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 1034 December 27th, 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 (1)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Resort Style
Ultra Private Estate

187 Kaluanui Road 
$7.595M (FS)

Hauʻoli Makahiki Hou!

Happy New Year!

Pukalani, Maui 2022

As 2022 nears its end, we reflect on the journey of the past year. It has been quite the ride,surfing the wave of a shifting market but we’ve enjoyed every bit! 


We are grateful for the opportunity to serve past and new clients in the purchase and sale of Maui Real Estate and look forward to continuing this tradition in the upcoming year. 


We wish you the very best in all your endeavors, health and happiness from our ohana to yours.

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. Want to bring in the New Year with a Bang? Check out the firework display at the Grand Wailea Beach & Resort.
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Market Watch
256 (218)
112 (69)
1037 (612)
213 (105)
186 (105)
1552 (502)
143 (74)
 32 (12)
245 (73)
612 (397)
330 (186)
2834 (1187)
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

37 Paalae Place
$1.75M (FS)
This move-in-ready, well-appointed and impeccably maintained home has a granite and stainless kitchen which, thanks to the open architecture, flows seamlessly to the dining and living areas, then out to the covered lanai.  
180 Makana Road 

$1.75M (FS)
This extraordinary and secluded yet close to town property features a 2 bedroom 2 bath home with vaulted ceilings and a contractor's dream. The blank canvas gives you ample space to expand the main home and even build a cottage. The property is located just minutes from Makawao Town and the Makawao Forest Reserve, and provides for easy access to Baldwin and Hookipa beach parks.
2967 Aina
2967 Aina Lani Drive
$1.85M (FS)
Welcome home to the jewel of the sought-after Residences at Kulamalu. The premium finishes on this gorgeous executive home includes Mahogany trim, granite countertops, reverse osmosis system to the kitchen sink and the ice maker, solid maple cabinetry, executive bar, custom ceiling in the upper gathering room.

Homes Under $1M

 296 Manini 
296 Manini Place

$649K (FS)
This lovely 2 bedroom 1 bath home has been renovated from top to bottom. Custom cabinetry and tile in the bathroom, new appliances and windows, and luxury vinyl flooring throughout the home make this bright and airy space a must see. 
460 S Papa
460 South Papa Avenue
$788K (FS)
The home is a fixer upper on approximately 10,400 sf lot. Good opportunity to add additional ADU units per county guidelines and add rental income. The owner is selling As-Is and will not make repairs or pay for survey/staking or inspections. Now vacant and easy to show. 
776 Kekona
776 Kekona Place
$899K (FS)
Experience easy upcountry Maui living in Makawao town! This property is located in the Kealaloa subdivision and consists of a 3 bedroom 2 bath main home plus a separate studio. Conveniently located up the street from the heart of Makawao town.

Vacation Condos Over $1M

Kamaole Sands
Kamaole Sands 4-411
$1.145M (FS)
Top floor, ocean view 2 bedroom 2 bath condo at Kamaole Sands. A diamond in the rough. Buyer may put their ideas into it. The condo has always had a beautiful ocean breeze and has never needed AC. You will feel it when you see the condo. 

Customer Listing Synopsis

Video/Virtual Tour

Kapalua Golf Villas 21T1-2

$1.4M (FS)
Beautifully upgraded street-level unit (one-step entry) in a prime location at the top of the Kapalua Golf Villas. Exceptional ocean and golf course views from the expansive lanai. New AC system, fresh paint, new carpet in the bedroom, new streaming TV, new hot water heater and new appliances.
 Mana Kai 
Mana Kai 403

$2.5M (FS)
Here's your chance to hear the sounds of the ocean. Snorkel, swim and paddle moments from your front door. The perfect place to immerse yourself with panorama views of Maui Sunsets, Kahoolawe, and Molokini. Enjoy watching humpback whales breaching right from the comfort of your private lanai. 
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

Royal Kahana
Royal Kahana 103

$545K (FS)
Imagine all the possibilities for this lovely first floor studio. Private, quiet, and convenient location on the north side of the building, away from the pool. Hotel-zoning provides an opportunity for the new owner to make this a vacation rental. Short-term nightly rentals are permitted. No need for elevators. 
Aina - Nalu A106
$729K (FS)
Here's your chance to own the only available unit Lower maintenance fees furnished and ready to go. In an epic location, only 2 blocks away from Lahaina's harbor and the plentiful shops and restaurants of Front Street. This unit is the perfect opportunity to generate great rental income and comes equipped with a full kitchen, washer/dryer, and one assigned parking stall.
Kihei Akahi
Kihei Akahi C-606
$808K (FS)
An amazing ocean view awaits you from this top floor 1 bedroom 1 bath vacation rentable unit. Watch the whales and take in beautiful sunsets. It's a rare opportunity to own a fabulous penthouse unit. A custom island kitchen with an undercounter subzero frig/freezer gives more cabinet and counter space. 

Residential Condos Over $1M

Paradise Ridge Estates
Paradise Ridge Estates 101
$1.499M (FS)
Golden sandy beaches and crystal blue waters await as you gaze upon majestic whales from your luxurious and exclusive estate. Delight in breathtaking ocean and mountain views as you enjoy the lovely waterfall-pool and hot tub complete with pavilion. 
Hokulani Golf Villas 149
$2.15M (FS)
Initial thoughts "Wow, clean, white, bright barely lived in with soaring 12 foot ceilings that provide lots of volume" "I like it!" and you too, will like this 2-story residence with the main living flow on one level; great room, kitchen, master bedroom, den over 1700 sq.ft. of living space and a convenient 2 bedroom 1 bath with den upstairs for an additional 750 sq.ft.
Hokulani Golf Villas
Hokulani Golf Villas 66
$2.5M (FS)
This amazing home with 180 degree views of Haleakala located on the 15th green of the Maui Nui Golf Course is located within the lush confines of the gated community of Hokulani Golf Villas.This is a prime example of what happens when a builder has a green light to build with passion and without a restricted budget.

Residential Condos Under $1M

  Hale Royale
Hale Royale E-202

$370K (FS)
This top floor unit was upgraded in 2021 with LVP flooring throughout the main living area. Hale Royale has plenty to offer including two pools, a hot tub, dry sauna, tennis courts and a communal library. The maintenance fees include water, sewer, trash, exterior maintenance, building insurance, an on site manager and reserves.

Customer Listing Synopsis

Kihei Villages
Kihei Villages 59-203
$499K (FS)
This upper level 2 bedrrom, 1.5 bath, with washer/dryer inside unit, in a fantastic location within the complex close to the Hwy and you don't have to bounce over a bunch of speedbumps. This unit has one deeded parking space conveniently located close to the front door and bonus ample visitor parking spaces very close by. 
Kehalani Gardens
Kehalani Gardens 102
$625K (FS)
There are so many delightful surprises in this lovely 2 storey townhouse in centrally located Kehalani Gardens. Filled with color and light, the owners have curated a selection of diverse materials including comfy cork floors, herringbone patterned tile in the foyer and kitchen, and American Clay plaster on some of the walls. 
Villas at Kahana Ridge
Villas at Kahana Rigde 531
$925K (FS)
This lovely three story townhome is situated amongst swaying palm trees, fragrant plumeria trees & floral mature landscapes throughout this 5 acre property with 117 units. Very private upper corner unit has your own staircase leading to front deck & door entrance. Your fabulous three-bedroom, two-bath with large loft, has an exceptional floor plan & Cathedral ceilings. 

Vacant Land

306 Aalii Way

$650k (FS)
Paradise Found is this 13,718 square foot land parcel for sale on Maui on Kaanapali Golf Estates. Build you dream home with ocean and island views in this master planned gated community. This neighborhood features gated entries, roadways with tropically landscaped common areas.

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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