Maui Real Estate First Quarter and March 2015 Report

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MAUI STATISTICS MARCH 2015

SINGLE FAMILY RESIDENCE

2015 Units

2014 Units

2015

Central

19

23

$465,918

$420,715

Haiku

7

6

$669,000

Hana

1

0

Kaanapali

1

0

PKilbride@ortc.com Cell 808-264-4289

MSalvador@ortc.com Cell 808-205-1273

2014 Units

Central

8

19

$336,250

$244,000

$780,000

Haiku

-

-

-

$895,000

$0

Hana

-

-

$1,875,000

$0

Kaanapali

17

24

Kahakuloa

-

-

Kapalua

6

6

Kihei

38

45

Kipahulu

-

Median Price

CONDOMINIUM

2015

MELISSA SALVADOR Account Executive

2015 Units

Median Price

2014

PATRICK KILBRIDE Sr. Account Executive

2015 Units

2014 Units

Central

0

1

$0

$500,000

-

Haiku

2

2

$605,000

$915,000

-

-

Hana

0

2

$0

$389,500

$1,450,000

$776,950

Kaanapali

1

2

$532,000

$739,625

-

-

Kahakuloa

1

0

$377,000

$0

$1,042,500

$837,000

Kapalua

0

1

$0

$1,075,000

$332,500

$286,000

Kihei

3

1

$525,000

$270,000

-

-

-

Kipahulu

-

-

-

-

Kula/Ulu/Kanao

2

4

$712,500

$774,000

Median Price

2014

LAND

Median Price

2015

Median Price

2014

Median Price

Kahakuloa

-

-

-

-

Kapalua

1

1

$3,196,000

$4,700,000

Kihei

16

14

$591,500

$817,500

-

-

-

-

Kula/Ulu/Kanao

12

5

$836,000

$740,000

Kula/Ulu/Kanao

0

0

$0

$0

Lahaina

2

2

$1,043,000

$537,500

Lahaina

7

9

$430,000

$409,000

Lahaina

1

0

$1,250,000

$0

Lanai

1

2

$190,000

$407,500

Lanai

0

0

$0

$0

Lanai

-

-

-

-

Maalaea

-

-

-

-

Maalaea

7

0

$320,000

$0

Maalaea

-

-

-

-

Makawao/Olin/Halii

6

2

$605,000

$530,000

Makawao/Olin/Halii

-

-

-

-

Makawao/Olin/Halii

1

1

$285,000

$200,000

Maui Meadows

2

1

$1,074,444

$7,500,000

Maui Meadows

-

-

-

-

Maui Meadows

-

-

-

-

Molokai

0

2

$0

$317,500

Molokai

3

0

$105,000

$0

Molokai

2

0

$137,000

$0

Nahiku

1

0

$367,500

$0

Nahiku

-

-

-

-

Nahiku

-

-

-

-

Napili/Kah/Hono

1

3

$1,200,000

$1,350,000

23

15

$396,000

$410,000

Napili/Kah/Hono

-

-

-

-

Olowalu

0

0

$0

$0

Olowalu

-

-

-

-

Olowalu

0

0

$0

$0

Pukalani

7

4

$625,000

$476,000

Pukalani

-

-

-

-

Pukalani

1

0

$550,000

$0

Sprecks/Paia/Kuau

5

3

$599,000

$1,400,000

Sprecks/Paia/Kuau

-

-

-

-

Sprecks/Paia/Kuau

-

-

-

-

Wailea/Makena

2

2

$8,062,500

$1,764,000

Wailea/Makena

13

9

$1,050,000

$999,000

Wailea/Makena

0

1

$0

$515,000

SUMMARY

84

70

$627,500

$590,500

SUMMARY

122

127

$442,500

$420,000

SUMMARY

14

15

$528,500

$515,000

Kipahulu

Homes

899 696

856 682

Condos

854 666

868 688

Napili/Kah/Hono

Land

900 675

871 674

858 646

890

641

963

676

977

672

1,049

716

1,062

746

1,069

747

404

399

405

406

414

407

399

401

397

393

392

383

360

Apr-14

May-14

Jun-14

Jul-14

Aug-14

Sep-14

Oct-14

Nov-14

Dec-14

Jan-15

Feb-15

Mar-15

Apr-15

Active/ PendingContinue to Show/ Contingent Status Inventory

CURRENT ABSORPTION RATE MARCH 2015

MARCH 2014

RESIDENTIAL

8.9 months

10 months

CONDOMINIUM

8.8 months

7 months

LAND

25.7 months 25.3 months Based on this month’s Active/Pending-Continue to Show Contingent Status inventory divided by July Sales. TOTAL SALES (for Immediate Past 12 months)

% of deals from either Real Estate Owned (REO) or Short Sales (SS)

As of April 8, 2015

*All information taken from Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable. Old Republic is providing this information as a free customer service and makes no warranties or representations as to its accuracy.

MARCH 2015

MARCH 2014

RESIDENTIAL

969 (12.7%)

967 (16.9%)

CONDOMINIUM

1,192 (7.8%)

1,383 (9.3%)

168 (3.6%)

214 (7.9%)

LAND


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Maui Real Estate First Quarter and March 2015 Report by LivingOnMaui - Issuu