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 971 October 12th, 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

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

 Luxurious Maui Estate


80 Lau Awa Place 
$7.5M (FS)

Market Update

Even though the median price of homes on Maui dropped from $1.1M to $999K, the Maui Real Estate market continues to be quite strong as evidenced by the latest 3rd Quarter Statistics.

For those of you who are more visual, here is a You Tube Link courtesy of Old Republic Title & Escrow.

If you prefer greater detail in writing, check out this link courtesy of Fidelity National Title & Escrow.

Anyway you cut it, it is a super hot market and although it may be slowing down, there are no signs of it coming to a complete stop or going in the opposite direction.

Have a wonderful week.

Mahalo Nui Loa,

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

The Smith Team

P.S. Do you have questions about the market or wish to have specific information about a property that you are interested in buying or selling?  If so, please contact us.
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Market Watch
201 (160)
231 (95)
1341 (632)
147 (47)
306 (123)
2273 (552)
140 (55)
 65 (22)
402 (96)
488 (262)
602 (240)
4016 (1280)
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

30 Olinda Rd
30 Olinda Road

$1M (FS)
This beautifully remodeled home is just within walking distance to restaurants, shops, banking, post office & schools. Upon entering the home you will be amazed at the gorgeous fully equipped kitchen featuring all stainless steel appliances with a gas range. The flexible floor plan with many possibilities. 
80 Piimauna Street
$1.09M (FS)
Spacious corner lot with fenced in yard. Enjoy central AC in the hot summer months. 20 mins to Kahului Town and walking distance to pool and Pukalani Shopping Center. Large 3 bedroom, 2 bathroom home in quiet and safe neighborhood. Fully updated kitchen and bathrooms, stone countertops, new wood cabinets, and upgraded appliances.
42 Paalae Pl
42 Paalae Place
$1.399M (FS)
The whole interior and exterior have been freshly painted and all windows have been professionally cleaned to show off that crystal clear view. The open concept kitchen has an eat-in nook and it also opens to the living room and dining area making it a great room. Your covered back lanai opens to the nice grassy yard. 
121 Ala apapa
121 Ala Apapa Place
$1.4M (FS)
This special property was built to last with a solid foundation of concrete, steel frame, and cement board walls. Also built to accommodate all ages, the street level is 2500 square feet and the lower level is 1500. There are 4 bedrooms, 4.5 bathrooms, double 2-car garages, upgraded Island kitchen with gas stove, newer appliances, gorgeous Caesarstone counters. 
  303 waipalani  
303 Waipalani Road
$1.75M (FS)
The home has Paradigm Island Collection wood flooring throughout, and two large covered decks. The kitchen features solid wood & glass cabinets, specialty shelving, stainless steel appliances, double oven, exotic granite countertops, and full height granite backsplash, plenty of counter and storage space and nearby dining area. 

Homes Under $1M

2048 Pakolu St
2048 Pakolu Street
$689K (FS)
Experience the charm of this lovely 3 bed, 2 bath 1930's plantation home with the classic backyard shed and a newly built back deck. Enter via a covered front porch into the spacious Great Room with 9 ft. ceilings, charming built-in bookcases, original wood flooring, and double hung wood windows. 
1991 Kaohu Street

$789K (FS)
This charming home is being offered furnished and features a 9 ft high ceiling, an enclosed sun porch, a separate downstairs laundry room with a full bathroom and a detached carport. Recently upgraded with an all new bathroom upstairs, moisture resistant vinyl plank flooring, new carpeting in the bedrooms, AC in all rooms, freshly painted interior.
1791 Piihana Rd
1791 Piihana Road
$799.9K (FS)
This 4 bedroom 2 bath single family home has an updated electrical and plumbing. It also has vinyl windows, granite counter top in the kitchen and bathroom, tile flooring throughout the house, roofing redone, and an extra bonus room and study room.
127 Kauhaa S
127 Kauhaa Street
$845K (FS)
Spread out in this spacious, well- maintained, and updated, two level home in The Meadowlands, a gem located in the heart of Kihei. Featuring a large lanai on both levels, a fully fenced backyard, and a jacuzzi, this home provides a great private venue for keiki and guests to enjoy.

Vacation Condos Over $1M

Papakea Resort
Papakea Resort G-406
This can be your Maui Home Away from Home in one of the most premiere 3 Bedroom condominiums in Papakea Resort being offered. Over the years it has been fully remodeled and well-maintained top to bottom.
Hale Pau Hana
Hale Pau Hana 702
Beautifully and thoughtfully renovated in 2011, this wonderful unit is ready for your enjoyment. The renovation included a new kitchen, new bathrooms, beautifully designed built in cabinets and entertainment center, smoothed ceilings, recessed lighting, A/C unit and more. 
Wailea Ekolu
Wailea Ekolu 1509
This stunning unit has it all. Clean lines, tile flooring, and modern finishes throughout the home bring a sense of upscale ease. Upon entering, you’re immediately drawn to your own private lanai, boasting unobstructed views of the Pacific that pour in through floor to ceiling windows.

Vacation Condos Under $1M

Sugar Beach Resort
Sugar Beach Resort 305
$749K (FS)
An Oceanview with year around western exposure sunsets. Watch the whales play in the blue Pacific Ocean from your private beachfront lanai while enjoying your favorite beverages. Take a stroll on the longest white sand beach in all of Hawaii. 
Mahana 102
$795K (FS)
Built in 1975, the Mahana is beachfront with 5 acres of tropical gardens. Amenities include tennis courts, swimming pool, shuffleboard, spa and a barbecue area. Guest and activity desks are located in the spacious lobby. 
Kamaole Sands 5-305

$900K (FS)
This spacious 1036 sq.ft, 2 bedroom, 2 bath, one level unit has a great location in building 5, in the back of the complex with ocean views from the kitchen, living room and master bedroom and a view of Haleakala from the guest room.
Kapalua Ridge
Kapalua Ridge 2312
$995K (FS)
Immaculately maintained and meticulously restored by current owners. Shows extremely well. New Sapele Wood Floor in bedroom and tile throughout remainder of the unit. Newer appliances.
Customer Listing Synopsis

Video/Virtual Tour

Residential Condos Over $1M

Kai Ani Village 3-106
$1.1M (FS)
Take a quick lunch break and enjoy a swim in the beautifully maintained saline pool, returning to work fully refreshed. Centrally located and within close walking distance to the beach. The property is close to many great restaurants and offers fun biking opportunities to enjoy in your spare time. 
Na Hale O Makena
Na Hale O Makena E-301

$3.75M (FS)
One of the unique features of this penthouse is its built-out second floor, with an additional bedroom, bathroom, and loft, office, game area, taking advantage of the entire 2773 sf of living space. The main level offers 3 bedrooms and 2.5 baths, ideal for a family looking for single-level island living.
Coconut Grove I-36

$5.1M (FS)
This spectacular property is located oceanfront on Kapalua bay. One of the best beaches in the world. 36 is a second floor unit with private ground floor entry. There are 3 large suits and 3.5 baths.

Residential Condos Under $1M

Iao Gardens 110
$379K (FS)
Great 2 bedroom 2 bath in Iao Gardens. Partial remodel done but move in ready. Two parking stalls.
Hoonanea at Lahaina 219
$600K (FS)
With soothing colors that remind you of the beach, and bright, open space, this condo is truly a piece of paradise. Hoonanea 219 is move in ready and comes fully furnished with an expectational quality of furniture. The full-size kitchen has hardwood floors and stainless steel appliances.
Iliahi at Kehalani 4-B
$639K (FS)
There are sweeping ocean views from this apartment from the downstairs living area, and master bedroom. Boasting 3 large bedrooms, and 2.5 baths, this townhouse is spacious, and comfortable living. 

            Customer Listing Synopsis
Hale Kanani
Hale Kanani 4-205
$780K (FS)
This is a meticulously maintained 3 bedroom, 2 bathroom, fully furnished, corner unit across the street from Cove Beach Park for surfing and fun in the sun. Also nearby is Charley Youngs Beach, shopping, dining and Kalama Beach Park with sand volleyball courts, oceanfront roller rink, baseball fields, basketball, and free tennis courts.
Vacant Land
O Manawai Place Lot 8-A
$2.3M (FS)
Extremely rare opportunity to own this perimeter front-row cliff edge 5.82 acre gorgeously manicured parcel with the most incredible unobstructed panoramic breathtaking views on Maui's North Shore.
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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