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 957 July 5th, 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 (1)
Condos (0)

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

Sense Of Place
  ft  
1201 Aina Mahiai Street
Kaanapali
$5.380M (FS)


Customer Listing Synopsis

 

Maui Property Tax Rate

This year's Maui County Property tax rates are now in effect (July 1, 2021, till June 30, 2022).  There is a new tiered-rated system with Tier 1 going up to $800,000, Tier 2 starting from $800,001 to $1,500,000 and Tier 3 for properties valued over $1,500,000.

   0001
 
For more information, visit www.mauipropertytax.com. The first half of the fiscal year tax bills will be mailed out on July 20th.
 
Mahalo Nui Loa,

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

The Smith Team

 
P.S. The Salvation Army is seeking back-to-school supplies for kids in need with supply drives being held at various locations. 
For more information, visit 
https://mauinow.com/2021/07/05/the-salvation-army-seeks-back-to-school-supplies-for-maui-keiki/.
 
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Market Watch
 
Active
Pending
Sold
Change
Homes
214 (165)
240 (102)
1295 (534)
-8
Condos
164 (53)
415 (145)
1998 (472)
-13
Land
172 (73)
 67 (26)
375 (77)
-4
Total
550 (291)
722 (273)
3668 (1083)
-25
 
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

1353 Hiahia St
1353 Hiahia Street
Wailuku
$1.199M (FS)
Oceanview Estates is known as having some of the most gorgeous sunrises, moonrises, and even sunset while looking east. And you are just one street above it all, perched up just high enough to see the sparkling Pacific and majestic Haleakala. 
 
255 Kuli Puu
255 Kuli Puu Place
Kihei

$1.3M (FS)
This lovely single story 4-bedroom 3.5 bath home in friendly Ke Alii Kai Subdivision. Just 1 ½ blocks away from the well know Kamaole Beach Park I in Central Kihei. Well maintained and manicured yard, this home is in immaculate condition, recently power washed exterior & windows, carpet & interior professionally cleaned.
 
 163 Kuli Puu St 
163 Kuli Puu Street
Kihei
$1.45M (FS)
This particularly well maintained home is turnkey ready, and the listing was preceded by a home inspection accessible to qualified buyers. Living room, kitchen and dining area encompass an open floor plan accentuated by elevated ceilings, abundant natural light, and surrounding tropical greenery.
 
61 Pukolu Pl
61 Pukolu Place 
Wailea
$2.745M (FS)
Once upon a time, this home was called “the Tree House” because of its upper location within Wailea Kai gated community which allows you to overlook the surrounding homes and have a true peek-a-boo view of the ocean and West Maui mountain view as well. 
 
60 S Piki Pl
60 South Piki Place
Kaanapali
$2.980M (FS)
Initially built in 1996, a comprehensive renovation effort commenced in 2018 resulting in one of the finest homes in all of Hillside of Kaanapali. Spread across 3,786 sq. ft. of spacious living, this 5-bedroom, 3.5-bathroom estate is ideal for a large family.
 

Homes Under $1M

320 Kulalani Dr
320 Kulalani Drive
Kula
$748K (FS)
This home borders a gulch and forest, offering a retreat-like feel while in the middle of a beloved Kula neighborhood. This two story home has one bedroom and 3/4 bathroom downstairs with the main bedroom/ensuite bathroom and another bedroom upstairs. 
 
134 Luakaha
134 Luakaha Circle
Kihei
$859K (FS)
Enjoy the updated Pergo laminate flooring throughout, stainless-steel appliances in the kitchen and an open-concept living space. The master bedroom is perfectly situated away from the 2 guests rooms, allowing for added privacy and space.
 
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
 
Napili Gardens
Napili Gardens B-6
Napili
$1.95M (FS)
This beautiful home offers the best combination of quality, comfort, and luxurious amenities featuring 3 bedrooms, 2.5 baths, natural bamboo hard wood floors, updated kitchend and baths, solid butcher block counters, new central AC, upgraded back windows, wine fridge and wine closet, a large wood deck in back yard.
 Wailea Elua 
Wailea Elua A-707
Wailea
$2.05M (FS)
This spacious lanai also borders a private garden area with lush tropical greenery, complimenting the views throughout. The 2 bedroom, 2 bath unit is in the lower village. The kitchen features beautiful granite counter tops with back splash, and the indoor dining table comfortably seats 6.
 
Andaz ResidencesAndaz Residences E-2
Wailea
$7.25M (FS)
These exclusive units feature impeccable floor plans with ensuite baths for each of the three bedrooms. High volume ceilings and generous room sizes give the sense of openness and comfort that discerning buyers crave.

  Vacation Condos Under $1M

Paki Maui
Paki Maui 309
Honokowai

$675K (FS)
Enjoy whale watching from your lanai in the winter and year round turtle sightings. Enjoy the pool, jacuzzi, and clubhouse with bbq grills. Lots of walking distance stores and shops in the area as well as the popular Framer Market less then a block away.
 
Wailea Ekahi 2
Wailea Ekahi 3-B
Wailea
$729K (FS)
This sweet garden unit is in the heart of one of the most popular destinations in all of South Maui. Unit 3B feels much larger than a typical studio with plenty of covered lanai and is in close proximity to the updated pool and pavilion.
Maui Banyan
Maui Banyan P-207
Kihei

$789.5K (FS)
This vacation rentable 2 bedroom 2 full bath condo is on the quiet South sunny side of P building. Short 5 minute walk to beautifully white sand Kamaole Beach II and many shops and restaurants. Complex has Tennis court, 2 pools, 2 Hot Tubs, BBQ's and shaded cabana area.

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 Wailea
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

Kihei Villages
Kihei Villages 21-102
Kihei
$399K (FS)
Ground floor 2 bedroom, 1.5 bath Kihei Villages unit. Nice grass yard and patio sitting area. Remodeled with tile throughout fresh paint and fixtures. Some upgrades and nicely kept cabinetry. 
 
Haleakala Gardens
Haleakala Gardens 9-F
Kihei
$420K (FS)
2 Bedroom 2 full bathroom condominium. This second-floor unit boasts high vaulted ceilings with 883 Sq. of interior living space. Ideally situated on the perimeter of the complex. This unit comes with 2 parking stalls and 3 air conditioning units.  
  Maalaea MermaidMaalaea Mermaid 308
Maalaea
$420K (FS)
Beautiful ocean front condo in Maalaea conveniently located in one of the world's best surf spots, freight trains. A short walk to Maalaea Harbor, restaurants, snorkel/sunset cruises/fishing, and Maui Ocean Center. Covered parking, plus a deli/mart is located downstairs.
 
Villas at Kenolio
Villas at Kenolio 14-H
Kihei
$485K (FS)
This is the condo complex with one of the largest pools in Kihei and only one block from the ocean. Split Air 3 unit air conditioning system. Common area elements include jacuzzi, workout room, BBQ, bike racks, and children's play area. Landscaping is a step above the competition.
 
 
 Vacant Land
 
174 Keoneloa Street
Wailuku
$425K (FS)
Build your dream home in the gated community of Sand Hills Estates. Spectacular ocean and mountain view from this convenient central valley location. Within close proximity to health care facilities, shopping, parks and 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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