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June 2026 - Maui Newsletter

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June 2026 - Maui Newsletter

Martha's Message
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In June we celebrate all fathers, grandfathers, stepfathers, mentors and all father figures who make the world better through their presence and care by shaping lives through love, guidance, strength with example.

FATHER

F – For the FAITH you show, even during life’s hardest moments.

A – For the ADVICE, encouragement, and love you give so freely.

T – For the TIME, sacrifices, and memories that become part of a family’s legacy.

H – For the HEART you bring to those you care for and protect.

E – For the EXAMPLE you are with integrity, compassion and perseverance.

R – For the REMINDER that true wealth in life is only found in love, family and connection.

Happy Father’s Day


Newsletter feature graphic
Newsletter feature graphic

Our Real Estate Market Analysis — May 2026 — Wailea & Makena

Residential Market

The most encouraging trend is the significant increase in buyer activity within the residential market. Pending sales and closed sales have more than doubled year-over-year, while inventory has declined substantially. This combination suggests that qualified buyers remain engaged and confident in the long-term value of Wailea and Makena real estate.

Year-to-date pending sales have increased by an impressive 116.7%, while closed sales have also risen 116.7% compared to the same period last year.

Inventory has tightened, with the months supply of inventory dropping from 20.7 months to 9.3 months, indicating a healthier balance between buyers and sellers.

While median and average sales prices are lower year-to-date, this is largely influenced by the mix of properties sold rather than a broad decline in luxury property values. Buyers remain active and well-positioned properties continue to attract attention.

Condominium Market

Year-to-date sales are slightly below last year’s pace, however, properties that are priced appropriately are selling faster, with average days on market declining from 155 days to 139 days.

In May alone, the median condominium sales price increased nearly 59% year-over-year, reflecting continued demand for premium Wailea resort properties.

Inventory has increased modestly, providing buyers with more options while maintaining strong pricing for desirable ocean view and oceanfront communities.

Land Market

Limited developable land, combined with continued demand for custom luxury residences, supports the long-term outlook for land values throughout South Maui.

Buyers seeking privacy, views, and the opportunity to create a personalized legacy property continue to view Wailea and Makena as some of Hawaii’s most desirable locations.

Market Outlook

Wailea and Makena continue to benefit from limited inventory, world-class amenities, exceptional lifestyle offerings, and strong appeal to affluent buyers seeking a legacy investment.

While buyers remain thoughtful and value-conscious, the overall market appears healthier than many expected, with improving absorption rates and continued demand for Maui’s most prestigious communities.

Bottom Line: The market is showing positive momentum. More buyers are entering the market, inventory is being absorbed, and Wailea and Makena continue to stand out as one of Hawaii’s premier luxury destinations for both lifestyle and long-term investment.


Wailea and Makena market statistics
Our exclusive listings

Martha’s Maui Restaurant Guide Updated — See the New Restaurants

Use the handy QR code for all your reservations!

Martha's Maui Restaurant Guide

Local business spotlight

Awazul

The Awazul goal is to enhance our patient’s well-being and positive self-image. We invite you to view our gallery of the noninvasive treatments we offer here at Awazul.

Awazul
Fluid Motion Pilates

Fluid Motion Pilates

The studio provides high-quality Pilates and mind-body fitness programs for individuals and groups seeking exceptional training led by expert instructors. Clients are inspired to transform their bodies to look and feel their absolute best.


Maui community news

Historic Pioneer Mill Site Sells for Nearly $20M

A group of local buyers has purchased 21 acres in Lahaina that include the historic 225-foot-tall Pioneer Mill Co. smokestack.

Historic Pioneer Mill site in Lahaina
Four Seasons Resort Maui Club Floor

Four Seasons Resort Wailea, Maui Unveils the Club Floor

The Club Floor features 26 transformed rooms and suites and a private lounge, paired with dedicated concierge service for an elevated guest experience.


Upcoming Maui events

Maui County Fair — War Memorial

The 99th Maui County Fair takes place on Oct. 1–4 after a successful return last year following a six-year hiatus. The fair will be held at War Memorial Special Events Complex in Wailuku.

Maui County Fair
Wailuku Film Festival

Wailuku Film Festival

Featuring the best local and global films of the year, guest speakers and panelists, industry workshops and training, social events, and out-of-competition specialty showcase screening blocks.

Tickets go on sale to the public on May 27, 2026, when the full schedule of all films, events, parties, panels, and training will be released.


Short-term rental update

Minatoya List — Exhibit 2: Short-Term Condo Rentals

If your property is currently in the Apartment Zone A1 or A2 and is operating as an STR and you are unsure if you are on the Exhibit 2 list of properties that will be eligible for the new H3/H4 zoning created by Bill 88, please contact the Maui County Department of Planning and Permitting to inform them of your STR use and ask to be placed on the list.

You must notify the Planning Department of your STR activity prior to the adoption of Bill 88 to remain eligible for future rezoning consideration.


Featured luxury listing
26946 Pacific Coast Highway, Malibu

26946 Pacific Coast Highway, Malibu, CA

Russell Grether, Exclusive Listing Broker

New Construction | 2025 Mid-Century Modern Masterpiece — Breathtaking Ocean Views. Experience unparalleled luxury in this architecturally stunning mid-century modern home, perched on a bluff overlooking Malibu Cove Colony. Nestled on the beach side of PCH, this estate boasts panoramic coastline views, offering an exclusive coastal lifestyle for effortless indoor-outdoor living.


432 Park Avenue Penthouse 88, Midtown East, New York

Midtown East, NY

Perched atop the entire 88th floor of 432 Park Avenue, this extraordinary penthouse offers a truly unmatched living experience. Encompassing approximately 8,400 square feet, the residence provides exceptional scale and flexibility, easily configurable as a five-bedroom home to suit a variety of lifestyles.

8181 Douglas Avenue Penthouse, Dallas, Texas

Dallas, TX

A truly extraordinary penthouse spanning floors 9–12, this one-of-a-kind vertical estate redefines luxury living for the buyer who seeks unapologetic grandeur on a global scale. Set inside a gated and secure boutique building of just 15 residences, the home offers scale, privacy, and extravagance.


Compass Luxury
Compass Luxury Dubai

Compass Luxury Dubai — Setting a New Standard

The journey for luxury begins from within. Through enhanced aesthetics, emboldened exposure, and an unparalleled national network of top brokers, Compass Luxury elevates all aspects of representing elite properties for the most discerning consumers.