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 966 September 7th, 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  

 Maui's North Shore

131 Aleiki Pl

131 Aleiki Place
$12M (FS)

Maui Residential Real Estate Market

The Maui residential real estate market maintained its brisk pace in August 2021, as median sales prices island-wide remained around last month’s highs with nearly one-third of single-family homes selling above the asking price. Sellers remain in control of the market as a lack of inventory continues to drive the market’s overall competitiveness. 
Single-Family Home Transactions
For the fourth month in a row, the median price for single-family homes on Maui remained over $1 million, an incredible milestone as the median sales price of a single-family home was $772,000 just one year ago in August 2020. Coming off one of its best months in recent history, the luxury market saw only 13 sales above $2 million for single-family homes compared to 30 in July of 2021.
Condominium Transactions
With just one month of the remaining inventory, the condo market is seeing some relief as there were 30% more listings on the market in August compared to last month. That said, condos are still selling at a blistering pace of 114 days, a full 100 days faster compared to this time last year, and with a median price of $650,000.
To download the full report, including a luxury sales summary, click here. For more information about a specific neighborhood, condo, or the current value of your home, please contact me at any time.
Mahalo Nui Loa,

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

The Smith Team

P.S. Starting September 15th, vaccine cards will be required to dine indoors at Maui restaurants. Not just restaurants. Also gym and some other establishments. All children under 12 are exempt at this time. To find out more details, click here.

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Market Watch
200 (152)
251 (109)
1336 (608)
124 (38)
335 (138)
2192 (513)
147 (68)
 75 (20)
392 (91)
471 (258)
661 (267)
3920 (1212)
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

28 Mano Dr
28 Mano Drive 

$1.4M (FS)
The climate is pleasant the year around and is wonderful for outdoor activity. This home is located in the top portion of the neighborhood and has ocean and sunset views from the deck and living areas. The lot is large at 15000 sqft and the yard is fenced.
 303 Waipalani Rd 
303 Waipalani Road

$1.75M (FS)
Experience the tranquility and privacy of this spacious renovated 2.06 acre estate located at the top of Maui Ranch Estates on a quiet Cul-de-sac. It has an open floor plan with high ceilings, large windows for great lighting & endless possibilities.
3076 Manu Hope
3076 Manu Hope Place
$2.185M (FS)
This is a highly sought-after neighborhood when access to the beach without a vehicle is a top priority. The 4 bedroom, 3.5 bath, 2526 s.f. residence was renovated in 2012. Natural wood floors, Turkish travertine, specimen granites & open beam vaulted ceilings on both floors add a feeling of warmth & spaciousness.
673 Mililani Pl
673 Mililani Place
$2.2M (FS)
A spacious entertaining space around the pool, plenty of yard space and a 6 car garage. The updated 1 bedroom 1 bath detached cottage has it's own driveway off of Kupulau Dr, a carport and fenced yard for privacy. 
230 E Panana Pl
230 East Panana Place
$2.698M (FS)
Enjoy the ambiance and enjoyment of Wailea's sparkling ocean, white sandy beaches, multi-hued sunsets and rainbows, from your spacious, custom designed, one level, three bedroom, three and a half bath Paradise home. 

Homes Under $1M

2224 Mokuhau Rd
2224 Mokuhau Road
$689K (FS)
Built in 1960, this 4 bedroom 3 bath home is located on a large rectangular 8,482 SF land. The recent survey shows bountiful options for an ohana in the back yard. Since this home is in need of repair, it's 'livable' while making repairs, Or tear down and rebuild.
2810 Keikilani
2810 Keikilani Street
$699K (FS)
Potential Short Sale. Opportunity to transform this 1,464 square foot, 3 bedroom 2 bath home into an amazing property. Surrounded by a charming community and bevy of amenities, including shopping, parks, and a plethora of schools, find yourself moments to Maui's North Shore. 
1088 mammalu
1088 Mamalu Place
$765K (FS)
This home is brimming with natural light and a nice cross breeze. It’s move-in ready, equipped with a new roof and solar hot water system, ceiling fans in every room and easy to keep clean wood floors throughout. Wash and dry your clothes conveniently inside the two car garage. 
37 Hoaka Pl
37 Hoaka Place 
$899K (FS)
This 3 bedroom 2 1/2 bath home is located in a highly desirable gated community in Honokowai. This cute and quaint home sits in the middle of the cul-de-sac and has just been painted on the outside. The Master bedroom is located ground floor with ensuite bathroom and walk in closet. 

Vacation Condos Over $1M

Papakea Resort G-406
This rare 3 bedroom unit is in the G Building closest to the ocean with South/southwest views is by far one of the best locations at Papakea Resort. This can be your Maui Home Away from Home in one of the most premiere 3 Bedroom condominiums in Papakea Resort being offered.
Hale Hui Kai
Hale Hui Kai 108
A step back into old Hawaii with a charming design and beautifully landscaped grounds. Unit 108 is on the quiet side of the complex with ocean and garden views. The unit, with its simple and tasteful design finishes is a great vacation rental or second home. Walnut floors throughout. Both bedrooms have upgraded interior windows.
Hale Hui Kai 108
Sands of Kahana 381
Feast your eyes on this newly remodeled, jaw-dropping luxury oceanview penthouse at The Sands of Kahana. The home features three 3 bedrooms, three 3 bathrooms, three 3 lanais and four 4 AC split units one in every room plus the living room. It comes fully furnished, fully stocked and turnkey.

Vacation Condos Under $1M

Kihei Kai Nani
Kihei Kai Nani 137
$480K (FS)
This lovely ground floor condo is located directly across from the pool yet offers a peaceful and quiet oasis. Upgrades include travertine tile, granite countertops, renovated bathroom, and interior washer/dryer.
Maui Vista
Maui Vista 1212
$499K (FS)
Great opportunity to own this 1 bed 1 bath vacation rental in South Kihei. This second floor unit is well maintained and turn-key ready. Maui Vista is a desirable location and is within short distance to shops, night life, restaurants, and across the street from Kamaole 1 and Charlie Young Beach. 
Grand Champions
Grand Champions 121
$799K (FS)
This one bedroom two bath unit features an open floor plan and tons of natural light. High ceilings and updated tiled flooring open this popular vacation unit creating a relaxing beachy getaway. Enjoy this fully equipped unit for yourself or continue on with vacation bookings.
Kamaole Sands
Kamaole Sands 10-313
$799.9K (FS)
Amazing one bedroom unit situated in the best location in Kamaole Sands. The 10 building is right across from the ocean beautiful fountains out front and just steps to the pool. This unit has been beautifully renovated with tile throughout. It features a very nice ocean view and a large lanai.

Residential Condos Over $1M

Masters 3408
3 Bedroom, 2 Bathroom unit with West facing views for year round sunsets, panoramic ocean and outer island vistas, views of the Kaanapali Resorts and seasonal whale watching. This corner unit residence has a single level, open floor plan with additional windows and high vaulted ceilings, allowing for lots of natural light throughout the day. 
Kapalua Ironwoods
Kapalua Ironwoods 64

$2.7M (FS)
A tremendous opportunity to own an oceanfront residential condominium in Kapalua Resort with 3 bedrooms and 4 baths. This prestigious development is comprised of only 40 units with close proximity to the Ritz-Carlton hotel and other Kapalua Resort amenities.

Residential Condos Under $1M

Iao Parkside
Iao Parkside 21-104

$425K (FS)
Highly sought after two bedrooms, two bathrooms Iao Parkside ground floor unit with great backyard space. Move in ready with new washer/dryer, new dishwasher, new screen doors and painted throughout.
Keonekai Villages
Keonekai Villages 14-206
$425K (FS)
This beautiful, well priced 2 bed 1 bath unit enjoys an eastern exposure keeping it cool in Maui's tropical afternoons. With granite countertops, laminate, tile & carpet floors this unit is move in ready. 
Kai Makani N-102
$825K (FS)
Desirable ground floor 2 bedroom 2 bath unit in the Kai Makani complex, located directly across the street from 5 miles of sandy beach. On site amenities include a massive lap pool, jacuzzi, two bbq areas, air conditioned gym, all on 9.8 acres of meticulously landscaped grounds.
Vacant Land
121 Kulamanu Circle
$485K (FS)
Exalting bicoastal ocean and mountain views will capture your attention as you gaze into the horizon. Build your dream home in the fabulous Ridge at Kulamanu community. Nestled in a quiet and friendly neighborhood, this location offers privacy and convenience. 
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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