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 984 January 11th, 2022
 
 

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 

Price Reductions 

Short Sales
Homes 

Condos 
Land 
New Properties

Price Reductions  


Makena Luxury Estate

 26 Uale 

26 Ualei Place
Makena

$16.2M (FS)

 

IMG_0454

    

Aloha,

2021 was truly a remarkable year for real estate in Hawaii. This end of year snapshot provided by Fidelity National Title & Escrow illustrates, in every color of the rainbow, just how amazing and productive 2021 was for the Maui real estate market in particular. Record high median home and condo prices and total dollar volume home, condo and land sales soared to never before seen heights. Check out these year-end numbers for yourself by accessing this informative and detailed 2021 summary report. Here's to making 2022 an even more prosperous year!

Mahalo Nui Loa,


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

The Smith Team

 

P.S. The mandatory 10-day quarantine for visiting travelers to Hawaii has been reduced to 5 days to reflect the current CDC guidelines. Travelers who are either fully vaccinated or have a pre-flight negative Covid test are exempt from quarantine. For more information check out this article here.
 

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Market Watch
 
Active
Pending
Sold
Change
Homes
174 (149)
194 (100)
1383 (682)
-4
Condos
140 (62)
338 (137)
2328 (582)
+1
Land
120 (47)
 54 (16)
406 (113)
0
Total
434 (258)
586 (253)
4117 (1377)
-11
 
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

 1441 
1441 Front Street
Lahaina

$3.5M (FS)
Stunning ocean front property with adjacent parcel, 1449 Front St, Lahaina, HI 96761, consisting of approx 4,129 square feet of vacant land.
 
 Kula 
3014 Kekaulike Avenue
Kula

$2.495M (FS)
Unique property with 4 permitted buildings. This is not your typical house and ohana setup. This property has two full-sized homes and 2 accessory dwellings. Located in upper Kula, the home sits above Kekaulike Ave in a beautiful park-like setting with lots of fruit trees. There are beautiful panoramic ocean and mountain views from this property! Please call your favorite realtor today for an appointment.
 
27
27 Lanipo Place
Kahului

$1.199M
 (FS)
Wonderful home located at the end of Lanipo Place at The Island at Maui Lani. You will love this home for it's floor plan and huge ground floor main bedroom and central air. This gated community has convenience and beauty  with its lovely walking paths to shopping, medical facilities, parks, drugstores and groceries.

Homes Under $1M

65 2
65 W Makaukau Loop
Wailuku

$999.995K (FS)
The lovely 4b/3b Waikapu Gardens home has stunning Brazilian Teak flooring, Hunter Douglas Plantation Shutters, and central air conditioning upstairs. No expense was spared in this wonderful home. The living area opens up to a charming outdoor lanai and fully fenced yard that is perfect for creating an outdoor entertaining space.

Customer Listing Synopsis

Video Tour
 8 
8 Poalima Place
Makawao

$795K (FS)
The 2b/2b home has a loft that could possibly be converted into a third bedroom! Well-lit and ventilated, the roomy, carpeted loft also has a ceiling fan and air conditioner wall unit. Downstairs bedrooms and living room have ceiling fans, too. Cute work-efficient kitchen and dining area located alongside living room. In addition, there’s a full bath located in the large workroom next to the carport. Room to garden.
585 Haawina Street
Paia

$699K (FS)
Located in an established community just minutes from the iconic town of Paia, this cozy, comfy and well-loved home awaits its new owner. Established fruit trees, a large back yard and 3 split AC units, keep this home cool 365 days of the year. Modest renovations have been done in the past with no shortage of care displayed. This home is being sold AS IS with the possibility of personal property remaining on site.

Vacation Condos Over $1M

Andaz2
Andaz Residences #E-4
Wailea

$11.9M
 (FS)
The Andaz Residences Maui offer unparalleled luxury and views. Situated on the grounds of the Andaz Hotel, you have all the privacy of your own oceanfront home, with all the benefits of hotel amenities. Star gaze from the hot tub on your lanai! Owners at the Andaz have a dedicated poolside cabana when they are on property, and two covered parking spaces. Unit E4 is beautifully custom decorated, and exquisitely furnished with a modern flare.
 
815
Mana Kai #815
Kihei

$2.15M (FS)
Mana Kai 815 is a beautiful and quiet end unit. This two bedroom unit features the ability to lock off between Suite A & Suite B, allowing for more versatility. You have spectacular ocean and mountain views from both suites and are well situated to whale watch and take in the sunsets from the lanai.The unit was extensively remodeled in 2011 and has been well taken care of and is being sold turnkey.
 
37C
Wailea Ekahi I #37-C
Wailea

$1,999,999 (FS)
This beautiful ground floor 1b/2b unit, comes fully furnished and offers 2 private covered Lanais. Inside, you will find a renovated kitchen including granite countertops, wood cabinets, tile backsplash, a new tile floor and fully painted in 2019. You can enjoy the cool breeze of a mini-split AC system. The bedroom is equipped with an in-suite bath and its own private Lanai.
 

Vacation Condos Under $1M

211 2
Polynesian Shores #211
Napili

$935K (FS)
This is one of only two 2-bedroom oceanfront, oceanview condos listed for under $1,000,000 FS on Maui as of 1/8/2022. And, notably, Polynesian Shores features oceanfront living with no beach erosion or seawall maintenance issues. The top corner end unit location features additional light and oceanviews from the living room and kitchen. The unit was partially remodeled in 2020 and is being sold turn-key ready with all furnishings included.
 
109-parkshore
Maui Parkshore #109
Kihei

$900K (FS)
Enjoy easy access and ocean views in this fantastic, first floor, vacation rental condo in the heart of desirable South Kihei. Easy-care tile flooring throughout this 890sqft, 2b/2bunit. Step outside the upgraded, energy efficient (double pane/tinted), sliding glass doors to a spacious lanai, perfect for sunset and seasonal whale watching. The lanai is located just across the sidewalk from the swimming pool, gazebo and barbeque areas. It's an easy walk to Kamaole Beach III.

Customer Listing Synopsis
204 b
Hololani #B-204
Kahana

$895K (FS)
Two ocean front bedrooms and an oceanfront lanai and living room. Incredible opportunity to be at water's edge in Kahana. Hololani is a lovely, well-kept resort complex. With views of Molokai, sunset, whale watching in season and an ocean front pool. New appliances and window treatment in early 2021. Sold furnished and part of a busy rental market program. The maintenance fees include electricity.

 
3304
Kamaole Sands #3-304
Kihei

$799K (FS)
Unit 3-304 is your opportunity to acquire a well maintained, single level 1b/2b with an ocean view. The extra-large, 166 sf covered lanai is a natural extension of the living space. There is a lockable storage closet for all your beach toys. The plain & clean interior offers you the opportunity to personalize the space to your taste. A beloved winter get-away used for family vacations and never rented under current ownership. Sold furnished, with inventory, “As is”.
 
118-2
Napili Sunset #118
Napili

$725K (FS)
A rare opportunity to own ocean-front at Napili Sunset. Enjoy watching sunsets and whales breaching from the lanai of this ground floor condominium. A private lawn is just off the lanai with chaise longes for relaxing and a BBQ area for your use. Just a few more steps to the beach. This 1b/1b unit is well maintained and currently in the on-site rental program. Fully furnished with a Hawaiiana decor and equipped with everything you need.

Customer Listing Synopsis
102-b
Maui Sunset #B-102
Kihei

$679K (FS)
This remodeled 1b/1b ground floor Maui Sunset unit allows strolling out your door to the pool, ocean, grills, or socializing with friends. Ideal for families who can let the kids run the grounds straight from the back porch.B-102 has an open floor plan kitchen and a clean, inviting atmosphere.This unit has a sleeping capacity of up to 5 people (the bedroom has a queen-sized bed, the living room offers a pull-out sleeper sofa, and there is a murphy twin bed).

Customer Listing Synopsis

Video Tour

Residential Condos Over $1M

Kapalua Ironwoods #12
Kapalua

$3.495M (FS)
This coveted location hasn't been offered for over thirty years. Consisting of approximately 2,113 sqft. of interior space, a ground floor location with marble floors throughout, 2b/3b and an additional study that has many options for use. A separate 1-car garage structure with storage is also included. The magnificent views of the Pacific Ocean, westerly sunsets, the island of Moloka'i and the world-class Kapalua Bay golf course are picture perfect. This unit is being sold unfurnished and "as is".
 

Residential Condos Under $1M

Kai Makani Beach Villas #V-202
Kihei

$799K (FS)
Welcome to Kai Makani Beach Villas building 43 unit 202, situated across the street from Windsurfer's Beach. This second floor 2b/2b, pet friendly condo is tucked conveniently at the top of the landing. With its cathedral ceilings, the condo feels spacious and inviting. It has stainless steel appliances, granite counter countertops, new luxury vinyl flooring, new fresh paint, and central AC. It also features 2 parking spaces and comes partially furnished, helping to make it more move-in ready.
 
4-305
Hale Kanani #4-305
Kihei

$769.5K (FS)
This clean and simple, pet-friendly Located on the top floor of a quiet 3-story building, this clean adn simple 3b/2b, 1,059 sq. ft. corner unit presents a breezy open floor plan with attractive hardwood floors throughout much of the main interior. The entryway has a cool, tiled floor for easy clean-up. The open kitchen, which features newer cabinets with energy-efficient underlighting. Near the renouwed surf at The Cove beach and pet-friendly, this unit offers comfort and conveinence.
 
4-204
Iao Parkside I #4-204
Wailuku

$477K (FS)
Decorated with a modern loft style flair, this 2b/2b, 2nd level unit features a completely remodeled kitchen with ceiling high cabinets, new appliances, and granite countertops. This unit has new upgraded vinyl double pane windows, a new high efficiency split AC system with units in the master bedroom and living room, plus new insulation in the attic. Enjoy sunrise colors and ocean and mountain views from the lanai. Sold furnished.
 
 
Vacant Land
 
0 Makena Road
Makena

$4.4M (FS)
Water meter has been approved by the County of Maui Department of Water. A total of  8.24 acres with 2 separate land grants on a cinder cone name Puukanaloa. Conservation with modest agriculture zoning. Commanding views of entire region with great privacy and in close proximity to La Persouse Bay marine preserve and upscale Makena and Kihei resorts. Properties are partially zoned conservation.
 
 
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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