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
SINGLE FAMILY RESIDENCE Year-to-Date Data Comparing 1/1/2015 thru 3/31/2015 with 1/1/2014 thru 3/31/2014 AVERAGE SALES PRICE
NUMBER OF SALES Current YTD Sales
Year Ago YTD
MEDIAN SALES PRICE
Current YTD Sales
Percent Change
Year Ago YTD
Percent Change
Current YTD Sales
Year Ago YTD
Percent Change
Central
69
52
33%
Central
$525,628
$452,395
16%
Central
$500,876
$411,198
Haiku
16
12
33%
Haiku
$769,297
$788,750
-2%
Haiku
$707,000
$732,500
-3%
Hana
3
1
200%
Hana
$548,300
$750,000
-27%
Hana
$500,000
$750,000
-33%
Kaanapali
9
3
200%
Kaanapali
$2,055,000
$2,416,040
-15%
Kaanapali
$1,875,000
$2,565,000
-27%
Kapalua
1
2
-50%
Kapalua
$3,196,000
$3,200,000
0%
Kapalua
$3,196,000
$3,200,000
0%
Kihei
41
43
-5%
Kihei
$832,305
$930,735
-11%
Kihei
$635,000
$600,000
6%
Kipahulu
0
0
N/A
Kipahulu
$0
$0
N/A
Kipahulu
$0
$0
N/A
Kula/Ulu/Kanao
19
15
27%
Kula/Ulu/Kanao
Lahaina
7
11
-36%
Lahaina
Lanai
5
6
-17%
Makawao/Olin/Halii
14
10
Maui Meadows
4
Molokai Nahiku
$926,145
$776,833
19%
Kula/Ulu/Kanao
$1,596,429
$1,253,273
27%
Lahaina
Lanai
$374,800
$1,342,500
-72%
40%
Makawao/Olin/Halii
$736,579
$500,625
4
0%
Maui Meadows
$1,005,972
2
3
-33%
Molokai
2
0
N/A
Nahiku
Napili/Kahana/ Hono
5
5
0%
Napili/Kahana/ Hono
Olowalu
1
1
0%
Olowalu
Pukalani
11
10
10%
Pukalani
Sprecks/Paia/Kuau
6
7
-14%
Wailea/Makena
4
10
-60%
MAUI SUMMARY
219
195
12%
$885,000
$740,000
20%
$1,500,000
$775,000
94%
Lanai
$400,000
$432,500
-8%
47%
Makawao/Olin/Halii
$482,500
$500,000
-4%
$2,703,825
-63%
Maui Meadows
$990,000
$1,175,000
-16%
$342,500
$295,000
16%
Molokai
$342,500
$250,000
37%
$316,250
$0
N/A
Nahiku
$316,250
$0
N/A
$949,000
$1,899,980
-50%
Napili/Kahana/ Hono
$985,000
$975,000
1%
$1,475,000
$1,425,000
4%
Olowalu
$1,475,000
$1,425,000
4%
$577,182
$743,650
-22%
Pukalani
$565,000
$581,250
-3%
Sprecks/Paia/Kuau
$1,053,000
$3,922,857
-73%
Sprecks/Paia/Kuau
$604,500
$4,000,000
-85%
Wailea/Makena
$4,645,000
$3,058,550
52%
Wailea/Makena
$1,452,500
$1,826,500
-20%
MAUI SUMMARY
$866,684
$1,097,519
-21%
MAUI SUMMARY
$599,000
$585,000
2%
Single Family Residence Unit Sales YTD
Single Family Residence Sales Volume YTD 2015 vs 2014
2015 vs 2014
75
2015
2014
30 15 0
x 100,000
60 45
22%
$450 $400 $350 $300 $250 $200 $150 $100 $50 $0
*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.
2015
Total Top Dollar Volume 2015 2014 Percent Change $189,803,715 $214,016,225 -11%
2014
SINGLE FAMILY RESIDENCE
CONDOMINIUM Year-to-Date Data
Comparing 1/1/2015 thru 3/31/2015 with 1/1/2014 thru 3/31/2014 AVERAGE SALES PRICE
NUMBER OF SALES Current YTD Sales
Year Ago YTD
MEDIAN SALES PRICE
Current YTD Sales
Percent Change
Year Ago YTD
Percent Change
Current YTD Sales
Central
26
38
-32%
Central
$311,606
$240,113
30%
Central
Haiku
0
0
N/A
Haiku
$0
$0
N/A
Hana
0
0
N/A
Hana
$0
$0
Kaanapali
35
43
-19%
Kaanapali
$1,348,361
Kapalua
10
9
11%
Kapalua
Kihei
103
108
-5%
Kihei
Kula/Ulu/Kanao
1
0
N/A
Kula/Ulu/Kanao
Lahaina
25
16
56%
Lahaina
Lanai
2
2
0%
Lanai
Maalaeea
12
6
100%
Molokai
8
4
Napili/Kahana/ Hono
46
Pukalani
Year Ago YTD
Percent Change
$312,500
$217,500
44%
Haiku
$0
$0
N/A
N/A
Hana
$0
$0
N/A
$1,080,497
25%
Kaanapali
$1,155,000
$794,900
45%
$1,895,200
$1,270,611
49%
Kapalua
$1,077,500
$974,000
11%
$395,661
$397,985
-1%
Kihei
$335,000
$310,750
8%
$2,570,000
$0
N/A
$437,475
$420,000
4%
$1,062,000
$1,725,000
-38%
$2,570,000
$0
N/A
Kula/Ulu/Kanao
$414,087
$556,938
-26%
Lahaina
$1,062,000
$1,725,000
-38%
Lanai
Maalaeea
$318,875
$595,000
-46%
Maalaeea
$309,500
$477,500
-35%
100%
Molokai
$94,938
$160,623
-41%
Molokai
$87,500
$164,995
-47%
61
-25%
Napili/Kahana/ Hono
$447,550
$410,273
9%
Napili/Kahana/ Hono
$420,000
$349,900
20%
0
0
N/A
Pukalani
$0
$0
N/A
Pukalani
$0
$0
N/A
Sprecks/Paia/Kuau
1
0
N/A
Sprecks/Paia/Kuau
$1,748,500
$0
N/A
Sprecks/Paia/Kuau
$1,748,500
$0
N/A
Wailea/Makena
31
23
35%
Wailea/Makena
$1,353,585
$1,612,599
-16%
Wailea/Makena
$1,026,880
$999,000
3%
MAUI SUMMARY
300
310
-3%
MAUI SUMMARY
$663,095
$608,689
9%
MAUI SUMMARY
$440,000
$406,375
8%
Condominium Unit Sales YTD
Condominium Sales Volume YTD 2015 vs 2014
2015 vs 2014
2015
2014
x 100,000
120 100 80 60 40 20 0
$500 $450 $400 $350 $300 $250 $200 $150 $100 $50 $0
*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.
2015
Total Top Dollar Volume 2015 2014 Percent Change $198,928,562 $188,693,499 5%
2014
CONDOMINIUM
LAND Year-to-Date Data
Comparing 1/1/2015 thru 3/31/2015 with 1/1/2014 thru 3/31/2014 AVERAGE SALES PRICE
NUMBER OF SALES Current YTD Sales
Year Ago YTD
MEDIAN SALES PRICE
Current YTD Sales
Percent Change
Year Ago YTD
Percent Change
Current YTD Sales
Year Ago YTD
Percent Change
Central
5
4
25%
Central
$406,090
$317,500
28%
Central
$340,000
$277,500
23%
Haiku
3
3
0%
Haiku
$616,667
$733,333
-16%
Haiku
$640,000
$370,000
73%
Hana
1
4
-75%
Hana
$380,000
$1,431,750
-73%
Hana
$380,000
$405,000
-6%
Kaanapali
3
8
-63%
Kaanapali
$594,000
$623,281
-5%
Kaanapali
$600,000
$583,875
3%
Kahakuloa
1
0
N/A
Kahakuloa
$377,000
$0
N/A
Kahakuloa
$377,000
$0
N/A
Kapalua
0
1
-100%
Kapalua
$0
$1,075,000
-100%
Kapalua
$0
$1,075,000
-100%
Keanae
0
0
N/A
Keanae
$0
$0
N/A
Keanae
$0
$0
N/A
Kihei
7
4
75%
Kihei
$460,714
$466,750
-1%
Kihei
$490,000
$323,500
51%
Kula/Ulu/Kanao
4
6
-33%
Kula/Ulu/Kanao
$612,500
$524,917
17%
Kula/Ulu/Kanao
Lahaina
3
2
50%
Lahaina
$1,021,667
$1,590,000
-36%
Lahaina
Makawao/Olin/Halii
3
3
0%
Makawao/Olin/Halii
$1,033,333
$317,500
225%
Makawao/Olin/Halii
Maui Meadows
0
0
N/A
Maui Meadows
$0
$0
N/A
Maui Meadows
Molokai
2
0
N/A
Molokai
$137,000
$0
N/A
Molokai
Nahiku
0
1
-100%
Nahiku
$0
$227,500
-100%
Nahiku
Napili/Kahana/ Hono
0
2
-100%
Napili/Kahana/ Hono
$0
$681,500
-100%
Napili/Kahana/ Hono
Olowalu
2
0
N/A
Olowalu
$875,000
$0
N/A
Olowalu
Pukalanai
2
0
N/A
Pukalanai
$1,075,000
$0
N/A
Pukalanai
Sprecks/Paia/Kuau
0
0
N/A
Sprecks/Paia/Kuau
$0
$0
N/A
Sprecks/Paia/Kuau
$712,500
$623,500
14%
$1,250,000
$1,590,000
-21%
$315,000
$352,500
-11%
$0
$0
N/A
$137,000
$0
N/A
$0
$227,500
-100%
$0
$681,500
-100%
$875,000
$0
N/A
$1,075,000
$0
N/A
$0
$0
N/A
Wailea/Makena
3
2
50%
Wailea/Makena
$850,000
$837,500
1%
Wailea/Makena
$700,000
$837,500
-16%
MAUI SUMMARY
39
40
-3%
MAUI SUMMARY
$640,601
$691,819
-7%
MAUI SUMMARY
$532,000
$497,500
7%
Land Sales YTD
Land Sales Volume YTD 2015 vs 2014
2015 vs 2014
8
2015
2014
4 2 0
x 100,000
6
$60 $50 $40 $30 $20 $10 $0
*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.
2015
Total Top Dollar Volume 2015 2014 Percent Change $24,983,450 $27,672,749 -10%
2014
LAND