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 1012 July 26th, 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 (5)
Condos (1)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

 Crown Jewel

9 Bay Drive
$49.5M (FS)

The Halfway Point in Paradise

We have arrived at the midpoint of 2022. One nice thing about the middle of  a year is that it provides the opportunity to pause, reflect and imagine. If the real estate market has been on your mind, now is a great time to consider how market performance and future projections might affect the decisions you have made, strategies worth considering or preparations you would like to make going forward. 


Changing markets can feel uncertain and numbers can be interpreted to suggest different outcomes depending upon your agenda or goals. Are you interested in listing your residence or condo for sale while median prices are still at an all time high? Have you recently sold an investment property and wish to find a 1031 exchange property for tax deferment? Were you hoping to buy this past year but felt out competed by cash buyers? Do you plan to wait and see what happens with interest rates and whether prices come down before entering the market? A recent report compiled by Coldwell Banker Island Properties comparies second and first quarter 2022 market data offers numerous insights which may be useful and help you make sense of today’s shifting market.


“Heading into Summer, there are signs that Maui’s market is beginning to find a balance as total sales dropped for three consecutive months while inventory increased off recent lows. With 1 in every 3 properties selling for above asking price, median prices reached new all-time highs in June for both single-family homes ($1.255 million) and condos ($832,500).”


The market may be shifting on Maui away from sellers towards buyers, but the speed of this shift is nuanced and influenced, in part, upon neighborhood and location. So depending on your circumstances and what area of the island you have property interests in, the timing may be perfect for you to sell, re-invest or buy. 


Our team has been through many different market cycles  and hope our experience may assist you in navigating this one. You can access the complete Q-2 Hawaii Market Summary  report by Coldwell Banker Island Properties comparing Q-2 2022 (April-June) vs Q-1 2022 (January-April) data for Maui, Hawaii and Kauai. The report also features some local industry partners like, Makai Mortgage, Ho’okele Title and Escrow and CB Island Vacations


Mahalo Nui Loa,

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

The Smith Team


P.S.For year-over-year stats, visit

P.P.S. If you’re in the mood for some Peruvian culinary fair, check out the new restaurant and bar, Lima Cocina in the Northshore town of Paia.

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Market Watch
244 (203)
174 (82)
1248 (705)
221 (108)
242 (121)
1946 (585)
103 (49)
 36 (11)
292 (97)
568 (360)
452 (214)
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

 2738 Ohina 
2738 Ohina Street
$1.495M (FS)
Let's take a walk through this beautiful home. Watch the sunrise from your front porch and the sunset from your roof top deck. Where you can bbq on your lanai and lots of room to run around in your fully enclosed yard. Whether your beverage of choice is coffee, tea, whisky or wine, there is a spot for them along the custom slat beverage station.
2130 Kauhikoa
2130 Kauhikoa Road
$1.595M (FS)
When peace and tranquillity is a priority in your life you must escape to the privacy of this wonderful all useable 2 acre property in Haiku. With an abundance of mature fruit trees and tropical plants on the property you will be able to enjoy 5 different varieties of avocado, plus tangerine, guava, orange and bananas. There’s also beautiful bird of paradise and many lush green ti-leaf plants.
2734 Kauhale 2
2734 Kauhale Street

$1.999M (FS)
This custom 4 bedroom home has a large master suite, 3 spacious bedrooms, a wonderful extra space that walks out to the large lush backyard with established citrus and banana trees and colorful foliage. And it gets better, this home has a fully owned photovoltaic system and a 3 car garage. The location of this home allows for walking to some of the best beaches and restaurants in south Maui.
808 Kupulau
808 Kupulau Drive

$2.888M (FS)
This 1/2 acre property is a serene oasis nestled in South Maui. Surrounded by lush landscape, not to mention the Mango, Avocado, Jamaican Lilikoi, and countless more tropical fruit trees. This home is the perfect spot to relax and take in all that Maui is, with the convenience of being minutes from Wailea. Gorgeous sunset ocean views, an expansive lanai.
106 Kaulele Place

$4.2M (FS)
This home has a great design that provides indoor/outdoor living, privacy between the bedrooms, open floor plan, optional gas fireplace, luxurious but functional kitchen, and ocean views from just about every room. Enjoy the exclusive recreational spa facility with infinity edged pool, fitness center, hydro-spa, and more.

Homes Under $1M

365 Kapanui
365 Kapanui Place
$749K (FS)
Investors and flippers this is an opportunity you don’t want to miss. Endless possibilities with this original family home in the heart of old Wailuku town built in 1954. Huge lot 10942 SF at the end of a cul-de-sac with 3/1 main home and 1/1 studio in the back. Outdoor laundry room, rear lanai and one car carport.

 5080 Hanawai 
5080 Hanawai Street

$825K (FS)
This Island Style home features 3 bedrooms, attached studio and 3 full bath and it is located in Napilihau. Master bedroom, living room and attached studio are all equipped with window a/c. All bathrooms have been recently renovated. The attached studio comes with a wet bar and a full bathroom. 
71 Meheu Cir
71 Meheu Circle

$879.9K (FS)
Come home to this beautiful 3 bedroom 2.5 bath home at the Traditions at Maui Lani. The property boasts beautiful views of Haleakala and Iao Valley mountain range. It has 23 owned photovoltaic panels, 2 split AC's, one in the master bedroom and one in the living room, ceiling fans throughout the house, corian counter top in the kitchen, and the exterior is finished with super durable hardie board.
40 Leie St
40 Leie Street

$999K (FS)
Bank Owned. Repairs are all completed and this property is now ready for the next owner to enjoy. Single family home, fresh. comfortable and spacious home in a great location in Haliimaile. New water meter was installed to give this home a new life. New improvements include a new roof, kitchen has new cabinets & countertops, stainless steel sink and disposal.

Vacation Condos Over $1M

 Kamaole Sands 
Kamaole Sands 9410

$1.099M (FS)
This unit feels open, bright and airy. When the trade winds stop, the three zoned split air conditioning will keep you nice and cool. Ocean and Haleakala views from the lanai will hopefully excite your senses and bring aloha into your life. This unit is being sold turnkey and it is just waiting for the next owner to make their own memories.
Kahana Sunset
Kahana Sunset C-1
$1.1M (FS)
Ocean views, rarely offered 2 bedroom, 2 bathroom at Kahana Sunset. Two levels with oversized lanais and views from living room and master bedroom. Split AC system Plenty of space and comfort for families. Great place to enjoy sunsets and ocean views. Pride of ownership shows with many upgrades. Resort has semi private beach and bay.

Customer Listing Synopsis

Sugar Beach Resort
Sugar Beach Resort 431
$1.165M (FS)

Wonderful rare opportunity to own a spectacular beachfront 4th floor condo with 180 degree views as there are no walls that stick out on the lanai to block your view. Condo is zoned Hotel/Resort on the quiet end of the building and has quick level access to the condo (and beach) from the upper level of the parking garage.

Customer Listing Synopsis

Puamana 41-3
$2.395M (FS)
This unit is a 2 bedroom, 2.5 bathroom luxury remodeled home from floor to ceiling. There are unobstructed ocean views as you walk into the property, from the lanai and of course, from the primary bedroom. The townhome features brand new kitchen  bathrooms, outdoor covered lanai space with fans and new air conditioning system.

Vacation Condos Under $1M

Kihei Kai
Kihei Kai 8

$669K (FS)
First-floor condo overlooking a tranquil pool, surrounded by lush palms and fragrant plumeria trees all situated on the very private and serene Sugar Beach with miles of sand perfect for long walks. Remodeled in 2018, this heavily booked short term vacation condo is being offered "Turn-Key". 
Napili Shores
Napili Shores F-248

$795K (FS)
Seldom available Unit in the "F" Building and located just a short stroll to the ocean’s edge and the famous Gazebo Restaurant. Napili Shores Resort is situated on an oceanfront parcel at Napili Bay. Low-rise and tranquil, this Napili resort garden setting is enhanced with shady monkey pod trees, fragrant plumeria blossoms, and shady coconut palms.

Customer Listing Synopsis

​Video/Virtual Tour

Kihei Parkshore
Kihei Parkshores 14
$899.9K (FS)

Beachy chic ocean view boutique small 16 unit complex with pool and ample lawn area, assigned 1 parking. Located in the heart of Kihei across the street to all you would need. Kalama skate board park, roller rink play structure area for kiddos picnic areas, volley ball, basket ball and that's just the beginning one of the best areas to learn to surf or paddle board. 

Customer Listing Synopsis

Residential Condos Over $1M

Kai Ani Village
Kai Ani Village 2-103
$1.145M (FS)
Beautiful level one unit offers a great location and spacious living with excellent amenities. Featuring 9 foot ceilings throughout, the bright, open concept living, dining and kitchen area opens to a spacious covered lanai. Eat indoors at the generous stepped granite kitchen countertop.
Kai Malu
Kai Malu 47-4
$2.095M (FS)
Aloha and welcome to your new spacious, luxury Maui townhome with oversized two-car garage in Kai Malu, nestled in the heart of Wailea. Enjoy this “Lewa” floor plan featuring beautiful ocean views and daily glowing sunsets from the primary suite with private lanai and guest bedroom on the second floor. 

Residential Condos Under $1M

  Puuone Terrace
Puuone Terrace 304
$325K (FS)
This charming and cozy one bedroom one bath unit located at Puuone Terrace, has one assigned parking stall near the elevator. The unit has new vinyl flooring in the living room, a gas stove, lots of cabinet space, and ceiling fans in both the living room and bedroom. The bathroom has a full-size bathtub and shower with lots of closet space.

Customer Listing Synopsis


Maalaea Yacht Marina
Maalaea Yacht Marina 107
$450K (LH)
Oceanfront 2 bedroom and 2 bathroom nicely updated and remodeled unit in Maalaea Yacht Marina. Unit 107 is on the ground floor and has no stairs. From your screened in lanai you can watch breaching humpback whales (November-April) and watch the “freight train”, one of the fastest and longest rideable waves in the world during summer months.
Iao Parkside
Iao Parkside 30-102
$525K (FS)
Spacious 2 bedroom 2 bath, ground floor unit at Iao Parkside on river side. Side by side parking stalls. Fronting unit, small yard area for garden and or lawn. Ideal purchase for rental income or first time home buyer. 
Cottages at Kulamalu
Cottages at Kulamalu 4
$899K (FS)
This 4 bedroom and 3 full bath abode offers both an Ocean and Haleakala View along with added privacy with its unique location in the complex. Graced with high ceilings, central air, recessed lighting, faux wood flooring, and stainless steel appliances. Solar hot water, two car garage, separate laundry room, walk-in pantry, and an outdoor entertainers area.

Vacant Land

0 Kula Hwy
0 Kula Highway 
$899K (FS)
This is a fabulous opportunity to own a 2 acre rural zoned lot across the street from King Kekaulike High School along Kula Highway before Carden Academy. Many mature trees, a super convenient location, and driveway access that only allows a turn uphill. Water meter on adjoining lot with an easement. Ocean and mountain views with a park-like setting to nestle your family home and cottage.
11 Malukai
11 Malukai Ln Lot 1
$3.95M (FS)
Maluhia the only residential oceanfront community in all of Wailea offering the last buildable lot. This corner lot is walled with mature perimeter landscaping creating a private enclave. Located at the top of the community, this property offers commanding ocean/sunset views. 
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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