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 1075 November 8th, 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 
(1)
Condos
Land
New Properties

Price Reductions 

Makena Oceanfront Bliss
   4406 Makena Rd   

4406 Makena Road
Makena
$16.75M (FS)


Whale Season has officially begun following whale sighting in Maui waters: Maui Now

Whale-Watching-Maui

Whale season in Maui is officially underway. Pacific Whale Foundation’s Research team sighted their first whale of the season out of Māʻalaea on Oct. 25, about 5 miles off the coast of Kīhei, at 8:15 a.m.

Whale watch ecotours are available with PacWhale Eco-Adventures (owned by the Pacific Whale Foundation). Whale watches begin Nov. 6.

The Ultimate Whale Watch with Experts begins Nov. 19. This unique adventure includes a 3-hour whale watch with a Certified Marine Naturalist onboard and offers an opportunity for small groups looking to whale watch and photograph. With each tour providing a different perspective on marine life, naturalists will provide expert commentary about humpback whales so that you may gain a better understanding of them and the data collection Pacific Whale Foundation researchers are gathering.

Mahalo Nui Loa,

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

The Smith Team
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Market Watch
 
Active
Pending
Sold
Change
Homes
224 (184)
105 (70)
761 (479)
-7
Condos
256 (132)
129 (77)
968 (334)
+13
Land
132 (61)
 25 (5)
200 (56)
+2
Total
612 (377)
259 (152)
1929 (869)
+8
 
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

55 Kalola Pl
55 Kalola Place
Kihei
$1.495M (FS)
A private oasis of tropical landscaping and seamless indoor/outdoor living. High beam ceilings and sliding glass doors flood this 3 bedroom, 2 bath single-level home with natural light and excellent airflow. The bright, modern kitchen features navy blue hardwood cabinetry, quartz countertops, and stainless steel appliances. 
357 Kualono
357 Kualono Place
Wailea
$2.599M (FS)
This custom built home in gated Wailea Pualani Estates exudes peace, tranquility and privacy as you take in the Ocean View framed by the lush green belt from your large wraparound lanai. Offered fully furnished, this home allows you to take advantage of the best in indoor/outdoor living, with 7 sliding doors that access dual wraparound lanais. 

 
248 Piliwale Rd
248 Piliwale Road
Kula
$5.999M (FS)
Embrace sustainability and unlock the potential of horticulture production on this remarkable property. Enjoy the pleasant Kula country weather. Situated on 4.5 acres, the grounds are equipped with a variety of irrigated greenhouses, multiple accessory buildings, and two homes, perfect for both comfortable living or as caretaker's retreat. 

Homes Under $1M

850 Kekoa
850 Kekoa Place
Wailuku
$879K (FS)
Potential Short Sale. Large 3 bedroom 2 bath home in Waiehu Heights. Wonderful views of West Maui Mountains, Haleakala and the ocean. Step out to the yard, which has beautiful views and space for enjoying the fresh air and sunshine. This home is ready for a new owner and refresh. The layout features a large kitchen with open concept and lots of natural lighting.
742 Kekona742 Kekona Place
Makawao
$899K (FS)
Enjoy living on a quiet cul-de-sac, with a community feel neighborhood, and close proximity to Makawao’s yearly parade, rodeo, schools, restaurants, pubs and shops. Spacious home with 3 bedrooms, 2 upgraded bathrooms, vinyl plank flooring, and a jacuzzi for those cool winter nights. Large 2 car garage for all your projects, and a big porch to enjoy the fresh country air and colorful sunsets. 
 
384 Kapanui
384 Kapanui Place
Wailuku
$965K (FS)
There is potential for three separate dwelling spaces, perfect for a multi-generational family or multiple rental income. The main house has stunning mountain and ocean views! Four bedrooms and two baths with an enclosed outdoor patio to host your gatherings. Centrally located in Wailuku, minutes away from amenities such as shopping, restaurants, coffee shops, parks, schools and beaches.

Vacation Condos Over $1M

 Kamaole Sands 
Kamaole Sands 8-404
Kihei
$1.298M (FS)
This 15 acre beautifully landscaped development features a wonderful central courtyard featuring lush foliage fountains and streams. Unit is a 2 bedroom, 2 bath top floor, south facing unit with a large lanai to enjoy ocean, sunset and mountain views. Beautifully furnished and remodeled including a complete new re-designed kitchen (2017).
Papakea Resort
Papakea Resort L-101
Honokowai
$1.4M (FS)
A rare direct oceanfront first floor end unit in a private location at the resort. The wrap around lanai has additional space to enjoy the outdoors and the larger size of the unit has more kitchen space and a larger bathroom to accommodate double sinks which gives it a spacious feel. This unit has many recent upgrades.
Lauloa
Lauloa 103
Maalaea
$1.479M (FS)
This captivating fully renovated 2 bedroom, 2 bathroom ocean front vacation rental condo will take your breath away! Majestic ocean views from the spacious covered lanai, living room, dining room, kitchen and master bedroom. The best seat in the house for whale watching or catching the sunset. With renovations completed in 2023.
Kapalua Golf Villas
Kapalua Golf Villas 17P7,8
Kapalua
$1.875M (FS)
Spacious ground floor, corner location with extra windows and minimum stairs. The interior was recently repainted and has new carpet and is being sold Turn Key. The large, covered lanai is perfect for enjoying a cup of coffee or a glass of wine while watching the sunset. The monthly maintenance fee includes basic cable, WiFi, water, sewer, landscaping, trash, management and a reserve fee.
Wailea Elua
Wailea Elua 1504
Wailea
$3.95M (FS)
This two bedroom, 2 bath spacious condo comes with a two car garage so you have plenty of storage for paddle boards, surfboards, and beach gear. Take in the morning sunrise from the oceanfront lanai and cap off the day catching the famous Maui sunset. Beautiful Elua beach awaits you for world class diving. This condo is a highly demanded vacation rental with strong monthly returns. 

Vacation Condos Under $1M

Maui Banyan
Maui Banyan T-106
Kihei
$799K (FS)
Totally updated 1 bedroom, 2 bath ground floor condo is a must see! Beautiful kitchen features granite countertops, wood cabinetry, L shaped island, pendant lighting and stainless steel appliances. Gorgeous tile floors throughout, island style furnishings, flat screen TVs, tiled lanai and upgraded ceiling fans, are a just a few of the features of this turnkey condo.
Koa Lagoon
Koa Lagoon 303
Kihei
$925K (FS)
This turnkey short-term vacation rentable unit has breathtaking expansive ocean views from the rare wide and deep lanai, giving the living room, dining room, and kitchen spectacular ocean views. Watch whales breach, take in epic sunsets, walk the beach, or just lay around at the pool. With only 42 condos in the concrete building.
Maalaea Kai
Maalaea Kai 303 
Maalaea
$950K (FS)
Nestled within this premier oceanfront complex, you'll discover the largest 1 bed/1 bath floor plan, thoughtfully furnished and ready to welcome you home. Upgraded over the past three years, this fee-simple vacation rental condo emanates modern elegance. Resting on 2.2 acres of prime oceanfront land.

Residential Condos Over $1M

Kai Makani
Kai Makani H-202
Kihei
$1.375M (FS)
Introducing a stunning 3 bedroom, 2 bathroom upstairs unit. This exceptional single level condo offers a luxurious living experience in a prime location. Step inside and be greeted by high-quality porcelain tile, meticulously designed by the renowned Spanish architect, Antoni Gaudi. The remodeled oversized kitchen is a true masterpiece.
La'i Loa
La'i Loa 101
Wailea
$2.585M (FS)
This 2 bedroom home features an open and airy floor plan of approximately 1,372 square interior square feet. A timeless color palette is warmed by subtle textures and clean, contemporary lines for a visual kinship with the surrounding landscape, while premium design elements such as quartz countertops elevate each home to a sophisticated place.
 

Residential Condos Under $1M

Kihei Villages 21-102
Kihei
$619K (FS)
This 2 bedroom 1.5 bath recently remodeled condo with fenced yard. Had two parking spaces. Outdoor storage locker.
 
Hoolea Terrace
Hoolea Terrace 2504
Wailuku

$695K (FS)
This single-level 3 bedroom and 2 bath with 9' ceiling unit has separate entry from other unit. Mountain view with ocean view. Trade wind blows to this unit and cool climate is very pleasant and peaceful. 2 side by side parkings in front of unit. Unit comes with private covered lanai on the back side and exterior water heater closet with room to store beach chairs or surfboards by the entry door.
 
Kai Ani Village
Kai Ani Village 14-203
Kihei
$869K (FS)
This South Maui residence offers an effortless blend of charm, an abundance of picturesque surroundings and stylish curb appeal. Built in 2013, this 2 bedroom 2 bathroom property offers a welcoming ambiance with a skillfully designed floorplan, which includes 9 ft ceilings throughout.
 

Vacant Land

1483 Lower Kimo 2
1483 Lower Kimo Drive
Kula
$649K (FS)
This vacant land has a great Kula location off Lower Kimo Drive and comes with a County of Maui water meter. Partially fenced with ocean views, this Residential-3 zonerd lot can accommodate a home and cottage. Neighboring (contiguous) lot is also available for purchase.
 
   
 

 
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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