All Blog Entries by Courtney M. Brown

Courtney M. Brown is a Vice-President and Realtor (S) with Island Sotheby's International Realty on the island of Maui.  Courtney was born here on the island of Maui, and dedicates herself to providing her clients with information on market trends, as well as all of the fun adventures and events that await you on Maui.

Found 243 blog entries published by Courtney M. Brown.

Each year, Maui County does two things: assesses the value of the property AND sets new rates for the upcoming fiscal year, which runs from July 1st-June 30th.  The Maui County Council has proposed the rates below for 2025-2026 as well as a summary of how they've changed over the years.

Maui County Property Tax Rates 2025 vs Prior Years

Rates are per $1000 of assessed value.  In 2020, the County introduced a new Tiered assessment.  Prior to that, there was a flat rate per the classification. 

Classification 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Owner Occupied  $1.65-$5.75 $1.80-$3.25 $1.90-2.75 $2.00-2.71 $2.41-2.71 $2.51-2.61 $2.90 $2.85 $2.86 $2.70
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Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 

Maui Real Estate Statistics May 2025

The Maui Real Estate Report for the month of May, 2025 notes:

U.S. existing-home sales dipped 0.5% month-over-month and 2.0% year-over-year to a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Sales increased in the Midwest, decreased in the West and Northeast, and were unchanged in the South. Year-over-year, sales were down in every region except the Northeast.

New Listings decreased 9.9 percent for Single Family homes and 33.9 percent for Condominium homes. Pending Sales decreased 16.7 percent for Single Family homes but increased 14.8 percent for Condominium homes. Inventory

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UPDATE ON THE PROPOSED BAN ON SHORT-TERM RENTALS IN MAUI'S APARTMENT DISTRICTS

Update as of June 9, 2018:

The County Council heard in person and online testimony on June 9, 2025. Hundreds came to testify and were given three minutes.  Every person that testified were passionate in their position, some for and some against the bill, each raising excellent points about an issue that is pressing here in Maui County: affordable housing and how can we create more of it? 

Written testimony about Bill 9 can be viewed online here

The next public hearing will be on June 18, 2025.  

Maui County to hear bill to ban short term rentals

On Monday June 9, 2025 Maui County will hold a public hearing regarding Bill 9 (2025), entitled “A BILL FOR AN ORDINANCE AMENDING CHAPTERS 19.12, 19.32, AND 19.37

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KAANAPALI CONDOMINIUM MARKET UPDATE: 2024 IN Review

Kaanapali Condos for Sale

Kaanapali Resort Condominiums

Kaanapali Condominiums

Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.

Kaanapali Condominium Sales 2024

Kaanapali Condo Sales by Volume

Kaanapali Condo Sales

How does the market through the first quarter of 2024 stack up for each community as compared with prior years?

A FIVE-YEAR OVERVIEW

Honua Kai

Honua Kai: condos for sale All Buildings

Honua Kai Condo Sales

Honua Kai Sales Volume

Honua Kai Condo Sales 2020-2024 

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Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 

Maui Real Estate Statistics February 2025

The Maui Real Estate Report for the second month of 2025 notes:

U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase.

New Listings increased 4.3 percent for Single Family homes but decreased 7.8 percent for Condominium homes. Pending Sales decreased 11.3 percent for

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Market Spotlight: Pineapple Hill, Kapalua, Maui

Introducing 324 Cook Pine, Pineapple Hill

Pineapple Hill Home for Sale

New to market is 324 Cook Pine Drive, Kapalua, Maui  

Welcome to Pineapple Hill, where elegance meets the effortless beauty of Maui’s world-renowned Kapalua Resort.

Perched in one of Maui’s most sought-after communities, this gracious home offers breathtaking panoramic ocean, island, and sunset views, seamlessly blending indoor and outdoor living. The expansive living room opens to sprawling covered lanais, creating an ideal setting for entertaining or tranquil relaxation. Enjoy the pool and spa, where whale-watching and Maui’s famed sunsets become part of your daily routine.

Upstairs, you’ll find three luxurious bedroom suites, including a primary

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MAUI VACATION RENTAL (TRANSIENT ACCOMMODATIONS) & SHORT TERM RENTAL UPDATE: February, 2025

Maui, like many places around the US that are popular vacation destinations, has grappled with affordable housing and workforce housing for decades. The wildfire that swept through Lahaina town on August 8, 2023 has highlighted the critical need for affordable housing in Maui County.  

On May 4, 2024, the Hawaii State Legislature passed SB2919 and it was signed into law by Governor Josh Green on May 4, 2024. 

Per the governor's website,  "By addressing the issue of illegal short-term rentals, SB 2919 aims to alleviate Hawaiʻi’s housing crisis and increase housing levels throughout the state. This bill provides counties with home rule authority to see that

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KAPALUA REAL ESTATE MARKET: 2024 IN REVIEW

Kapalua Bay Villa for saleThe view from Kapalua Bay Villa 23B3, an oceanfront residence, currently listed for sale

Kapalua Condominiums:  A five year sales history

The Kapalua Resort is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums.  The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline.  The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views. 

Kapalua Resort Condo Market*

KAPALUA RESORT CONDOS
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Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 

Maui Real Estate Statistics January 2025

The Maui Real Estate Report for the first month of 2025 notes:

U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-over-year, driven largely by purchases of homes priced $500,000 and above. Month-over-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains.

New Listings decreased 6.4 percent for Single Family homes but increased 8.6 percent for Condominium homes. Pending Sales decreased

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Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 

Maui Real Estate Statistics Year End 2024

The Year End MAUI Real Estate Statistics for 2024 report notes:

U.S. existing-home sales improved for the second consecutive month, rising 4.8% to a seasonally adjusted annual rate of 4.15 million units, an eight-month high, according to the National Association of REALTORS® (NAR). Sales were up 6.1% compared to the same time last year, marking the largest year-over-year increase since June 2021. Economists had forecast existing-home sales would come in at an annual rate of 4.07 million units for the month.

New Listings increased 13.4 percent for Single Family homes but decreased 7.7 percent for Condominium homes. Pending Sales decreased 32.8

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