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 958 July 13th, 2021
 

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 (2)
Condos 
(0)
Land (1)
New Properties (0) 
Price Reduction (0)

Short Sales
Homes (0)
Condos (0)

Land 
(1)
New Properties (0)
Price Reductions (0)

Maui Ranch Estates
  feature  
303 Waipalani Road
Haiku
$1.95M (FS)


Customer Listing Synopsis

 

2021 First Half Stats

The first half of 2021 has definitely been a surprise with a huge increase in the number of real estate sales here on Maui as compared with last year. 

In the residential sector, the total number of sales has increased by 51%. 

The condominium sector has seen a whopping increase in sales by 101%.

Vacant land sales jumped up by a massive amount with a 237% increase in sales.  How will the 2nd half of 2021 perform?  
 
For more information click here.
 
Mahalo Nui Loa,

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

The Smith Team

 
P.S. The Maui Ocean Center recently launched its annual kama'aina membership program.  For more information click here.
 
 
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Market Watch
 
Active
Pending
Sold
Change
Homes
211 (160)
108 (240)
1306 (545)
-3
Condos
158 (50)
399 (137)
2028 (484)
-6
Land
173 (74)
 67 (26)
378 (79)
+1
Total
542 (284)
574 (403)
3712 (1108)
-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

43 Wena Pl
43 Wena Place
Napili
$1.150M (FS)
Comfortable two story home with spacious covered lanais for enjoying the outdoors. The living, dining, kitchen and master bedroom and bath are on the the top level with vaulted ceilings, split air conditioning and easy access to the covered deck.
 
12 Kaweo Pl
12 Kaweo Place
Kula
$1.295M (FS)
This delightful upcountry cabin style home sits on top of a hill with bi-coastal views to the valley below. Featuring redwood and cedar construction, the cozy house has a wood burning stove in the corner of the living room for those cool Kula evenings.
50 Keoni Pl
50 Keoni Place
Kula

$1.5M (FS)
This property lends too many possibilities with the considerable amount of land this property has to offer. Fixer upper home conveniently located in the corner of Kula Hwy. and Omaopio Rd. Property is being sold in "As-Is" condition. Property may have nonconforming improvements. 
 
 4358 W WAIOLA St 2 
4358 West Waiola Street
Wailea
$4.4M (FS)
Stunning entertainers residence perfectly situated above Wailea's Blue Championship Golf Course. Capture spectacular sunset, ocean and outer island views from the generous great room, gourmet kitchen and master-bedroom and lanais.
 
4478 Makena Rd
4478 Makena Road
Makena
$17.5M (FS)
Enjoy over 150 feet of prime beach frontage with breathtaking postcard outer island vistas. The mature tropical landscaping with a private gate to Maui's finest white sand beach is extremely ideal and private. world-class sunsets, snorkeling, kayaking and swimming right at your door step.
 
  4406 Makena Rd  
4406 Makena Road
Makena
$17.88M (FS)
Elegantly furnished turn-key residential condominium situated at the entrance to the Makena Resort and directly adjacent to the Wailea Resort offering unmatched relaxation for the Soul. 
 

Homes Under $1M

475 Aleo Pl
475 Aleo Place
Kahului
$689K (FS)
Conveniently located near schools, parks, shopping, restaurants, businesses, medical, etc. Recent interior and exterior painting along with new carpet, screens, plus prior improvements including larger vinyl windows provide a clean, move-in ready opportunity for a starter home or instant rental. 
 
2022 Kolo Pl
2022 Kolo Place
Wailuku
$850K (FS)
Golden opportunity to purchase a large single family home in a great Wailuku neighborhood. Built in 1980, this split level home lends itself to comfortable family living. Upstairs is the living, dining room, kitchen and main bedroom with an office area. Downstairs is a family room, laundry area and two large bedrooms with a large bath.
 
149 E Makahakaha
149 East Makahakaha Loop
Waikapu

$865.9K (FS)
Two-story, 4 bedroom, 3 bathroom corner lot in Waikapu Gardens. Has a fully gated backyard with a trellis on the lanai and a sprinkler system for both front and backyards. Family rooms on each story and a storage space downstairs. Clean two-car garage with entrances to the downstairs as well as the back yard.
 
 
Vacation Condos Over $1M
 
Kapalua Ridge
Kapalua Ridge 1421
Kapalua
$1.150M (FS)
This unit was remodeled in 2006 as a wonderful beach cottage with the wooden table and chairs and out door Adirondack style chairs as well. it has not been rented since 2006. It is offered furnished, but all artwork is excluded. Private entry, not shared with other neighbors.
 Wailea Point 
Wailea Point 2104
Wailea
$2.5M (FS)
Wailea Point may be the most private and peaceful of any condominium environment, and residence 2104 enjoys more privacy than most. The property is exceptionally well maintained, and offers both gated and roving, round-the-clock security patrols.
 
Montage ResidencesMontage Residences 2204
Kapalua
$3.525M (FS)
Tropical ambiance and unforgettable mesmerizing Azure seas of Kapalua Bay from this lovely 3 bedroom, 3.5 bath Grand Residence. Close to beach and pools, and restaurants on property. Lives like a home,with over 3000 sq ft under roof including the 613 square foot covered lanai.
 
Makena Surf
Makena Surf C-102
Makena
$3.875M (FS)
This luxurious ground floor 2 bed 2 bath unit is a must see with its gorgeous remodel and spaciousness. Beautifully furnished and decorated, this unit features tile and carpet flooring, high ceilings, central A/C, and a large patio for the most amazing sunsets. 
 

  Vacation Condos Under $1M

Haleakala Shores
Haleakala Shores B-203
Kihei

575K (FS)
Haleakala Shores is a highly desirable vacation-rentable complex . The 76-unit complex spans 2.5 acres and includes amenities such as barbeque areas and pool.
 
Royal Kahana
Royal Kahana 107
Kahana
$600K (FS)
This one bedroom one bath condominium for sale on Maui was built in 1975 and made new in 2020 and has a 777 square foot interior. Covered patio has 84 square feet for you to relax to the sights and sounds of the ocean with a perfect view of Molokai or sunsets.
Papakea Resort
Papakea Resort K-401
Honokawai
$930K (FS)
It is a top floor two-bedroom loft style unit. The 4th floor features soaring wood cathedral ceilings that rise up to the loft making this unit feel very spacious. The kitchen, living room and lanai all have beautiful views of the resort and ocean.

Residential Condos Over $1M

  Kahoma Village Kahoma Village 40
Lahaina
$1.195M (FS)
This newly built home features three bedrooms, two bathrooms, a two car garage and has been fully updated for a turnkey offering. The home includes high end window treatment, fans, and lights throughout. The master bedroom boasts a large walk-in closet and dual vanity in the bathroom. 
 
 
kanani
Kanani Wailea 7
Wailea
$1.675M (FS)
Single level living with four bedroom, four and one-half bath. All the bedrooms are en-suite with the fourth bedroom separate and perfect for guests or a private office. Beautiful, private setting with lush landscape.

Residential Condos Under $1M

Puuone Terrace
Puuone Terrace 309
Wailuku
$205K (FS)
Beautiful views from the West Maui Mountains to the ocean from this 1-bedroom condo on the cooler side of the building. Great central Maui location near Keopuolani Park, the YMCA, UH Maui College, the Maui Arts & Cultural Center, shopping, medical facilities the airport & more.
 
Haleakala Gardens
Haleakala Gardens 12-D
Kihei
$499K (FS)
The lush greenery surrounding the unit gives a feeling of a private tropical oasis, while also being in prime proximity to the beautiful open center courtyard. There are nice touches inside the unit, including consistent tiling throughout, built-in cabinets next to the kitchen for extra storage, both a tiled walk-in shower in the second bathroom and a tub in the master. 
  Villas at Kahana RidgeVillas At Kahana Ridge 121
Kahana
$585K (FS)
Awesome 3 bedroom, 2 bath condo with very desirable floor plan. Separate dining room, with sliding door to lanai. Brand new stainless steel kitchen appliances, ample storage and washer/dryer makes this a perfect home or long term rental.
 
 
 Vacant Land
 
121 Kulamanu Circle
Kula
$485K (FS)
Build your dream home in the fabulous Ridge at Kulamanu community. Nestled in a quiet and friendly neighborhood, this location offers privacy and convenience. Just a short drive away from the world famous Haleakala, Ulupalakua Winery, restaurants, farmers markets, shops, grocery stores, and some of Maui’s most premier schools.
 
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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