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 1020 September 20th, 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 (4)
Condos (3)
Land
New Properties 
Price Reductions  

Short Sales
Homes 

Condos 
Land
New Properties

Price Reductions 

 
 Prestigious Private Villa
  villa  

Wailea Beach Villas D-102
Wailea
$12.5M (FS)


Looking for a Brand New Home

 

In the crazy market we have had over the last several years, new home developers have had an oversupply of ready, willing, and able buyers. The result has been allocation of new homes by lotteries for the most part.

 

Oftentimes, the number of people entering the lotteries than the number of homes available. If you were fortunate enough to get selected, congratulations. If however, you were not lucky enough to be able to choose a home, we have good news for you.

 

Recently, with a slowdown in sales, 2 developers have unsold inventory that they have listed in the MLS.

 

Available at Hoku'ula, Hali'imaile

Click Here to View Listings

 

Available at Anuhea at Kehalani, Wailuku

Click Here to View Listings

 

Please let us know if any of these homes might be of interest to you. If not, let us know what might work for you, and we will do our best to help you find it.

 

Have a great day!

 

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. Interisland fare wars make it more affordable than ever to visit a neighbor Island. Read more.
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Market Watch
 
Active
Pending
Sold
Change
Homes
249 (210)
143 (79)
1160 (655)
NC
Condos
172 (87)
237 (127)
1799(557)
-5
Land
113 (55)
 37 (9)
257 (87)
NC
Total
534 (352)
417 (215)
3216 (1299)
-5
 
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

499 Haliimaile 2
499 Haliimaile Road
Haliimaile

$1.495M (FS)
This single-story Floor Plan A home has 4 bedrooms and 3 bathrooms. Features include an open floor plan, 9 foot ceilings, covered lanai, attached two car garage. Highlighted amenities consist of stainless-steel appliances, double paned windows, soft close cabinetry. A walking path around the perimeter of the community will provide another way to enjoy the panoramic views.
 
12 Kahana
12 Kahana Ridge Place
Kahana
$1.795M (FS)
This home has been strictly used as a second home by the original owner/builder and has been meticulously maintained. Quality custom construction throughout with lots of storage areas. Great ocean views from the ground floor as well as from the second floor. Spacious patio area downstairs that leads to the well-manicured lawn and landscaping. 
front steet
1437 Front Street
Lahaina
$3.195M (FS)
Stunning oceanfront home in historic Lahaina town. Enjoy sunsets year-round and watch as whales pass by. Located near the heart of front street and a short walking distance to restaurants as well as the path to Ka’anapali. This recently remodeled home features hardwood floors and high-end finishes throughout. 
 
220 Ohaoha Pl
220 Ohaoha Place
Haliimaile
$3.395M (FS)
This ocean view home provides three independent ensuite bedrooms, a home office, and tv den; all intentionally devised around the central garden courtyard. Envision watching the stars from the rooftop viewing deck or relaxing to the sound of the waterfall and sweet breeze by the pool. 

 

Homes Under $1M

100 E Kuiaha
100 East Kuiaha Road
Haiku

$699K (FS)
This cozy home was built in 1969 and has single wall construction. Lush, matured trees and foliage are all around the home which, along with the gulch to the east, creates privacy. Make this home and lot exactly what you have dreamed about. What a perfect spot to create your own paradise.
740 Ponoi Pl
740 Ponoi Place
Makawao

$739.5K (FS)
This home has been beautifully remodeled and meticulously cared for. Start with a fabulous kitchen, new Whirlpool appliances, an 8' island with quartz countertops and a huge farmhouse sink. You'll surely appreciate the solid wood cabinetry, backsplash tile to the ceiling and wonderful coffee bar.
 181 
181 Alohilani Street
Pukalani

$825K (FS)
Enjoy spectacular views and evening sunsets. 3 Bedroom 2 bath with a 2 car carport. Walking distance to shopping, parks, swimming pool, post office, and schools. Well maintained. Has tile floors.
 
197 Nakoa
197 Nakoa Drive
Wailuku

$849K (FS)
Well Kept 3 bedroom, 1.5 bath, 992 sq. ft. home in the established Hale Koa Subdivision. Pride of Ownership is displayed within this well maintained home that has been built and meticulously cared for by the same owners.
369
369 East Kaiolohia Street
Kihei
$950K (FS)
This home has a spacious private fenced in yard, a garage and a driveway. Enjoy the lanai out back and patio with partial covering and partial ocean views. Wall to wall carpet in all the bedrooms and main living area, with tile covering the rest.

Vacation Condos Over $1M

Polynesian Shores
Polynesian Shores 212
Honokowai
$1.199M (FS)
Big ocean views bring joy. Wood beam ceilings and rich finishes contribute to the beach house character of this unique loft-style 2 bedroom. Polynesian Shores is a legacy oceanfront vacation property located in West Maui’s Mahinahina neighborhood.
 

Customer Listing Synopsis

Video/Virtual Tour

Kapalua Golf Villas
Kapalua Golf Villas 25 P3-4
Kapalua
$1.7M (FS)
Upgraded 2 bedroom 2 bathroom Kapalua Golf Villa is located in Building 25, which is located on the top row of the Golf Villas. This ground floor location is right behind the 5th hole tee box of the Kapalua Bay Golf Course. The Seller has recently renovated the home, both interior and exterior. The villa has fabulous views of the golf course and the ocean. Close to great beaches, wonderful restaurants and world class golf courses. 
Puamana
Puamana 136-2
Lahaina
$5.4M (FS)
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. The living room is open concept with kitchen, dining and living room open to the spacious lanai and expansive ocean views.

Vacation Condos Under $1M

Kihei Kai Nani
Kihei Kai Nani 100
Kihei

$625K (FS)
Amazing and convenient location on the ground floor. This corner one bedroom one bath is located at the front of the complex.
 
 Pacific Shores 
Pacific Shores A-107
Kihei

$849.9K (FS)
This unit has been nicely updated and is bright and airy with a kitchen that flows into the dining and living areas. Updated bathrooms, tiles, cabinets and blinds make this unit turnkey for the new owner. Pacific Shores is regarded as one of the best managed properties on Maui and this two bedroom, two bathroom vacation rentable unit is a perfect place for your Hawaiian getaway or revenue property.
Haleakala Shores
Haleakala Shores A-211
Kihei

$885K (FS)
A spacious 2 bedroom  2 bath condo. That beach park offers good snorkeling, swimming with a lifeguard station. Restrooms and lots of shade trees at this park. With repeat clientele at this complex year after year.
 

Customer Listing Synopsis

Video/Virtual Tour

Residential Condos Over $1M

Wailea Palms
Wailea Palms 2706
Wailea
$1.925M (FS)
Stunning Molokini and Kahoolawe Island and ocean views from this extremely private two-bedroom residence. The home has all new stainless-steel appliances, fresh paint, new carpet and blinds plus a split system A/C. Wailea Palms is an elegant, gated community that features one of Maui’s most popular pool amenity areas.
 
Na Hale O Makena
Na Hale O Makena E-201
Makena
$2.7M (FS)
Units are very spacious and open with Ocean views from the living area, Lanai and Master suite. Has all the amenities you would expect like granite counters, top of the line appliances, travertine flooring and more. Being sold furnished. 
 
 

Residential Condos Under $1M

  Mount Thomas
Mount Thomas 303
Wailuku
$459K (FS)
Beautifully renovated condo with amazing ocean views. This 2 bedroom 2 bath condo features panoramic ocean/Haleakala views and is located centrally to everything. Is arguably the nicest condo complex in Wailuku, and units rarely come up for sale.
 

Customer Listing Synopsis

 

Iao Parkside
Iao Parkside 47-203
Wailuku
$530K (FS)
This spacious 2 bedroom 2 bath unit features a covered lanai, vaulted ceilings, remodeled kitchen, in unit washer/dryer, and two assigned parking stalls. Great location. Close proximity to grocery stores, schools, restaurants and many more.
Kihei Shores
Kihei Shores F-211
Kihei
$599.9K (FS)
A beautiful garden atmosphere, private lanai, and assigned parking stall right at the bottom of the stairs leading up to the condo. Magnificent remodel throughout. New laminate flooring, 8 inch insulation in the attic above living areas, new washer and dryer and new living room a/c unit put in within the last year.

 
Pohailani MauiPohailani Maui 219
Kahana
$647K (FS)
Opportunity knocks for this spectacular upper level 2 bedroom 1 bath Pohailani treasure. The seller took utmost care in refurbishing this vaulted ceiling, front row, sunny apartment in 2016, when she bought it. It has been used as a vacation rental since the seller bought it, so it’s turn key, furnished, and ready for the next lucky owner.

Vacant Land

0 Pulehuiki
O Pulehuiki Road
Kula
$1.25M (FS)
This property is fully fenced and has many options for use. Lot is mostly level with tiny a tiny home included with the sale. Live in the tiny home while building your dream home with views of the ocean and sunset views most of the year. 

 

 
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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