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 962 August 10th, 2021


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)

New Properties

Price Reduction 

Short Sales

Land (1)
New Properties 
Price Reductions 

Tavares Bay Oceanfront


525 Hana Highway
$7.85M (FS)

Calculating Your Maui Property Taxes

It used to be easy to calculate your taxes, but the latest revision to Maui Property Taxes put in place a Tiered System for both owner occupied and non-owner occupied homes, condos, short term rentals, and commercial properties based on the total Assessed Value.

Here is a link to the website that will explain how your Property Taxes are now calculated.

There is one more important change that will affect Second Home Owners who own condos where the zoning permits short term rentals.  The County is now taxing those properties based on highest and best use.  In other words, even though you don’t rent out your condo, you will now be taxed at the short term rental rate.  The affect will be a nearly doubling of your property taxes.

As far as I know, there are no ways to avoid paying this higher tax rate.  You could, of course, start to do short term rentals when you are not in occupancy to help offset some of the increased costs.  Alternatively, you could sell the property and buy in another complex where they do not allow short term rentals.  If you would like to entertain either of those options, we would love to talk with you.

Mahalo Nui Loa,

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

The Smith Team

P.S. The 4th phase of the new development at Anuhea at Kehalani in Wailuku just came out with their price list today.  You can get a brand new single family 3 bedroom 2/2.5 bath home for $889K and $925K in this phase. This will be a lottery and you have to reside in the home for 1 year before selling it. Considering resale homes in the neighboring communities are selling for more, this is a good deal. Call us for details.

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Market Watch
210 (157)
234 (107)
1332 (584)
125 (48)
346 (134)
2125 (504)
161 (75)
 74 (22)
392 (89)
496 (280)
654 (263)
3849 (1177)
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

 583 Kahena St 
583 Kahena Street

$1.149M (FS)
This remodeled and freshly painted, 6 Bedroom, 3 bathroom has a flexible floor plan. Upstairs level, 3 bedroom 1 bath featuring a Beautiful Quartz waterfall island, plantation shutters, stainless steel appliances, all wood cabinets, upstairs sleeper-sofa sectional couch included.
336 Leoki Pl
336 Leoki Place 
$1.195M (FS)
The property is fully fenced and has a large backyard with room for a cottage. Large additional living room and family room allows for a flexible floor plan and a potential second unit. Stucco exterior and tile roof provides long lasting low maintenance.
494 Hoala Dr
494 Hoala Drive
$1.55M (FS)
This home also offers Dramatic vaulted ceilings, skylights and large windows which create a spacious interior. There are Partial ocean views from the Master bedroom and front decks.  
2609 Kahekili
2609 Kahekili Highway
$1.595M (FS)
This amazing house and detached cottage is on almost 1 acre of land. Enjoy ocean views from the Lanai while sipping on your favorite cocktail. The main house has been completely renovated featuring travertine and Australian Eucalyptus wood flooring.
361 Pualoa Nani Pl
361 Pualoa Nani Place
$1.995M (FS)
Quality home, Ideally located directly across from Wailea Pualani's expansive park like greenbelt, a long private palm tree lined driveway welcomes you home to your lush oasis complete with pool, garden, young fruit trees and a three bedroom, three and a half bath bedroom home.

Homes Under $1M

2131 Kahookele St
2131 Kahookele Street
$695K (FS)
The existing main house was built in 1930 and is in need of some major renovations. The ohana at the rear of the property has two bedrooms and one bath. It was built in 1963 and is also in need of some TLC. This lot can accommodate a main house plus two accessory dwellings (ohanas) according to the latest County rules. 
385 Nenea Street
$730K (FS)
This 3 bed and 1.5 bath home, while dated, has extremely good bones and has been lovingly maintained through the years. The well thought out layout and abundance of oversized windows make this house feel spacious and airy. The air flow is truly delightful.
387 Pauwala Pl
387 Pauwala Place
$859K (FS)
Located back of the former Pioneer Mill Office in the Paunau Subdivision. It is a well established neighborhood with mostly well maintained yards. There are 44 PV panels on the roof with one battery. Ceiling fans in the 3 bedrooms and living room.
223 Makaleha Pl
223 Makaleha Place
$867.8K (FS)
The kitchen was updated in 2020 with new flooring installed in 2020. The 4th bedroom has been converted to an efficiency unit with its own private entrance and private bath with added support railings in the bath. The fully fenced yard has wonderful street privacy.

Vacation Condos Over $1M

Menehune Shores
     Menehune Shores 403
$1.185M (FS)
Unit 403 has a bright contemporary design that is so inviting, uplifting and relaxing. The open living and dining room area opens up to a lanai (balcony) with lovely views. The master bedroom also has a sliding glass door out to lanai with ocean and mountain views. 
kapalua bay
Kapalua Bay Villas 16-G4
Ultimate panoramic ocean view all the way from the marine sanctuary and legendary surf spot, Honolua Bay, to the stunning Kapalua sunsets between the outer islands of Molokai and Lanai. 
Kaanapali Shores 502
The spacious kitchen features granite counter tops and custom cabinets. This popular 10 acre condominium hotel boasts two swimming pools, two spa pools, saunas, fitness center and two tennis courts and a pickle ball court.
Honua Kai - Konea
Honua Kai- Konea NR729
This exquisite 7th floor three bedroom residence offers stunning direct ocean views with the isle of lanai soaring distance. The living room seamlessly joins the 240 sqft lanai with the glass nanowalls wide open, and the chef's kitchen includes viking appliances, granite countertops, and a wine fridge.

Vacation Condos Under $1M

Island Sands
Island Sands 414
$379K (FS)
This studio on the 4th floor is as private and secure as you will find. A 433 sq. ft. studio that feels much larger with a full kitchen, full bath, washer and dryer, dishwasher, ample storage and a private Lanai. Serene mountain views from the Lanai.  
Aina-Nalu C208
$660K (FS)
The great room style of the Aina Nalu living and kitchen area separates two bedroom suites so everyone has a nice large sleeping area and bathroom. The master suite is full of light from the large floor to ceiling windows and extra skylights because of the vaulted ceilings.
Maui Vista
Maui Vista 1418
$730K (FS)
This two bedroom, two bath condo is offered fully furnished. It has two floors, high vaulted ceiling that give volume and space to this charming condo. Take in the breathtaking Maui sunsets on your lanai (balcony) with beautiful ocean views.
Waiohuli Beach Hale
Waiohuli Beach Hale A-101
$879K (FS)
This beautiful remodeled two bedroom, two bathroom, ground floor condominium offers direct access to the beach, pool and nearby parking. The supermarket is right across the street.

Residential Condos Over $1M

Wailea Town Center D-201
The perfect blend of urban penthouse living and island elegance offer an exceptional opportunity in Wailea Town Center unit D-201. With 1616 SF, this spacious 2-bedroom, 2-bath condo immediately captures you with stunning 180° unobstructed ocean views that stretch from Kahoolawe to West Maui Mountains. 
Keala O Wailea
Keala O Wailea 102

This unit is situated in the back of the complex and draws the benefit of the perfectly manicured and expansive lawn with stunning views of the Pacific Ocean and west Maui mountains. The spacious lanai is also pre-plumbed for a gas grill. Here you can indulge in serene sunsets while enjoying a soothing cocktail. 
Masters 3408

The interior was completely remodeled in 2019 with ultra high-end finishes and materials throughout including imported marble, chef-inspired appliances, custom cabinetry, and remote-powered window treatments.  

Residential Condos Under $1M

Harbor Lights
Harbor Lights A-306

$169K (FS)
Fantastic Ocean views. Centrally located 2 bedroom, 1.5 bath unit in Kahului. Close to Queen Kaahumanu Shopping Center.
Iao Parkside
Iao Parkside 18-203
$399K (FS)
This unit faces Eha Street and has the most amazing view of the West Maui Mountains from the lanai. The spacious floor plan boasts 830 sqft and allows for a nice breeze through the living room. This unit features two dedicated parking spots nearby. 
Kehalani Gardens
Kehalani Gardens 2204
$455K (FS)
Welcome to the desirable Kehalani Gardens community. On the ground floor, this townhome features the living room, dining area, and kitchen, along with half bathroom that includes the washer/dryer. The back yard is fully fenced so you can set up your BBQ for outdoor family gatherings. 

Vacant Land
198 Holomakani Pl
198 Holomakani Place 
$725K (FS)
One of the rare lots in Upcountry Maui with a designated installed county water meter. The 21,780 sq ft, 1/2 acre lot has a driveway area prepped, no CCR's or monthly fees. The land is slightly sloped, all usable at the top of the subdivision and near the end of the cul de sac.
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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