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 993 March 15th, 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 (1)  
Land
New Properties  
(1)
Price Reductions 

Short Sales
Homes 

Condos 
Land
New Properties

Price Reductions  

Spectacular Beachfront

 brst 

3066 South Kihei Road
Kihei

$22.9M (FS)


What to Do On Maui?

 

Now that the Safe Travels program is ending, we hope that there will be lots of new and returning visitors to Maui.

Most of you are probably aware of the many world-renowned white sandy beaches with crystal clear blue waters excellent for swimming or snorkeling. But there are many other activities you might enjoy from whale watching (from December through April), snorkeling, kayaking, hiking, etc.

For a fairly comprehensive list of things to do, visit this website for 30 Activities with links to book on-line.

If you don’t see what you are looking for, let us know and we will help you find it.

We welcome you to Maui (E Komo Mai Maui) and hope you have a wonderful time here. Of course, if you are looking to buy or sell real estate, please contact us and we would be happy to help you.

Mahalo Nui Loa,

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

The Smith Team

 

P.S. Be sure to check out the Maui Cultural Center's Calendar for upcoming live events as well as Gallery Exhibits.

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Market Watch
 
Active
Pending
Sold
Change
Homes
173 (150)
220 (127)
1347 (690)
-6
Condos
143 (70)
335 (159)
2347 (624)
+5
Land
111 (55)
 60 (12)
384 (116)
+6
Total
427 (275)
615 (298)
4078 (1430)
+5
 
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.

 
MARKET STATISTICS 
January 2022
February 2022

 

Homes Over $1M

139 Naulu St
139 Naulu Street
Wailuku
$1.399M (FS)
This property offers breath-taking views of both the ocean and the West Maui Mountains, along with several nearby parks and walking paths. Downstairs features a living room, a separate family room, an open kitchen with modern appliances and an island countertop with barstools, 2 split a/c units and a 1/2 bath for guests.
 
70 Wailau Pl
70 Wailau Place
Launiupoko

$2.65M (FS)
The home is not visible from the street as it is nestled down below with lots of beautiful greenery surrounding. A large living area for this size home with Granite counters, travertine floors, and imperial plaster finish on the walls that all add to the lovely feeling when you enter.
 
 70 S Iwa 
70 South Lwa Place
Kaanapali

$3M (FS)
This exceptional two-story residence features 3 bedrooms, 3.5 baths, with 4,425 square feet of living space and 1,036 square feet of covered lanai space. This residence has a spacious floor plan designed to optimize ocean views, natural light and island living. Entering the home you will be greeted to a sunny great room that overlooks the pool and panoramic scenery.
 
796 Awalau
796 Awalau Road
Makawao

$3.995M (FS)
This property was constructed with the idea that off-grid living can be as luxurious and full of amenities as traditional living and has fulfilled the promise of a private, sustainable way of life, free from public utilities and all the associated inconveniences.

Homes Under $1M

642 Ukali
642 Ukali Street
Paukukalo
$490K (FS)

Bank Owned. Here is your opportunity to own a home with over a quarter acre of land in the up and coming Paukukalo neighborhood with an existing 1,146 sf three bedroom, one bath. With a two car carport, partially completed shed ready for your finishing touches and plenty of room for a garden. 

Customer Listing Synopsis

2224 Mokuhau
2224 Mokuhau Road
Wailuku

$549K (FS)
The 4 bedroom 3 bath home is located on a large 8,482 SF of land which offers options for an ohana in the backyard and excellent rich soil for gardening. This home is in need of repair, or teardown and rebuild. Property is being offered As-Is Condition.

Customer Listing Synopsis
Puuala St (2) 2
144 Puuala Street
Kula

$590K (LH)
Hawaiian Home Lands in beautiful upcountry Kula. Great views, 2, 816 sq. ft. two story home that needs to be completed. Home is unfinished. Cash only.

 
324 S Puunene
324 South Puunene Avenue
Kahului
$850.5K (FS)
This property has so much potential and is waiting for your final touch. The property is designed with multiple living configurations. Low maintenance yard and close to schools and medical facilities and numerous restaurants.
 
 
lo
101 Hooheno Street 
Kahului

$949K (FS)
Come see this 3 bed/2.5 bath home located in the popular Legends at Maui Lani. Two bedrooms are on the second floor, while the primary bedroom is located on the main level. Upstairs you will find an additional seating area, that could be converted into a 4th bedroom, and a drop zone which can double as an office.
 

Vacation Condos Over $1M

Kapalua Golf Villas
Kapalua Golf Villas 14V3-4
Kapalua

$1.65M (FS)
Privacy and serenity surround this spacious 2 bedroom, 2 bath Vista level floor plan. Enjoy your Kapalua's unique advantages in a treehouse type setting. By day stroll Kapalua Dr in the shade of the historic Cook Pines or follow the Cook Pines towards the Pacific Ocean for a magical walk down to Kapalua Bay Beach.
 
Maui
Maui Kamaole G-204
Kihei

$1.725M (FS)

Great ocean view and a larger 2 bedroom is the icing on the cake. If you have been waiting for an ocean view unit in one of the best vacation rental complexes in south Maui you just found it. This G building unit has a spacious, open floor plan and is very close to the beach. 

Customer Listing Synopsis

HONO
Honua Kai - Konea NR713
Kaanapali

$3.495M (FS)
Prime 7th floor 2 bedroom, 2 bath unit with wrap around lanai and fantastic ocean views. This desirable condominium, Honua Kai Konea 713 on North Kaanapali Beach, has never been in a rental program. It has only been utilized by family and friends. 
 

Vacation Condos Under $1M

byan
Maui Banyan H-303
Kihei

$749K (FS)
This 1 bedroom 2 bathroom heavily booked vacation rentable condo is situated in South Kihei across from Kamaole Beach Park II. The H building in Maui Banyan provides convenient access to two pools, bbq areas, tennis courts and is a short distance to your deeded stall in the parking garage. 
 
Kihei Akahi
Kihei Akahi C-213
Kihei

$750K (FS)

Beautiful Kihei Akahi C-213 on the North, quiet side of the complex. Lush garden, grassy area right outside your lanai door. Easy access to 2 pools, BBQ areas, full size tennis court and Kamaole II Beach is just a minute walk away. Unit was tastefully and fully remodeled in 2017.

Customer Listing Synopsis
 

island
Island Surf 315
Kihei

$800K (FS)
This 2 bed 2 bath unit begs for a beautiful remodel and is located on the third floor. There is elevator access and pets are allowed on property. There is lots of parking in the back lot and a pool and barbecue area on-site. 
 
Papakea Resort
Papakea Resort D-401
Honokawai

$895K (FS)

This Oceanview 1 bedroom plus loft features an open full size kitchen with granite counter tops, custom wood cabinetry and tile flooring throughout. The bathroom offers a remodeled walk-in shower with specialty fixtures. 

Customer Listing Synopsis

papa
Kamaole Sands 5211
Kihei

$980K (FS)
Kamaole Sands Ocean View 1 Bedroom 2 Bathroom with additional murphy bed and custom lighting. Floor to ceiling remodeled and fully furnished turn-key unit. Convenient to shopping, dining and all the lifestyle amenities Maui offers.
surf
Island Surf 600
Kihei

$999K (FS)
Enjoy spectacular ocean views and stunning sunsets from your covered lanai at Island Surf. This corner unit is a 2 bed 2 bath that is located on the sixth floor with an option to rent it out as a lock-off (two separate units).

Residential Condos Over $1M

Opukea at Lahaina F-404
Lahaina
$1.195M (FS)

The size of a home with the convenience of condominium living. Ocean, island and West Maui mountain views await you from the spacious penthouse property at Opukea F404. Located on the penthouse level of one of Opukea’s most desirable buildings.

Customer Listing Synopsis

Video Tour

Wailea Palms
Wailea Palms 3308
Wailea
$1.695M (FS)
This elegant unit features 2 beds, 2 bathrooms. Upon entering, you’re immediately captivated by high-vaulted ceilings that emphasize the expansiveness of the unit. Oversized windows bring the outdoors in allowing for ample amounts of natural light to delicately highlight the main living spaces.
 
Coconut Grove
Coconut Grove 136
Kapalua
$5.1M (FS)
This spectacular property is located oceanfront on Kapalua bay. One of the best beaches in the world. 36 is a second floor unit with private ground floor entry. There are 3 large suits and 3.5 baths. There are large lanais to view sunsets and whales.
F 2
Sugar Cove 6A, 6B, 6C
Spreckelsville
$17M (FS)
This is your chance to acquire a private, turnkey beachfront condominium building consisting of two living spaces with a total of 8 bedrooms, 7 bathrooms, 3 ½ bathrooms and just under 6,000 square feet of living area all situated on the crescent beach at Sugar Cove in the heart of Spreckelsville.

Residential Condos Under $1M

Harbor Lights A-121
Kahului

$159K (FS)

Bank Owned. This property is located in Central Maui. It neighbors the University of Hawai’i Maui campus and the Maui Arts and Cultural Center. Walking distance from Queen Kaahumanu Center. Near Maui Memorial Hospital, schools, grocery stores, eateries, and movie theaters.

Customer Listing Synopsis

Kihei Shores
Kihei Shores B-205
Kihei

$525K (FS)

Such a great location and a residential condo with a pool. This unit is large and in a great location in the complex with close access to the Kamaole Beach Park III. Nearby to Wailea, shopping, dining, golf, surf, walking paths, and all that Maui has to offer. 

Customer Listing Synopsis

 

shores
Kihei Shores E-308
Kihei

$649K (FS)
This top floor 3 bed 2 bath South Maui residential condo is move-in ready, fully furnished and sparkling clean. The condo is equipped with upgraded appliances, laminate wood flooring, built-in closet organizers, stripped popcorn ceilings, and lighted fans.
9250 Kamehameha
9250 Kamehameha V highway
Molokai
$690K (FS)
Bank Owned. The East side of Molokai has all of that and more. With over two acres of usable land, incredible mountain views and beach parks nearby. This home offers four bedrooms, three baths, a large covered deck and tons of storage under the living area as well as a two car parking garage.
 
 
Vacant Land
 
Hoomaikai Place Lot 7
Kula

$3.25M (FS)

Incredible opportunity to own a beautiful 37 acre parcel within the quiet and exclusive gated community of Makani O Kula in Lower Kula. With bicoastal and Haleakala views, this is the developers lot and offers development possibilities. 

Customer Listing Synopsis

 
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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