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 1048 April 4th, 2023


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 (1)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Beautiful Gated Estate Property 
   3446 Omaopio   

3446 Omaopio Road

$4.995M (FS)


Maui March Market Report

Maui’s overall real estate market showed some life as total sales for single-family homes, condos, and vacant land jumped to 206 total transactions, up significantly from the recent lows of 125 total transactions last month. Despite increased sales activity, days on market continue to tick upward with properties selling in 109 days for single-family homes and 75 days for condos. The recent uptick in sales activity is likely due in part to mortgage interest rates dropping from 7% to just above 6% in January. With mortgage rate volatility expected to continue throughout the year, it is important to remember that monthly stats are a delayed indicator of past market conditions.


Download the Complete Maui March Market Report


Thank you to our marketing department for providing us with the report!


Have a wonderful week!


Mahalo Nui Loa,

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

The Smith Team

P.S. Have a wonderful Easter weekend! Whole Foods is taking Easter catering orders till Friday, 4/7 if you do not feel like cooking on Easter Sunday.
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Market Watch
251 (215)
119 (77)
914 (545)
210 (101)
203 (129)
1262 (420)
145 (74)
 32 (14)
219 (63)
606 (390)
354 (220)
2395 (1028)
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.

January 2023
February 2023

Homes Over $1M

 70 PUALU 
70 Pualu Loop
$1.25M (FS)
The property has 26 solar photovoltaic panels installed (owned). The property has had the kitchen in 2 of the units remodeled and the garage has been built out. The roof was coated prior to having the PV panels installed. Great neighborhood and great ocean breezes. Don't miss this cash-flowing property. Located very near the beautiful Napili Park and a trail that leads to the beach.
559 Kaleo
559 Kaleo Place

$3.36M (FS)
You will love this enchanting garden sanctuary with expansive & panoramic ocean, coastal & outer island views from Kaho’olawe, across the island of Lanai, the West Maui Mountains & Maalaea Bay. Set pristinely at the bottom of a quiet cul-de-sac, perched above the Wailea Resort with forever unobstructable views, this environment exudes serenity, peace & privacy.
21 E Mahi
21 East Mahi Pua Place
$4.399M (FS)
The home is surrounded by lush tropical plants and offers the true indoor outdoor living experience with covered lanai space for entertaining. The large open floor plan offers a chef's dream kitchen with lots of counter space and plenty of cabinets as well as a large walk in pantry. The dining area easily accommodates a table of ten with built in cabinetry.

Homes Under $1M

 196 Muliwai Dr196 Muliwai Drive
$869K (FS)
This home is just off of the same street where all the new town renovations are taking place. From this home, you will enjoy beautiful views of Iao Valley, light Hawaiian breezes flowing through, a privately fenced in lot with paved concrete driveway, and tropical fruit trees around the property including Calamansi Lime, Mountain Apple, Lychee, and Apple Banana.
3591 Piikea
3591 Piikea Place
$945K (FS)
This super clean home bonus loft on a fully fenced level lot and productive avocado tree features a vaulted cedar ceiling, Koa wood cabinets and granite countertop in the kitchen, central AC and heat, water filtration, ceiling fans, and track lighting. High-end entertainment and computer center stays.
234 Halenani
234 Helenani Drive
$975K (FS)
Single story Home, in desirable neighborhood. Cool ocean breezes,small harbor ocean views with cruise ship from backyard. Gourmet Kitchen with Kraft made cabinets,with glass doors & granite countertops. Travertine and granite baths.

Vacation Condos Over $1M

Mahana 305
$1.295M (FS)
Own this rare 1 bedroom, 2 bathroom, oceanfront condominium. When the bedroom door is closed, you and your guests will enjoy an en suite bedroom enjoined with a second en suite living space including a sofa bed. Mahana is beautifully furnished, has year round sunsets. The direct ocean front view is spectacular. During whale season, whale births have been witnessed from this unit.
Kamaole Sands
Kamaole Sands 6210
$1.428M (FS)
One of the most desirable complexes in South Maui. An elevator will transport you to this second floor unit where you can enjoy the one-level floor plan which offers two separate lanai spaces. This floor plan is preferred by both owners and guests over other 2 bedroom loft units. This unit comes turn-key and has been well maintained over the years and ready to generate rental income.
Kaanapali Shores
Kaanapali Shores 356
$2.225M (FS)
This suite offers excellent ocean views from the living room and main bedroom, Granite counter tops, refurbished kitchen and bathrooms. This popular 10-acre condominium hotel boasts two swimming pools, two spa pools, saunas, fitness center two tennis courts and a pickle ball court. You can relax at the pool-side restaurant for breakfast, lunch or dinner.

Vacation Condos Under $1M

Lahaina Shores
Lahaina Shores 626

$453K (LH)
Captivating panoramic mountain views delight you upon entering, in your lovely remodeled gem. Sparkling white sandy beach is moments from the pool & spa deck watch beautiful sunsets and whales right from there! Stylishly modern remodel, decor and furnishings. Elegant upgraded wood style cabinetry, granite counters in kitchen.
Royal Kahana
Royal Kahana 206
$830K (FS)
This beautifully maintained 1 bed 1 bath unit is perfect for those looking for a low maintenance lifestyle with all of Maui’s charm. With a newer remodel in the kitchen and beautifully tiled bathroom this condo makes for easy up-keep. There is carpet and tiled flooring throughout and heavy duty drapes have been installed in the living room and bedroom to help reduce outside noise and the heat from the sun.
Pacific Shores A-104
$908.7K (FS)
This well maintained two bedroom two bath beautifully upgraded ground floor unit. Turnkey and ready for you to come with your suitcase or go right into vacation rental program. Your new, completely furnished home comes with a newer washer dryer, and everything else you need from silverware to appliances. Remodeled kitchen in 2021 with granite countertops.
Maui Kai
Maui Kai 505
$935K (FS)
A stunning, affordable condo that offers an unbeatable island living experience. Wake up to the gentle sounds of the ocean and bask in the beauty of panoramic Pacific views from your private lanai. Maui Kai is a premier West Maui location that boasts proximity to beaches, shopping, restaurants, golf, and the charming town of Lahaina. 
Kaanapali Shoresll
Kaanapali Shores 211
$995K (FS)
It is a rare occurence that a large 1 bedroom, 1 bath floorplan unit comes on the market. The unit has been constantly updated over the years to meet the Aston's quality requirements. The beachfront Kaanapali Shores condotel offers many onsite amenities, such as 2 swimming pools, spa, 24 hour front desk operation, a full service restaurant, tennis courts, an activity desk, workout gym, sundry store, gift shop and a beauty salon. 

Residential Condos Over $1M

Kanani Wailea
Kanani Wailea 23
$1.9M (FS)
A luxurious gated community consisting of 38 freestanding residential condo homes. Is a 3 bedroom 2.5 bath two-story steel framed residence featuring Monier tile roof, exterior stone veneer accents and a Hawaiian Craftsman style design which can be found within a private culdesac of the community. As you enter the home, you are greeted with light filled interiors.
US Duplex 
$1.975M (FS)
This lovely two-story duplex on a desirable private cul-de-sac in the heart of Napili will please the most selective buyer. With only one common wall with the adjacent property 85B, this single-family residential home is legally a condominium. Once you enter the home, you will surely notice the attractive grain texture of Acacia hardwood flooring and delight in the gleaming Pacific Ocean from the main level's bright and spacious living room. 

Residential Condos Under $1M

  Harbor Lights
Harbor Lights B-312

$268K (FS)
Welcoming you home with a classy remodel and unique upgrades completed in 2021. This light, bright third floor unit offers you functional style with soft-close drawers, fresh white cabinetry & crown molding finishes. Brand new refrigerator as of 6 months ago. Spa-like shower includes natural pebble flooring to massage the feet and calming lighting to enhance relaxation.  

Customer Listing Synopsis

Kihei Shores
Kihei Shores F-202
$520K (FS)
This 2 bed and 2 bath unit has many upgrades throughout. The property has lots of shelving and storage and a fully equipped kitchen. Enjoy your morning beverage on your covered lanai with a peek-a-boo ocean view and tropical landscaping. Soak up the sun at the pool or jacuzzi and fire up the newly replaced barbecue grills. 
Flats at Kamalani
Flats at Kamalani 3807
$699K (FS)
This second-floor unit is a spacious 3 bedroom, 2 bathroom home, featuring 1,022 sq.ft. of interior living area, completed in 2017. Enjoy peace and privacy with this unit's location on the back side of the building, away from parking. This home has barely been lived in, making it the ideal move-in ready option for you. 

Vacant Land

51 Pihaa Street Lot 48

$690K (FS)
Located minutes above the one and only world famous Kaanapali Beach, 51 Pihaa features just under a quarter acre on which to build your Maui dream home. With very little vacant land left on West Maui, ocean views possible depending on design, and a convenient location close to dining, golf, ocean adventures and more this opportunity will not last long.

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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