MAUI STATISTICS
Reta Chin-Chiarella
Business Development VP RChinChiarella@ortc.com Cell 808-268-6554
APRIL 2014 2014 Median Price
2013 Median Price
2013 Median Price
$269,250
$249,000 Central
2014 Median Price
2013 Median Price
2
$193,000
$222,500
4
$750,000
$509,500
1
0
$510,000
$0
5
1
$576,000
$718,862
0
1
$0
$224,999
0
0
$0
$0
0
0
$0
$0
2013
Central
26
27
$429,973
$380,000 Central
18
15
1
Haiku
9
6
$800,000
$871,125 Haiku
-
-
-
-
Haiku
1
Hana
1
0
$168,000
$0 Hana
-
-
-
-
Hana
Kaanapali
5
3
$1,675,000
15
20
Kahakuloa
-
-
-
-
-
2014 2013
2014 Median Price
2014
RESIDENTIAL Units Units
CONDOMINIUM Units Units
$1,170,000 Kaanapali -
Kahakuloa
3
1
$3,250,000
Kihei
12
14
$667,825
$481,500 Kihei
Kula/Ulu/Kan
3
2
$875,000
$540,000 Kula/Ulu/Kan
-
-
Lahaina
4
4
$905,000
$900,000 Lahaina
7
9
$685,000
Lanai
3
2
$625,000
$297,500 Lanai
1
2
$1,300,000
Maalaea
-
-
6
4
$530,000
-
Maalaea
3 44
Makawao/Olin/Halii
6
2
$693,750
Maui Meadows
2
4
$887,500
Molokai
0
4
$0
Nahiku
1
0
$233,000
Napili/Kah/Hono
1
2
$575,000
Olowalu
-
-
Pukalani
2
3
$583,000
$470,000 Pukalani
-
-
Sprecks/Paia/Kuau
3
1
$644,500
$500,000 Sprecks/Paia/Kuau
1
1
-
Wailea/Makena
3
4
$5,900,000
MAUI SUMMARY
84
79
$583,000
$399,500 Makawao/Olin/Halii
4 56
-
Kapalua
-
$4,500,000 Kapalua
$767,500
$1,350,000 Maui Meadows $361,500 Molokai $0 Nahiku $854,000 Napili/Kah/Hono -
Olowalu
$4,487,500 Wailea/Makena $470,000 MAUI SUMMARY
LAND
$607,000 Kaanapali -
Kahakuloa
$1,062,500 $1,250,000 Kapalua $315,000 -
$312,500 Kihei -
Kula/Ulu/Kan
2014 2013 Units Units
3
1
$475,000
$299,000
$320,000 Lahaina
3
2
$575,000
$825,000
$88,500 Lanai
-
-
-
-
-
-
-
-
$295,500 Maalaea
-
-
-
-
Makawao/Olin/Halii
0
0
-
-
-
-
Maui Meadows
-
-
1
1
2
1
-
-
-
-
17
28
-
-
10
17
136
144
$140,000 $365,000 $270,000
$185,000 Molokai -
Nahiku
$313,000 Napili/Kah/Hono
$0 -
$87,500
$44,500
-
-
0
1
-
Olowalu
-
-
-
Pukalani
1
0
-
-
-
2
1
$1,650,000
$1,750,000
19
14
$510,000
$479,500
$294,000 Sprecks/Paia/Kuau
$1,006,250 $1,100,000 Wailea/Makena $403,500
$0 -
$370,000 MAUI SUMMARY
$0
$450,000
-
-
$200,000
$0 -
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
As of May 11, 2014 • Active/Pending/Contingent Sales Inventory:
CURRENT ABSORPTION RATE APR-2014 RESIDENTIAL 8.2 mo CONDOMINIUM 6.3 mo
Apr-2013 9.3 mo 8.6 mo
LAND
33.8 mo
21 mo.
Based on this month’s Active/Pending-Continue to Show Contingent Status inventory divided by April Sales.
TOTAL SALES (for Immediate Past 12 months)
% of deals from either Real Estate Owned (REO) or Short Sales (SS)
RESIDENTIAL CONDOMINIUM LAND
2014
2013
972 (15.7%) 1,374 (9.5%) 217 (7.4%)
934 (29.2%) 1,228 (16%) 185 (16.8%)
2014 SINGLE FAMILY Year to Date
Comparing 01/01/2013 thru 4/30/2013 with 01/01/2014 thru 4/30/2014 SINGLE FAMILY YEAR TO DATE Kapalua Makawao/Olin/Halii Wailea/Makena Lahaina Kaanapali Kihei Kula/Ulu/Kan Sprecks/Paia/Kuau Central Lanai Haiku Maui Meadows Molokai Pukalani Napili/Kah/Hono Hana Nahiku Olowalu Kahakuloa Keanae MAUI SUMMARY
NUMBER OF SALES Current YTD Sales
5 16 13 15 8 55 18 11 76 9 21 6 3 12 6 2 1 1 0 0 278
Year Ago YTD
2 11 11 13 7 54 18 11 79 10 25 8 5 22 12 0 0 0 0 0 288
AVERAGE SALES PRICE Current YTD Average
Changes Units %
3 5 2 2 1 1 0 0 -3 -1 -4 -2 -2 -10 -6 2 1 1 0 0 -10
150% 45% 18% 15% 14% 2% 0% 0% -4% -10% -16% -25% -40% -45% -50% N/A N/A N/A N/A N/A -3%
Napili/Kah/Hono Sprecks/Paia/Kuau Lahaina Maui Meadows Lanai Kihei Pukalani Kula/Ulu/Kan Makawao/Olin/Halii Haiku Kaanapali Central Kapalua Wailea/Makena Molokai Hana Nahiku Olowalu Kahakuloa Keanae MAUI SUMMARY
$1,679,150 $2,774,318 $1,175,733 $2,098,383 $1,105,000 $878,649 $716,875 $837,361 $545,859 $788,262 $1,933,515 $455,788 $3,419,400 $3,448,885 $295,000 $459,000 $233,000 $1,425,000 $0 $0 $1,055,947
Year Ago YTD Average
$791,108 $1,349,227 $621,023 $1,108,500 $672,250 $609,466 $499,273 $718,750 $477,900 $699,730 $1,757,857 $417,206 $3,147,500 $3,994,318 $347,778 $0 $0 $0 $0 $0 $780,615
MEDIAN SALES PRICE
Percent Change
112% 106% 89% 89% 64% 44% 44% 17% 14% 13% 10% 9% 9% -14% -15% N/A N/A N/A N/A N/A 35%
Sprecks/Paia/Kuau Lahaina Kula/Ulu/Kan Makawao/Olin/Halii Kihei Haiku Lanai Pukalani Kaanapali Central Kapalua Napili/Kah/Hono Maui Meadows Wailea/Makena Molokai Hana Nahiku Olowalu Kahakuloa Keanae MAUI SUMMARY
Current YTD Median
Year Ago YTD Median
$1,375,000 $775,000 $807,500 $543,125 $635,000 $800,000 $440,000 $582,000 $1,737,500 $416,245 $3,250,000 $850,000 $1,112,500 $2,108,000 $250,000 $459,000 $233,000 $1,425,000 $0 $0 $585,000
$545,000 $550,000 $592,500 $400,000 $487,500 $625,000 $349,250 $485,000 $1,500,000 $397,979 $3,147,500 $836,500 $1,235,000 $2,750,000 $358,000 $0 $0 $0 $0 $0 $511,500
Percent Change
152% 41% 36% 36% 30% 28% 26% 20% 16% 5% 3% 2% -10% -23% -30% N/A N/A N/A N/A N/A 14%
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
Single Family Residential Unit Sales YTD 2014 vs 2013
SINGLE FAMILY
2014 CONDOMINIUM Year to Date
Comparing 01/01/2013 thru 4/30/2013 with 01/01/2014 thru 4/30/2014 NUMBER OF SALES
CONDO YEAR TO DATE Kihei
Current YTD Sales
Year Ago YTD
AVERAGE SALES PRICE Current YTD Average
Changes Units %
163
132
31
23%
Lanai
Napili/Kah/Hono
78
67
11
16%
Lahaina
Kaanapali
58
55
3
5%
Maalaea
Central
56
46
10
22%
Kapalua
13
13
0
0%
Wailea/Makena
33
42
-9
-21%
Kaanapali
Lahaina
23
28
-5
-18%
Central
Maalaea
12
14
-2
-14%
Molokai
5
3
2
67%
Lanai
3
7
-4
-57%
Napili/Kah/Hono
Sprecks/Paia/Kuau
1
2
-1
-50%
Kapalua
Hana
0
0
0
N/A
Hana
$0
Pukalani
0
0
0
N/A
Pukalani
445
409
36
9%
MAUI SUMMARY
MAUI SUMMARY
Wailea/Makena Molokai
Year Ago YTD Average
MEDIAN SALES PRICE Current YTD Median
Percent Change
Lanai
Year Ago YTD Median
$1,583,333
$350,957
351%
$595,826
$350,107
70%
Maalaea
$540,458
$320,718
69%
Molokai
$140,000
$91,000
54%
$1,582,342 $1,105,235
43%
Lahaina
$450,000
$347,000
30%
$974,000
$795,000
23%
$156,498
$115,375
36%
Kapalua
$1,164,359
$965,316
21%
Kaanapali
$258,788
$220,194
18%
Wailea/Makena
Sprecks/Paia/Kuau
$270,000
$247,000
9%
Kihei
$395,283
$366,055
$408,198
$1,700,000
Percent Change
$530,000
$95,000 1689% $312,500
70%
$794,900
$679,900
17%
$1,000,000
$877,000
14%
Sprecks/Paia/Kuau
$270,000
$247,000
9%
8%
Napili/Kah/Hono
$356,250
$335,000
6%
$387,072
5%
Central
$255,250
$242,000
5%
$1,216,577 $1,199,423
1%
Kihei
$315,000
$299,500
5%
$0
N/A
Hana
$0
$0
N/A
$0
$0
N/A
Pukalani
$0
$0
N/A
$611,956
$530,750
15%
$403,750
$369,900
9%
MAUI SUMMARY
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
Condo Unit Sales YTD 2014 vs 2013
CONDOMINIUM
2014 LAND Year to Date
Comparing 01/01/2013 thru 4/30/2013 with 01/01/2014 thru 4/30/2014 LAND YEAR TO DATE Kaanapali Makawao/Olin/Halii Napili/Kah/Hono Kula/Ulu/Kan Central Lahaina Wailea/Makena Kihei Haiku Molokai Kapalua Kahakuloa Lanai Maui Meadows Sprecks/Paia/Kuau Hana Nahiku Pukalani Kaupo Olowalu MAUI SUMMARY
NUMBER OF SALES Current YTD Sales
13 3 2 9 5 5 4 4 4 2 1 0 0 0 0 5 1 1 0 0 59
Year Ago YTD
3 1 1 6 5 5 5 6 9 5 4 2 2 2 4 0 0 0 0 0 60
AVERAGE SALES PRICE Current YTD Average
Changes Units %
10 2 1 3 0 0 -1 -2 -5 -3 -3 -2 -2 -2 -4 5 1 1 0 0 -1
333% 200% 100% 50% 0% 0% -20% -33% -56% -60% -75% -100% -100% -100% -100% N/A N/A N/A N/A N/A -2%
Haiku Napili/Kah/Hono Lahaina Wailea/Makena Kihei Kaanapali Kapalua Makawao/Olin/Halii Central Kula/Ulu/Kan Molokai Kahakuloa Lanai Maui Meadows Sprecks/Paia/Kuau Hana Nahiku Pukalani Kaupo Olowalu MAUI SUMMARY
$737,500 $681,500 $1,079,800 $1,243,750 $466,750 $598,827 $1,075,000 $317,500 $292,600 $503,833 $87,500 $0 $0 $0 $0 $1,247,400 $227,500 $200,000 $0 $0 $664,462
Year Ago YTD Average
$411,000 $450,000 $767,800 $1,147,000 $436,667 $662,954 $1,318,750 $450,000 $469,277 $1,035,333 $212,300 $232,500 $875,000 $510,000 $980,000 $0 $0 $0 $0 $0 $680,529
MEDIAN SALES PRICE Current YTD Median
Percent Change
79% 51% 41% 8% 7% -10% -18% -29% -38% -51% -59% -100% -100% -100% -100% N/A N/A N/A N/A N/A -2%
Napili/Kah/Hono Haiku Wailea/Makena Kapalua Kula/Ulu/Kan Kihei Lahaina Central Kaanapali Makawao/Olin/Halii Molokai Kahakuloa Lanai Maui Meadows Sprecks/Paia/Kuau Hana Nahiku Pukalani Kaupo Olowalu MAUI SUMMARY
$681,500 $560,000 $1,355,000 $1,075,000 $549,000 $323,500 $730,000 $275,000 $576,000 $352,500 $87,500 $0 $0 $0 $0 $450,000 $227,500 $200,000 $0 $0 $500,000
Year Ago YTD Median
Percent Change
$450,000 $399,000 $1,075,000 $937,500 $507,500 $335,000 $784,000 $305,000 $715,000 $450,000 $150,000 $232,500 $875,000 $510,000 $672,500 $0 $0 $0 $0 $0 $509,500
51% 40% 26% 15% 8% -3% -7% -10% -19% -22% -42% -100% -100% -100% -100% N/A N/A N/A N/A N/A -2%
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
Land Unit Sales YTD 2014 vs 2013
LAND