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 1059 June 20th, 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

Condos
Land
New Properties

Price Reductions 

Shores of Makena
   Feature   

Makena Surf F-301
Makena

$6.555M (FS)


New Developments on Maui with Inventory Available Now

 

If you are looking to purchase a brand new single family home, there are a couple of new developments with inventory available now.

 

Anuhea at Kehalani is located in the master planned community of Kehalani on the slopes of Wailuku. This new development has a total of 164 single family homes with an average lot size of 7,821 sq. ft. There are 6 different floor plans with interior square feet of homes that range from 1,529 sq. ft. to 2,021 sq. ft. There are currently 4 homes available now. One of the homes you can move into this summer and another home will be available to move into in August. Prices range from $1.212M to $1.301M.

 

Another new development with homes available to purchase is Hoku’ula in the Hali’imaile area of Upcountry. There are 6 different floor plans with 4 bedrooms and 2 to 3.5 baths. The lot sizes will range from 7,500 to 8,500 sq. ft. Right now, there are currently 13 active listings at Hoku’ula. These homes will not be ready till 2024 - 2025. 
The main homes will have an interior square feet of 1,465 to 2,095 sq. ft. Some of the residences will include a 1 bedroom, 1 bath 580 sq. ft. cottage as well. Prices range from $1.395M to $1.725M.

 

Let us know if you would like to have more information on these two developments and would like to visit the sales models.

Mahalo Nui Loa,

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


The Smith Team


P.S. The Makawao Stampede Fest 2023 - County Concert is happening this Saturday, June 24th starting with a parade in the historic Makawao town at 9 a.m. that ends at Oskie Rice Events Center. The concert will start at 1 p.m. Join in the fun!
Follow Us
facebook twitterlinked-round-flat   instagram-logo-icon-vector-29228004 (2)   
Market Watch
 
Active
Pending
Sold
Change
Homes
231 (196)
143 (100)
823 (473)
-6
Condos
198 (87)
220 (134)
1059 (345)
-6
Land
130 (61)
 42 (14)
197 (60)
-4
Total
559 (344)
405 (248)
2079 (878)
-16
 
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

16 EHU Rd
16 Ehu Road

Olinda
$1.39M (FS)
Beautiful rustic kiawe wood fence in front of the home. House built in 1988 originally 4 bedroom 2 bathroom. Previous owner built a 2 level 768 sq ft addition totalling 2496 sq ft of living space. Additionally, there is 2 level large deck in the front also second deck in the back of the house. Exterior completely painted in 2022 as well as upstairs interior. 
180 Kalaihi
180 Kalaihi Place
Kaanapali
$3.95M (FS)
The world's best beach is just a golf cart ride away. This exquisite 4,799 sf, 5 bedroom 6 bath family home. Boasts breathtaking views, a light-filled interior, and the ultimate Hawaiian indoor/outdoor lifestyle. As you step inside, you'll immediately notice the meticulous care and pride of ownership that radiates throughout this well-maintained home. 
hana
33 Hana Highway
Paia
$12M (FS)
This property was beautifully remodeled in 2018, resulting in a breathtaking 5 bedroom, 3 bathroom residence that rests on a sprawling 27,913 sqft tropical lush lot. This property offers an unparalleled oceanfront lifestyle. Step inside and be greeted by an airy and open floor plan. This is a true gem of a property, offering an unrivaled combination of modern luxury and classic charm.

Homes Under $1M

63 Nakoa
63 Nakoa Drive
Wailuku
$950K (FS)
Nice level lot with ocean view. 4 bedroom 2 bath home. Great opportunity to do upgrades with your special touch. Large living room and kitchen.
papua
751 Papua Street
Wailuku

$985K (FS)
This beautiful 3 bedroom 2 bathroom Kehalani home is in a central location and is within a mile of Puu Kukui Elementary School. Within minutes of shopping, beaches, and hospitals. Enjoy the view of the West Maui Mountains from the front of the house. There is a large two-car garage.
 
 
22 AKONI
22 Akoni Place
Paia

$999K (FS)
This fresh and modern 3 bedroom, 1 bath home features an attached studio apartment, complete with separate entrances and laundry, an excellent setup for multigenerational living or rental income. The renovations are truly impressive, including new real hickory wood plank flooring, new mini split cooling system and many more. 

Vacation Condos Over $1M

Wailea Ekahi
Wailea Ekahi 52-E
Wailea
$1.095M (FS)
This stunning studio at the beachfront complex of Wailea Ekahi Village offers the Maui lifestyle with direct access to one of the States most desirable beaches, Keawakapu Beach. The entry of this 2nd floor unit welcomes you to your own personal oasis. Prepare beautiful meals while enjoying the natural beauty of Maui on the sizable lanai or counter seating for 3. 
Kapalua Ridge
Kapalua Ridge 1512
Kapalua
$1.5M (FS)
Coveted Kapalua Ridge 1 bedroom 2 bath villa now offered in the luxurious, low density 1,200 acre Kapalua Resort on Maui’s Northwest shore. This beautiful villa has extensive ocean and coastal views including views of Honolua Bay, Molokai and the West Maui Mountains. A gracious lawn sits off the lanai for quiet enjoyment of the private garden with fragrant plumeria tree and beautiful orchids.
Puamana
Puamana 111-2
Lahaina
$2.98M (FS)
Move in right away and enjoy beach living in your bright, fully renovated townhome located in the gated oceanfront community of Puamana. This exclusive community has loads of amenities: think a seasonal sandy beach, tennis, pickle-ball, three swimming pool, three surf spots, plus a heritage clubhouse with a library, an ocean-view gym, and frequent social gatherings.
 Wailea Beach Villas 2 
Wailea Beach Villas M-412
Wailea
$8.95M (FS)
The panoramic views are absolutely unstoppable and you will never miss a sunset. Wailea Beach Villas is perfectly situated on Wailea Beach and just steps from all the shopping and restaurants in the Shops at Wailea. This 3 bedroom, 3 bathroom unit is being sold furnished with some exclusions.

Vacation Condos Under $1M

Waipuilani
Waipuilani 304
Kihei

$599.9K (FS)
This 1 bedroom peek-a-boo ocean view unit is ideal for travel nurses, Airbnb, or a second home. You can also enjoy as your primary home, or long term rental. Comes with one deeded space 31, and a second stall with association approval. Lush landscaping offers views of plumeria trees making it a tropical oasis.
Maui Banyan
Maui Banyan H-114
Kihei
$800K (FS)
Light and bright 1 bedroom, 2 bath ground floor end unit, with easy access and no steps. Kitchen has beautiful bamboo cabinetry, granite countertops, tile backsplash, updated appliances, an island with seating, recessed and under cabinet lighting. Enjoy the comfortable size living room which accommodates a sleeper sofa and recliner chair, flatscreen TV and AC unit. 
Kaanapali Shores
Kaanapali Shores 328
Kaanapali
$920K (FS)
This 1 bedroom, 1 bath ocean view. This condo has been updated and maintained to the Aston standard. The floor plan is open and has a full-size kitchen with custom cabinetry and granite counter tops. The living area leads out to a private lanai where gentle breezes and chirping birds accompany your morning coffee. There is a sofa bed in the living room.

Residential Condos Over $1M

 Masters 
Masters 2301
Kaanapali
$1.495M (FS)
Unit encompassing 1,544 sf with 2 bedrooms and 2 bathrooms, this exceptional ground-floor unit boasts panoramic ocean views, a highly-desired open concept layout and an exceptional location, situated just atop the 9th hole of the Ka'anapali Golf Course. Feel a true sense of aloha as you walk through the door with charmful Hawaiiana interiors.
 

 
 Kai Malu 
Kai Malu 34-A
Wailea
$2.595M (FS)
This townhome is the "Honua" floor plan with the primary suite on the main. Stepping inside you will find an open vaulted ceiling floor plan allowing abundant natural lighting. This home has an extended yard and lanai to enjoy the morning Haleakala sunrise view and the relaxing backdrop of Haleakala Mountain & Wailea Blue Golf Course. 

Residential Condos Under $1M

Maui Lani Terraces
Maui Lani Terraces A-306
Honokowai

$475K (FS)
This remodeled one bedroom condo awaits its place in the story of the adventure that is your life. Presented fully furnished and turnkey, Maui Lani Terrace A306 features exceptional upgrades throughout including granite countertops, a wine chiller, and thoughtfully expanded storage and cabinetry in the kitchen. 
  Kahului Ikena
Kahului Ikena 412
Kahului

$599K (FS)
This 3 bedroom 2 bath condo at Kahului Ikena is Central Maui's best value, and it's move in ready. A ground floor unit, on the perimeter of the development, this condo is in walking distance to the Maui College.

Customer Listing Synopsis

Kai Ani Village
Kai Ani Village 12-101
Kihei
$849K (FS)
Prepare to be captivated by this charming 2 bedroom, 2 bath ground floor corner unit, perfectly positioned with the extra windows bringing in the natural light. Immerse yourself in the ultimate virtual experience by watching our video and exploring the 3D virtual tour.  Generously proportioned rooms, and an abundance of closet space.

Vacant Land

814 Honoapiilani
814 Honoapiilani Highway Lot 22-A
Olowalu
$850K (FS)
Gorgeous views, convenient location, a short distance to the ocean, a short driving time to Kahului, Lahaina, and Kaanapali. Enjoy Hawaiian sunsets from your own piece of the island. The lot is gently sloped, with the higher portions having the best view of the ocean. 

 
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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