Jeannie Kong REALTOR®(S) 808-276-1832 Reta Chin-Chiarella, VP Development Heleena Oliveira Business REALTOR®(S) RChinChiarella@ortc.com 808-280-1951
MAUI STATISTICS MAY 2014 RESIDENTIAL Central
38
2014 Median Price $429,000
2013 2014 2013 Median CONDOMINIUM Units Units Price $451,700 Central 11 12
2014 2013 Units Units 29
Cell 808-268-6554
2014 Median Price $330,000
Haiku
5
8
$785,000
$508,500 Haiku
-
-
Hana
0
2
$0
$709,000 Hana
0
0
$0
Kaanapali
1
2
$3,035,000
27
19
$1,075,000
Kahakuloa
-
-
-
-
-
-
Kapalua
0
4
3
2
$1,725,000
Kihei
18
12
$517,125
33
47
$310,000
Kula/Ulu/Kan
7
6
$1,175,000
$519,500 Kula/Ulu/Kan
-
-
Lahaina
5
6
$1,550,000
$542,250 Lahaina
8
15
$460,000
Lanai
0
2
$222,500 Lanai
0
1
$0
Maalaea
-
-
0
8
$0
Makawao/Olin/Halii
7
5
$600,000
Maui Meadows
1
4
$3,000,000
Molokai
1
2
$224,000
$0
$0 -
0
0
$0
Napili/Kah/Hono
5
3
$600,000
Olowalu
-
-
-
4
7
$547,500
Sprecks/Paia/Kuau
0
3
$0 $2,467,500
2
5
MAUI SUMMARY
85
109
$568,500 Kihei
$540,000
Maalaea
$675,000 Makawao/Olin/Halii $1,400,000 Maui Meadows $858,900 Molokai $0 Nahiku $662,000 Napili/Kah/Hono -
Pukalani
Kahakuloa
$2,975,000 Kapalua
-
Nahiku
Wailea/Makena
$1,315,000 Kaanapali
Olowalu
-
-
-
3
2
2014 Median Price $218,000
2013 Median Price $223,875
Haiku
2
3
$875,000
$400,000
1
1
$1,000,000
$175,000
$700,000 Kaanapali
3
2
$577,866
$608,263
1
1
$1,600,000
$235,000
$639,500 Kapalua
0
1
$0
$1,098,000
$364,000 Kihei
5
2
$320,000
$280,000
2
1
$807,000
$1,800,000
2
0
$987,500
$0
0
1
$0
$140,000
-
-
-
-
-
Kahakuloa
Kula/Ulu/Kan
$370,835 Lahaina $1,500,000 Lanai $327,500 Maalaea
-
-
-
-
Makawao/Olin/Halii
-
-
-
-
-
-
-
-
Maui Meadows
-
-
-
-
0
0
0
1
-
-
23
19
-
-
$0 $463,000 -
-
-
$750,000 Sprecks/Paia/Kuau
1
1
$279,000
10
14
$1,325,000
116
139
$476,000
$549,000 MAUI SUMMARY
2014 2013 Units Units
$475,000 Hana -
$549,000 Pukalani $4,000,000 Wailea/Makena
2013 Median LAND Price $270,000 Central
-
$0 Molokai -
Nahiku
$395,000 Napili/Kah/Hono
$0
$95,000
0
1
$0
$220,000
0
2
$0
$260,000
0
1
$0
$3,775,000
-
Olowalu
-
Pukalani
0
0
$0
$0
$295,000 Sprecks/Paia/Kuau
1
0
$575,000
$0
$0
$1,225,000
$575,000
$267,500
$960,000 Wailea/Makena
0
1
$380,000 MAUI SUMMARY
20
19*
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
CURRENT ABSORPTION RATE MAY-2014 RESIDENTIAL 7.8 mo CONDOMINIUM 7.4 mo LAND
20.5 mo.
May-2013 5.7 mo 5.8 mo 22.1 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 948 (14.8%) 1,351 (9%) 217 (7.4%)
2013 976 (27.6%) 1,255 (15%) 187 (15.5%)
2014 SINGLE FAMILY Year to Date
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013 SINGLE FAMILY YEAR TO DATE Makawao/Olin/Halii Kihei Lahaina Kula/Ulu/Kan Hana Kaanapali Wailea/Makena Central Kapalua Haiku Sprecks/Paia/Kuau Lanai Napili/Kah/Hono Maui Meadows Molokai Pukalani Kahakuloa Keanae Nahiku Olowalu MAUI SUMMARY
NUMBER OF SALES Current YTD Sales
23 73 20 25 2 9 15 105 5 26 11 9 11 7 4 16 0 0 1 1 363
Year Ago YTD
16 66 19 24 2 9 16 117 6 33 14 12 15 12 7 29 0 0 0 0 397
Percent Change
44% 11% 5% 4% 0% 0% -6% -10% -17% -21% -21% -25% -27% -42% -43% -45% N/A N/A N/A N/A -9%
MEDIAN SALES PRICE
AVERAGE SALES PRICE Current YTD Average
Sprecks/Paia/Kuau Maui Meadows Lanai Lahaina Napili/Kah/Hono Kula/Ulu/Kan Pukalani Kihei Haiku Kaanapali Central Makawao/Olin/Halii Kapalua Wailea/Makena Hana Molokai Kahakuloa Keanae Nahiku Olowalu MAUI SUMMARY
$2,774,318 $2,227,186 $1,105,000 $1,295,625 $1,213,627 $965,851 $667,344 $807,352 $857,750 $2,055,902 $451,153 $553,424 $3,419,400 $3,318,033 $459,000 $277,250 $0 $0 $233,000 $1,425,000 $993,203
Year Ago YTD Average
$1,219,750 $1,161,917 $597,292 $730,937 $745,300 $713,646 $509,931 $627,889 $679,744 $1,659,444 $456,347 $564,494 $3,882,500 $3,959,219 $709,000 $493,813 $0 $0 $0 $0 $825,992
Current YTD Median
Percent Change
127% 92% 85% 77% 63% 35% 31% 29% 26% 24% -1% -2% -12% -16% -35% -44% N/A N/A N/A N/A 20%
Lahaina Sprecks/Paia/Kuau Kula/Ulu/Kan Lanai Haiku Makawao/Olin/Halii Kaanapali Kihei Pukalani Kapalua Central Napili/Kah/Hono Maui Meadows Molokai Hana Wailea/Makena Kahakuloa Keanae Nahiku Olowalu MAUI SUMMARY
Year Ago YTD Median
$1,223,750 $1,375,000 $865,000 $440,000 $792,500 $561,250 $1,800,000 $596,000 $578,250 $3,250,000 $423,286 $690,000 $1,175,000 $237,000 $459,000 $2,108,000 $0 $0 $233,000 $1,425,000 $577,500
$550,000 $617,000 $565,000 $305,000 $600,000 $430,750 $1,500,000 $512,050 $508,000 $2,975,000 $407,938 $730,000 $1,325,000 $358,000 $709,000 $3,375,000 $0 $0 $0 $0 $530,000
Percent Change
123% 123% 53% 44% 32% 30% 20% 16% 14% 9% 4% -5% -11% -34% -35% -38% N/A N/A N/A N/A 9%
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
Total Dollar Volume 2014 $360,532,565 2013 $327,918,648 10%
SINGLE FAMILY
2014 CONDOMINIUM Year to Date
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013 CONDO YEAR TO DATE Molokai Napili/Kah/Hono
NUMBER OF SALES Current YTD Sales
Year Ago YTD
AVERAGE SALES PRICE Current YTD Average
Percent Change
5
3
67%
Lanai
101
86
17%
Lahaina
Year Ago YTD Average
MEDIAN SALES PRICE Current YTD Average
Percent Change
$1,583,333
$494,588
220%
$582,452
$342,294
70%
Year Ago YTD Average
Percent Change
Lanai
$1,700,000
$97,375
1646%
Maalaea
$530,000
$322,500
64%
Central
67
58
16%
Maalaea
$540,458
$327,002
65%
Molokai
$140,000
$91,000
54%
Kaanapali
85
74
15%
Molokai
$156,498
$115,375
36%
Kapalua
$1,087,000
$795,000
37%
Kihei
196
179
9%
Wailea/Makena
$1,564,495
$1,190,754
31%
Lahaina
$450,000
$350,300
28%
Kapalua
16
15
7%
Kaanapali
$1,190,408
$924,542
29%
Kaanapali
$824,900
$687,450
20%
Wailea/Makena
43
56
-23%
Kapalua
$1,453,156
$1,124,767
29%
Wailea/Makena
$1,012,500
$877,000
15%
Lahaina
31
43
-28%
Central
$271,657
$232,682
17%
Central
$265,000
$244,250
8%
2
3
-33%
Napili/Kah/Hono
$437,235
$386,837
13%
Napili/Kah/Hono
$375,000
$347,500
8%
12
22
-45%
Kihei
$387,523
$367,995
5%
Kihei
$313,500
$320,000
-2%
Lanai
3
8
-63%
Sprecks/Paia/Kuau
$274,500
$263,000
4%
Sprecks/Paia/Kuau
$274,500
$294,000
-7%
Hana
0
1
-100%
$0
$475,000
-100%
Hana
$0
$475,000
-100%
0
0
N/A
Pukalani
Pukalani
$0
$0
N/A
561
548
2%
MAUI SUMMARY
MAUI SUMMARY
$420,000
$371,750
13%
Sprecks/Paia/Kuau Maalaea
Pukalani MAUI SUMMARY
Hana
$0
$0
N/A
$642,866
$533,000
21%
*All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.
Total Dollar Volume 2014 $360,647,587 2013 $292,083,996 23%
CONDOMINIUM
2014 LAND Year to Date
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013 LAND YEAR TO DATE Hana Kaanapali Makawao/Olin/Halii Kula/Ulu/Kan Lahaina Central Kihei Nahiku Napili/Kah/Hono Wailea/Makena Haiku Kahakuloa Molokai Sprecks/Paia/Kuau Kapalua Lanai Maui Meadows Olowalu Kaupo Pukalani MAUI SUMMARY
NUMBER OF SALES Current YTD Average
6 16 3 11 7 8 9 1 2 4 6 1 2 1 1 0 0 0 0 1 79
Year Ago YTD Average
1 5 1 7 5 7 8 1 3 6 12 3 6 4 5 3 2 1 0 0 80
AVERAGE SALES PRICE Current YTD Average
Percent Change
500% 220% 200% 57% 40% 14% 13% 0% -33% -33% -50% -67% -67% -75% -80% -100% -100% -100% N/A N/A -1%
Hana Kahakuloa Napili/Kah/Hono Haiku Lahaina Wailea/Makena Nahiku Kihei Kaanapali Central Kapalua Makawao/Olin/Halii Sprecks/Paia/Kuau Kula/Ulu/Kan Molokai Lanai Maui Meadows Olowalu Kaupo Pukalani MAUI SUMMARY
$1,206,167 $1,600,000 $681,500 $783,333 $1,053,429 $1,243,750 $227,500 $403,222 $610,476 $360,813 $1,075,000 $317,500 $575,000 $558,955 $87,500 $0 $0 $0 $0 $200,000 $669,438
Year Ago YTD Average
$175,000 $233,333 $323,333 $529,083 $767,800 $1,160,000 $220,000 $397,500 $641,077 $399,162 $1,274,600 $450,000 $980,000 $1,144,571 $192,750 $630,000 $510,000 $3,775,000 $0 $0 $687,363
MEDIAN SALES PRICE Current YTD Average
Percent Change
589% 586% 111% 48% 37% 7% 3% 1% -5% -10% -16% -29% -41% -51% -55% -100% -100% -100% N/A N/A -3%
Kahakuloa Hana Napili/Kah/Hono Haiku Wailea/Makena Kula/Ulu/Kan Kihei Nahiku Central Kapalua Lahaina Sprecks/Paia/Kuau Kaanapali Makawao/Olin/Halii Molokai Lanai Maui Meadows Olowalu Kaupo Pukalani MAUI SUMMARY
Year Ago YTD Average
$1,600,000 $235,000 $480,000 $175,000 $681,500 $275,000 $560,000 $399,500 $1,355,000 $1,150,000 $675,000 $615,000 $320,000 $310,000 $227,500 $220,000 $246,500 $249,000 $1,075,000 $1,098,000 $730,000 $784,000 $575,000 $672,500 $576,933 $715,000 $352,500 $450,000 $87,500 $140,000 $0 $750,000 $0 $510,000 $0 $3,775,000 $0 $0 $200,000 $0 $512,000 $450,000
Percent Change
581% 174% 148% 40% 18% 10% 3% 3% -1% -2% -7% -14% -19% -22% -38% -100% -100% -100% 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.
Total Dollar Volume 2014 $52,885,615 2013 $54,989,021 -4%
Information is deemed reliable but not guaranteed. Information resourced from RAM MLS
LAND