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 959 July 20th, 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 (1)
Condos

Land
New Properties 
(0)
Price Reduction (0)

Short Sales
Homes 

Condos 
Land (1)
New Properties (0)
Price Reductions (0)


The Ultimate Lifestyle

Kaimanu

120 Kaimanu Place
Kihei
$19.888M (FS)

Customer Listing Synopsis

 

1st Time Homeowner's Down Payment Assistance Program

 
Last month, the median sales price of a single-family home soared over $1.1M.  It makes homeownership harder to reach for some of our local residents.  Today, people rallied in front of the county building and along Kaahumanu Avenue in Kahului asking Maui County for more affordable housing solutions.  The Maui County Council's Affordable Housing Committee heard a plan to create 5,000 affordable homes for Maui County residents in the next 5 years.  More affordable housing would greatly help the local residents here in Maui.

The Housing Division of Maui County is preparing to open up the First Time Home Buyers Down Payment Assistance Program again within the next few weeks.  Applicants are selected through a lottery drawing process. To be entered into the lottery, they will need to complete an online application, meet all eligibility requirements, and submit a mortgage pre-approval letter from a lender who is authorized to do business in the State of Hawaii.  We helped a family make their dreams come true of homeownership earlier this year by using this program.  Click here for more information.

Mahalo Nui Loa,

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

The Smith Team


P.S. I took my girls to the Maui Tropical Plantation last weekend and it was so much fun.  They fed the ducks in the pond next to Cafe O Lei at the Mill House.  The Tropical Express tram tour (40-minutes) is now open.  There is also a newly renovated Country Market that sells produce from Kumu Farms and Maui Oma Coffee Roasting.  You can pick up duck food from the Country Market.  The next time I go, I definitely want to try out ZipLining.
 

Follow Us
Market Watch
 
Active
Pending
Sold
Change
Homes
208 (160)
252 (112)
1310 (553)
-3
Condos
145 (49)
392 (138)
2065 (498)
-13
Land
169 (74)
 70 (27)
384 (82)
-4
Total
522 (283)
714 (277)
3759 (1133)
-20
 
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

451 Kaiolohia St
451 Kaiolohia Street
Kihei

$1.05M (FS)
The main house is a 3 bed 3 bath home and is located in the front of the property on the second level. High ceilings make this home spacious and the central AC keeps you cool all year long. The home has had many upgrades in the past 2-8 years.
505 Polulani Dr
505 Polulani Drive
Wailuku
$1.3M (FS)
This charming, first time on the market property located nearly at the top of Polulani Drive in the desirable Wailuku Heights neighborhood. Located at a higher elevation, this custom designed 4 Bedroom, 3 Bathroom home offers cooler temperatures, a flexible floor plan, and sweeping Ocean and Mountain views from most of the rooms.
 
1860 Haiku
1860 Haiku Road
Haiku
$1.75M (FS)
This Estate consists of two- 3 bedroom 2 bath homes and a 390 SF cabana/maids quarters with a bedroom & bath and in-ground swimming pool. Upgrades and additions were made throughout the years includes plumbing & electric. The wall of living room glass doors opens to the swimming pool & deck. Perfect for entertaining or just relaxing as you enjoy the expansive ocean views.
 
opa
4425 Opana Place 
Haiku
$1.765M (FS)
Beautiful 2-acre property conveniently located minutes from both Central and Upcountry Maui. Enjoy expansive ocean and mountain views from main house and cottage PLUS legendary surf spot "JAWS" can be seen and heard from property. 
 
128 Makahiki St
128 Makahiki Street
Spreckelsville
$4.8M (FS)
In the center of the maturely landscaped two acres sits a well-appointed four bedroom single level home excellently executed by one of our premier builders of Hawaii. As you enter the entry you will first experience the warmth of the Brazilian cherry wood floor balanced with high ceilings and central AC. 
 

Homes Under $1M

359 Kanaloa Ave
359 Kanaloa Avenue
Kahului
$599K (FS)
The perfect opportunity awaits for you to build your dream home on an oversized lot in a mature neighborhood. Build up and maximize your ocean and mountain views in this central location conveniently close to beaches, golfing, shops, theaters, Iao Valley, and much more.
 
450 Liholiho Street
Wailuku
$749K (FS)
Fabulous View of Haleakala, North Coastline and Kahului Harbor. Convenient Centrally located residential family home, close to shopping, business centers, restaurants, recreation centers.
 
100 Alahele Pl
100 Alahele Place
Kihei

$850K (FS)
This single family home is a must see with many upgrades all around. The upstairs is a 2 bed 2 bath, downstairs is a 3 bed 1 bath. The home is well maintained with A/C units throughout the upstairs and a split AC system downstairs with ceiling fans keep the home nice and cool.
 
230 Keala Place
230 Keala Place
Kihei

$999K (FS)
Enjoy paradise at your doorstep. Nestle on a quiet cul-de-sac in Keala Hill in the heart of Kihei. Stunning and sophisticated home that boasts ocean views, remodeled kitchen, and unririvaled proximity to all that South Maui has to offer.

Vacation Condos Over $1M

Palms at Wailea
        Palms at Wailea 2305
Wailea
$1.195M (FS)
This newly remodeled condominium includes a new kitchen design, new kitchen windows, new living room and bedroom sliding glass doors, remodeled bathrooms, new Air Conditioning units in both living room and bedroom, furnished with custom ordered furnishings and wall hangings. 
 
Mana Kai
Mana Kai 307
Kihei
$1.799M 
(FS)
Stunning ocean view, this 2 bedroom, 2 bath condo will steal your heart. Unit 307 is a premier "Alii" unit remodeled in 2016 incorporating high end finishes with an elegant island style. Featuring bamboo cabinetry, quartz countertops, glass backsplash, stainless steel appliances, plantation beige tile, beautifully upgraded bathrooms and a split system A/C that was installed in 2019. 
 
Q
Kaanapali Alii 205
Kaanapali
$2.795M
 (FS)
Enjoy the full Kaanapali Beach experience in this luxury 2 bedroom/2 bath large corner suite. Ocean views from the living area, master bedroom and lanai to experience the beautiful sunsets that Maui has to offer. Enjoy the ambiance of the lit tiki torches in the evening looking through the inner courtyard. 
 
Puamana
Puamana 128-1
Lahaina
$3.8M
 (FS)
Direct oceanfront custom built single level town home with vaulted ceilings, expansive open floor plan, oceanfront office, large walk-in master bedroom closet, motorized skylights and spectacular oceanfront vistas.Puamana is a beautiful tropical oasis, the perfect blend of residential and resort living with 30 acres of flowers.
 

Vacation Condos Under $1M

Hono Kai
Hono Kai B-10
Maalaea

$355K (FS)
Pride in ownership is evident in this beautifully upgraded condo. The bright and open living space opens to a private lanai with a partial ocean view. It is the perfect spot to enjoy the ocean breeze while enjoying breakfast, lunch, and dinner while watching sunrises and sunsets. 
 
     kl     
Kahana Villa A-15
Kahana

$695K (FS)
This spacious 2-bedroom and 1.5-bathroom also features a bonus office and is perfect for full-time living or vacation rentals. This condo is located in the heart of Kahana, across the street from the ocean, close to shops and dining at Kahana Gateway. Situated between Kapalua Bay to the north and Kaanapali Beach to the south, both voted best beaches in the world.
 
Maui Kamaole
Maui Kamaole D-103
Kihei
$750K (FS)
Enjoy single level living with no stairs in this ground floor apartment. Bedroom, dining and living room areas have cozy carpet and cool tile reigns in the rest of home. Dream unit D103 has two outdoor spaces. A covered patio that shares a green common area off the living room and a private yard off the master bedroom.
Kahana Sunset
Kahana Sunset E-4
Kahana

$795K (FS)
The 2 story unit has its own laundry equipment, full kitchen amenities, and a separate owner's storage locker. Large patios on both levels provide even more area for activities in Maui’s prime weather. Grills are also located on-site by both the pool and the Keonenui multi-purpose room overlooking the ocean.
 

Residential Condos Over $1M

Kanani Wailea
Kanani Wailea 7
Wailea
$1.675M
 (FS)
 
Kanani Wailea is a residential condo development with 38 free standing homes. Single level living with four bedroom, four and one-half bath. All the bedrooms are en-suite with the fourth bedroom separate and perfect for guests or a private office. Beautiful, private setting with lush landscape. The gourmet kitchen features granite counter tops, the finest appliances and beautiful wood floors.
 

Residential Condos Under $1M

      Kihei Shores   
Kihei Shores C-001
Kihei

$389K (FS)
Enjoy two full bedrooms and two full baths and a pool in the complex. Also comes with two parking stalls! Kihei Shores is located across the street from Kamaole Beach Park III and is in close proximity to the World Class Resorts of Wailea.
 
Iao Parkside
Iao Parkside 18-203
Wailuku

$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.
 
Maalaea Mermaid
Maalaea Mermaid 315
Maalaea

$409K (FS)
This two level, one bedroom, one and a half bath condo at Ma’alaea Mermaid features granite counter tops and two separate lanai areas to take in the Harbor and West Maui Mountain Views. It is a short walk to restaurants, sunset cruises, the aquarium and the beach at Haycraft Park.

Vacant Land
 
121 Kulamanu Circle
Kula
$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
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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