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 1033 December 20th, 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 (1)
Condos (1)
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos 
Land
New Properties

Price Reductions 

 Prestigious Oceanfront Luxury Resorts
   Wailea Beach Villas   

Wailea Beach Villas 312
Wailea
$6.9M (FS)


Winter Storm Yields to the Light

North Shore Sunset: Photo by R. Kofron, Dec 2022

 

Winter is here and residents and visitors had to seek shelter from the recent storm that swept through the island bringing gail force winds, heavy rains and enormous surf. At this time of year we are reminded of the simple pleasures of light, food, warmth and shelter. We are so grateful for our Ohana of friends, family, past and current clients, and business associates that make it possible for us to work, live and pursue our dreams here on Maui.

 

As we gather to celebrate the holidays, we would like to take this opportunity to honor the light within each of us that makes the world a better place for all of us. In the spirit of giving, please consider making a donation to a local organization that works towards the betterment of those who are less fortunate or in need. 

 

Here are a few local non-profit organizations working to support our local community. 

  • The Maui Food Bank: Learn more here.
  • Big Brother, Big Sister: Learn more here.
  • Women Helping Women: Learn more here.
  • Hospice Maui: Learn more here.

From all of us here at The Smith Team, we wish you our warmest Aloha for a safe and happy holiday! Mele Kalikimaka from our ohana to yours!


Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) and 
Rachel Smith Kofron R(S)

The Smith Team
 

P.S. Check out one of Maui’s Farmer’s Market here for unique local goods, crafts or last minute holiday shopping. 
 
P.P.S. Support local culture & art with youth & adult art programming offered through The Hui No’eau Visual Arts Center. Learn more by clicking here.
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Market Watch
 
Active
Pending
Sold
Change
Homes
255 (212)
120 (74)
1049 (620)
-6
Condos
214 (102)
188 (106)
1570 (508)
+4
Land
141 (72)
 35 (11)
226 (72)
+5
Total
610 (386)
343 (191)
2845 (1200)
+3
 
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

 30 Ahinahina 
30 Ahinahina Place
Kula
$1.749M (FS)
Come home to this lovely, custom built two-story home. 3 bedroom 2 bath. See the recently upgraded kitchen and bathrooms and newly refinished solid hardwood Australian eucalyptus floor and the new tile in the lower level. Your inner chef will delight in this beautiful kitchen with large Boos maple island.
 
70 Wailau Pl
70 Wailau Place 
Launiupoko

$2.4M (FS)
This cottage sits on 2 acres, bordering the Launiupoko stream gulch for immense privacy. The home is not visible from the street as it is nestled down below with lots of beautiful greenery surrounding, and imperial plaster finish on the walls that all add to the lovely feeling when you enter. 
 
81 S Piki Pl
81 South Piki Place
Kaanapali
$2.595M (FS)
This home has been thoughtfully designed with an open kitchen, living area, and primary bedroom upstairs, all capturing ocean views. Tall vertical windows take in the morning light over the open green park and West Maui mountains. The other three bedrooms are downstairs. One bedroom is a mother-in-law suite that can be locked off, overlooking the garden area.
138 Awaiku St
138 Awaiku Street
Launiupoko
$5.2M (FS)
Gorgeous fully furnished Bali inspired 3832 sf, 6 bedroom ensuite home on 2 acres is nestled at the base of the West Maui Mountains in Launiupoko. Each room has a unique decor with a private outdoor shower and lanai to enjoy the lush tropical landscaping. This custom home includes decorative architecture details and features a swimming pool. 

Homes Under $1M

 2265 Holowai 
2265 Holowai Place
Wailuku

$729K (FS)
This Happy Valley 3 bedroom 2 bath home has impressive West Maui Mountain and Ocean views. The spacious 11,600-square-foot parcel is terraced with avocado, citrus, coconut, bamboo, and guava trees. There is space for an additional dwelling (Plans included) or abundant garden beds. Upgrades include a newly painted exterior.
54 Koula Pl
54 Koula Place
Wailuku
$825K (FS)
Immaculate single level home in the desirable Wailuku Parkside development. Nestled in a cul-de-sac, this home offers vaulted ceilings and various upgrades throughout. Built in 2000, 3 beds 2 baths, 1302 sf home with a covered back lanai. This home was painted inside and out, new pergo flooring, a built in bookcase & china cabinet in the family room.
pp
464 Lipo Place
Paukukalo
$975K (FS)
This multi-unit property is perfect for an extended family, investor, or owner occupant looking to achieve rental income from the detached cottage. The main home of 5 bedrooms 3 baths sits at the front of the property, benefitting from the mature landscaping, cool breezes and dramatic mountain views from the uppper story. 

Vacation Condos Over $1M

Luana Kai
Luana Kai B-201
Kihei
$1.05M (FS)
A beautiful and spacious, stylishly furnished and decorated 2 bedroom, 2 bath condo in a resort-style complex right on the beach. Turnkey and perfect for owner occupant, 2nd home or vacation rental. Updated kitchen and bathrooms. Custom built in cabinets provide extra storage, and the unit has a full size washer and dryer. 

Customer Listing Synopsis

Kahana Sunset
Kahana Sunset D-6
Kahana
$1.3M (FS)
Ocean view two bedroom, two and a half bath split level condo which is beautifully remodeled and located in Kahana Maui between Kapalua and Kaanapali. Enjoy your afternoon beverage under the awning covered living room lanai deck or walk down past the magnificent pool and jacuzzi and out to Keonenui Bay and check out the turtle activity.
 Puamana 
Puamana 24-1
Lahaina
$1.995M (FS)
This lofted, 1 bedroom unit is steps from the ocean and was remodeled in 2019 is turnkey, and ready for its next owner. Discover for yourself how the lyrics to the well-known song. A gated, sought-after enclave, sited on 30 acres of oceanfront land where the open spaces, soft breeze and the sound of the waves soothe the mind and body. 
 
Wailea Point
Wailea Point 601
Wailea
$5.85M (FS)
Prime front row location with nothing but the vast Pacific Blue at your feet. Top to bottom remodel with hard wood floors, open floor plan that flows from one room to the next. The unit comes fully furnished turnkey. Kick back and enjoy year round sunsets, epic whale watching from the large spacious lanai.
 

Vacation Condos Under $1M

Hono Kai
Hono Kai A-4
Maalaea

$565K (FS)
One of the units closest to the ocean. It feels like a beach bungalow with its color palette and decor. There are ocean views from the kitchen, living room, bedroom and lanai. Views of Haleakala are picturesque especially when the sun is setting and all the colors light up the house of the sun.
kaa
Kaanapali Shores 414
Kaanapali

$895K (FS)
This one bedroom one bath Kaanapali Shores unit is located on the quiet side of the building with ocean and mountain views. You will appreciate the peace and quiet as you put your feet up and relax with a good book. There's also a pool-side restaurant, convenience/gift shop, and salon for those special nights out. This unit is perfect for both a second home and investment property.
Pacific Shores
Pacific Shores B-203
Kihei
$925K (FS)
Stunning remodel and beachy perfection making it the best getaway spot for you and your guests. Fully renovated from top to bottom in 2022, sold furnished and with future bookings. Located ideally in South Kihei, across the street from Charlie Young Beach. Walking distance to restaurants and shopping makes this a home run.  

Residential Condos Over $1M

Hokulani Golf Villas
Hokulani Golf Villas 149
Kihei
$2.15M (FS)
Initial thoughts "Wow, clean, white, bright barely lived in with soaring 12 foot ceilings that provide lots of volume" "I like it!" and you too, will like this 2-story residence with the main living flow on one level; great room, kitchen, master bedroom, den over 1700 sq.ft. of living space and a convenient 2 bedroom 1 bath with den upstairs for an additional 750 sq.ft.
Hokulani Golf Villas
Hokulani Golf Villas 66
Kihei
$2.5M (FS)
This amazing home with 180 degree views of Haleakala located on the 15th green of the Maui Nui Golf Course is located within the lush confines of the gated community of Hokulani Golf Villas.This is a prime example of what happens when a builder has a green light to build with passion and without a restricted budget.
 

Residential Condos Under $1M

  Hale Royale
Hale Royale E-202
Honokawai

$370K (FS)
This top floor unit was upgraded in 2021 with LVP flooring throughout the main living area. Hale Royale has plenty to offer including two pools, a hot tub, dry sauna, tennis courts and a communal library. The maintenance fees include water, sewer, trash, exterior maintenance, building insurance, an on site manager and reserves.

Customer Listing Synopsis

Iao Gardens
Iao Gardens 110
Wailuku
$449K (FS)
Great 2 bedroom 2 bath in Iao Gardens, Wailuku. Close to businesses, shopping and eateries. Iao Gardens has much to offer, secured building, pool, BBQ area, elevator, and 2 parking stalls, which is rare, one covered and one uncovered. This unit is located on the second floor, end unit and is partially renovated with new Kitchen cabinets and quartz countertops.
iao
Iao Parkside 104
Wailuku
$489K (FS)
Well kept beautiful ground floor 2 bedroom, 2 full bath with yard. Approx 722 sq ft condo living. Perfectly located near businesses, schools, Drs and shopping. 2 parking stalls side & side directly and conveniently in front of the unit.
Southpointe at Waiakoa
Southpointe at Waiakoa  30-206
Kihei
$580K (FS)
This 2 bedroom upstairs unit was updated in 2020 including new laminate flooring throughout, fully remodeled kitchen with Brand new microwave and refrigerator purchased in 2022. Bathrooms have new fixtures including toilets, lighting, flooring and washer & dryer. This pet friendly complex has ample guest parking.
 
napi
Napilihau Villages 5-202
Napili
$599K (FS)
This 2 bedroom fee simple condo on the West Side. Own in Beautiful Napili! Walk to restaurants, shopping, and the beach. Extensive remodel only 2 years ago. Very low HOA dues cover water, trash, sewer, exterior maintenance, and grounds maintenance. Two deeded parking spots right near the unit. Pet friendly well managed association.
 

Vacant Land

0 Kiha Place Lot 43
Wailuku

$699k (FS)
Incredible opportunity to purchase a custom homesite in Wai'olu Estates, the newest subdivision at Kehalani. Lot 43 is a 14,632 sq ft blank canvas where you can design and build the home of your dreams. Nestled at the top of the Kehalani community at an elevation of 650', this lot provides stunning ocean views of the North Shore of Maui as well as a commanding view of the central valley and Haleakala.

 
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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