Traveling to Hawaii is certainly not as easy as it used to be, but in a recent survey conducted by  the Hawaii Tourism Authority it was found that out of the 495 visitors that were surveyed 85% said their trip was excellent, and 94% said their trip either met or exceeded expectations. This is great to see, as it means that the number of tourists making the journey to Hawaii in 2021 should continue to rise.

While tourism numbers are not nearly what they were in 2019, the Pre-travel Testing Program allows anyone traveling to Hawaii to bypass the 10-day mandatory quarantine, which would make any vacation immensely more enjoyable. Out of the visitors that were surveyed, 79% said that their pre-travel testing experience went smoothly, and the protocols were clear. The remaining 21% reported various issues with pre-travel testing including difficulty finding a trusted testing partner, and not receiving their results within the specified window.

We will continue to look forward to a rise in tourism numbers as the local economy recovers from the COVID-19 pandemic. To look at the full report, follow this link.In an interview with The Maui News, the Chief Economist with the Department of Business, Economic Development and Tourism Eugene Tian stated that nearly 30% of the homes that were purchased in the better part of 2020 were purchased by out-of-state residents. Of those buyers 27.4% were from the mainland, and 1.4% were international. While this number seems high, out-of-state residents usually purchase nearly 50% of the available real estate on Maui.

The data is still being assembled for the demographic breakdown of these out-of-state buyers, as it is unclear whether most of those purchases were made by investors, or those seeking to move their principal residence to Hawaii now that most employees and business owners can work from home.

The three aspects of the current real estate market that appear to show no signs of slowing are low inventory levels, low interest rates on new mortgages and a climbing median sales price for both condos and single family homes. In December, the Realtors Association of Maui recorded the lowest inventory ever since they began keeping records in 2010. New construction is still very active on Maui, with several affordable housing projects as well as luxury condominium complexes set to be completed  between now and 2022.

To read the full interview The Maui News did with Eugene Tian click here.
 
Due to the spike in COVID-19 cases on Maui, Governor Ige gave Mayor Michael Victorino the authority to amend the current emergency rules. The new rules go into effect today. Here are the highlights.

- Retail occupancy is now limited to 30% to allow more room for social distancing.

- Bars and restaurants are now required to close at 10pm or earlier. Drive-throughs, non-liquor related takeout and room service are all exempt from this new rule.

In addition to pre-travel testing requirements for both inter-island and transpacific travelers, they are also now required to download either the AlohaSafe Alert app or another Google-Apple Exposure Notification System app. Travelers can also enable their exposure notification setting on their phone.

Face coverings must now be worn while walking to and from the beach or pool. They can only be removed once you are stationary and socially distanced from the people around you.

-Even if the venue is outdoors, a mask must be worn at gyms, yoga studios, and wellness centers.

While these rules mentioned  above are slightly different from rules that were already in place, it’s important to keep yourself informed on the latest developments coming out of the Mayor’s office.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Smith Team Real Estate - 2 Generations of Satisfied Customers - (808) 572-0866
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Issue 1056 May 29th, 2023
 

Aloha


In this newsletter:
Market Update
Market Watch
Homes Over $1 Million
Homes Under $1 Million
Vacation Condo Over $1M
Vacation Condos Under $1M
Residential Condos 
Vacant Land 


Bank Owned 
Homes (4)
Condos 
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos
Land
New Properties

Price Reductions 

Dream Home in Paradise
   Feature   

108 Keahilele Place
Kaanapali

$3.995M (FS)

 

Remembering Our Fallen Heroes

Memorial Day Photo

On this Memorial Day, we pause to reflect and give our thanks to all those men and women who gave their lives in service to our country.

 

Without their sacrifices, we would not be able to enjoy the many freedoms we have today.

 

Please stay safe.

 

Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) 


The Smith Team


P.S. 3 East Maui meetings to discuss Alelele Point road closure; slope stabilization to start soon. For more impormation. Click Here.
Follow Us
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Market Watch
 
Active
Pending
Sold
Change
Homes
239 (200)
139 (90)
839 (494)
-2
Condos
197 (83)
222 (140)
1113 (368)
-1
Land
140 (62)
 38 (16)
194 (56)
-2
Total
576 (345)
399 (246)
2146 (918)
-5
 
1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in the number of active listings from the previous week.

 

Homes Over $1M

72 Kupaloke
66 Kupaloke Street

Wailuku
$1.216M (FS)
A brand new single family home community. Located within close proximity to the community walking, bicycling path and parks. This home has an upslope backyard. Home purchase comes with a 1 year customer service program and a 10 year limited builder's warranty and is part of the Phase 6 sales release at Anuhea at Kehalani.
41 KUUALOHA
41 Kuualoha Street
Kahului
$1.25M (FS)
This model greens urban home has it all. Minutes to the city yet quietness, low ownership operating costs yet spaciousness, recent kitchen & bath renovations, interior/exterior updates & unobstructed backyard golf course views. This 4 bedroom, 3 bath, 3 car garage, is a must-see.
2817 Panepoo
2817 Panepoo Street
Kihei
$1.699M (FS)
This split-level home was designed to enjoy indoor/outdoor living and to take in those year round Maui sunsets. High ceilings, and open floor plan create an idyllic setting. Paired with tons of windows, freshly done vinyl flooring and fresh paint, this home truly shines. Extra large master suite has walk in closet and access to upstairs lanai and that view from your bed.
 

Homes Under $1M

208 Mehani
208 Mehani Circle
Kihei

$799K (FS)
Two-story home that needs total renovation due to fire damage. Opportunity for those looking for a project. Great neighborhood close to lots of amenities. Nice sized lot with access from Mehani Circle and also Liloa Drive (at back of house). Big back yard that is fenced, long driveway for extra parking and a 2 car garage.
helena
2086 Helena Place
Wailuku

$999K (FS)
A charming newly-updated home that boasts serenity. As you meander through the entrance, you’re immediately welcomed by vibrant tropical foliage and fruit trees that surround the home. Apportioning 4 bedrooms, 2 full bathrooms and a detached studio. Don’t miss out on this exceptional opportunity to own a slice of paradise at the end of a quiet cul-de-sac street.
 

Vacation Condos Over $1M

Kapalua Golf Villas
Kapalua Golf Villas 15P-5&6
Kapalua
$1.625M (FS)
Golf course views from this 2 bedroom, 2 bathroom unit with 1,344 SF. Easily accessible unit, located on the ground level and very private. Fully equipped kitchen, spacious living room, large lanai and lots of storage. Kapalua Resort stretches from emerald mountain peaks to the edge of the glistening Pacific Ocean. A 23,000-acre natural paradise unfolds.
Maui Kamaole
Maui Kamaole A-212
Kihei
$1.899M (FS)
Spectacular ocean views from this front row 2 bedroom, 2 bathroom. The unit has been fully remodeled with custom kitchen and baths, cabinets, counter tops, flooring, split AC in all 3 rooms with automatic shutoffs when the lanai doors open. This is a must see to appreciate the level of quality. 
Wailea Beach Villas
Wailea Beach Villas K-208
Wailea
$8.495M (FS)
Unit is an ocean & outer island view, 3 bedroom 3 bath. Penthouse with an additional den/office that easily converts to a 4th sleeping area. Elevator access is electronically secure. The main ocean view lanai & BBQ area & the rear outside dining lanai area. Unit has a contemporary aesthetic, featuring slate grey Caesar Stone countertops & a sophisticated.

Vacation Condos Under $1M

Maui Sunset
Maui Sunset A-206
Kihei

$839K (FS)
This clean unit has an updated kitchen with bamboo cabinetry and granite, both bathrooms have updated tile showers and the lanai has been freshly tiled. Established rental history that can be transferred to new owner.  Ideally positioned along the greenbelt with over 5 acres of putting green quality lawns and a multitude of onsite amenities.
Kamaole Beach Royale
Kamaole Beach Royale 307
Kihei
$868K (FS)
This Kihei vacation condo offers spectacular ocean views from the covered lanai in sunset direction. It is updated and meticulously maintained, boosting a split-AC system in the living room as well as in the bedroom. Unit is offered fully furnished and equipped. Is conveniently located within walking distance to one of Kihei's best sandy beaches, restaurants and various shops.
Maui Kamaole 1
Maui Kamaole M-109
Kihei
$999K (FS)
This ground-floor unit is beautifully decorated and updated with porcelain tile floors, new carpets, fresh paint, granite countertops, and solid wood cabinets, just to name a few. And the view is a fantastic, open greenbelt view. you are away from parking lots, so no blaring alarms or headlights to disturb your peace while you enjoy this beautiful home away from home. 

Residential Condos Over $1M

 ll 
Ke Alii Ocean Villas H-104
Kihei
$1.399M (FS)
This home boasts 2 bedrooms and 2 full baths and a 280 Sq Ft covered lanai. Additional features include private entrance, indoor laundry, one car garage, reserved parking spot. When the sun goes down and the night begins you can enjoy the gorgeous sunsets from your private lanai. With a plentiful of Maui Sunshine flowing throughout this home you will be filled with warmth.
 
 p 
Paradise Ridge Estates 101
Kihei
$1.399M (FS)
Your privately gated community is graced with spacious and contemporary multi-family residences just steps to the beach. Bask in a gorgeous palette of interior design showcasing premier contemporary interior finishings with lofted ceilings in this coveted 3 bedroom penthouse villa. Experience the blessings and leave winter behind while you breathe the beauty of Maui. 
Kanani Wailea
Kanani Wailea 7
Wailea
$2.095M (FS)
Impeccably maintained 4 bedroom, 4.5 bath, single level home in the gated community of Kanani Wailea. Each bedroom is en suite. One of the bedrooms is detached with an entry out to a private, serene courtyard; it's a perfect space for guests or home office. Open floorplan with gourmet kitchen, separate laundry room, and half bath is generous in size. 

Residential Condos Under $1M

Harbor Lights
Harbor Lights A-105
Kahului

$219K (FS)
Spacious 2 bedroom 1.5 bath Completely renovated in 2020. Including quartz countertops, shaker cabinets, stainless steel appliances, vinyl plank floors, Tile shower, new vanities, doors, paint and ceiling fans.
  Iao Parkside
Iao Parkside 24-105
Wailuku

$585K (FS)
This unit is a 960sqft ground level 3 bedroom, 2 bathroom, updated corner unit. This townhouse is great for several people, feels private, is in a quiet area of the complex, pet friendly, and has large covered and uncovered patio spaces expanding outside of the unit 750 sqft with lovely mountainous views. 2 assigned parking spaces. The unit was upgraded head to toe in 2019, including appliances.

Customer Listing Synopsis

Opukea at Lahaina
Opukea at Lahaina A-103
Lahaina

$835K (FS)
Opukea is one of the most sought-after properties on the west side of the Maui. 2 bedroom  2 bathroom, Ground floor location, new carpet, two assigned parking spaces. Pool, jacuzzi, bbq area, work out facility. Walking distance to beach, front street shops and grocery stores. 

Vacant Land

1531 Hailiimaile 2
1531 Haliimaile Road
Haliimaile
$2.2M (FS)
This property boasts cleared, gently sloping topography, offering an ideal canvas for your dream estate. A paved, private road leads to the property with wide open ocean, providing a tranquil setting that's simply unmatched . This low density neighborhood of only16 parcels on over 133 acres features three miles of private trails connecting all parcels. 

 
The Smith Team
www.MauiSales.com
(808) 572-0866
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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