MAUI STATISTICS
Reta Chin-Chiarella, VP Business Development
RChinChiarella@ortc.com Cell 808-268-6554
SEPTEMBER 2014
RESIDENTIAL Central Haiku Hana Kaanapali Kahakuloa Kapalua Kaupo Keanae Kihei Kipahulu Kula/Ulu/Kanaio Lahaina Lanai Maalaea Makawao/Olin/Halii Maui Meadows Molokai Nahiku Napili/Kah/Hono Olowalu Pukalani Sprecks/Paia/Kuau Wailea/Makena MAUI SUMMARY
2014 2013 Units Units 32 8 3 1 12 0 7 4 3 5 5 1 0 7 3
38 7 1 0 13 0 4 5 5 6 0 0 1 3 1
4
1
95
85
2014 Median Price $449,500 $745,575 $1,500,000 $4,900,000 $502,500 $0 $680,000 $565,356 $800,000 $390,000 $1,093,500 $575,000 $0 $550,000 $875,000
2013 Median Price
2014 2013
CONDOMINIUM Units Units
$417,454 $580,000 $1,100,000 $0 $580,000 $0 $538,000 $480,000 $380,000 $510,000 $0 $0 $950,000 $631,001 $1,070,000
Central Haiku Hana Kaanapali Kahakuloa Kapalua Kaupo Keanae Kihei Kipahulu Kula/Ulu/Kanaio Lahaina Lanai Maalaea Makawao/Olin/Halii Maui Meadows Molokai Nahiku Napili/Kah/Hono Olowalu Pukalani Sprecks/Paia/Kuau $1,350,000 $1,610,000 Wailea/Makena $570,000 $470,000 MAUI SUMMARY
10 10 3 31 3 0 1 1 12 1 -
22 16 4 39 4 2 4 1 23 1 -
7
5
79
121
2014 Median Price
2013 Median Price
LAND
$363,750 $243,750 Central Haiku Hana $930,000 $1,104,900 Kaanapali Kahakuloa $910,000 $1,362,500 Kapalua Kaupo Keanae $315,000 $339,000 Kihei Kipahulu Kula/Ulu/Kanaio $420,000 $296,250 Lahaina $0 $90,500 Lanai $405,000 $261,000 Maalaea Makawao/Olin/Halii Maui Meadows $142,500 $99,000 Molokai Nahiku $465,000 $350,000 Napili/Kah/Hono Olowalu $505,000 $460,000 Pukalani Sprecks/Paia/Kuau $675,000 $750,000 Wailea/Makena $465,000 $345,000 MAUI SUMMARY
2014 2013 Units Units 4 2 0 1 0 0 1 1 1 2 0 0 0 0 12
4 3 1 1 0 1 1 1 1 0 0 2 0 0 15
2014 Median Price
2013 Median Price
$205,000 $682,500 $0 $6,900,000 $0 $0 $360,000 $650,000 $620,000 $612,500 $0 $0 $0 $0 $520,000
$222,500 $335,000 $100,000 $850,000 $0 $59,225 $1,200,000 $360,000 $425,000 $0 $0 $530,000 $0 $0 $335,000
*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
Active Inventory as of October 9, 2014
SEPT-2014
Sept-2013
RESIDENTIAL
6.8 months
7 months
CONDOMINIUM
10.9 months
6.4 months
33 months
26.5 months
LAND
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)
2014
2013
RESIDENTIAL
956 (14.4%)
1,014 (21.4%)
CONDOMINIUM
1,231 (7.9%)
1,353 (10.4%)
199 (4%)
211 (15.6%)
LAND
2014 SINGLE FAMILY Year to Date Comparing 1/1/2014 thru 9/30/2014 with 1/1/2013 thru 9/30/2013 SINGLE FAMILY YEAR TO DATE Olowalu Kaanapali Kihei Central Makawao/Olin/Halii Wailea/Makena Kula/Ulu/Kanaio Lahaina Napili/Kah/Hono Haiku Molokai Pukalani Maui Meadows Sprecks/Paia/Kuau Kapalua Lanai Hana Kahakuloa Keanae Kipahulu Nahiku MAUI SUMMARY
NUMBER OF SALES Current YTD Sales
Year Ago YTD
Percent Change
2 23 125 219 43 25 56 40 26 55 8 38 17 19 6 14 3 0 0 1 1 721
1 13 117 219 43 25 58 42 28 60 9 44 20 25 9 27 6 2 1 0 0 749
100% 77% 7% 0% 0% 0% -3% -5% -7% -8% -11% -14% -15% -24% -33% -48% -50% -100% -100% N/A N/A -4%
AVERAGE SALES PRICE Current YTD Average
Olowalu Lanai Sprecks/Paia/Kuau Napili/Kah/Hono Lahaina Maui Meadows Kaanapali Kihei Kula/Ulu/Kanaio Pukalani Haiku Kapalua Makawao/Olin/Halii Central Wailea/Makena Molokai Hana Kahakuloa Keanae Kipahulu Nahiku MAUI SUMMARY
$3,562,500 $1,097,500 $2,053,671 $1,224,188 $1,197,830 $1,543,488 $1,844,592 $766,064 $884,132 $607,117 $726,729 $3,666,167 $574,291 $464,210 $3,420,720 $277,625 $428,333 $0 $0 $500,000 $233,000 $910,315
Year Ago YTD Average
$1,175,000 $531,163 $1,047,480 $822,625 $846,381 $1,136,200 $1,468,462 $616,244 $745,326 $537,739 $683,808 $3,606,862 $566,335 $462,853 $3,695,500 $531,965 $833,833 $413,150 $469,500 $0 $0 $779,400
MEDIAN SALES PRICE Current YTD Average
Percent Change
203% 107% 96% 49% 42% 36% 26% 24% 19% 13% 6% 2% 1% 0% -7% -48% -49% -100% -100% N/A N/A 17%
Olowalu Lanai Sprecks/Paia/Kuau Kaanapali Lahaina Kula/Ulu/Kanaio Makawao/Olin/Halii Haiku Kapalua Kihei Pukalani Central Napili/Kah/Hono Maui Meadows Wailea/Makena Molokai Hana Kahakuloa Keanae Kipahulu Nahiku MAUI SUMMARY
Year Ago YTD Average
$3,562,500 $517,500 $875,000 $1,675,000 $777,500 $807,500 $475,000 $660,000 $3,800,000 $595,000 $557,500 $432,540 $755,000 $1,093,500 $2,108,000 $232,000 $367,000 $0 $0 $500,000 $233,000 $570,000
$1,175,000 $310,000 $589,000 $1,150,000 $553,750 $602,500 $420,000 $597,500 $3,500,000 $549,000 $520,000 $415,260 $811,000 $1,210,000 $2,800,000 $365,000 $705,000 $413,150 $469,500 $0 $0 $531,000
Percent Change
203% 67% 49% 46% 40% 34% 13% 10% 9% 8% 7% 4% -7% -10% -25% -36% -48% -100% -100% N/A N/A 7%
*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 $656,337,253 2013 $583,770,437 12%
SINGLE FAMILY
2014 CONDOMINIUM Year to Date Comparing 1/1/2014 thru 9/30/2014 with 1/1/2013 thru 9/30/2013
CONDO YEAR TO DATE Sprecks/Paia/Kuau
NUMBER OF SALES Current YTD Sales
Year Ago YTD
AVERAGE SALES PRICE Current YTD Average
Percent Change
Year Ago YTD Average
MEDIAN SALES PRICE Current YTD Median
Percent Change
Year Ago YTD Median
Percent Change
3
3
0%
Sprecks/Paia/Kuau
$1,133,000
$263,000
331%
Kapalua
$1,202,000
$862,500
39%
Central
117
122
-4%
Kapalua
$2,360,161 $1,147,469
106%
Molokai
$125,000
$91,000
37%
Kaanapali
125
130
-4%
Maalaea
$444,950
$339,146
31%
Central
$275,000
$221,000
24%
Napili/Kah/Hono
164
170
-4%
Central
$285,544
$224,266
27%
Maalaea
$385,000
$325,000
18%
Kihei
306
331
-8%
Lahaina
$474,382
$381,960
24%
Pukalani
$505,000
$429,000
18%
Kapalua
28
32
-13%
Molokai
$124,272
$105,025
18%
Lahaina
$410,000
$359,000
14%
Wailea/Makena
76
88
-14%
Pukalani
Lahaina
49
73
-33%
Kaanapali
Maalaea
26
45
-42%
Napili/Kah/Hono
Pukalani
1
2
-50%
Wailea/Makena
Lanai
5
17
-71%
Kihei
Hana
0
1
-100%
Haiku
2
0
N/A
913
1019
-10%
MAUI SUMMARY
$505,000
$429,000
18%
Kaanapali
$820,000
$760,000
8%
$1,132,151
$991,647
14%
Napili/Kah/Hono
$403,375
$383,750
5%
$439,823
$393,941
12%
Wailea/Makena
$1,000,000
$957,375
4%
$1,401,081 $1,310,534
7%
Kihei
$315,000
$320,000
-2%
Sprecks/Paia/Kuau
$279,000
$294,000
-5% -100%
$392,345
$380,983
3%
Hana
$0
$475,000
-100%
Hana
$0
$475,000
Haiku
$599,900
$0
N/A
Haiku
$599,900
$0
N/A
MAUI SUMMARY
$645,363
$542,959
19%
MAUI SUMMARY
$420,000
$375,000
12%
*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 $589,216,711 2013 $553,275,663 6%
CONDOMINIUM
2014 LAND Year to Date Comparing 1/1/2014 thru 9/30/2014 with 1/1/2013 thru 9/30/2013 LAND YEAR TO DATE Hana Kaanapali Makawao/Olin/Halii Kula/Ulu/Kanaio Kihei Lahaina Nahiku Olowalu Central Sprecks/Paia/Kuau Napili/Kah/Hono Pukalani Haiku Kapalua Maui Meadows Molokai Wailea/Makena Kahakuloa Kaupo Lanai Keanae MAUI SUMMARY
NUMBER OF SALES Current YTD Sales
9 19 7 13 14 11 1 1 18 4 3 3 14 3 1 4 4 1 0 0 1 131
Year Ago YTD
2 9 4 11 12 10 1 1 19 5 5 5 26 6 2 11 12 4 1 4 0 150
AVERAGE SALES PRICE Current YTD Average
Percent Change
350% 111% 75% 18% 17% 10% 0% 0% -5% -20% -40% -40% -46% -50% -50% -64% -67% -75% -100% -100% N/A -13%
Kahakuloa Hana Kapalua Napili/Kah/Hono Makawao/Olin/Halii Kaanapali Haiku Lahaina Pukalani Central Nahiku Sprecks/Paia/Kuau Kihei Maui Meadows Wailea/Makena Molokai Kula/Ulu/Kanaio Olowalu Kaupo Lanai Keanae MAUI SUMMARY
$1,600,000 $890,300 $2,075,000 $696,000 $686,071 $944,699 $652,357 $943,091 $290,000 $340,306 $227,500 $831,250 $416,500 $475,000 $1,243,750 $89,500 $548,731 $805,000 $0 $0 $1,000,000 $697,023
Year Ago YTD Average
$227,500 $137,500 $1,203,833 $410,500 $411,625 $631,710 $548,615 $806,900 $248,000 $315,218 $220,000 $820,000 $449,083 $510,000 $1,471,188 $232,136 $1,737,455 $3,775,000 $59,225 $503,000 $0 $688,330
MEDIAN SALES PRICE Current YTD Median
Percent Change
603% 547% 72% 70% 67% 50% 19% 17% 17% 8% 3% 1% -7% -7% -15% -61% -68% -79% -100% -100% N/A 1%
Kahakuloa Hana Kapalua Napili/Kah/Hono Sprecks/Paia/Kuau Kula/Ulu/Kanaio Wailea/Makena Central Kihei Haiku Nahiku Maui Meadows Makawao/Olin/Halii Pukalani Lahaina Kaanapali Molokai Olowalu Kaupo Lanai Keanae MAUI SUMMARY
Year Ago YTD Median
Percent Change
$1,600,000 $230,000 $375,000 $137,500 $2,550,000 $974,000 $725,000 $282,500 $737,500 $345,000 $650,000 $540,000 $1,355,000 $1,150,000 $267,500 $245,000 $323,500 $312,500 $520,000 $502,000 $227,500 $220,000 $475,000 $510,000 $400,000 $445,000 $230,000 $260,000 $685,000 $827,000 $577,866 $715,000 $91,500 $132,000 $805,000 $3,775,000 $0 $59,225 $0 $445,000 $1,000,000 $0 $515,000 $400,000
596% 173% 162% 157% 114% 20% 18% 9% 4% 4% 3% -7% -10% -12% -17% -19% -31% -79% -100% -100% N/A 29%
*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 $91,309,975 2013 $103,249,506
-12%
LAND