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 1017 August 30th, 2022


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 (5)
Condos (2)
New Properties 
Price Reductions  

Short Sales
Homes (1)

New Properties

Price Reductions 


  feature 3  

892 South Kihei Road
$7.5M (FS)

Fractional and Second Home Ownership


Last week we wrote about second home ownership and alluded to the fact that for those who plan on using their home for only a few months a year, there may be a better way to go. Introducing Pacaso.


In Hawaii, Pacaso is selling only ¼ or ½ fractional shares. At the current time, there is only one offering available which is at Ho’olei. Click here for more details. A new home in Lanikeha in Kaanapali will be available shortly.


If you might be interested in a second home outside of Maui, browse Pacaso listings throughout the U.S. Mexico, Spain, and the United Kingdom.


If you think there is a possibility you might be interested in purchasing, please let us know, so that we may get credit for referring you to Pacaso.


One more thing, Pacaso is also interested in acquiring more luxury homes and condos and will often pay a premium to obtain a particularly desirable property. Please let us know if that would be an option you’d like to explore. You could still retain up to a 50% interest.


Any questions, please feel free to email us.


Have a wonderful week.


Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) and 
Rachel Smith Kofron R(S)

The Smith Team

P.S. We have heard from several vacation rental management companies that occupancy and rates are way up and even higher than Pre-Pandemic levels. Typically, there are shoulder months such as May, and September which are slower, but not this year with occupancy rates at 80% or higher. If you plan to visit Maui, be sure to make your reservations well in advance.
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Market Watch
265 (218)
134 (73)
1214 (678)
202 (103)
241 (129)
1843 (564)
113 (55)
 39 (11)
274 (90)
580 (376)
414 (213)
3331 (1332)
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 the number of active listings from the previous week.


Homes Over $1M

562 Kahako St
562 Kahako Street 
$1.1M (FS)
Perfect for extended family or as a rental property with multiple living opportunities. Property is being sold in "As-Is" condition. Property may have nonconforming improvements. Some uses and features of this property might be nonconforming with county records. 
127 Kamaiki Cir
127 Kamaiki Circle
$1.275M (FS)
This single family home offers Iao Valley views, a quite atmosphere, lots of outdoor space and is within minutes to shopping, dining, schools and golf activities. With all 5 bedrooms located on the 2nd floor, the entire ground level offers an extensive Indoor space for large gatherings and entertainment.
21 Ulana St
21 Ulana Street
$1.78M (FS)
Potential Short Sale. Charming House & Cottage perched atop Maui Uplands in Makawao with sweeping vistas out to the Ocean and Haleakala. The main home has fantastic view and a secluded swimming pool below. The main home has 2 living areas, that are very spacious with one side being single level and connecting through the laundry room.
7733 Kula Hwy
7733 Kula Highway

$2.34M (FS)
This beautifully designed home blends sleek and contemporary Prairie Style design with Hawaiian Plantation and elements from the architectural movements known as the Arts and Crafts and Craftsman styles. There is an emphasis on nature, craftsmanship, simplicity and interior efficiency.
3068 South Kihei Road

$6.85M (FS)
Truly unique modernized home with intimate atmosphere and impeccable design on the Makai side(Ocean side) of South Kihei Road. Perfectly nestled adjacent to the renowned Keawakapu Beach. Every detail well thought out in this uniquely customized home with dramatic Koa wood waterfall stairway, leading to the voluminous Ocean View great room.

Homes Under $1M

955 Lahui Street

$669.9K (FS)
Bank Owned. This two story house has recently been painted inside and out, and some other improvements inside make this home move-in ready. The home is vacant and easy to show, just call your agent and schedule an appointment.
 47 Kealaloa Ave 
47 Kealaloa Avenue

$719K (FS)
Step into the charm of this vintage 1938 home with large windows overlooking an inviting front yard surrounded by trees for privacy. Enjoy listening to birdsong as you wake in the mornings, gazing at stars at night, and viewing Haleakala when you stroll to your mailbox. This quiet but central location is close to Makawao town and local amenities. 
1605 Piihana Road

$798K (FS)
Great value, rarely available, lots of possibilities including Multi-Family. Sold together with next door/rear vacant lot 389 Neki Place. 15,700 SF is the total lot size for both, original owner. Gas stove/oven, Leased Photo-Voltaic with Sunrun. TMK info. does not match actual 6 bedrooms plus bonus room. 
440 Poheoheo Pl
440 Poheoheo Place

$839K (FS)
This charming single story home on over 8,300 sq.ft of leveled land. The entire roof was replaced in 2016, interior completely repainted the same week of listing date, and piping around the entire home has been upgraded from galvanized to copper just 3 years ago. 
51 Kealaloa
51 Kealaloa Avenue

$920K (FS)
This home has a beautiful large deck in front for lounging with friends and family or just watching the sun crest Haleakala in the morning. It also has a ramp for access up to the home. Inside the living space has two great areas for living and dining areas separated by the kitchen for the super open concept to keep an eye on everything. 

Vacation Condos Over $1M

Kaanapali Shores
Kaanapali Shores 616
$1.295M (FS)
This ocean view 2 bedroom 2 bath unit offers gorgeous views towards the Island of Molokai. Open full size kitchen with granite counter tops, tiled floors, custom wood cabinetry and ocean views from both bedrooms, living room, and kitchen. If you are looking for incredible value on Maui's West Side.

Customer Listing Synopsis

Video/Virtual Tour

Menehune Shores
Menehune Shores 419
$1.349M (FS)

Elegantly furnished. Beautifully laid tiles throughout the condo. Very popular and heavily booked vacation rental unit. Direct ocean beach view. Terrific location. Step out to a beautiful manicured lawn with an easy access to white sand beach. Menehune Shores offers all from beautiful oceanfront pool, to the roof-top patio with endless view in all directions.

Customer Listing Synopsis

Kapalua Golf Villas
Kapalua Golf Villas 25 P3-4

$1.75M (FS)
Upgraded 2 bedroom 2 bathroom Kapalua Golf Villa is located in Building 25. The home was repainted in latter 2021. The villa has fabulous views of the golf course and the ocean. The Kapalua Golf Villas are in the Kapalua Resort, close to great beaches, wonderful restaurants and world class golf courses. 
Kapalua Bay Villas
Kapalua Bay Villas 16-B2-4
$3.2M (FS)
Spectacular and rare single level 2 Bedroom, 3 Bathroom Kapalua Bay Villa. Rare opportunity to own a unit completely one level. Park in front of the unit and roll your luggage directly from the street right into the gorgeous bridge level condo where you will be gobsmacked by the panoramic ocean views that extend from Molokai to Honolua Bay.
Wailea Point
Wailea Point 904
$5.75M (FS)
The epitome of Wailea luxury. Is situated just above the shoreline overlooking Wailea Beach with whitewater views, the South Maui coastline, and the stunning West Maui Mountains. The best way to enjoy Wailea's sunny weather is with indoor-outdoor living and this unit has an excellent mix of the two. One of only 8 units with this amazing view from the upstairs.
Hoolei B-2
$6.25M (FS)
This 3 bedroom, 3.5 bath luxury villa is ideally positioned to offer 180-degree ocean views and year round sunset vistas. You simply cannot beat the lifestyle. Fleetwood glass doors magically retract into the wall to reveal and allow access to the upper lanai. Tasteful furniture and beautiful decor elements, create a warm and inviting environment.

Vacation Condos Under $1M

Kihei Kai
Kihei Kai 6
$649.9K (FS)
This charming one bedroom, one bath, vacation rental villa provides everything you need to enjoy the ultimate Maui lifestyle. Graced with faux wood flooring, split AC, and offered fully furnished. Savor the fun filled days on the miles of sandy beach and explore a bevy of water sports.
Kaanapali Shores
Kaanapali Shores 537

$749K (LH)
This fifth floor ocean view 2 bedroom 2 bath unit features an open full size kitchen with granite counter tops, custom wood cabinetry and ocean and courtyard views from the master bedroom, living room, and lanai. If you are looking for incredible value on Maui's West Side, chose the Aston Kaanapali Shores Resort. 
Kaanapali Shores 2
Kaanapali Shores 815

$760K (LH)
This condo unit offers breathtaking views of the pacific and stunning sunsets from two private lanais. This unit has had popcorn ceiling removed, freshly painted, ceiling fans, new carpet with memory foam pad, closet built-ins in both bedrooms and new shades throughout all rooms, all installed in 2022. 

Customer Listing Synopsis

Video/Virtual Tour

Maui Banyan
Maui Banyan G-306

$825K (FS)
Great 1 bedroom, 2 bathroom condo in the heart of Kihei within the Maui Banyan Resort.The double sliding door of the bedroom open up to the living area, creating a large, open living space. Located on the 3rd floor the unit features a spacious lanai great for outdoor dining and ocean views. 
Kamaole Sands
Kamaole Sands 8307

$885K (FS)
The large ocean & pastoral upcountry view lanai area is highly valued by the present owners as not all one bedroom units are afforded this amount of outdoor living space. The owners enjoy immaculate morning breakfasts & their evening ‘Happy Hours’ on this spacious lanai.
Kauhale Makai
Kauhale Makai 612

$999K (FS)
A beautiful Top floor condo in the Anthurium Building with expansive ocean and West Maui Mountains views. Pride of ownership abounds in this space, and it has been lovingly cared for. In 2020, both bathrooms were redone, and carpets replaced with tile flooring in both bedrooms for easy cleaning.

Residential Condos Over $1M

Kanani Wailea
Kanani Wailea 23
$1.899M (FS)
Kanani is a great fit for someone who is seeking the privacy of residential living with the ease of maintenance that comes with residential condominium ownership. Unit #23 at Kanani is situated with a lot of privacy, is nicely upgraded with vinyl plank flooring, and a timeless beach feel.
Kai Malu
Kai Malu 16-B
$2.195M (FS)
This spacious 3 bedroom, 2.5 bathroom Lewa floor plan townhome is in a quiet and convenient location in Wailea’s popular Kai Malu. Open concept design in the living, dining, and kitchen area, opens with pocket sliders to a large, covered lanai and private fenced backyard with lush, green lawn. 
Na Hale O Makena E-201
$2.85M (FS)
Units are very spacious and open with Ocean views from the living area, Lanai and Master suite. Has all the amenities you would expect like granite counters, top of the line appliances, travertine flooring and more. Being sold furnished. Each unit has one assigned covered parking stall with a storage locker plus an open parking stall unassigned.

Residential Condos Under $1M

  515 Liholiho
515 Liholiho Street 6
$300K (FS)
A stunning view of Haleakala and Fahului Harbor through a huge picture window. Interior has been renovated recently. Assigned parking stall with ample street parking. Close to beaches, shopping, and airport. Weather is beautiful and sunny all year. Bedroom catches the trade winds so it stays nice and cool inside. 

Customer Listing Synopsis


Kihei Shores
Kihei Shores I-002
$649.9K (FS)
A remodeled 3 bedroom condo, in a prime south Maui location, at this price. Tiled flooring, updated kitchen with granite countertops, newer cabinets, recessed lighting, stainless appliances as well as a beautiful new kitchen backsplash. 
Napili Villas
Napili Villas 11-4
$699K (FS)
This unit is vacant, clean and ready for move-in. The property boasts the larger 2 bedroom floor plan, front and back lanais, upgraded kitchen and master baths, on-demand hot water and abundant storage space.

Vacant Land

65 Uakoko
65 Uakoko Place 
$799.9K (FS)
Coveted 2 Acre vacant lot with water meter installed. Just a few minutes drive to the heart of Haiku or North Shore Maui, this vacant lot has Ocean views as well as West Maui Mountain and Haleakala Mountain views. Cleared and ready to build your dream home. Perfect for horses to call it home too. Approximately15 minutes from Costco and the airport, country life but close to town.

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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