Hawaii Real Estate Experts Blog - Blog Archive: May, 2026

What Happened to Property Values in Lahaina After the Fire?

It's been almost three years since the August 8, 2023 wildfire swept through Lahaina. As someone who lived here at the time and still owns property in Lahaina, I wanted to go beyond speculation and look at the actual transaction data. We pulled every relevant closed sale from the Realtors Association of Maui MLS across eight Lahaina communities and compared pre-fire and post-fire averages for comparable units. The results are more nuanced than most people expect. Lahaina is not a single market — it's several markets operating simultaneously, and the fire affected each one differently. **Methodology:** All data pulled directly from the Realtors Association of Maui MLS. Closed sales only — no…

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