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 1065 August 2nd, 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 (4)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Hawaiian Designed House and Cottage
   892 S Kihei Rd 2   

892 South Kihei Road

$6.895M (FS)

Does your property have hurricane protections?

Hurricane season in Hawaii runs from June 1 to November 30 each year. Adding
hurricane protections to homes in Hawaii is a great way to safeguard your property from
hurricane damage.

According to the Associated Press, “Two-thirds of the single-family homes on Hawaii’s
most populous island have no hurricane protections. This year’s return of El Nino is
highlighting this weakness because it boosts the odds that more tropical cyclones will
travel through Hawaii’s waters this summer and fall.” Hawaii’s most populous island is
Oahu, an island of 1 million people.

Gary Chock, licensed structural engineer, commented that a home built to code today
would withstand a Category 3 hurricane (winds up to 130 mph). Homes built before the
building code changes aren’t required to have these features. Chock also said that
many of Hawaii’s single family homes are single wall construction, a style phased out
only in the 1970’s.

Here are some common ways to protect your home:
Roof Strapping - Roof strapping involves adding metal straps or clips to connect the roof
to the walls of the home. This can help prevent the roof from lifting off the home during
a hurricane.

Foundation Anchoring - Anchoring your home’s foundation to the ground can help
prevent it from being lifted in high winds. This involves adding metal brackets between
the foundation and the structure of the home.

Hurricane Shutters - Hurricane shutters are durable and easy-to-use option for
protecting your windows. They can be made of metal, plywood, or polycarbonate.

Keep in mind that some hurricane protections may be required by building codes or
insurance policies. It’s always a good idea to consult with a licensed contractor or
engineer to determine the best hurricane protection measures for your home.

The state is looking at some nonprofit and volunteer programs that could help
homeowners with updating their homes with hurricane protections.

Mahalo Nui Loa,

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

The Smith Team

P.S. One of my favorite local restaurants that I’ve been going to since I was a kid is
Tasty Crust located in Wailuku (opened in 1942). They are known for their fluffy
pancakes, but they also make a good saimin bowl, opakapaka plate lunch, beef tomato
dish, and corn beef hash plate. So many choices at low prices.
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Market Watch
248 (211)
115 (79)
811 (479)
219 (109)
197 (113)
1031 (350)
132 (64)
 38 (9)
196 (59)
599 (384)
350 (201)
2038 (888)
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

39 Aeloa Rd
39 Aeloa Road
$1.45M (FS)
This pleasant house and cottage enjoy sweeping views of Maui’s central valley, northern coastline, the Pacific ocean, and the beautiful West Maui Mountains, while also boasting an Upcountry location desired for its convenience to the beach and businesses. The 3 bedroom, 2.5 bath main home and 1 bedroom, 1 bath cottage are comfortable, well-designed, and move-in ready.
12 Lio Poele
12 Lio Poele Place
$1.525M (FS)
This single level 3 bedroom, 2 bath home is located in the highly desirable south Kihei neighborhood of Ke Ali'i Kai. This well maintained home boasts an open floor plan that opens to a beautiful lanai and yard with a hot tub. Situated on a cul-de-sac, this lovely home offers privacy and tranquility. 
3230 Pikai Way
3230 Pikai Way
$2.5M (FS)
This 3 bedroom 3 bath home has had several updates over the past few years and enjoys a large pool with a relaxing lanai area. The delightful gated courtyard entrance and lush landscaping with numerous palms gives this home a true Hawaiian feel. 
1180 Halepaka
1180 Halepaka Place
$2.849M (FS)
A charming property featuring 4 bedroom, 4 bath main home and an attached 1/1 ohana. This property is nestled on a quiet cul-de-sac allowing for privacy plus serenity, all while being within minutes from all that Lahaina has to offer. Boasting unrivaled potential, this home offers a flexible layout and design, making it a perfect family home.

Homes Under $1M

3305 Laulima
3305 Laulima Lane
$785K (FS)
This stunning real estate listing features a lovely 2 bedroom, 2 bathroom CPR home, detached laundry room and shed for additional storage located in the Upcountry of Maui. With breathtaking mountain views, this property offers a serene and picturesque setting. The house has been fully renovated, ensuring a modern and comfortable living space.
 80 Kaniela St 
80 Kaniela Street
$799K (FS)
This charming 2 bedroom, 1 bath home features a bonus bedroom leading onto the back lanai. Enjoy the convenience of walking to shops, parks, restaurants and schools. There is a detached backyard studio/workspace with AC. It's perfect for an office or extra living area. The backyard is fully fenced for pets and ready to build a garden, already having banana, lime, and Lilikoi trees.
139 Mehani Place
$858.6K (FS)
Bank Owned. This 1978 built single-family residence sits on an approximately 7568sqft lot with approximately 3981sqft of living space, including a garage, fenced yard, and deck & patio space. It will need repairs but has so much potential. Make it your own. Jump on this great deal before it disappears.

Vacation Condos Over $1M

 Kaanapali Royal 2 
Kaanapali Royal G-201
$1.295M (FS)
This is a spacious 2 bedroom 2 bath unit with approximately 1,534 S. F. of living area all on the same level. The large 495 sq. ft. lanai overlooks the manicured grounds with the glow of sunset visible and Molokai in the far distance. In this gated community, there is a beautiful heated pool, spa, barbecue area and two hard-surface fully-lighted tennis courts.
Wailea Ekahi
Wailea Ekahi 49-A
$1.85M (FS)
This charming and remodeled 1 Bed 2 Bath unit, awaits you in the highly sought-after Wailea Ekahi III. Embrace the true essence of Hawai'i as you relax on your private patio and enjoy breathtaking ocean views amidst your own serene garden. Inside, you'll be delighted by the recent upgrades and renovations completed in 2020. 
Kapalua Golf Villas 2
Kapalua Golf Villas 23T6-7
$1.925M (FS)
This exquisite villa is a true gem, offering a peaceful retreat in one of Maui's most sought-after locations. Whether you're seeking a second home, a short-term vacation rental, or a forever home, this property checks all the boxes. Step inside and be greeted by the harmonious blend of modern luxury and island charm.
Wailea Point
Wailea Point 2502
$6.65M (FS)
This spacious 3 bedroom, 4 bathroom residence features vaulted ceilings, wonderful natural light and airflow and new wall to wall windows that highlight the spectacular ocean views and sunsets. For year round outdoor living and winter whale watching, there is an expansive lanai off the living room and kitchen.

Vacation Condos Under $1M

Kaanapali Shores
Kaanapali Shores 622
$775K (LH)
A captivating West Maui resort sprawling over 10 acres of paradise. Nestled amidst pristine white sands, lush tropical gardens, and enchanting cascading waterfalls, this investment property promises an extraordinary escape for discerning investors like you. Indulge in a world of leisure and relaxation with the resort's impressive amenities.
Kamaole Sands
Kamaole Sands 8-104
$849K (FS)
This property is close to all that Wailea and Kihei offer for shopping, activities and dining. Unit 8-104 is a ground floor fully furnished vacation rental condominium. Located in Building 8, this unit is usually cool with just the doors open however, there is a living room wall AC and a portable AC in the bedroom if needed. 
Aina - Nalu A208
$925K (FS)
This 2 bedroom 2 bathroom condo can be utilized as a vacation rental and/or use as a second home. Unit features high beam ceilings, AC's in each room, comes fully furnished, has a strong rental history, future bookings and has been well maintained. All future reservations must be honored. 

Residential Condos Over $1M

Masters 2301
$1.35M (FS)
Unit encompassing 1,544 sf with 2 bedrooms and 2 bathrooms, this exceptional ground-floor unit boasts panoramic ocean views, a highly-desired open concept layout and an exceptional location, situated just atop the 9th hole of the Ka'anapali Golf Course. Feel a true sense of aloha as you walk through the door with charmful Hawaiiana interiors.

Residential Condos Under $1M

85 Walaka Street 8

$399K (FS)
Affordable fee simple condo with an excellent location. Just a five to ten minute stroll to get to Charley Young Beach for swimming or Cove Park for surfing. Five minute drive to shopping, coffee, grocery stores and restaurants. There is a bus stop at the bottom of the street. This quiet upstairs unit near the end of a dead end street has a modest ocean view.
Maui Lani Terraces E-102
$499.9K (FS)
Step into this fully remodeled unit at Maui Lani Terrace, and relax with a peek a boo view of the ocean. Located in the near middle of the complex unit sits in a location to let you enjoy the unit while watching the day go by. 
Kamoa Views
Kamoa Views 302
$520K (FS)
This is a 1 bedroom 1 bath residential condo is approximately a block and a half away from one of South Maui’s favorite surf spots “The Cove” and close to several other beautiful Kihei beaches, shopping, restaurants, golf and all that Maui has to offer. This cute condo offers a large lanai for relaxing garden views and morning sunrises.
Haleakala Gardens
Haleakala Gardens 19-H
$649K (FS)
A rare 3 bedroom 2 bath condo in Kihei walking distance to beach. Haleakala Gardens is a favorite project for it's sprawling grounds, plenty of parking and close proximity to the beach. Enjoy no one above you in this 2nd floor unit with vaulted ceilings. newer carpet and vinyl flooring. Flooring and baths were updated in 2021. 

Vacant Land

Pohaku Aeko St Lot
Pohaku Aeko Street Lot 29
$1.199M (FS)
Stunning views in every direction from lot 29 of the Ukumehame Subdivision. This 3.6 acre Agriculturally property is situated at the top of Pohaku Aeko St with truly panoramic ocean views to the west and breathtaking mountain views to the east. Right across the street from 1,000 Peaks beach, this is a prime location for ocean sports lovers. 

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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