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 975 November 9th, 2021


In this newsletter:
Luxury Estate 

 65 WILI OKAI Way 2 

65 Wili Okai Way
$8.75M (FS)


Mind Blowing Real Estate Market Here on Maui

  IMG_1090  IMG_1091 IMG_1092 3

The October statistics are in from our Realtor Association of Maui. The median price of a single family home increased by 7.5% to $932,500. The median price of a condo increased by 13.2% to $672,500. There is a 66.6% decrease in the number of homes for sale in all of Maui. It is definitely a good time to sell! Let us know if you are interested in finding out what your home is worth.
Go to our Market Statistics section and click on the October 2021 link for the full statistics.
Thank you Reta Chin from Fidelity National Title for the market snapshot images!  

Mahalo Nui Loa,

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

The Smith Team

P.S. Thanksgiving in America this year is Thursday, November 25, 2021.  Check out this cool article on how to spend Thanksgiving in Hawaii when visiting in November.

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Market Watch
178 (142)
215 (100)
1370 (654)
137 (49)
328 (132)
2302 (566)
138 (49)
 63 (25)
400 (96)
453 (240)
606 (257)
4072 (1316)
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 number of active listings from the previous week.


Homes Over $1M

31 Hoku Puhipaka
31 Hoku Puhipaka Street

$1.2M (FS)
This elegantly designed & quality built Two-story Stucco home with Tile roof is solid and functional. The main living areas and one bed & bath are downstairs and the other four bedrooms upstairs. Two of which have walk-in closets. 
143 Leiohu Circle

$1.597M (FS)
A rare upcountry offering in Kulaono Subdivision with endless Bicoastal ocean, gorgeous sunsets, and outer-island views. This single level newer 2,326 sq.ft home is situated on a 20,539 sq.ft lot, beautifully landscaped including grapefruit, lemon and avocado trees. 
116 Halelo St
116 Halelo Street
$2.699M (FS)
A unique opportunity to own a 4 bedroom 4 bathroom single family residence with separate 2 bedroom 2 bath guest house in the heart of the Kaanapali resort area. Rarely do you find a home and cottage walking distance to some of the finest beaches, shopping and dining Maui has to offer.
995 Anapuni Place 
$6.3M (FS)
Excellent opportunity to acquire brand new, high quality home in Lanikeha at Kaanapali Golf Estates. Built by Thad Henry Design Group, the residence is expected to be complete in 2022. 

Homes Under $1M

42 Nakoa Drive

$712.4K (FS)
Bank Owned. This 3 bedroom, 1.5 bath & 2 bedroom, 1 bath ohana are in the old Sandhills Estates which is an older established residential neighborhood. This home has plantation style features and an oceanview. 

296 Manini Place

$799K (FS)
Bank Owned. Great potential for this 5 bedroom house, plus 2 bedroom detached cottage on an oversized lot in North Kihei. This diamond in the rough is centrally located, close to the Kihei beaches and also just minutes from Kahului for all conveniences. 
752 Awalau Rd
752 Awalau Road
$969K (FS)
On a clear pristine upcountry day, there may be no better place than the quiet pastoral Awalau Road area of Maui. This property is just east of Makawao town, affording gorgeous views of Haleakala Crater, lush green hills.

Vacation Condos Over $1M

Maui Sunset
Maui Sunset A-321
This nicely appointed beach condo has a semi-private entrance and extra large lanai only found in end units nearest to the ocean, perfect for whale watching and Maui sunsets. This spacious and open floor plan has stunning ocean views that are sure to impress.  
Honua Kai 2
Honua Kai - Konea 812
This floor plan is very unique and offers an extremely oversized guest bedroom featuring 2 full size queen beds with room to spare. Only 2 units in Konea with this floor plan. Great view of the majestic West Maui Mountains and stunning afternoon rainbows throughout the year.
Montage Residences
Montage Residences 4201
Montage Residences Kapalua Bay offers a rare opportunity to fully embrace the Montage lifestyle. The combination of unparalleled location, expansive floor plans and Montage services make for true hassle free resort living.


Vacation Condos Under $1M

Maui Vista
Maui Vista 2420
$675K (FS)
Maui Vista is a sought after complex featuring 3 pools, 6 tennis courts, convenient barbeque areas and across the street from Charlie Young Beach where you will enjoy those beautiful sunsets and whale action.  
Kaanapali Shores
Kaanapali Shores 826
$749K (FS)
Enjoy the expansive view of the ocean from your lanai, living room and kitchen from this luxurious 1 bedroom 1 bath condo located on the 8th floor. This unit is in a peaceful location overlooking the ocean.
Aina Nalu C-209
$750K (FS)
This 2 bedroom, 2 bath delightful Maui hideaway. It has had several upgrades including new furniture throughout the unit for your enjoyment. It also has the benefit of being on the second floor which not only means a quieter space, and also beautiful vaulted ceilings that open up the living area. 
Maui Sunset
Maui Sunset A-201
$970K (FS)
This spacious, second-floor unit boasts large windows and excellent courtyard views. From the granite countertops and dark kitchen cabinetry to the vinyl flooring throughout main living room and kitchen with carpet in the bedrooms unit has been meticulously maintained. 
Customer Listing Synopsis

Residential Condos Over $1M

Kai Ani Village 3-106
$1.1M (FS)
The property is close to many great restaurants and offers fun biking opportunities to enjoy in your spare time. Upstairs from the retail space, you will find the two-level, two bedroom, two bath unit, which has recently been remodeled. 
Na Hale O Makena
Na Hale O Makena E-201
$2.585M (FS)
Enjoy a very quiet and peaceful environment in this apartment, at the beautiful pool, spa, fitness area or the community garden. Good security with on-site manager, gated entrances and coded entry into each of the six buildings. 
Hokulani Golf Villas
Hokulani Golf Villas 74
$2.675M (FS)
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-318
$180K (FS)
Nicely renovated 2 bedroom, 1.5 bath unit with beautiful ocean and mountain views at Harbor Lights. One o the most comfortable units at Harbor Lights with light breeze and ocean views.
Puuone Terrace 319
$192.5K (FS)
This one bedroom, one bath corner unit on the third floor with mountain and ocean views is ready for your creativity and design ideas. A blank canvas ready to make your own and possibly earn a little sweat equity along the way. 
Iao Parkside
Iao Parkside 21-101
$549K (FS)
This fully renovated 3 bedroom 2 bath ground floor unit with big Mountain views is exactly what you have been looking for. Wall to wall life proof vinyl flooring, a beautiful new kitchen with soft closing cabinets, granite countertops, walls of glass subway tile and Whirlpool appliances await you.
Hale Royale
Hale Royal C-104
$589.8K (FS)
Surrounded by tropical gardens this remodeled unit includes tile floors, granite countertops, stainless steel appliances, upgraded bathroom and much more. 
Wailea Fairway Villas
Wailea Fairway Villas C-202
$925K (FS)
Wailea Fairway Villas is a residential complex on 12 acres that also features a fitness room, pool, spa, kitchen, and BBQ area with stunning views. Short distance from white sandy beaches, dining, tennis, golf and shopping.
Vacant Land
30 Kai Ala Drive
$11.5M (FS)
Your ultimate beachfront residence can be built on this approximately one-acre site that offers over 100 feet of lineal beach frontage. You will enjoy fabulous ocean, island, and sunset views as well as whale watching in season.
The Smith Team
(808) 572-0866
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753

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