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 974 November 2nd, 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 
(1)  
Land
New Properties 

Price Reduction

Short Sales
Homes

Condos 
Land 
New Properties 
Price Reductions  

 
  Exclusive Oceanfront 

 bea 3 

4851 Lower Honoapiilani Road
Kahana
$19.5M (FS)

  
Welcoming Tourists Back to Hawaii

 

Welcome back tourists to the State of Hawaii!  
 

After Governor Ige asked visitors to stay at home in August, statewide visitor arrivals plunged by 30% last month. September and October are normally slower times for travelers to Hawaii, but the accommodations industry certainly felt the effects. I remember walking into my office at the Wailea Beach Villas earlier last month and asking the front desk manager what the occupancy rate was that day. She told me they were down to 40% occupancy.

 

On October 19th, Governor Ige officially announced the welcoming back of fully vaccinated tourists starting November 1st (yesterday). According to John De Fries, the president and CEO of the Hawaii Tourism Industry, he anticipates the restrictions on gathering, indoor gatherings, outdoor gatherings to also be relaxed.

 

We are looking forward to a busier holiday season starting later this month.
 

Mahalo Nui Loa,

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

The Smith Team


P.S. Check out the new Hawaii Wildlife Discovery Center that is now open at Whaler's Village. It has more than 30 exhibits about Hawaii's sea life, whaling era, cultural values, and etc.
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Market Watch
 
Active
Pending
Sold
Change
Homes
176 (147)
221 (103)
1371 (646)
-3
Condos
135 (42)
330 (136)
2294 (563)
-8
Land
138 (49)
 65 (25)
402 (95)
-2
Total
449 (238)
616 (264)
4067 (1304)
-13
 
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

289 Lakau Pl
289 Lakau Place
Kihei

$1.1M (FS)
This rectangular level 8,020sf lot has an updated and remodeled two story home that features 3 bedrooms and 2 baths upstairs with a large attic and covered deck as well as an attached ohana downstairs with 1 bed, 1 bath that opens up to a covered lanai. There is also a 2 car garage.
 
 170 Mehani Cir (2) 
170 Mehani Circle
Kihei
$1.135M (FS)
This beautifully remodeled home has a spacious flowing floor plan with vaulted ceilings. Vinyl wood plank flooring for low maintenance, double pane windows (2018) for increased energy efficiency, stainless steel appliances and granite countertops as some of the features that set this home apart from the rest. 
59 Ululani St
59 Ululani Street
Kula
$1.395M (FS)
Fantastic Kula Nani home is now available. Great condition 2 bedroom one set up as office, 2 bath home. Amazing potential views. Lots of options and potential on this property for future expansion and potential to build out cottage. 
 
3042 Alaneo Pl
3042 Alaneo Place
Wailuku
$1.65M (FS)
This 3 bedroom, 3 bathroom classic main home has been beautifully remodeled and lives like a dream. Enjoy the chef's kitchen with custom African Mahogany cabinets, SubZero refrigerator, Wolf oven and cooktop, wine fridge, and Bosch dishwasher. 
 
halama
1816 Halama Street
Kihei
$5.4M (FS)
This home has a big upside potential with pending Maui County building permits to add a new 2 car garage and approximately 1153 sq ft of living space above with ocean and mountain views. 
 

Homes Under $1M

547 Kea St
547 Kea Street
Kahului

$610K (FS)
In the midst of "Dream City's, 6th Increment". 3 bedroom, 1 bath, 2 car carport. Up the street from Kaahumanu Shopping Center, round the block from Lihikai Elementary. You will need to refresh the house and purchase your own appliances.
 

 
44 Iao Loop
Wailuku

$779K (FS)
Make this single-family house of Wailuku Parkside community your home. The backyard is enclosed with a rock wall, which offers a sense of added security and privacy. Enjoy outdoor gatherings on the large lanai.
 
125 Haele Pl
125 Haele Place
Makawao
$925K (FS)
You have arrived at the sweet spot of Maui Uplands subdivision. This half acre home sits above the Kailua Gulch with the sounds of only the wind in the trees and the birds that inhabit them. No disturbance of traffic noise or loud sounds, just an easily attainable seclusion.
 
 

Vacation Condos Over $1M

Kamaole Sands
Kamaole Sands 4-403
Kihei
$1.15M
 (FS)
This top floor two bedroom two bathroom unit offers beautiful ocean views from the private and covered deck and Haleakala views from the lower bedroom. It’s been lovingly remodeled with an island kitchen featuring granite counter tops, hardwood cabinets and stainless steel appliances. 
 
Puamana
Puamana 62-4
Lahaina
$1.795M
 (FS)
A beautiful 3 bedroom, 2 bath Island home with direct ocean access. Hawaiian living awaits you and your family in this elevated corner location with spacious floor plan, tropical décor, comfortable furnishings and open beam ceilings. 
 
Honua Kai - Konea
Honua Kai - Konea NR451
Honokawai
$5.999M
 (FS)
Tommy Bahama furniture through-out the home gives it a distinct uniqueness from most other residences at the resort. Enjoy BBQing on your oversized lanai with your Viking grill. And if a more formal dinner is the desire of the day.
 

Vacation Condos Under $1M

Maui Vista
Maui Vista 2213
Kihei
$539.9K (FS)
Recently renovated Maui Vista 1 bed, 1 bath unit in building 2 set back from South Kihei Road, in turn key condition. Large 8.82 Acres complex with community BBQ area, 3 in-ground pools and 6 tennis courts and elevators. 
 
Shores of Maui
Shores of Maui 121
Kihei

$630K (FS)
Upgraded ocean front unit promising a life of leisure Live the ocean lifestyle most people only dare to dream of with this beautifully upgraded one bedroom, one bathroom unit. The layout has been expertly crafted to make the most of the captivating views with an open plan kitchen.
 
Kaanapali Plantation
Kaanapali Plantation 38
Kaanapali

$835K (FS)
Wonderful opportunity to own a single level upstairs 2 bedroom, 2 bath with ocean, mountain views from the lanai, island, and sunset views. #38 is generously sized with 1,152 square feet.
Maui Sunset
Maui Sunset A-201
Kihei
$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

Keala O Wailea 102-71
Wailea
$1.599M (FS)
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. 
 
hale
Na Hale O Makena E-301
Makena
$3.75M (FS)
Enjoy spectacular year-round sunsets from the lanai and the second floor as well as views of Kahoolawe, Molokini, Lanai, Maalaea and the West Maui Mountains. The entry foyer and rear bedroom provide impressive Haleakala views.
 

Residential Condos Under $1M

Harbor Lights D-318
Kahului
$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.
Hale Kanani 1-204
Kihei
$799K (FS)
This is a meticulously maintained 3 bedroom, 2 bathroom, fully furnished condo with ocean and sunset views from your living area and master bedroom. You can see the shore break at Cove Beach from your lanai. Grab your stand up paddle and hit the water or the beach.
 
Wailea Fairway Villas
Wailea Fairway Villas C-202
Wailea
$925K (FS)
Your piece of Wailea awaits. 2 bedrooms, 2 bathrooms upstairs updated villa. Oceanview. Furnished. Granite countertops. Murphy bed. New A/C in 2020. Too many quality touches to mention. Wailea Fairway Villas is a residential complex on 12 acres that also features a fitness room, pool and spa, kitchen, and BBQ area with stunning views.
 
 
Vacant Land
 
45 Ahinahina Place
Kula
$742K (FS)
Located in a quiet residential neighborhood of nice homes, this 2.23 acre lot has a large, level area for building a main home with ocean views, plus another smaller area at the northeast corner (with view of Iao Valley and West Maui Mountains) that would provide excellent privacy from the main home building site.
 
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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