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 1025 October 25th, 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 (3)
Condos (2)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

 Fabulous Oceanfront 

4871 Lower Honoapiilani Road
$9.5M (FS)



For an in depth look at how Maui’s real estate market has fared in the first three quarters of the year, we highly recommend you take the time to review The Coldwell Banker Island Properties 3rd Quarter Hawaii Real Estate Summary report. Unlike most reports that compare year-over-year data, our company report compares stats from Q-3 (July through September 2022) to Q-2 (April through June 2022). You can read the full summary report which covers all of Hawaii here. Here’s an excerpt:

“As anticipated, Hawaii's real estate market has returned to “pre-pandemic” levels as sales activity has resumed a more moderate pace and median sales prices have retracted from all-time highs of the last two years. Even though the market has slowed — in part to rising mortgage interest rates and concerns about an economic recession — a general lack of inventory continues to favor sellers. Buyers, however, are beginning to take back control as days on market and the overall number of price reductions have both increased in recent months.”

Regardless if you are a buyer or seller, Maui’s Real Estate market has room for you and our team is ready to help you position yourself to make the most of the opportunities at hand. Despite a more moderate pace, our clients on both sides of recent transactions are walking away very satisfied. As always, let us know how our team can help.


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. Happy Halloween! The pumpkin patch is open at the Kula Country Farms everyday from 9 am to 4 p.m. till October 31st for those of you looking for last minute pumpkins to decorate for this season.
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Market Watch
252 (213)
123 (71)
1121 (645)
154 (71)
209 (119)
1727 (540)
127 (61)
 35 (9)
237 (81)
533 (345)
367 (199)
3085 (1266)
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

2965 Kauhale
2965 Kauhale Street

$1.399M (FS)
This 4 bedroom 2 bath home also boasts an attached studio/Ohana for extra income or visiting family, friends. Owned Photovoltaic with spacious yard with room for a garden or raised vegetable beds, a pool and maybe even another ohana. Just below the sought after neighborhood of Maui Meadows but priced like a Kihei home.

9 Kapii Pl
9 Kapii Place
$1.895M (FS)
Ocean and mountain views can be enjoyed from the covered lanai. The spacious 3 bedroom, 2 bath home built in 1999 features vaulted ceilings throughout, Oak wood floors, granite counter tops, lots of natural light and an open floor plan for entertaining. Enjoy the country lifestyle, with your own back yard horse barn.
1437 Front
1437 Front Street
$3.145M (FS)
Enjoy sunsets year-round and watch as whales pass by. This recently remodeled home features hardwood floors and high-end finishes throughout. The main floor has a gourmet kitchen that opens to a large dining and living area.  Home is offered furnished & turn-key.
356 Kualono
356 Kualono Place
$3.75M (FS)
This gorgeous home represents a rare opportunity to experience the best of relaxed island living. A modern masterpiece with sweeping ocean views, this two-story home offers 4 bedrooms, and 4 full and 1 half-bathroom. Step out onto the spacious lower level lanai where you can enjoy dining al-fresco with a calm island breeze or invite guests to cool off in the expansive pool & spa.
1033 Kai Hele Ku Place
$4.15M (FS)
This thoughtfully designed 3 bedroom 2.5 bath home flows through the interior and exterior spaces to capitalize on the unobstructed and lofty views. Stellar execution of craftsmanship and materials are evident. A seperate two bedroom, one bath wing connected by a breezeway imparts a privacy to the ensuite master bedroom. 

Homes Under $1M

 856 KUHUA 2 
856 Kuhua Street
$699K (FS)
Bank Owned. Large house with multi family potential. Buyer to do their own due diligence. This offers 3 bedrooms 4 bathrooms house is ready for makeover if you have creative mind this property is for you.
606 Onehee
606 Onehee Avenue
$765K (FS)
Single-level home with 4 bedrooms, 1 bathroom & large garage just waiting for a makeover. Great central location in Kahului near shopping, dining, airport and schools, On a decent sized 7,608 sf lot. Plenty of driveway & streetside parking.
30 Puakea Place
$775K (FS)
Enjoy some ocean & mountain views from the living area and deck of this charming 2 bedroom, 1 bath, 712sf Kula home. The vaulted ceilings and plentiful windows create a spacious & welcoming feeling. Laminate flooring was installed in 2019. New ice box in 2019 & new microwave in 2022.
4885 Hana Hwy
4885 Hana Highway
$899K (FS)
This beautiful two-story, 2 bed 1 bath upstairs and 1 bed 1 bath downstairs mother-in-lawsuite. The property has two covered lanais and a gorgeous, fully-fenced .25 acre yard with a gazebo and plenty of room for gardening. With incredible ocean and mountain views, this home is centrally located near Hana's schools and amenities. 
1851 Makahala
1851 Makahala Place
$965K (FS)
Brand new construction of single level 3 & 4 bedroom homes. Designed with a thoughtful open concept and spacious room sizes, these homes are the opportunity you've been looking for. The 4 bedroom floorplan has an oversized 528sf 2 car garage. Construction is scheduled to be completed in early 2023.

Vacation Condos Over $1M

Papakea Resort
Papakea Resort F-407
$1.275M (FS)
A top floor 2 bedroom Loft-Style unit and located in the most desirable building at Papakea. Sit back and relax in the living room or on the lanai where you can hear the surf and watch the colorful sunsets. This private prime location faces due West with fabulous sunsets and views of the majestic islands of Molokai and Lanai.

Customer Listing Synopsis

Video/Virtual Tour

Hololani B-604
$1.295M (FS)
Arguably one of the best oceanfront locations on West Maui. Enjoy views of Molokai and Lanai from your lanai. In season, watch the whales frolic from all areas of your 2 bedroom, 2 bath Hololani home. Enclosed bedroom lanai and large owner's storage closet.
Kapalua Golf Villas
Kapalua Golf Villas 17T8
$1.3M (FS)
Positioned on the "T" terrace level this remodeled townhouse loft style, one bedroom, two bath floor plan offers 987 square feet of interior space. With the elevated corner location this condo offers an oversized 304 square foot lanai. The perfect place to view nightly sunsets while entertaining or enjoying the quiet atmosphere silhouetted.
Honua Kai
Honua Kai - Konea NR451
$5.9M (FS)
This oceanfront residence has panoramic views of Lanai'i and Molokai, and year round sunsets. Perfect for whale watching. This condo allows for indoor/out door living with the Nano glass doors. The residence comes fully furnished with Tommy Bahama furniture through-out. 

Vacation Condos Under $1M

Napili Puamala
Napili Puamala 223

$550K (FS)
Well-priced slice of Hawaii paradise is part of one of the most sought after communities on the island of Maui. Relax in comfort in this fully updated and modernized unit with a full kitchen and all the creature comforts one might need. Efficient air conditioning and tile floors throughout the kitchen and bathroom areas keep you cool.
 Kanai A Nalu 
Kanai A Nalu 320

$719K (LH)
Welcome to this direct ocean front 2 bedroom 2 bath (suites), 952 SF, end unit, vacation rental condominium at the popular Kanai A Nalu in Ma’alaea in Central Maui. Ocean, Haleakala and outer island views, beautifully appointed.
mahana 2
Mahana 1212

$895K (FS)
Penthouse studio with spectacular panoramic ocean views, year round sunsets, and views of the neighbor islands. Picture perfect spot to watch Maui's humpback whales in winter, and turtles and dolphins playing in the surf below. Rated a "Premium" in the on-site rental management program, this unit is tastefully furnished.

Customer Listing Synopsis

Video/Virtual Tour

Residential Condos Over $1M

Kai Ani Village
Kai Ani Village 3-103
$1.499M (FS)
This preferred Kala floor plan residence offers the large multi-purpose great room with an open style kitchen, ideal for entertaining, on the main floor with second half bathroom and a lanai retreat where you can peacefully enjoy your morning tea or coffee facing Haleakala views. The master bedroom offers exceptional West Maui Mountain and ocean views and en suite bathroom with walk-in shower. 
Wailea Palms
Wailea Palms 2706
$1.795M (FS)
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. The expansive panoramic ocean & outer island view from the pool pavilion are exceptional.
Vintage at Kaanapali 45
$1.995M (FS)
Offers outstanding Pacific Ocean, outer island, golf course, year-round sunset and seasonal whaler watching views from both floors. This “D” Floor Plan is the most sought after floor plan at the Vintage offering ample space and single level living with master suite, guest bedroom, open kitchen, living room, and dining area all located on the lower level. 

Residential Condos Under $1M

  85 Walaka Street
85 Walaka Street 9
$399K (FS)
A cozy 1 bedroom and 1 bathroom condo located in a low-rise complex with only 11 units and a low maintenance fee. The building is tucked away and only minutes from Charlie Young Beach and The Cove, which are both perfect for paddle boarding, surfing, sunbathing and relaxing on the beach at sunset. 

Customer Listing Synopsis


Maalaea Mermaid
Maalaea Mermaid 304
$440K (FS)
Beautiful Ocean View from the lanai of this spacious one bedroom fee-Simple unit. Small complex located next to Maalaea Harbor. Walk to Harbor, Shots and Restaurants. Easy access to Lahaina, Kihei, Kahului.
Iao Parkside
Iao Parkside 44-106
$450K (FS)
This lovely home has a beautifully landscaped fenced-in yard. The interior has an open-concept floor plan with granite countertops, stainless appliances, and a newly remodeled bathroom with floor to ceiling marble shower walls & floor tile. The living room area opens up to a tiled screened-in lanai. The recently updated kitchen nook area has been arched with beveled subway tile. 
Kihei Shores
Kihei Shores F-202
$579.9K (FS)
Great, quiet location within the complex, 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. 

Vacant Land

690 Kai Huki Cir
690 Kai Huki Circle Lot 11

This 25.33-acre parcel offers breathtaking views of Haleakala and the Pacific Ocean. Lots 1, 2, 3, 7, 12, and 15 have sold, Lots 4, 8, and 11 are under contract, and there are seven more remaining lots. Set atop 130 ft. bluffs at Opana Point, at the northernmost point of Maui’s North Shore.

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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