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 1002 May 17th, 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 (4)
Condos (1)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 



7750 Makena Road
$26M (FS)

Are Hawaii’s Building Regulations Counterproductive?

According to a recent brief put out by the University of Hawaii Economic Research Organization (UHERO), Hawaii is the most heavily regulated state in the nation when it comes to home building. This statement is based on data compiled using tools from an index called, the Wharton Residential Land Use Regulatory Index. Information is compiled from surveys that ask public officials to measure the stringency of local home building regulations. 

According to an article in the Hawaii Business Journal, “Hawaiʻi County has the biggest regulatory burden among all counties measured nationwide, followed by four California counties; Maui County is No. 6, Kaua‘i 9 and Honolulu 11.” Furthermore, land prices are already high and developers and builders face delays in issuing building permits that are three times longer than the sample average referenced by the HBJ article. 

Overall regulatory strictness in Hawaii may be the norm, but perhaps should be questioned. Although some regulations are undoubtedly in the public’s best interest, the cost of these delays, as felt by local communities with immediate housing needs, might suggest otherwise.

While these results may not be surprising, they do beg the question: What can be done to create a more favorable climate for addressing issues like Hawaii’s housing shortage and the necessary infrastructure to responsibly address it. If a disproportionate burden of red tape exists for local developers and builders, are we not unfairly tying the hands of those who, quite literally, possess the tools to help build a solution or at least move us in the right direction?

Mahalo Nui Loa,

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

The Smith Team


P.S. The Best Western Pioneer Inn in Lahaina is one of Hawaiʻi’s oldest hotels and home to Papaʻaina restaurant which spins local flavors and ingredients into amazingly fresh farm-to-table creations. You can read more about it here.

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Market Watch
192 (156)
194 (113)
1294 (704)
156 (81)
324 (156)
2176 (606)
109 (55)
 50 (12)
339 (106)
457 (292)
568 (281)
3809 (1416)
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

 312 HIOLANI St 
312 Hiolani Street
$1.325M (FS)
Private home offers 3 levels of living space. Enter through the front door into the open concept floor plan that seamlessly flows from the spacious living room into the full kitchen with it's large countertops that make it perfect for entertaining.
60 E Huapala Pl
60 East Huapala Place

$1.695M (FS)
Fresh Air, Stargazing, Love and Romance, Quiet Spaces, Honest Folks, Life is Good. Reads the sign at the entrance to this property and it's hard to beat this encapsulation of life at Hulukea farm. Befitting its Hawaiian name, everything at Hulukea is feather-like in its gentle connection with the land. 
71 Hoohale St
71 Hoohale Street

$1.965M (FS)
Bank Owned. This single level home has a great floor plan featuring 4 bedrooms and 2.5 bathrooms. It also features high ceilings, open kitchen, spacious patio, built-in bbq area and 2 car garage. 
641 Luahoana Place

$3.4M (FS)
Savor beautiful ocean views from this custom single-level home with 5 bedrooms on over 2 acres of beautifully landscaped land. Enjoy the peace and quiet of country living while still being conveniently located just minutes away from Central Maui's business and medical centers. 
4933 Kahekili Hwy4933 Kahekili Highway

$4.995M (FS)
Up on a bluff a half mile from the ocean, “Hale Wainui” has panoramic 260-degree views of the ocean from Molokai to Haleakala with the emerald green West Maui Mountains as a backdrop to this mostly flat 51-acre estate. Words and pictures barely do justice when it comes to this private paradise.

Homes Under $1M

365 Kapanui Pl
365 Kapanui Place
$749K (FS)
Endless possibilities with this original family home in the heart of old Wailuku town built in 1954. Huge lot 10942 SF at the end of a cul-de-sac with 3/1 main home and 1/1 studio in the back. Outdoor laundry room, rear lanai and one car carport. Additional parking is available on the side driveway.
3050 Lower
3050 Lower Kula Road

$795K (FS)
Enjoy the fresh mountain air, wide open spaces, moon and stars at night, and country living in the refreshing climate lower Kula has to offer. Relish up country double rainbows, lush foliage, and yet easy to reach shopping, golf, restaurants, and world famous beaches for sunning, surfing, or windsurfing.
294 Kawailani
294 Kawailani Circle

$880K (FS)
Conveniently located close to Safeway and Azeka Shopping Centers, restaurants, numerous amenities, transportation, and schools. Single level living opportunity with two bedrooms, two bathrooms, and a low maintenance yard.
571 Maalo
571 Maalo Street

$925K (FS)
House and cottage with convenient location to shopping areas, financial institutions, medical facilities, schools and parks. This 3 bedroom 1 bath house is ready to move in. 

Vacation Condos Over $1M

Palms at Wailea
Palms at Wailea 1902

$1.375M (FS)
Spacious and well maintained second-floor unit with 2 bedrooms, 2 full bathrooms and 1,194 square feet of living area. End unit with windows on all sides offered turn-key fully furnished and well appointed for great guest experiences. 
Makani Sands
Makani Sands 304

$1.695M (FS)
An extremely rare 3 bed, 2.5 bath unit with spectacular ocean, Molokai and Lanai views. This is the perfect canvas with the layout, the space, the location and opportunity to make this oceanfront sanctuary your own. 

Customer Listing Synopsis

Video/Virtual Tour

Puamana 57-2

$2.88M (FS)

Feels like a home but enjoy the carefree lifestyle of a condo. Everyone loves the oceanfront gated community of Puamana but only a handful of units have garages and extra storage. Grab a board and head for the ocean as Puamana is located on a seasonal sandy beach with three surf spots out front.

Customer Listing Synopsis

Video/Virtual Tour

Puamana 136-2

$5.995M (FS)
Spectacular oceanfront 4 bedroom 4 bath in a great location close to beach access and all the amenities of Puamana. This is Maui oceanfront living at its best on the sunshine coast of Lahaina. Relax on your lanai or private upstairs deck enjoying the sound of the surf while watching surfers, whales, turtles, sailboats, and spectacular sunsets. 

Vacation Condos Under $1M

Aina - Nalu B101

$800K (FS)
A beautiful pavilion club house with gathering area & big screen TV and BBQ's for your enjoyment. 2 large bedrooms and 2 modernized bathrooms. The condo is sold fully furnished boasting American Cherry cabinetry, granite counters, carpeting and stone flooring in the bathroom & showers, a locking owners closet and stack washer/dryer.
Kahana Villa
Kahana Villa E-114

$825K (FS)
This unit has the feel of a home near the beach rather than a condominium. Extra windows bring in the afternoon tradewinds for natural air conditioning. Kitchen, dining area, and living area are on the main level with two bedrooms and 2 baths upstairs.

Customer Listing Synopsis

HololaniHololani B-504

$995K (FS)

Desirable end unit. 2 bed, 2 bath, furnished, with point blank views of ocean, Molokai and Lanai, whales and turtles. Two lanais, with good setback from other units. No noisy window or vents to outside walkway quiet except for surf.  All on one level, sizable owners closets, quality tile floor, pet friendly.

Customer Listing Synopsis

Video/Virtual Tour

Residential Condos Over $1M

Opukea at Lahaina
Opukea at Lahaina
$1.3M (FS)
The open great room creates a perfect space for entertaining, while the walk-in shower and jacuzzi spa of the master bath create a true feeling of escape in a West Maui retreat. Enjoy the elevated seclusion on the dual covered lanais with expansive island views overlooking lush, tropical-garden landscaping.
Hokulani Golf VillasHokulani Golf Villas 28
$2.275M (FS)
Amazing opportunity to own a stunning home in this exclusive gated community in beautiful South Maui. Enjoy the breathtaking views of the ocean and 18th fairway of the Elleair Maui Golf Course from this single story, move-in ready home with it's large open concept floor plan.

Customer Listing Synopsis

Residential Condos Under $1M

 Harbor Lights 2  Harbor Lights D-325

$210K (FS)
Affordable 2 bedroom, 1.5 bath unit with partial ocean and mountain views. Close to shopping, schools, and parks.  

Customer Listing Synopsis

Maui Lani Terraces
Maui Lani Terraces F-206

$425K (FS)
Highly upgraded 1 bedroom condominium close to the beach, shopping and restaurants. Freshly painted, upgraded flooring, appliances, windows, cabinets and fixtures, a pleasure to show, you will not be disappointed.

Customer Listing Synopsis

Southpointe at Waiakoa
Southpointe at Waiakoa 23-202

$575K (FS)
A well maintained 2 bedroom, 1.5 bath condo with a private lanai located on the second floor. Remodeled in 2017 included new stove, refrigerator, flooring, paint, window A/C, toilets, and refinished tub. Southpointe at Waiakoa is a pet friendly complex and offers a BBQ and recreational area, playground and visitor parking.

Customer Listing Synopsis

Villas at Kahana Ridge
Villas at Kahana Ridge 235

$750K (FS)
Palm tree lined streets lead you to this well-maintained condo with Pacific Ocean and neighbor island views. Surrounded by tropical landscaping, this three bedroom, two bathroom, two-story condo boasts extra space with a loft (currently used as a fourth bedroom). This condo's prime location with covered outdoor space is near fantastic restaurants, shops, golf, and water sports.

Vacant Land

1353 Old Waikapu 1353 Old Waikapu Road
$412K (FS)

On a quiet and tranquil street, nestled above Waikapu, this level lot with its beautiful West Maui Mountain views awaits your Maui dream home. Just 5 minutes from Wailuku amenities, including schools, shopping, government offices and health care facilities, it is convenience coupled with serenity.

Customer Listing Synopsis

1740 Kokomo Rd
1740 Kokomo Road Lot B
$649K (FS)
Magical opportunity to own land on Maui at an affordable price in one of the best locations in Haiku. Conveniently located across from Giggle Hill, one of the best surf spots in the world.The sale of the land will include an adorable Tiny home on wheels, with solar and it's own septic, no warranties. 
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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