April 2023

Kihei Housing Market ReportMaui County, Hawaii

Report Updated 30 Days Ago

Is Kihei, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since April 2022

Since last year, Kihei has remained a Seller's Market.

Key Takeaway

Kihei is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Kihei, HI cost?

Median Sold Price

$800,000

$1,054/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$150,000(+23.1%)

Key Takeaway

Homes in Kihei have sold for 23.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDS	Apr 2022	Apr 2023	%
1 Bedroom	$610K	$730K	+19.7%
2 Bedrooms	$696.5K	$840K	+20.6%
3 Bedrooms	$781K	$899K	+15.1%
4 Bedrooms	$1.8M	$2.3M	+27.8%
5+ Bedrooms	-	$11.2M	N/A

Median Sold Price Compared To Nearby Cities

	Apr 2022	Apr 2023	%
Kihei	$650K	$800K	+23.1%
Lahaina	$860K	$1.0M	+16.3%

How many homes are available in Kihei, HI?

Number of Homes For Sale

Mar 2023	Apr 2023	%
212	203	-4.2%

Homes For Sale By Bedroom Count

# BEDS	Mar 2023	Apr 2023	%
1 Bedroom	59	59	0.0%
2 Bedrooms	98	93	-5.1%
3 Bedrooms	42	39	-7.1%
4 Bedrooms	7	8	+14.3%
5+ Bedrooms	6	4	-33.3%

Number of Homes Sold

Mar 2023	Apr 2023	%
56	44	-21.4%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in Kihei, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Apr 2022	Apr 2023	%
59 Days	131 Days	+120.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Key Takeaway

Avg time on Rocket Homes in Kihei has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

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What homes are available in Kihei, HI?

See More Listings

$975,000

$10,000 Closing Credit

732 SqFt

36 S Kihei Rd Unit 408, Kihei HI, 96753

Nathalie Mullinix

Listing Office:

Nathalie Mullinix Rlty Univers

#399001

140 Uwapo Rd Unit 11-106, Kihei, HI 96753

$779,000

$10,000 Closing Credit

750 SqFt

140 Uwapo Rd Unit 11-106, Kihei HI, 96753

Todd Hudson

Listing Office:

Keller Williams Realty Maui-Ki

#398997

1032 S Kihei Rd Unit A-206, Kihei, HI 96753

$839,000

$10,000 Closing Credit

681 SqFt

1032 S Kihei Rd Unit A-206, Kihei HI, 96753

Max Blair

Listing Office:

Coldwell Banker Island Prop(S)

#398994

2191 S Kihei Rd Unit 1320, Kihei, HI 96753

$759,000

$10,000 Closing Credit

588 SqFt

2191 S Kihei Rd Unit 1320, Kihei HI, 96753

Cara Crimmins

Listing Office:

eXp Realty

#398993

2385 S Kihei Rd Unit 307, Kihei, HI 96753

Backup Offers

$868,000

$10,000 Closing Credit

580 SqFt

2385 S Kihei Rd Unit 307, Kihei HI, 96753

Volker Weiss

Listing Office:

Coldwell Banker Island Prop(S)

#398990

3800 Wailea Alanui Blvd Unit K-208, Kihei, HI 96753

$8,495,000

2,892 SqFt

3800 Wailea Alanui Blvd Unit K-208, Kihei HI, 96753

Robert Dein

Listing Office:

Maui Real Estate Advisors LLC

#398986

2695 S Kihei Rd Unit 4101, Kihei, HI 96753

$1,200,000

$10,000 Closing Credit

1,036 SqFt

2695 S Kihei Rd Unit 4101, Kihei HI, 96753

Sara Romvari

Listing Office:

Romvari Realty Ltd.

#398978

$2,895,000

2,109 SqFt

79 Pukolu Way, Kihei HI, 96753

Nancy Nevius

Listing Office:

Coldwell Banker Island Prop(S)

#398977

777 S Kihei Rd Unit 227, Kihei, HI 96753

Backup Offers

$875,000

$10,000 Closing Credit

838 SqFt

777 S Kihei Rd Unit 227, Kihei HI, 96753

Steve Landin

Listing Office:

Keller Williams Realty Maui-Ka

#398969

$799,000

$10,000 Closing Credit

1,630 SqFt

208 Mehani Cir, Kihei HI, 96753

Melissa Montgomery

Listing Office:

Coldwell Banker Island Prop(S)

#398960

Backup Offers

$1,100,000

$10,000 Closing Credit

1,560 SqFt

222 Oluea Cir, Kihei HI, 96753

Sara Fox

Listing Office:

Keller Williams Realty Maui-Ki

#398957

$2,299,000

$10,000 Closing Credit

1,852 SqFt

109 Hokai Pl, Kihei HI, 96753

M. Kathleen Worley

Listing Office:

Pali Kai Inc

#398936

About Kihei, HI

There are 203 homes are for sale in Kihei, HI real estate market. The number of homes for sale in Kihei, HI decreased by 4.2% between March 2023 and April 2023. In April 2023, listings were on the market for 131 days. During the same period, the median list price in this real estate market was $800,000. This housing market listing prices have changed between March 2023 and April 2023: 1 bedroom properties prices increased by 19.7%, prices of 2 bedrooms properties went up by 20.6%, the cost of 3 bedrooms properties went up by 15.1%, the cost of 4 bedrooms properties went up by 27.8%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 5.1%, number of 3 bedrooms homes decreased by 7.1%, volume of 4 bedrooms homes went up by 14.3%, 5 bedrooms homes became 33.3% less available. While more than 12 listings in Kihei, HI in April 2023 were sold above asking price, there were more than 12 listings sold at asking price, and more than 20 were sold below.

MLS Disclaimers and Copyright

Based on information from Maui MLS, Hawaii Central MLS, and Hawaii Information Services Inc. for the period 05/01/2021 - 05/01/2023

This information is believed to be accurate. It has been provided by sources other than the Realtors Association of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.

Copyright, 1995-2023, REALTORS® Association of Maui, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2023, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2023, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2023, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.