May 2012 - Barry Brown Team

June 8, 2012 

441 Ala Makani Place 

Kahului, Maui, HI 96732-3507 

Phone: 808-873-8585 ~ Fax: 808-871-8911 

Direct: 808-270-4646 

E-mail: Terry@RAMaui.com 

Maui May 2012 Sales Statistics 

Aloha all! 

Brief Maui Statistics Overview: 

Page 4 - May's Sales Volume – May’s Residential and Condo Sales declined to 64 homes sold, and 

111 Condo units sold. Land sales increased to 16 lots sold. The month of May Sales decline in homes 

and condos is typical of most years after the winter-high season contracted sales close in March and 

April. 

Page 5 - May's Median SALES prices –The Residential home median price declined to $382,250, while 

the Condo median price declined to $336,000. Land median price declined to $330,000. 

Page 6 - Days on Market for Residential homes = 102, Condos = 199 DOM, Land = 159 DOM. 

(General DOM Note: this is the average DOM for the properties that SOLD. If predominantly OLD 

inventory sells, it will move this indicator upward, and vice versa. RAM's Days on Market are calculated 

from List Date to Closing Date [not contract date]. As such, it includes approximately 60 days of escrow 

time.) Also – Short Sale transactions can often take 4-6 months to close thereby extending the 

marketplace’s average DOM. 

Pages 10 - 14 – "Year to Date Sales" numbers only compare January – May 2012 to January– May 

2011. Short timeframe (monthly) views do not necessarily reflect the longer timeframe trends. For a 

more comprehensive view, compare to 2011's Year-End (Dec. 2011) figures available at: 

http://www.ramaui.com/UserFiles/File/Stats/All-Dec2011.pdf 

Year to Date: 

Residential unit sales decreased (-9 units YTD/ -2%), average sold price = $666,036 (-9%), median 

price = $435,000 (-3%) and total dollar volume sold = $235,110,693 (-11%). 

Condo unit sales exactly matched this point last year (544 units YTD / 0% change), average sold price 

= $477,828 (-9%), median price = $347,333 (+6%). Total Condo dollar volume sold = $259,938,675 

(-9%). 

Land – NOTE: Land Lot sales are such a small sampling that statistics in this property class are 

not necessarily reliable indicators. Land lot sales increased (+10 units YTD / +18%), average sold 

price = $551,704 (-20%), median price = $365,000 (+10%), Total dollar volume = $36,412,450 (-6%). 

Total sales for immediate past 12 months: Residential = 893 (with 43% being REO or Short Sale), 

Condo = 1,156 (35% REO or SS), Land = 143 (17.5% REO or SS). 

June 8, 2012 - Active/Pending/Contingent status inventory: 

June May April Mar. Feb. Jan. 12 Dec.11 Nov. Oct. Sept. Aug. July June 

Homes 728 749 766 756 761 782 792 792 801 840 871 869 917 

Condos 998 1,066 1,113 1,148 1,173 1,119 1,102 1,104 1,096 1,119 1,120 1,124 1,159 

Land 483 521 536 542 499 508 523 529 528 528 531 515 532 

Current Absorption Rate base on this month’s Active inventory divided by May Sales is: 

Residential = 11.4 months, Condo = 9 months, Land = 30 months. 

Overview Page 1 of 2

IN A NUT SHELL...... 

the good, the bad….. AND THE ROAD AHEAD …… 

Well priced properties are attracting multiple offers making for a quick sale. Inventories have declined 13-20% 

over the past 12 months in Residential and Condo classes. Many short sales and REO (bank owned) properties 

are being absorbed as sales as we begin to move ahead to a more normal marketplace. Mortgage Interest Rates 

are still near historic record lows which may help motivate would-be Buyers to go ahead and buy IF they can 

qualify. While general U.S. economic news looks cautiously hopeful, current World and US events will have ripple 

effects on cost of living, consumer confidence, Financial and Real Estate Markets. 

FOR SELLERS: Sellers who don’t really need to sell (just “fishing?”) should stay off the market, and clear the 

marketplace for those who REALLY have to sell. UNLESS- you are motivated to Upsize, Downsize or 

Upgrade – While selling now will “net” less, your next property will cost less. Sharpen your pencil, talk to 

your CPA and Realtor® to explore the hidden benefits or consequences. Make no assumptions that will 

sting later. 

To be successful, Sellers need to beat competing properties with better property condition, REALISTIC pricing, 

good marketing, and flexible, creative terms (Seller Second Loan, Agreement of Sale, Lease-with-option-to-buy, 

and Sale-with-lease-back to seller). Days on Market figures show that properties priced right will sell in a 

reasonable timeframe, often with multiple offers. “Priced Right” is still the determining factor. 

BEST Deals are selling, everything else is getting old. 

Pro-Active Sellers are getting their properties appraised, inspected and surveyed in advance to encourage 

realistic offers from knowledgeable Buyers. This can prevent unanticipated escrow fallout or Buyers whittling your 

price down during the transaction when previously unknown facts come to light. Unrealistic Sellers continue to 

be ignored by the market and miss current opportunities that later become woefully apparent. They may even 

end up in a Short Sale or Foreclosure situation that could have been avoided if priced properly. 

FOR BUYERS: Very Low interest rates prevail, however could inch up. Buyers should get Pre-Approved so 

they can shop in confidence (fewer last minute disappointments due to non-funding loans). 

More "short-sales" and foreclosures are happening in the marketplace, yet they can be less of a bargain than they 

seem, requiring more hurdles to leap and more time (often 4-6 months) to close, if at all. 

Be prepared, but BE REALISTIC. Lenders are much more stringent now on requirements for loan approval. 

First-Time Home Buyers – Many programs are available….. Attend a First-Time Home Buyers workshop, get 

familiar with the process, get qualified/approved, do your homework to get your own home. Many current owners 

never thought they would be able to own until they attended a workshop, discovered they could own a home, 

and are glad they did. 

This low point in the market is your rare chance, so check it out carefully. 

Disclaimer: Zooming in on the figures of a specific geographic area or property type may lead to different 

conclusions that looking at the overall view. 

Maui's market place is much smaller than Oahu's, and a few high or low sales have a greater effect on the 

statistical numbers without necessarily indicating a big market swing one way or another. 

For questions regarding today’s market, please call our RAM 2012 President, Bob Lightbourn at 

808-283-4384. 

If you have any questions regarding hard numbers, call Terry at 808-270-4646. 

Mahalo, 

Terry Tolman 

RAM Chief Staff Executive 

Overview Page 2 of 2

Single Family Monthly Sales Volume 

For Month Ending 5/31/2012 

Area Name 

Current Month 

Units Volume Median 

Previous Month 


Year Ago Month 


Central 25 $9,487,800 $340,000 17 $6,200,000 $350,000 24 $9,376,000 $385,000 

Haiku 5 $2,811,000 $425,000 9 $6,936,100 $730,000 4 $3,802,000 $977,500 

Hana 0 $0 $0 1 $450,000 $450,000 1 $208,550 $208,550 

Kaanapali 2 $2,110,000 $1,055,000 0 

$0 $0 2 $2,950,000 $1,475,000 

Kapalua 0 $0 $0 0 

$0 $0 2 $11,700,000 $5,850,000 

Kihei 13 $5,745,250 $410,000 12 $7,887,845 $476,000 9 $5,401,000 $452,500 

Kula/Ulupalakua/Kanaio 3 $1,967,500 $790,000 9 $6,443,000 $700,000 6 $8,457,500 $858,750 

Lahaina 1 $440,000 $440,000 3 $2,160,000 $630,000 5 $5,672,500 $1,320,000 

Lanai 1 $150,000 $150,000 2 $495,000 $247,500 0 $0 $0 

Makawao/Olinda/Haliimaile 4 $948,199 $245,000 6 $3,064,000 $377,000 3 $760,000 $250,000 

Maui Meadows 1 $2,600,000 $2,600,000 3 $3,045,000 $1,100,000 0 $0 $0 

Molokai 0 $0 $0 1 $200,000 $200,000 2 $1,359,000 $679,500 

Nahiku 0 $0 $0 1 $299,000 $299,000 0 $0 $0 

Napili/Kahana/Honokowai 2 $1,170,000 $585,000 6 $4,336,400 $675,750 3 $9,350,000 $1,975,000 

Olowalu 1 $1,150,000 $1,150,000 0 

$0 $0 0 $0 $0 

Pukalani 0 $0 $0 5 $2,016,000 $469,000 6 $2,226,000 $367,000 

Sprecklesville/Paia/Kuau 4 $2,533,000 $441,500 2 $1,865,000 $932,500 2 $2,149,000 $1,074,500 

Wailea/Makena 2 $2,018,100 $1,009,050 2 $3,084,000 $1,542,000 2 $6,465,000 $3,232,500 

Maui Summary : 64 $33,130,849 $382,250 79 $48,481,345 $469,000 71 $69,876,550 $418,000 

SOURCE: REALTORS Association of Maui - www.RAMaui.com 

MLS Sale data - Information deemed reliable, however not guaranteed Page 1

Condominium Monthly Sales Volume 


Area Name 

Current Month 






Central 10 $1,932,490 $199,000 11 $2,237,990 $200,000 12 $3,027,380 $239,500 

Hana 1 $485,000 $485,000 1 $465,000 $465,000 0 $0 $0 

Kaanapali 18 $10,830,900 $434,950 17 $9,374,500 $434,900 17 $16,193,550 $655,000 

Kapalua 2 $3,640,000 $1,820,000 5 $2,552,500 $485,000 2 $1,474,000 $737,000 

Kihei 42 $13,262,500 $275,000 48 $16,173,905 $238,000 37 $12,426,386 $162,000 

Lahaina 6 $2,649,000 $302,500 5 $3,391,755 $389,000 9 $6,987,880 $253,500 

Lanai 2 $1,794,000 $897,000 0 

$0 $0 1 $1,760,000 $1,760,000 

Maalaea 1 $75,000 $75,000 3 $1,332,000 $420,000 2 $461,000 $230,500 

Molokai 0 $0 $0 1 $95,000 $95,000 2 $348,500 $174,250 

Napili/Kahana/Honokowai 20 $7,158,600 $343,000 20 $7,240,901 $325,000 19 $5,476,095 $245,000 

Pukalani 0 $0 $0 1 $345,000 $345,000 1 $349,000 $349,000 

Sprecklesville/Paia/Kuau 1 $260,000 $260,000 0 

$0 $0 0 $0 $0 

Wailea/Makena 8 $15,892,000 $1,205,000 17 $25,158,500 $965,000 12 $21,786,500 $1,750,000 

Maui Summary : 111 $57,979,490 $336,000 129 $68,367,051 $399,000 114 $70,290,291 $349,500 



Land Monthly Sales Volume 


Area Name 

Current Month 






Central 5 $965,000 $160,000 1 $6,100 $6,100 2 $270,000 $135,000 

Haiku 2 $609,000 $304,500 3 $1,591,500 $387,500 0 $0 $0 

Hana 1 $550,000 $550,000 0 

$0 $0 0 $0 $0 

Kaanapali 0 $0 $0 1 $375,000 $375,000 5 $2,530,000 $500,000 

Kapalua 1 $800,000 $800,000 0 

$0 $0 1 $950,000 $950,000 

Keanae 0 $0 $0 0 

$0 $0 1 $260,000 $260,000 

Kihei 2 $1,140,000 $570,000 0 

$0 $0 0 $0 $0 

Kula/Ulupalakua/Kanaio 1 $2,200,000 $2,200,000 0 

$0 $0 0 $0 $0 

Lahaina 1 $320,000 $320,000 0 

$0 $0 1 $1,000,000 $1,000,000 

Lanai 0 $0 $0 0 

$0 $0 1 $3,612,500 $3,612,500 

Makawao/Olinda/Haliimaile 0 $0 $0 1 $355,000 $355,000 0 $0 $0 

Molokai 1 $215,000 $215,000 0 

$0 $0 3 $472,110 $26,010 

Napili/Kahana/Honokowai 0 $0 $0 1 $275,000 $275,000 0 $0 $0 

Olowalu 0 $0 $0 1 $575,000 $575,000 0 $0 $0 

Pukalani 1 $225,000 $225,000 0 

$0 $0 1 $190,000 $190,000 

Wailea/Makena 1 $5,450,000 $5,450,000 0 

$0 $0 0 $0 $0 

Maui Summary : 16 $12,474,000 $330,000 8 $3,177,600 $365,000 15 $9,284,610 $275,000 

SOURCE: REALTORS Association of Maui - www.RAMui.com 


Sales Unit Volume By Month 


180 

160 

140 

120 

100 

80 

60 

40 

20 

0 

Jan-07 

Mar-07 

May-07 

2007 

Jul-07 

Sep-07 

Nov-07 

Jan-08 

Mar-08 


Jul-08 

Sep-08 

Nov-08 

Jan-09 

2008 

Mar-09 


Jul-09 

Con Lnd Re s 

2009 

Sep-09 

Nov-09 

Jan-10 

Mar-10 


Jul-10 

Sep-10 

Nov-10 

Jan-11 

Mar-11 

2010 

2011 


Jul-11 

Sep-11 

Nov-11 

Jan-12 

Mar-12 


2012 

Month 

Single 

Family 

Condo Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Jan 

Feb 

106 99 15 

104 84 30 

57 89 7 

76 95 24 

31 110 3 

34 84 6 

48 75 12 

54 95 7 

54 87 9 

59 98 7 

50 91 8 

78 83 12 

Mar 

Apr 

May 

Jun 

Jul 

Aug 

Sep 

131 95 17 

96 117 26 

101 111 29 

112 113 26 

86 99 13 

83 115 10 

74 84 16 

95 92 10 

78 94 8 

97 84 9 

76 56 11 

97 68 7 

66 56 6 

66 56 7 

56 71 14 

50 42 11 

60 52 8 

65 55 8 

59 78 12 

53 66 3 

54 63 10 

72 125 12 

91 162 15 

81 105 16 

81 106 9 

61 69 15 

69 81 7 

65 98 7 

89 125 11 

89 120 14 

71 114 15 

81 102 14 

68 98 14 

81 86 12 

80 84 12 

82 130 22 

79 129 8 

64 111 16 

Oct 

Nov 

Dec 

80 112 17 

83 86 16 

87 73 14 

81 51 4 

66 29 4 

55 43 2 

74 61 8 

67 70 17 

90 82 11 

64 73 6 

58 66 7 

73 93 14 

74 77 8 

76 77 9 

79 89 9 


MLS Sales data - Information deemed reliable, however not guaranteed Page 4

Sales Median By Month 


$700,000 

$600,000 

$500,000 

$400,000 

$300,000 

$200,000 

$100,000 

$0 

Jan-07 

Apr-07 

Jul-07 

Oct-07 

Jan-08 

Apr-08 

Jul-08 

Oct-08 

Jan-09 

Apr-09 

Jul-09 

Oct-09 

Jan-10 

Apr-10 

Jul-10 

Oct-10 

Jan-11 

Apr-11 

Jul-11 

Oct-11 

Jan-12 

Apr-12 

Jul-12 

Oct-12 

Con Lnd Res 

Month 

Jan 

Single 

Family 

2007 

Condo 

Land 

602000 600000 700000 

Single 

Family 

2008 

Condo 

Land 

Single 

Family 

2009 

Condo 

Land 

563225 610000 600000 558000 820000 70000 

Single 

Family 

2010 

Condo 

Land 

464500 404000 516300 

Single 

Family 

2011 

Condo 

Land 

495415 295000 300000 

Single 

Family 


Condo 

Land 

399000 330000 330000 

Feb 

635000 596000 342000 

624391 575000 1195000 545000 692500 262500 

504150 424000 350000 

440000 371200 282500 

513750 287000 333925 

Mar 

625000 469500 550000 

620000 538500 537500 504500 480000 1669250 

460000 499000 600000 

450000 289000 500000 

435000 368043 467500 

Apr 


Jun 

Jul 

Aug 

671000 485000 843750 

653746 531325 550000 

667000 475000 682500 

650000 510000 575000 

639996 592000 662500 

577500 600000 477000 497000 411000 1100000 

567000 512500 600000 482500 399000 665000 

606000 577500 700000 495000 469000 441000 

610000 615000 1025000 532000 417000 322500 

645000 647500 422505 500000 371250 999990 

465000 450000 540000 

442000 410000 547500 

480000 435000 360000 

500000 390000 400000 

460000 310000 387500 

500000 338603 382500 

418000 349500 275000 

429000 294500 302000 

394500 320000 340000 

410000 266000 189500 

469000 399000 365000 

382250 336000 330000 

Sep 

586000 599000450000 

537500 442500 290500 440000 307500 712500 

440000 315635 285000 

412000 334950 330000 

Oct 

591000 552000 450000 

510000 420000 590000 488500 400842 382450 

427500 320000 207500 

482500 310000 465000 

Nov 

631900 640156 465000 

475500 399000 507140 465000 399000 450000 

445000 349990 425000 

422500 265000 505000 

Dec 

582002 626000 650000 

570000 577680 2171300 477000 401500 420000 

460000 352000 394850 

411000 304000 375000 


MLS Sales data - Information deemed reliable, however not guaranteed Page 5

Sales Days on Market By Month 


700 

600 

500 

400 

300 

200 

100 

0 

Jan-07 

Apr-07 

Jul-07 

Oct-07 

Jan-08 

Apr-08 

Jul-08 

Oct-08 

Jan-09 

Apr-09 

Jul-09 

Oct-09 

Jan-10 

Apr-10 

Jul-10 

Oct-10 

Jan-11 

Apr-11 

Jul-11 

Oct-11 

Jan-12 

Apr-12 

Jul-12 

Oct-12 

Con Lnd Re s 

2007 

2008 

2009 

2010 

2011 


Month 

Single 

Family 

Condo Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Single 

Family 

Condo 

Land 

Jan 

Feb 

113 180 162 

138 174 432 

151 223 379 

134 141 679 

176 1126 496 

199 1152 228 

224 247 248 

127 229 351 

112 180 240 

147 192 180 

165 144 168 

153 172 371 

Mar 

Apr 


Jun 

Jul 

Aug 

Sep 

150 152 230 

167 145 197 

158 153 184 

186 152 314 

146 161 147 

112 175 203 

137 157 231 

162 176 137 

138 175 164 

183 140 227 

154 147 180 

167 172 218 

209 140 174 

174 180 217 

163 203 108 

137 212 195 

150 127 337 

111 115 300 

212 190 230 

159 216 427 

158 135 185 

138 233 230 

153 179 162 

132 192 200 

131 184 174 

119 132 292 

118 202 124 

122 129 169 

150 185 231 

146 142 362 

138 201 175 

141 145 150 

150 201 219 

136 179 82.5 

117 158 136 

136 171 173 

156 170 253 

102 199 159 

Oct 

Nov 

Dec 

165 143 163 

163 204 259 

176 200 181 

158 186 93 

142 160 312 

159 200 88 

190 143 384 

168 192 284 

154 178 111 

181 141 220 

166 147 196 

153 172 190 

187 140 140 

140 163 317 

155 126 211 



Single Family Median Prices by Area 


Current Month Information 

Central 

Haiku 

Hana 

Kaanapali 

Kapalua 

Kihei 

Kula/Ulupalakua/ Kanaio 

Lahaina 

Lanai 

M akawao/Olinda/Haliimaile 

M aui M eadows 

Molokai 

Nahiku 

Napili/Kahana/Honokowai 

Olowalu 

Pukalani 

Sprecklesville/Paia/Kuau 

Wailea/ M akena 

0 250,000 500,000 750,000 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000 

Area Current Month Previous Month Year Ago Month 

Central 

$340,000 $350,000 $385,000 

Haiku 

$425,000 $730,000 $977,500 

Hana 

$0 $450,000 $208,550 

Kaanapali 

$1,055,000 $0 $1,475,000 

Kapalua 

$0 $0 $5,850,000 

Kihei 

$410,000 $476,000 $452,500 

Kula/Ulupalakua/Kanaio 

$790,000 $700,000 $858,750 

Lahaina 

$440,000 $630,000 $1,320,000 

Lanai 

$150,000 $247,500 $0 

Makawao/Olinda/Haliimaile 

$245,000 $377,000 $250,000 

Maui Meadows 

$2,600,000 $1,100,000 $0 

Molokai 

$0 $200,000 $679,500 

Nahiku 

$0 $299,000 $0 


$585,000 $675,750 $1,975,000 

Olowalu 

$1,150,000 $0 $0 

Pukalani 

$0 $469,000 $367,000 


$441,500 $932,500 $1,074,500 

Wailea/Makena 

$1,009,050 $1,542,000 $3,232,500 



Condominium Median Prices by Area 



$2,000,000 

$1,800,000 

$1,600,000 

$1,400,000 

$1,200,000 

$1,000,000 

$800,000 

$600,000 

$400,000 

$200,000 

$0 

Central 

Hana 

Kaanapali 

Kapalua 

Kihei 

Lahaina 

Lanai 

Maalaea 

Molokai 


Pukalani 


Wailea/Makena 


Central 

$199,000 $200,000 $239,500 

Hana 

$485,000 $465,000 $0 

Kaanapali 

$434,950 $434,900 $655,000 

Kapalua 

$1,820,000 $485,000 $737,000 

Kihei 

$275,000 $238,000 $162,000 

Lahaina 

$302,500 $389,000 $253,500 

Lanai 

$897,000 $0 $1,760,000 

Maalaea 

$75,000 $420,000 $230,500 

Molokai 

$0 $95,000 $174,250 


$343,000 $325,000 $245,000 

Pukalani 

$0 $345,000 $349,000 


$260,000 $0 $0 

Wailea/Makena 

$1,205,000 $965,000 $1,750,000 



Land Median Prices by Area 



Central 

Haik u 

Hana 

Kaanapali 

Kapalua 

Keanae 

Kihe i 


Lahaina 

Lanai 


Molokai 

Napili/Kahana/Honokow ai 

Olow alu 

Pukalani 

Wailea/Makena 

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 


Central 

Haiku 

Hana 

Kaanapali 

Kapalua 

Keanae 

Kihei 


Lahaina 

Lanai 


Molokai 


Olowalu 

Pukalani 

Wailea/Makena 

$160,000 $6,100 $135,000 

$304,500 $387,500 $0 

$550,000 $0 $0 

$0 $375,000 $500,000 

$800,000 $0 $950,000 

$0 $0 $260,000 

$570,000 $0 $0 

$2,200,000 $0 $0 

$320,000 $0 $1,000,000 

$0 $0 $3,612,500 

$0 $355,000 $0 

$215,000 $0 $26,010 

$0 $275,000 $0 

$0 $575,000 $0 

$225,000 $0 $190,000 

$5,450,000 $0 $0 


MLS Sale data - Information deemed reliable, however not guaranteedc Page 9

Single Family Year To Date Sales Information 

Comparing 1/1/2012 thru 5/31/2012 with 1/1/2011 thru 5/31/2011 

Number of Sales 

Average Sales Price 

Median Sales Price 

Total Dollar Volume 

Area 

Current 

YTD 

Sales 

Year 

Ago 

YTD 

Changes 

Units % 

Current 

YTD 

Average 

Year Ago 

YTD 

Average 

Percent 

Change 

Current 

YTD 

Median 

Year Ago 

YTD 

Median 

Percent 

Change 

Current 

YTD 

Volume 

Year Ago 

YTD 

Volume 

Percent 

Change 

Central 98 106 -8 -8% $389,279 $403,650 -4% $362,500 $385,000 -6% $38,149,299 $42,786,910 -11% 

Haiku 30 17 13 76% $727,817 $779,424 -7% $671,000 $700,000 -4% $21,834,500 $13,250,200 65% 

Hana 4 1 3 300% $421,225 $208,550 102% $399,950 $208,550 92% $1,684,900 $208,550 708% 

Kaanapali 9 16 -7 -44% $1,647,111 $1,207,563 36% $1,195,000 $931,000 28% $14,824,000 $19,321,000 -23% 

Kahakuloa 1 0 1 N/A $749,900 $0 N/A $749,900 $0 N/A $749,900 $0 N/A 

Kapalua 2 5 -3 -60% $2,880,000 $6,230,000 -54% $2,880,000 $3,250,000 -11% $5,760,000 $31,150,000 -82% 

Kihei 67 62 5 8% $565,860 $535,545 6% $444,000 $412,500 8% $37,912,595 $33,203,800 14% 

Kula/Ulupalakua/Kanaio 26 28 -2 -7% $781,692 $768,032 2% $607,500 $539,500 13% $20,324,000 $21,504,890 -5% 

Lahaina 17 18 -1 -6% $559,971 $1,134,028 -51% $435,000 $845,000 -49% $9,519,500 $20,412,500 -53% 

Lanai 8 3 5 167% $219,375 $283,333 -23% $195,000 $270,000 -28% $1,755,000 $850,000 106% 

Makawao/Olinda/Haliimaile 22 24 -2 -8% $441,350 $447,056 -1% $307,000 $322,500 -5% $9,709,699 $10,729,350 -10% 

Maui Meadows 10 10 0 0% $1,298,500 $926,290 40% $1,025,000 $774,500 32% $12,985,000 $9,262,900 40% 

Molokai 3 8 -5 -63% $339,167 $427,847 -21% $270,000 $364,500 -26% $1,017,500 $3,422,775 -70% 

Nahiku 2 0 2 N/A $262,000 $0 N/A $262,000 $0 N/A $524,000 $0 N/A 

Napili/Kahana/Honokowai 16 14 2 14% $886,900 $1,153,553 -23% $608,250 $701,500 -13% $14,190,400 $16,149,736 -12% 

Olowalu 1 1 0 0% $1,150,000 $414,000 178% $1,150,000 $414,000 178% $1,150,000 $414,000 178% 

Pukalani 14 30 -16 -53% $445,993 $543,377 -18% $479,500 $492,500 -3% $6,243,900 $16,301,308 -62% 

Sprecklesville/Paia/Kuau 10 11 -1 -9% $589,300 $706,373 -17% $403,000 $545,000 -26% $5,893,000 $7,770,100 -24% 

Wailea/Makena 13 8 5 63% $2,375,654 $2,214,375 7% $1,253,100 $1,305,000 -4% $30,883,500 $17,715,000 74% 

Maui Summary: 

353 362 -9 -2% $666,036 $730,533 -9% $435,000 $450,000 -3% $235,110,693 $264,453,019 -11% 



Condominium Year To Date Sales Information 






Area 

Current 

YTD 

Sales 

Year 

Ago 

YTD 

Changes 

Units % 

Current 

YTD 

Average 

Year Ago 

YTD 

Average 

Percent 

Change 

Current 

YTD 

Median 

Year Ago 

YTD 

Median 

Percent 

Change 

Current 

YTD 

Volume 

Year Ago 

YTD 

Volume 

Percent 

Change 

Central 48 57 -9 -16% $198,132 $209,130 -5% $176,500 $199,000 -11% $9,510,350 $11,920,415 -20% 

Hana 2 0 2 N/A $475,000 $0 N/A $475,000 $0 N/A $950,000 $0 N/A 

Kaanapali 78 64 14 22% $581,285 $859,538 -32% $459,900 $652,500 -30% $45,340,200 $55,010,400 -18% 

Kapalua 18 10 8 80% $1,080,194 $861,430 25% $570,500 $611,000 -7% $19,443,500 $8,614,300 126% 

Kihei 192 196 -4 -2% $330,950 $320,124 3% $246,500 $243,500 1% $63,542,415 $62,744,306 1% 

Lahaina 31 30 1 3% $375,501 $530,408 -29% $345,000 $343,603 0% $11,640,518 $15,912,240 -27% 

Lanai 3 7 -4 -57% $793,000 $1,303,557 -39% $585,000 $1,050,400 -44% $2,379,000 $9,124,900 -74% 

Maalaea 13 18 -5 -28% $337,451 $290,092 16% $287,000 $287,075 0% $4,386,866 $5,221,650 -16% 

Molokai 2 7 -5 -71% $77,500 $138,914 -44% $77,500 $161,000 -52% $155,000 $972,400 -84% 

Napili/Kahana/Honokowai 104 96 8 8% $344,411 $290,223 19% $315,000 $256,000 23% $35,818,701 $27,861,394 29% 

Pukalani 2 2 0 0% $358,500 $334,500 7% $358,500 $334,500 7% $717,000 $669,000 7% 

Sprecklesville/Paia/Kuau 1 0 1 N/A $260,000 $0 N/A $260,000 $0 N/A $260,000 $0 N/A 

Wailea/Makena 50 57 -7 -12% $1,315,903 $1,525,614 -14% $762,500 $850,000 -10% $65,795,125 $86,960,000 -24% 

Maui Summary: 

544 544 0 0% $477,828 $523,917 -9% $347,333 $326,750 6% $259,938,675 $285,011,005 -9% 



Fee Simple Condominium Year To Date Sales Information 






Area 

Current 

YTD 

Sales 

Year 

Ago 

YTD 

Changes 

Units % 

Current 

YTD 

Average 

Year Ago 

YTD 

Average 

Percent 

Change 

Current 

YTD 

Median 

Year Ago 

YTD 

Median 

Percent 

Change 

Current 

YTD 

Volume 

Year Ago 

YTD 

Volume 

Percent 

Change 

Central 48 57 -9 -16% $198,132 $209,130 -5% $176,500 $199,000 -11% $9,510,350 $11,920,415 -20% 

Hana 2 0 2 N/A $475,000 $0 N/A $475,000 $0 N/A $950,000 $0 N/A 

Kaanapali 71 58 13 22% $609,482 $910,317 -33% $459,900 $685,000 -33% $43,273,200 $52,798,400 -18% 

Kapalua 18 10 8 80% $1,080,194 $861,430 25% $570,500 $611,000 -7% $19,443,500 $8,614,300 126% 

Kihei 190 196 -6 -3% $330,671 $320,124 3% $245,000 $243,500 1% $62,827,415 $62,744,306 0% 

Lahaina 28 29 -1 -3% $407,179 $547,250 -26% $348,338 $350,000 0% $11,401,018 $15,870,240 -28% 

Lanai 3 7 -4 -57% $793,000 $1,303,557 -39% $585,000 $1,050,400 -44% $2,379,000 $9,124,900 -74% 

Maalaea 10 10 0 0% $399,787 $386,615 3% $365,000 $363,750 0% $3,997,866 $3,866,150 3% 

Molokai 2 6 -4 -67% $77,500 $151,750 -49% $77,500 $168,000 -54% $155,000 $910,500 -83% 

Napili/Kahana/Honokowai 89 70 19 27% $347,335 $319,756 9% $320,000 $262,500 22% $30,912,801 $22,382,894 38% 

Pukalani 2 2 0 0% $358,500 $334,500 7% $358,500 $334,500 7% $717,000 $669,000 7% 

Sprecklesville/Paia/Kuau 1 0 1 N/A $260,000 $0 N/A $260,000 $0 N/A $260,000 $0 N/A 

Wailea/Makena 50 57 -7 -12% $1,315,903 $1,525,614 -14% $762,500 $850,000 -10% $65,795,125 $86,960,000 -24% 

Maui Summary: 

514 502 12 2% $489,538 $549,524 -11% $350,000 $344,995 1% $251,622,275 $275,861,105 -9% 



Leasehold Condominium Year To Date Sales Information 






Area 

Current 

YTD 

Sales 

Year 

Ago 

YTD 

Changes 

Units % 

Current 

YTD 

Average 

Year Ago 

YTD 

Average 

Percent 

Change 

Current 

YTD 

Median 

Year Ago 

YTD 

Median 

Percent 

Change 

Current 

YTD 

Volume 

Year Ago 

YTD 

Volume 

Percent 

Change 

Kaanapali 7 6 1 17% $295,286 $368,667 -20% $249,000 $241,000 3% $2,067,000 $2,212,000 -7% 

Kihei 2 0 2 N/A $357,500 $0 N/A $357,500 $0 N/A $715,000 $0 N/A 

Lahaina 3 1 2 200% $79,833 $42,000 90% $34,000 $42,000 -19% $239,500 $42,000 470% 

Maalaea 3 8 -5 -63% $129,667 $169,438 -23% $88,000 $158,750 -45% $389,000 $1,355,500 -71% 

Molokai 0 1 -1 -100% $0 $61,900 -100% $0 $61,900 -100% $0 $61,900 -100% 

Napili/Kahana/Honokowai 15 26 -11 -42% $327,060 $210,712 55% $207,000 $81,250 155% $4,905,900 $5,478,500 -10% 

Maui Summary: 

30 42 -12 -29% $277,213 $217,855 27% $225,000 $150,000 50% $8,316,400 $9,149,900 -9% 



Land Year To Date Sales Information 






Area 

Current 

YTD 

Sales 

Year 

Ago 

YTD 

Changes 

Units % 

Current 

YTD 

Average 

Year Ago 

YTD 

Average 

Percent 

Change 

Current 

YTD 

Median 

Year Ago 

YTD 

Median 

Percent 

Change 

Current 

YTD 

Volume 

Year Ago 

YTD 

Volume 

Percent 

Change 

Central 17 8 9 113% $264,359 $409,400 -35% $180,000 $149,500 20% $4,494,100 $3,275,200 37% 

Haiku 10 5 5 100% $448,550 $436,000 3% $368,750 $300,000 23% $4,485,500 $2,180,000 106% 

Hana 2 0 2 N/A $442,500 $0 N/A $442,500 $0 N/A $885,000 $0 N/A 

Kaanapali 5 11 -6 -55% $416,000 $495,773 -16% $400,000 $525,000 -24% $2,080,000 $5,453,500 -62% 

Kahakuloa 1 3 -2 -67% $140,000 $295,138 -53% $140,000 $280,000 -50% $140,000 $885,415 -84% 

Kapalua 2 4 -2 -50% $1,200,000 $907,500 32% $1,200,000 $975,000 23% $2,400,000 $3,630,000 -34% 

Keanae 0 1 -1 -100% $0 $260,000 -100% $0 $260,000 -100% $0 $260,000 -100% 

Kihei 4 4 0 0% $606,250 $1,432,500 -58% $570,000 $330,000 73% $2,425,000 $5,730,000 -58% 

Kipahulu 0 0 0 N/A $0 $0 N/A $0 $0 N/A $0 $0 N/A 

Kula/Ulupalakua/Kanaio 7 4 3 75% $1,042,571 $391,250 166% $1,000,000 $372,500 168% $7,298,000 $1,565,000 366% 

Lahaina 5 4 1 25% $773,000 $801,250 -4% $950,000 $895,000 6% $3,865,000 $3,205,000 21% 

Lanai 0 1 -1 -100% $0 $3,612,500 -100% $0 $3,612,500 -100% $0 $3,612,500 -100% 

Makawao/Olinda/Haliimaile 2 1 1 100% $322,500 $259,000 25% $322,500 $259,000 25% $645,000 $259,000 149% 

Molokai 6 7 -1 -14% $150,333 $143,177 5% $54,000 $130,000 -58% $902,000 $1,002,236 -10% 

Napili/Kahana/Honokowai 2 1 1 100% $271,425 $265,000 2% $271,425 $265,000 2% $542,850 $265,000 105% 

Olowalu 1 0 1 N/A $575,000 $0 N/A $575,000 $0 N/A $575,000 $0 N/A 

Pukalani 1 1 0 0% $225,000 $190,000 18% $225,000 $190,000 18% $225,000 $190,000 18% 

Wailea/Makena 1 1 0 0% $5,450,000 $7,300,000 -25% $5,450,000 $7,300,000 -25% $5,450,000 $7,300,000 -25% 

Maui Summary: 

66 56 10 18% $551,704 $693,087 -20% $365,000 $332,500 10% $36,412,450 $38,812,851 -6%

May 2012 - Barry Brown Team

Create successful ePaper yourself

Delete template?

Save as template?