 2021 09:04 PM
Mark Don McInnes, Sandpoint
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Georgie, even as a Realtor and watching this come to pass over the past year I am having a hard time wrapping my head around it.  Mark

Jul 01, 2021 09:31 PM