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 954 June 15th, 2021
 

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 
(0)
Land (1)
New Properties (1) 
Price Reduction (0)

Short Sales
Homes (0)
Condos (0)

Land 
(1)
New Properties (0)
Price Reductions (0)

Spectacular Beachfront Condo

 Makena Surf B204 
Makena Surf B-204
Makena
$4M (FS)


Customer Listing Synopsis

 3D Video/Tour


New Seller Program

Attention to all sellers, we are excited to announce our new program, Coldwell Banker's Island Properties Plus.  Our company will front the costs of your pre-sale home improvements with no interest or hidden fees.  The pre-sale renovation budget is based on the post-renovation value and equity in the home.  We do require a minimum of 20% to 30% equity in the home to qualify for the Plus program.

How it works:
 
Step 1:  We will work together to decide which services can increase your home's value the most and set an estimated budget for the work.
 
Step 2:  When you're ready to start, we will work with you to engage vendors and commission work.
 
Step 3:  Once the renovations are complete, your home goes on the market.
 
Step 4:  Your house gets sold.
 
You will simply pay back the money from the proceeds of the sale.  No fees, interest, or markups.  This is a brilliant solution to selling your home for top dollar. 
Call us or check 
https://www.islandpropertiesplus.com/
for more information.

Mahalo Nui Loa,

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

The Smith Team

 
P.S. The Maui Swap Meet returns to the University of Hawaii Maui College Kahului Campus after being closed for more than a year.  Check it out this coming Saturday from 7 a.m. to 1 p.m.  
Follow Us
facebook twitterlinked-round-flatdownload (1)

Market Watch
 
Active
Pending
Sold
Change
Homes
216 (166)
252 (177)
1281 (510)
+5
Condos
196 (58)
395 (113)
1875 (438)
-13
Land
171 (78)
 71 (23)
358 (73)
+6
Total
583 (302)
718 (313)
3514 (1021)
-2
 
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

26 Manu 2
26 Manu Street
Kula
$1.125M (FS)
This custom-built pole house surrounded by trees, flowers, fruits & gardens provides privacy and a totally serene feeling. The home offers 4 bedrooms, 2 baths, a sky-lighted lofted room, and newly remodeled bathrooms. A private bedroom/living area downstairs opens to a lighted gazebo & koi pond currently dry.
 
3505 Malina Pl 2
3505 Malina Place
Kihei

$2.2M (FS)
This legacy property must be experienced in person in order to be fully appreciated. Expansive and thoughtfully designed, this Maui Meadows gem is appealing to both the savvy investor and/or an owner occupant desiring the customized layout, incredible ocean views, massive amount of covered and secure storage, and mature landscape filled with fruit trees, bamboo, and other beautiful tropical greenery.
 
 3171 S Noho Loihi 
3171 South Noho Loihi Way
Wailea
$2.625M (FS)
The great room, kitchen, ocean view dining area, Master Suite, and powder room are upstairs; downstairs, there are two bedrooms and a sunny sitting room (or office/den) that transitions to the pool area with a separate entrance.  Certainly one of the highlights of this home is the owners' transformation of the outdoor area to an inviting tropical oasis, captivating day and night. 
 
Lower Kula
3402/3410 Lower Kula Road
Kula
$2.77M (FS)
It also includes a lease with purchase option of a vacant land portion (9.5 acres) of the adjacent property. 3410 Lower Kula Rd. has a 1 inch county water meter and 3402 Lower Kula Rd. has a standard 5/8 inch county water meter.These properties would be perfect for a planned estate/family compound on nearly 15 acres. With stunning views and potential for expanded agricultural use, this offering is a must see.
 
3651 Omaopio Rd 2
3651 Omaopio Road
Kula
$6.5M (FS)
This property is the perfect place to call home, while also having an incredible opportunity to acquire one of Maui’s most successful agri-tourism businesses. Maui’s Surfing Goat Dairy is ideally situated on 42 acres in Kula, Upcountry with stunning bi-coastal ocean and mountain views.
 

Homes Under $1M

967 Hiilani St
967 Hiilani Street
Haliimaile
$399.9K (FS)
Bank Owned. The value is in the land with this older home built in 1939. The main house and ohana are basically a tear down. This older established neighborhood near the famous Hali'ilamile General store and parks.
 
 101 Kuula St 
101 Kuula Street
Kahului
$699K (FS)
This property is a great blank slate to remodel the main home and rent the cottage. Each structure has a single carport, while the main home has a large covered storage area off the side. 
 
4930 Hana Hwy
4930 Hana Highway
Haiku

$763.2K (FS)
Bank Owned. Enjoy the vast amounts of outdoor recreational activities, restaurants, and shopping just a short distance away. This residence boasts over 3 1/2 acres, 3 bedrooms, 3 bathrooms, a deck, and affords privacy as it is nestled amongst a large, private lot.
 
 
Vacation Condos Over $1M
 
maui sun
Maui Sunset A-317
Kihei
$1.15M (FS)
This gorgeous 2 bedroom, 2 bath short-term rentable condo in Central Kihei was remodeled in 2016, including both bathrooms, new appliances, Pergo Brilliant Maple flooring throughout, and granite counter tops and oak cabinetry in the kitchen. The master bedroom has double pane windows with white plantation shutters in both bedrooms. 
Puamana
Puamana 30-2 
Lahaina
$1.35M (FS)
This beautiful 2 bedroom 3 bath townhome with a wonderful center garden location on the Lahaina side of the Puamana clubhouse, oceanfront pool and tennis court. With a 28-foot-wide back lanai and living area, it enjoys a spacious downstairs master bedroom, living room and kitchen.
 
Honua KaiHonua Kai Hoku Lani 742
Kaanapali
$1.825M (FS)
This north side location has gorgeous views of the Pacific Ocean, the Island of Molokai, the Majestic West Maui Mountains, along with the pools and grounds of the Honua Kai Resort. Folding Nano doors give the ultimate feeling of the indoor-outdoor experience.

  Vacation Condos Under $1M

Pacific Shores
Pacific Shore A-210
Kihei
$615K (FS)
A very popular vacation rental with a solid rental history. Located in building A, the unit is away from the street and the pool, making it a nice quiet spot to live, work and relax. Sold completely furnished with good housekeeping and management already in place who are also willing for the new owners that decide to do vacation rental.
 
vistA
Maui Vista 3421
Kihei
$645K (FS)
This Maui Vista condominium in South Kihei is a rare 2 bedroom 2 bath unit located away from the road and with a pretty garden/ocean/mountain view. See Lanai and the West Maui Mountains and enjoy colorful sunsets from the living room and the lanai.
 
Polynesian Shores
Polynesian Shores 120
Mahinahina
$649.9K (FS)
This property's exterior has been extensively remodeled and updated with all new siding, windows, new security screen doors and new front doors with entry security locks. A new hot tub has been added to the pool area as well as many features that have made Polynesian Shores a stunning remodel.
 

Residential Condos Over $1M

Wailea Fairway Villas A-103
Wailea
$1.195M (FS)
The sense of spaciousness is found at every moment, from the prominent entry with sweeping stairs, to the double-sized master bedroom with a framed Pacific profusion showcasing the changing nature of the Ocean and the glory of the Haleakala Volcano. 
 
wa 1
Kanani Wailea 7
Wailea
$1.675M (FS)
Kanani Wailea is a residential condo development with 38 freestanding homes. Single level living with 4 bedrooms and 3.5 baths. All the bedrooms are en-suite with a separate 4th bedroom perfect for guests or a private office. A beautiful, private setting with a lush landscape. The gourmet kitchen features granite counter tops, the finest appliances and beautiful wood floors.

Residential Condos Under $1M

Puuone Towers
Puuone Towers and Plaza 507
Wailuku
$275K (FS)
Spacious 2 bedroom, 1.5 bath centrally located in Wailuku. Convenient washer/dryer in unit. Great amenities include: secure building, elevators, on-site manager, assigned covered parking stall, BBQ area and swimming pool.
  Villas at Kahana RidgeVillas at Kahana Ridge 727
Kahana
$580K (FS)
Beautiful ocean views of Molokai from the living room, bedroom, and lanai. Close to beaches, restaurants, and shops. Street level walk in unit for easy access. Maintenance fee includes basic cable. The full-size washer/dryer is 2 years old. 
 
Wailea Fairway Villas
Wailea Fairway Villas M-202
Wailea
$799.8K (FS)
This quiet complex has amenities such as a front row ocean view pool, a pavilion, a fitness center and BBQ. Unit M202 is well appointed with two full bathroom remodels plus new flooring throughout. Enjoy the ocean views to capture those magnificent Maui sunsets.
 
 
 Vacant Land
 
257 Door of Faith
257 Door of Faith Road
Haiku
$675K (FS)
This property offers a long-term farm and housing opportunity not available elsewhere on Maui. This is the only lot offered from a 5 lot new subdivision. There is a huge huge water tank and fire suppression system that is part of this subdivision that will keep your insurance costs down. 
 
The Smith Team
www.MauiSales.com
(808) 572-0866
facebook    twitter    linked-round-flat    download (1)
 
 
 
 
 
 
 

 




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!