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 1053 May 9th, 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 (3)
Condos 
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos (1)
Land
New Properties

Price Reductions 

Makena Oasis Beachfront Estate
   4532 Makena   

4532 Makena Road
Makena

$39.5M (FS)

 

U.S. News and World Report - Maui Ranks High in the World's Best Places to Visit 2023
 

According to the U.S. News and World Report, Maui placed 6th in the World’s Best Places to Visit for 2023. Glacier National Park in Montana was the only place that ranked higher in the United States than Maui ranking in at #2. The 1st ranked place to visit in the world is Paris with Rio De Janeiro (#30) finishing up the top 30 list.

 

With regards to the 30 Best Places to Visit in the USA, Maui, Oahu, and Kauai all made the top 30 list. Maui ranked the highest of the Hawaiian Islands at #2, Honolulu - Oahu came in at #4, and Kauai came in at #10.  

 

The U.S. News ranked more than 1,100 vacation destinations across the world. Thank you to everyone who visits our islands every year!

 

Mahalo Nui Loa,

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


The Smith Team


P.S. Wishing all the mothers out there a Happy Mother’s Day this coming Sunday, May 14th! If you didn’t get your mother a gift yet, there is the 47th Seabury Hall Craft’s Fair this Saturday, May 14th from 9 a.m. to 3 p.m. I heard on the radio that Mick Fleetwood and some of the members of the Doobie Brothers will be performing at center stage at 12 p.m. Funds raised will go towards the students financial aid program.
Follow Us
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Market Watch
 
Active
Pending
Sold
Change
Homes
242 (203)
120 (74)
869 (517)
+2
Condos
194 (92)
208 (131)
1170 (375)
-2
Land
132 (60)
 39 (15)
202 (60)
+1
Total
568 (355)
367 (220)
2241 (952)
+1
 
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

 ll 
2040 Piiholo Road
Makawao

$1.999M (FS)
There are 3 unique home, an office, as well as an artist loft, and a Mega Greenhouse. Maintained with an eye for beauty, this special home is one of a kind. There is a viable business and income is available. Incredibly lush and private, with views from the mountain to the ocean. This property is a must see.
3343 Keha Dr
3343 Keha Drive

Wailea
$2.195M (FS)
This gem property has been through an extensive renovation with upgrades throughout the home and cottage. The property offers a variety of options as a perfect family retreat with multiple rental opportunities. The renovations include new kitchens and bathrooms in the main house and cottage with quartz countertops, soft closing cabinets, and Samsung appliances.
21 Kui Pl
21 Kui Place
Kaanapali
$2.8M (FS)
Breathtaking ocean views from this sprawling 3 bedroom 4 bath residence. Nestled at the top of a cul-de-sac and enclosed with a fully operational security gate. The Hillside no longer allows security gates which makes this feature highly valuable. Enjoy the lush and tropical feel as you walk around the entirely enclosed property which houses an abundance of fully mature landscaping.

Homes Under $1M

2189 A Holowai
2189 A Holowai Street
Wailuku

$425K (FS)
This 2 bedroom 2 bath home is a fixer upper that needs TLC. House being sold "as-is". Owners will do survey. Holowai Place is partially County and private. Square Footage may not match county tax records.
 282 Haulani St282 Haulani Street
Pukalani
$799K (FS)
Charming single-family residence situated on a spacious lot. The 2 bedroom, 1 bathroom cottage portion of this residential condo. CPR property is graced with a quarter acre of the shared half acre lot. The home boasts luxury vinyl plank flooring throughout and has been freshly painted. 
58 Ihea Pl
58 Ihea Place
Pukalani
$925K (FS)
Lovely home on a very large lot in the beautiful serene. Renovated in 2023 featuring all new kitchen w stainless steel appliances, luxury vinyl floors throughout, interior/exterior paint, new ceiling fans, tiled bathroom floor, added window, new sliding glass door, sound system & security system throughout.
 


 
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1603 Makahala Place
Wailuku
$989K (FS)
Brand new construction 4 bedroom homes. Designed with a thoughtful open concept and spacious room sizes, these homes are the opportunity you've been looking for. The 4 bedroom floorplan has an oversized 528sf 2 car garage. Construction is scheduled to be completed in Summer 2023. 

Vacation Condos Over $1M

Maui Banyan 2
Maui Banyan F-206
Kihei
$1.25M (FS)
Remodeled and stunning 2nd floor unit with vaulted ceilings and 3 split AC units. Premier front building location with 2 bedroom 2 bath unit, allowing multiple rental possibilities as one or two units. The studio "lock off" amenity also allows income and personal use simultaneously. Furnished and turn key.
Wailea Ekolu
Wailea Ekolu 1003
Wailea
$1.68M (FS)
Panoramic ocean and tropical garden views from this 1 bedroom 2 bath unit. The prime location and layout provide an expansive open-living concept with kitchen, dining, and living areas that flow seamlessly into the large covered lanai and private tropical garden. The unit offers stunning ocean, outer island, and sunset views, must see to appreciate the privacy of this peaceful ocean view garden setting.
royal
Royal Kahana 1211
Kahana
$1.999M (FS)
Rare opportunity to own one of only two center-stack Penthouse Suites. This outstanding panoramic view must be seen in person to fully appreciate. Located on the top floor of the Royal Kahana, suite boasts a massive wrap-around lanai for an unbeatable perspective of the Pacific Ocean, outer islands.

Vacation Condos Under $1M

miranium-ram-mls-398738-2
Maui Vista 3321
Kihei

$749K (FS)
The property offers a versatile set-up of a queen size bed in the finely appointed bedroom suite and another queen in the “hide-away” living room wall unit. Pride of ownership shows throughout in the details. A new, powerful and quiet top-of-the-line AC will keep you cool. The tank water heater was also replaced in 2022. The tiled flooring throughout is stylish, practical and cool.
 Papakea Resort 
Papakea Resort B-102
Honokawai
$899K (FS)
Great oceanfront resort is known for its lush grounds, and many amenities such as swimming pools, BBQs, Jacuzzis, putting greens and great location between Lahaina and Kapalua. Convenient to shopping, dining and all the great vacation activities that Maui has to offer. . Unit has a very strong rental history. Sold furnished as needed for vacation rental activity.
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Napili Point A-25
Napili
$999K (FS)
This is a great opportunity to own this beautifully remodeled 1 bedroom, 1 bath ocean view front row unit at Napili Point Resort. Upgrades include luxury vinyl plank flooring, granite counter tops, wood cabinetry, stainless steel appliances, a tiled shower area, and a front loading stacked washer/dryer. 

Residential Condos Over $1M

Paradise Ridge Estates 2
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. Choose your dream palette of interior designs of premier contemporary interior finishings with lofted ceilings in the coveted three bedroom penthouse villa. Experience the blessings and leave winter behind while you breathe the beauty of Maui.
 
 Maalaea Surf 2 
Maalaea Surf G-8
Maalaea
$1.795M (FS)
Beautifully updated 2 bedroom, 2 bath upstairs condo is sold turn key with nightly rental income in place. Enjoy miles of Sugar Beach from your door. The resort offers 2 inground pools, tennis court, pickle ball and shuffleboard. Ma'alaea Surf offers an owner surfboard storage barn and a locked off owner storage closet. 

Residential Condos Under $1M

pp 2
Puuone Hale Alii 105
Wailuku

$285K (FS)
A comfortable ground floor condo featuring 1 bedroom and 1 bathroom in a prime central Maui location. This condo is a blank canvas for you to personalize, with a freshly painted interior waiting for your own touch.  Moreover, stunning beaches are only a short drive away. The unit also includes a convenient parking stall, making it a perfect addition to your real estate portfolio.
Keonekai Villages
Keonekai Villages 13-205
Kihei

$538K (FS)
Experience the wonderful Maui lifestyle with this beautiful 2-bedroom corner unit at Keonekai Villages. Nestled in a serene garden setting, this gorgeous upstairs condo offers tranquility and comfort in a pet-friendly environment. Recently updated with fresh paint, new flooring in the living room, dining room, kitchen and hallway, as well as new ceiling fans, this unit is ready for occupancy.
  kk 2
Kihei Villages 15-205
Kihei

$550K (FS)
This exceptional 2 bedroom, 1.5 bathroom condo. Offering a serene retreat with beaches and parks nearby. As you step inside, you'll be immediately greeted by the elegant tile flooring that flows seamlessly throughout the unit, reflecting the abundant natural light. The open concept living and dining area boasts a tasteful and contemporary design.

Customer Listing Synopsis

Video/Virtual Tour

Kai Ani Village
Kai Ani Village 12-102
Kihei
$849K (FS)
This “Mahina” model includes a Great Room consisting of living room, dining area, and contemporary kitchen, with two bedrooms and two bathrooms in a single level ground floor unit. Large covered lanai is accessible from Great Room and master. Carpet and tile flooring. Brushed nickel hardware, low energy windows, split system air conditioning.

Vacant Land

42 Pauela Road
Haiku

$398K (FS)
The property currently has an open building permit that is open for a perfectly designed 3800 sq ft home, including an attached 546 sq ft Ohana, carport, and an additional 416 sq ft workroom/storage with its own bathroom. These plans take full advantage of the lot's topography and will provide stunning views of its lush surroundings. 
ll 2
814 Honoapillani Highway
Lahaina

$575K (FS)
We have an Amazing opportunity for you to own ag land in Olowalu. Picture yourself on 2.64 acres. Love to garden or farm? This Ag property gives you ample land to do so. This CPR'd unit designated for a 1000sqft cottage in the Olowalu Mauka Subdivision which is just a sweet spot. Enjoy ocean views and sunsets from your property. Conveniently located close to Olowalu General Store, a farmer's market, Leoda's pie shop and Lahaina town.

 
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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