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 1029 November 22nd, 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 (2)
Condos (2)
Land
New Properties 
Price Reductions  

Short Sales
Homes 

Condos 
Land
New Properties

Price Reductions 


 Olowalu Beachfront Masterpiece  
   feature 2   

11505 Honoapiilani Highway
Honokawai
$7.5M (FS)


A Sea of Gratitude

Photo: Hamoa Beach, Hana, Nov. 2022 by R. Kofron

 

It’s difficult to lose sight of how blessed we are to be on Maui as precious few places on Earth offer such exquisite conditions to rest, play and work. Still, I was reminded on a recent road trip to Hana with friends visiting from the mainland, just how truly lucky I am to have grown up here.

 

Blue and green converge at sacred sites like Hamoa beach (pictured above), rich in Hawaiian history and known for its silky water, body surfing and salt n’ pepper colored sands on Maui’s north-eastern shore. Whether you’re visiting or new to the island or a long-time resident, we invite you to pause and count your blessings with us.

 

In this season of giving thanks for good times to come enjoying food with family and friends, we at The Smith Team wish you a very happy Thanksgiving holiday. We give thanks for our beautiful island home and the amazing opportunity to share it with you. 

 

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. Here’s a guide on where to eat this week if you’re on Maui for Thanksgiving. Whole Foods market also offers easy to heat and serve comfort favorites for an easy to prepare meal at home.
Follow Us
facebook twitterlinked-round-flat   instagram-logo-icon-vector-29228004 (2)   
Market Watch
 
Active
Pending
Sold
Change
Homes
249 (201)
117 (76)
1092 (640)
+5
Condos
194 (91)
200 (111)
1649 (525)
+7
Land
128 (62)
 42 (13)
224 (79)
+4
Total
571 (354)
359 (200)
2965 (1244)
+16
 
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

 62 Ia Iki 
62 La Iki Street
Wailuku

$1.195M (FS)
This beautifully livable 4 bedroom 3.5 bath residence. Newly built in 2018, this home recently installed new flooring on the ground level. The interior is bright, spacious and well maintained. Experience majestic Mountain views and sweeping Ocean views from the upstairs bedrooms. 
 
20 Kualono
20 Kualono Place
Kula
$1.695M (FS)
This is the perfect property for anyone who appreciates bicoastal ocean views that truly take your breath away. The 3 bedroom 2 bathroom main home is made of redwood and is indescribably solid, accompanied with a wrap around lanai, large inviting windows and a grand wood burning fireplace. 
 
2631 Ala Olu
2631 Ala Olu Place
Haiku
$2.495M (FS)
The main home residence is currently set up in 3 distinct living spaces. The Ohana is currently set up as 2 district living spaces. The canopy driveway up to the estate makes each trip home feel like a step back in time to old Hawaii. This unique property may be utilized as a successful rental, an upcountry farm, or a multi-generational compound. The possibilities are endless.

Homes Under $1M

 792 Honowai 
792 Honowai Street
Kahului
$869K (FS)
This single-level, 2bedroom 2bath (plus bonus room/office) home in the heart of Kahului. Pride of ownership is seen throughout this recently renovated home that is MOVE-IN READY! Some of the highlighted features include. Exterior and Interior painting completed in Oct 2022. Living Central has its perks. Don't miss out on this great value in today's market. 
776 Kekona Pl
776 Kekona Place
Makawao

899K (FS)
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.
1936 Olu Dr
1936 Olu Drive 
Wailuku

$920K (FS)
Welcome home to this charming two-story house in the Heart of Old Wailuku Town in close proximity to restaurants, shops, schools, banks, stores, and so much more. Bright and airy with cool ocean breezes, and views of the ocean, Haleakala, Iao Valley, and West Maui Mountains. 
63 Maka Hou
63 Maka Hou Loop
Wailuku

$995K (FS)
This 2 story home features 3 bedrooms and 2.5 baths with an enclosed patio for entertaining and an attached 2 car garage. One of the largest homes in the area with an interior of 1799sf and a fenced in backyard on its 10,320 sf exterior. The yard is installed with an irrigation system. Enjoy the cool breezes with mountain and ocean views.

Vacation Condos Over $1M

papakea
Papakea Resort L-208
Honokawai
$1.195M (FS)
Fantastic opportunity to own a corner unit direct oceanfront one bedroom one bath at the popular has just been remodeled with brand new cabinets, counter tops and luxury vinyl flooring and is beautifully and tastefully furnished. This corner units allows for an extra window overlooking one of the two pools on property.  

Customer Listing Synopsis

Video/Virtual Tour

Kahana Sunset
Kahana Sunset E-5
Kahana
$1.195M (FS)
This 2 level, 2 bedroom, 2 bath, unit enjoys exceptional Ocean, coastal and Island of Molokai views from interior and lanais on both levels. The property has a great rental history with many return guests. The condo has recently been refreshed with many new furnishings, fresh paint and decor in Sept 2022. 
 Grand Champions 
Grand Champions 30
Wailea
$1.695M (FS)
This home is conveniently located on the tranquil, back end of the complex. The spacious lanai looks East over the Wailea Blue Golf Course and offers homeowners the utmost privacy. This is the most highly sought after floor plan in the neighborhood with the flexible “lock off” feature. 
 
Kaanapali Shores
Kaanapali Shores 402
Kaanapali
$2.5M (FS)
Rare 2 bedroom Oceanfront Unit at Kaanapali Shores features an amazing ocean view from the living room, both bedrooms and the huge wraparound Lanai. This unit features a full-size kitchen with granite countertops, wood cabinetry, tile flooring in the kitchen and bathrooms, and an ensuite washer and dryer for convenience. 
 
The Ritz Carlton Residences
The Ritz Carlton Residence
1226-1228

Kapalua
$3.75M (FS)
This exquisitely appointed oceanfront two bedroom, two bath with spectacular ocean views from every room. Featuring high-end touches throughout, including marble baths and hardwood flooring, this property is one of only a handful of residences to enjoy a full kitchen and two expansive covered lanais.
Whaler 2
Whaler 502
Kaanapali
$4.975M (FS)
Spectacular direct beachfront 2 bedroom 2 bath condominium. Enjoy the stunning views out to the renowned Black Rock, along with the amazing West Maui Sunsets while enjoying your spacious. Watch the Majestic Humpback whales during the Winter season, while savoring the comforts of your remodeled interior living space in the dining area, both bathrooms.

Vacation Condos Under $1M

Kaanapali Shores 1
Kaanapali Shores 905
Kaanapali 

$675K (LH)
A 1 bed, 1 bath leasehold unit, features magnificent ocean views from the living room, kitchen and bedroom. The bright and spacious living area opens to a private lanai with an expansive ocean view. Enjoy listening to the tropical birds each morning with your cup of coffee and watching the sun set with its brilliant array of colors each evening. 
 LL 
Kulakane 203
Honokawai

$725K (FS)
This is your opportunity for the Maui Retreat you have been dreaming about. Direct Ocean Front at Kulakane with views of Lanai and Moloka'i and so close to the ocean you could throw a Mango into the ocean from your lanai. Turtles swimming by and during Whale season you can view the Whales frolicking in the ocean.

Customer Listing Synopsis

 

Kihei Holiday
Kihei Holiday 214
Kihei

$740K (FS)
Enjoy this spacious oceanfront condo with breath taking ocean views . You are within steps of sinking your toes in the sand so kick off your shoes, go barefoot, and take a short stroll to the ocean. 'Sugar Beach' is the longest stretch of beach on Maui . The Honu ( turtles) LOVE to visit the beach here. 

Residential Condos Over $1M

Wailea Fairway Villas
Wailea Fairway Villas C-201
Wailea
$1.149M (FS)
This is a clean, well maintained 2bedroom 2bath condo. Newer split air system and hot water water are two big ticket items you don't have to worry about. Being sold vacant, this condo is ready for new owners to bring their vision. Wailea Fairway Villas is minutes away from golfing, the world renowned Wailea resorts, sandy beaches, shopping and dining. 
 
Kai Malu
Kai Malu 61-B
Wailea
$2.9M (FS)
Prime location with its sweeping ocean and Haleakala views and elevated location on South Maui’s renowned Wailea Blue Golf Course, 3 bed and 2.5 bath, 2 car garage. Is a 2-level fully furnished town home featuring upgrades fit for the most discerning buyer. Travertine floors, granite countertops, cherrywood cabinets, stunning Tommy Bahama furniture.

Residential Condos Under $1M

  Spinnaker
Spinnaker A-209
Lahaina

$435K (FS)
Great opportunity to own a one bedroom condominium complex in downtown Lahaina. Close proximity to all the fun things to do in Historic Lahaina Town, restaurants, cafe's, art galleries, shopping and the Harbor. Community laundry on site. 

Customer Listing Synopsis

Kahului Ikena
Kahului Ikena 131
Kahului
$485K (FS)
It is a comfortable 1 bedroom, 1 bath, offering natural light, wonderful air flow with many windows, a cozy covered lanai, and ample storage. There is a newer split system AC with two units for the living room and the bedroom. The flooring is a wood vinyl. The kitchen has a new refrigerator and new garbage disposal. A new screen door, new stove, and new dishwasher are under order. 
The Breakers
The Breakers E-30
Honokawai
$579K (FS)
This beautiful and well-maintained condo as your primary residence or second home. What makes unique is that it is the only 3rd floor E building end unit with a large window facing the oceanside, making it feel spacious and allows for balmy breezes with beautiful ocean views. So you can watch the colorful sunset from your own private lanai.
Kihei Shores
Kihei Shores F-202
Kihei
$579.9K (FS)
A beautiful garden atmosphere, and assigned parking stall close by. Guest parking is plentiful and also within close proximity to the unit. Gorgeous remodel. Bamboo and tile flooring throughout, updated kitchen with granite countertops, bamboo cabinets and shelves, a skylight, and tile backsplash. Both bathrooms have updated vanities, showers, matching granite counters and bamboo cabinets, and skylights.
 
Kihei Shores 2
Kihei Shores H-004
Kihei
$625K (FS)
The property was extensively remodeled in 2019. In the kitchen, upgrades include granite counters, elegant glass tile backsplash, new white shaker wood cabinets with under cabinet lighting and Kenmore stainless steel appliances. Tile flooring throughout the unit as well as new core doors throughout the unit, including a noise reducing door for the laundry space.
Pohailani Maui
Pohailani Maui 117
Kahana
$695K (FS)
Completely renovated 2 bedroom, 1 bath luxury condominium with ocean views, and a spacious lanai opening to a vibrant tropical garden. The expensive finishes include an Italian Marble kitchen with a waterfall countertop, high ceilings, and contemporary lighting providing a feeling of grace and charm found only in high-end resort properties.

Vacant Land

 5159 Makena 
5159 Makena Road
Makena

$4.149M (FS)
You will enjoy south facing Ocean, pristine Makena coastline, Kaho’olawe & Molokini Crater Views. This idyllic location affords spectacular sunsets with a beautiful sandy beach & majestic ocean waters just steps from your front door. Makena is just south of Wailea and is revered as a pristine, less-developed, magnificent coastal area. 
 

 
The Smith Team
www.MauiSales.com
(808) 572-0866
 
facebook    twitter    linked-round-flat    instagram-logo-icon-vector-29228004 (2)  

 
 
 
 



Click to view this email in a browser

If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe

Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

Read the VerticalResponse marketing policy.

Try Email Marketing with VerticalResponse!