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
About Maui Our Listings Property Search Rentals Blog Contact Us
 
Issue 1018 September 6th, 2022
 

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 (5)
Condos (4)
Land
New Properties 
Price Reductions  

Short Sales
Homes 

Condos 
Land
New Properties

Price Reductions 

 
Quaint Oceanfront  Home
  1816 Halama St  

1816 Halama Street
Kihei
$5.388M (FS)


Maui No Ka Oi

    Slaughterhouse Beach at Mokulei’a Bay, September 2022

 

Our Aloha State is made up of islands that each have something unique and special about them. For instance, the active volcanoes of Hawaii Island, Waimea Canyon on Kauai, Kalaupapa on Molokai, Pipeline on Oahu, but when it comes to beaches and more, Maui is the best, or “No Ka Oi.”

 

Recently, Maui was voted best beach in the United States by the US News and World Report. To read more, check out the full article here. In addition Maui also ranked high in a number of different categories.

Our team recently came together over Labor Day Weekend for a family beach day at one of our favorite places, Mokulei’a Bay, commonly referred to as “Slaughterhouse Beach” on Maui’s west side. What is your favorite beach on Maui?

Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) and 
Rachel Smith Kofron R(S)

The Smith Team
 

P.S. We hope you enjoyed your Labor Day weekend. Congratulations to our team member, Greg Smith on pulling in a sizable Papio shoreline catch off North Kihei road.
  
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Market Watch
 
Active
Pending
Sold
Change
Homes
253 (213)
145 (79)
1196 (670)
-12
Condos
185 (89)
246 (130)
1820 (565)
-17
Land
112 (55)
 36 (12)
269 (86)
-1
Total
550 (357)
427 (221)
3285 (1321)
-30
 
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

262 Pua Kalaunu
262 Pua Kalaunu Loop
Wailuku
$1.21M (FS)
A brand new single family home community. These homes feature vaulted or tray great room ceilings per plan, oversized dual glazed vinyl windows, corian countertops and many more features for your daily enjoyment.
 
127 Kamaiki Cir
127 Kamaiki Circle
Kahului
$1.275M (FS)
This single family home offers Iao Valley views, a quite atmosphere, lots of outdoor space and is within minutes to shopping, dining, schools and golf activities. With all 5 bedrooms located on the 2nd floor, the entire ground level offers an extensive Indoor space for large gatherings and entertainment.
3210 Lanina
3210 Lanina Place
Kihei
$1.895M (FS)
Sweet Maui Meadows house, cottage and pool in private fenced yard. Terrific landscaping with separate garage on 1/2 acre lot. Gourmet kitchen. Energy efficient 40 panel (approx)photo-voltaic system. Room to expand on this long rectangular corner lot. Property is view impaired so don't come looking for a big view, just a very cool property that has a magical feel to it.
 
285 Mauna
285 Mauna Place
Kula

$2.5M (FS)
This beautiful 4 acre property spreads out to the tree lined boundary below the house. The large covered lanai at the front of the house offers the perfect spot to sit and enjoy the bi coastal view of Maui’s central valley. The house sits on a small hill which rolls down gently to the relatively flat 2 acres at the bottom of the property. The land is fenced and has been used for grazing horses and goats in the recent past.
 

Homes Under $1M

2153 D Holowai
2153 D Holowai Road
Wailuku

$650K (FS)
Nestled in upper Happy Valley, the home and ohana have a 30'x35' greenhouse. Holowai Place is partial public and partially private road. Owners are in the process of securing easements to the property through a non-exclusive easement.
955 Lahui
955 Lahui Street
Haiku

$669.9K (FS)
Bank Owned. This two story house has recently been painted inside and out, and some other improvements inside make this home move-in ready. The home is vacant and easy to show, just call your agent and schedule an appointment.
 1418 Honua 
1418 Honua Place
Waikapu

$769K (FS)
This charming single level, 3 bedroom, 1 bath and 2 half bath home in the desireable, well-established, tranquil neighborhood of Waikapu. Home features spacious floor plan, large front and back yard, and a phenomenal view of the West Maui Mountains. Great investment opportunity & a contractor’s special. 
 

Vacation Condos Over $1M

Kaanapali Shores
Kaanapali Shores 616
Kaanapali
$1.295M (FS)
This ocean view 2 bedroom 2 bath unit offers gorgeous views towards the Island of Molokai. Open full size kitchen with granite counter tops, tiled floors, custom wood cabinetry and ocean views from both bedrooms, living room, and kitchen. If you are looking for incredible value on Maui's West Side.

Customer Listing Synopsis

Video/Virtual Tour

Menehune Shores
Menehune Shores 419
Kihei
$1.349M (FS)

Elegantly furnished. Beautifully laid tiles throughout the condo. Very popular and heavily booked vacation rental unit. Direct ocean beach view. Terrific location. Step out to a beautiful manicured lawn with an easy access to white sand beach. Menehune Shores offers all from beautiful oceanfront pool, to the roof-top patio with endless view in all directions.

Customer Listing Synopsis

Grand Champions
Grand Champions 166
Wailea

$1.645M (FS)
Two bedroom unit that overlooks the expansive 2nd Fairway on the Wailea Blue Golf Course and is perfectly oriented to offer expansive ocean and golf course views. The unit’s interiors are tastefully furnished with a modern approach, and each bedroom is thoughtfully designed with their own upgraded en-suite master bathrooms, perfect for visiting guests. 
Kapalua Golf Villas
Kapalua Golf Villas 25 P3-4
Kapalua
$1.75M (FS)
Upgraded 2 bedroom 2 bathroom Kapalua Golf Villa is located in Building 25, which is located on the top row of the Golf Villas. This ground floor location is right behind the 5th hole tee box of the Kapalua Bay Golf Course. The Seller has recently renovated the home, both interior and exterior. The villa has fabulous views of the golf course and the ocean. Close to great beaches, wonderful restaurants and world class golf courses. 

Vacation Condos Under $1M

Kalama Terrace
Kalama Terrace L-306
Kihei
$460K (FS)
This condo unit is located within a short strolling distance to the beach area known as “The Cove”. This is a very popular surf spot in Kihei. The unit itself is very basic and has not been remodeled or vacation rented. It’s a blank slate with updated flooring wall to wall wood laminate and ideal for upgrading the unit to your own taste. 
 Kanai A 2 
Kanai A Nalu 109
Maalaea

$530K (LH)
Direct ocean views from the living room and bedroom. Fully equipped kitchen and two full baths. The window AC will cool off the unit or you can open the doors and windows to get the fresh Maui trade winds.
Maui Vista
Maui Vista 2-318
Kihei

$649K (FS)
This beautifully appointed and easy to maintain 1 bed 1 bath unit. Cooling breezes blow through the monkeypod trees off your private lanai while you take in the sunset colors and West Maui views from this 3rd floor unit in building 2. Enjoy water activities and sunsets.

Customer Listing Synopsis

Video/Virtual Tour

Luana Kai
Luana Kai B-204
Kihei

$697K (FS)
Enjoy an ocean view from the lanai surrounded by extraordinary beauty, only a few will enjoy, the rare privilege of life at Luana Kai. Enjoy gorgeous panoramic ocean views just steps from this highly-desirable 1 bdrm, 1 bath garden unit. Take in some of the most beautiful Maui Sunsets. 
 
Pacific Shores
Pacific Shores B-110
Kihei

$860K (FS)
Here is your opportunity to purchase the only unit currently offered for sale. Completely remodeled ground floor vacation rental with a gorgeous brand new kitchen, all new flooring, new appliances and new split air conditioning in each room. Just a quick stroll in any direction will take you to nearby shopping, popular restaurants, and beaches.
 
Island Sands
Island Sands 105
Maalaea

$895K (FS)
A 2 bedroom 2 bath lock-out floor plan unit with separate entrances and is perfectly located on the ground floor with easy access to the pool. Conveniently located near the Maalaea small boat harbor with shops, restaurants and all of the Ocean activities that Maui has to offer. Easy access to both the Westside, South shore and town make this a spectacular opportunity.
 

Residential Condos Over $1M

Kanani Wailea
Kanani Wailea 23
Wailea
$1.899M (FS)
Kanani is a great fit for someone who is seeking the privacy of residential living with the ease of maintenance that comes with residential condominium ownership. Unit #23 at Kanani is situated with a lot of privacy, is nicely upgraded with vinyl plank flooring, and a timeless beach feel.
 
Vintage at Kaanapali
Vintage at Kaanapali 51
Kaanapali
$1.995M (FS)
This two-story home is situated on the top row of the development, allowing wide ocean views; it backs into Kaanapali Golf Course. There is a nice side yard shaded by mature shower trees. Lots of storage, the master suite has a walk in closet, there is an under the stairs closet and each room has large closets with built in shelves.
 
1659 Lokia
1659 Lokia Street
Lahaina
$2.1M (FS)
Gorgeous 3 bedroom, 4 bath, 3,069 sq. ft. single family home with a beautiful pool and a big ocean view in the neighborhood of Wahikuli in West Maui. Here you’ll find yourself gazing at panoramic ocean views and amazing sunsets. The lower level has an additional bedroom, bathroom, laundry area and office room. Solar panels are owned and net metered.
 

Residential Condos Under $1M

  Harbor Lights
Harbor Lights D-417
Kahului
$268K (FS)
Newly renovated 2 bedroom, 1.5 bath unit on the 4th floor with a courtyard view. One assigned parking spot. Great location across from ocean with view of Haleakala. Close to shopping, businesses, schools, medical facilities, restaurants and parks.

Customer Listing Synopsis

 

Maui Lani Terraces
Maui Lani Terraces A-206
Honokowai
$399.9K (FS)
Bank Owned. Excellent opportunity to own a 1 bedroom condo in West Maui. Great location with easy access to Honokowai beach park, a farmer's market, a number of dining options, and shopping centers.
Haleakala Gardens
Haleakala Gardens 9F
Kihei
$565K (FS)
This 2 bedroom 2 bath condo, 883 sq ft. with high vaulted ceilings. Remodeled with updated kitchen, new 2021 appliances, newer kitchens cabinets, countertops, new bathroom vanities.
 

Vacant Land

322 Cook Pine
322 Cook Pine Drive Lot 81
Kapalua
$1.075M (FS)
This is a rare offering of one of the last undeveloped home sites in Pineapple Hill. Enjoy spectacular ocean and outer island views, which frame Maui’s spectacular sunsets. Pineapple Hill is a popular neighborhood loved for its location in the heart of the Kapalua Resort. It is close to restaurants, beaches, and golf, as well as the restaurants and offerings at the Ritz-Carlton, Kapalua and Montage Kapalua Bay hotels.

 
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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