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 1063 July 18th, 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 (5)
Condos
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos
Land
New Properties

Price Reductions 

 Piece of Paradise 
   feature 2   

Montage Residence 4201
Kapalua

$4.75M (FS)


Interesting World Records From Hawaii

 

Here are some interesting world record facts to come out of Hawaii:

  • Did you know that Hawaii has the longest and deepest lava tube in the world? It’s called Kazumura Cave and is located in Puna on the Big Island (Hawaii). It is 40.7 miles long and 3,614 ft. deep.  

  • The world’s most active volcano is also located on the Big Island of Hawaii. Kilauea and has been actively erupting since 1983.

  • According to the Guiness Book of World Records, the tallest mountain in the world from the base to the peak is not Mt. Everest. It is Mauna Kea also located on the Big Island of Hawaii. It means white mountain. The combined height is 10,205 meters (33,480 feet).  


Mahalo Nui Loa,

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


The Smith Team


P.S. Tropical Storm Calvin is expected to pass very close to the Big Island this evening till Wednesday. There is a flood watch that remains in effect in Maui County from tonight through Thursday. Stay dry everyone!
Follow Us
facebook twitterlinked-round-flat   instagram-logo-icon-vector-29228004 (2)   
Market Watch
 
Active
Pending
Sold
Change
Homes
248 (209)
137 (98)
818 (474)
-2
Condos
212 (95)
198 (114)
1034 (352)
+8
Land
135 (66)
 40 (10)
198 (62)
-5
Total
595 (370)
375 (222)
2050 (888)
+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

911 Lekeona Loop
911 Lekeona Loop
Wailuku
$1.05M (FS)
Renovated in 2023 featuring a brand new kitchen, brand new bathrooms, and brand new flooring throughout. “Bo-ho Chic” was the theme of the renovation which was expertly executed. Beautiful white oak wood-like laminate flooring connects living to dining to kitchen and down the hallway to the bedrooms. The white walls, ceiling, and trim help bring a modernity to the space. 
 
 
48 Kupaloke
48 Kupaloke Street
Wailuku
$1.2M (FS)
A brand new single family home community. This home features a vaulted ceiling in the second-floor great room, oversized dual glazed vinyl windows, Corian Countertops and many more upgrade features for your daily enjoyment. Located within close proximity to the community walking, bicycling path and parks. 
3408 Hookipa
3408 Hookipa Place
Kihei
$2.999M (FS)
The property offers incredible unobstructed ocean views, perfect for enjoying breathtaking sunsets and even spotting whales during their seasonal breaches. With its expansive two-story covered lanai, you can fully embrace indoor/outdoor living and soak in the beauty of the surroundings. The house itself is spacious and well-designed.
 
23 Kahuakai
23 Kahuakai Place
Kaanapali
$4.199M (FS)
Kahuakai Place includes a 3 bedroom, 4 bath, luxury home, and 1 bedroom Ohana unit. The property offers incredible amenities, including an incredible private pool and lanai space.  Entering the home's expansive foyer, illuminating the exquisite craftsmanship and attention to detail showcased throughout.
 

Homes Under $1M

321 W Kuiaha
321 West Kuiaha Road
Haiku
$819K (FS)
This offering must be seen to appreciate the attention to detail with this renovated 2 bedroom 1.5 bath piece of Haiku paradise. Exterior shingles siding, generous exterior decks, railings, trim newly stained, perimeter wood fencing, citrus and mature avocado trees. Presidential 3 tab roofing installed with 30 year warranty, termite tented 1.5 years ago, insulation within all interior and exterior walls and recently surveyed in preparation for sale.
 
 721 POLIPOLI 
721 Polipoli Road
Kula
$990K (FS)
Bank Owned. Single family home with 5 bedrooms and 1.5 bath. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available, and property is being sold As Is. 
 
305 Iini Way
305 Iini Way
Makawao
$999K (FS)
This spacious 4 bedroom 3.5 bath single story house located in Upcountry. Features to include an open concept living space with many windows to bring in natural sunlight, engineered hardwood floors, granite counter tops, stainless steel appliances, separate laundry room, a low maintenance yard, and a lanai with views of West Maui mountains. 
 

Vacation Condos Over $1M

Maui Vista
Maui Vista 1416
Kihei
$1.299M (FS)
This ideal property in Kihei is the second lowest priced 2 bedroom. The property offers breathtaking ocean views from the top floor. You can enjoy stunning sunsets right from your own lanai. High ceilings and natural light. The property features soaring high ceilings that create an open and spacious atmosphere. 
Paki Maui
Paki Maui 122
Honokowai
$1.399M (FS)
This 2 bedroom 2 bath floorplan focus is the up-front master bedroom, 2 private lanais with ocean and Molokai views. Upgraded kitchen in 2017 with new wiring and plumbing features quartz countertops, stainless appliances, accented by tiled backsplash and hardwood cabinets.
Palms at Wailea
Palms at Wailea 2302
Wailea
$1.85M (FS)
Unit has been conscientiously maintained. The light-filled great room features sliding glass walls and windows, allowing for lots of light as well as views of blue sky, turquoise water, tropical gardens, and the island of Kaho'olawe. The fully-equipped kitchen opens seamlessly to the dining area. The custom glass and natural stone full-height backsplash compliments the granite countertops. 
Royal Mauian
Royal Mauian 512
Kihei
$2.1M (FS)
This stunning oceanfront 2 bed/2 bath unit is one of only a few in the complex with no stairs, and boasts the most incredible breathtaking 180 degree ocean views. Enjoy amazing sunsets and whale watching from the best location. With a high walk score and a plethora of restaurants and stores within walking distance, this unit truly has it all. Don't miss your chance to own a piece of paradise.

Vacation Condos Under $1M

Kihei Bay Surf
Kihei Bay Surf C-229
Kihei
$569K (FS)
Residence features a fully equipped updated kitchen with stainless-steel appliances and cherry wood cabinets, a renovated full bathroom with glass-door shower, new flooring, and a roomy covered balcony overlooking the complex tennis center. The unit's peaked ceiling adds dimension and creates a spacious feel.
 
la
Lahaina Shores 632
Lahaina
$599K (FS)
This studio unit offers a tranquil mountain view and awaits your creative touch to transform it into a personalized retreat. This unit provides a unique opportunity to immerse yourself in the beauty of nature. Offers a range of amenities to enhance your lifestyle, including a pool, hot tub, barbecue area, professionally managed front desk and direct beach access. 
Kihei Akahi 2
Kihei Akahi D-G01
Kihei
$650K (FS)
This charming studio offers a fantastic opportunity to own a slice of paradise in South Maui. As you step into this cozy studio, you'll be greeted by an inviting and well-designed space. The open floor plan seamlessly integrates the living, dining, and sleeping areas, maximizing the available space and offering versatility in furnishing options.
Kihei Beach
Kihei Beach 103
Kihei
$950K (FS)
This 1 bedroom, 1 bath, turnkey ground floor, unit offers panoramic ocean views situated on “Sugar Beach” a 6 mile stretch of white sandy beach. Stunning remodel includes luxury vinyl flooring throughout, new sliding glass door, granite countertop and custom cabinets in kitchen and bathroom, stainless steel appliances, walk in tiled shower, ensuite WA/DR and beautiful furnishings.
Napili Point
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. It has an open floor plan with the kitchen and great room area that lead to the ocean view lanai. 

Residential Condos Over $1M

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. 
Hokulani Golf Villas
Hokulani Golf Villas 74
Kihei
$2.495M (FS)
This “like-new” amazing fully furnished 4 bedroom 3 bath home is located adjacent to the 11th hole of the Maui Nui Golf course with beautiful sunset views. This two-story home offers the flexibility of a 4 bedroom 3 bath or 3 bedrooms with den with main level and upper lanais. Gorgeous finishes and upgrades including plank tile flooring and plush upgraded carpet throughout.
 

Residential Condos Under $1M

Harbor Lights D-223
Kahului

$270K (FS)
It is evident that the owners cared for and meticulously maintained this unit. Bamboo laminate flooring throughout and newer (and matching) cabinets and countertops in the kitchen and bathrooms. The plumbing has been redone last year with a full remodel of the bathrooms and freshly painted throughout.
 
Southpointe at Waiakoa
Southpointe at Waiakoa 10-204
Kihei

$525K (FS)
The Sweet Spot unit with 2 bedrooms, 1.5 baths, and 750 square foot interior. This fee simple Residential condo for sale in South Maui, built in 1992, has a peek a boo ocean view from the kitchen sink, living room, covered deck and front porch, just blocks from the beach. The Sweet Spot is an upstairs unit with a 70 sq ft fully covered lanai with an all white kitchen with easy care white laminate counter top.
 
The Breakers
The Breakers E-33
Honokowai
$579K (FS)
Unit is located on the 3rd floor and is accessible by elevator. Floor plan A offers a bedroom with a lanai that faces Kapalua and allows for ocean views and beautiful sunsets. Granite counter tops, wood cabinetry, stainless steel appliances, tile and carpet flooring.
 

Vacant Land

708 Kauaheahe
708 Kauaheahe Place Lot B
Haiku
$499K (FS)
This vacant lot is 1.471 Acre and is located in the highly desired gated subdivision of Kauhikoa Farms. There are a few easements for access, utilities, and a drainage basin but you must come and see for yourself how wonderful this lot is and let your mind run with all the agricultural possibilities.
 
 

 
The Smith Team
www.MauiSales.com
(808) 572-0866
 
facebook    twitter    linked-round-flat    instagram-logo-icon-vector-29228004 (2)  
 
 
 
 
 
 
 
 
 



Click to view this email in a browser

If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe

Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

Read the VerticalResponse marketing policy.

Try Email Marketing with VerticalResponse!