Residential home sales on Maui remained steady in May at 85 homes sold, while condominium sales decreased to 116 units. The median sales price for homes decreased to $540,000, while the condo median price rose to $476,000. Land sales totaled 20 lots. Comparing year-to-date sales from January to May 2014 versus the same period in 2013, residential unit sales decreased 9% but average and median prices rose 20% and 9% respectively. Condo unit sales increased 2% year-to-date with average and median prices also up 21% and 13%. Inventory levels declined slightly for homes and condos. The market remains seller-favorable with well-priced properties

1. Overview Page 1 of 2
June 5, 2014 Maui May 2014 Statistics
Aloha all!
Brief Maui Statistics Overview:
Page 4 - May's Sales Unit Volume – Residential sales remained steady at 85 homes sold while
Condominium sales decreased somewhat to 116 units sold. Land sales came in at 20 lots sold.
Page 5 - May's Median SALES prices –The Residential median price decreased to $540,000 and
Condo median price rose to $476,000. Land median price rose to $575,000.
Page 6 - Days on Market, Residential homes = 117, Condos = 141 DOM, Land = 247 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], including approximately 60 days of escrow time.)
Pages 10 - 14 – "Year to Date Sales" numbers compare January-May 2014 to January-May 2013.
Shorter timeframe (monthly) views do not necessarily reflect the longer timeframe trends. For a more
comprehensive view, compare to 2013's Year-End (Dec. 2013) figures available at:
http://www.ramaui.com/UserFiles/File/Stats/All-December2013.pdf
YTD - Residential unit sales decreased (363 homes sold / -34 units / -9% change YTD), average sold price =
$993,203 (+20%YTD), median price = $577,500 (+9%YTD) and total dollar volume sold = $360,532,565
(+10%YTD).
YTD - Condo unit sales increased (561 units / +13 units / +2%YTD), average sold price = $642,866 (+21%YTD),
median price = $420,000 (+13%YTD). Total Condo dollar volume sold = $360,647,587 (+23% YTD).
Land – NOTE: Land Lot sales are such a small sampling that statistics in this property class are
not necessarily reliable indicators. Land lot sales decreased slightly YTD (79 lots / -1 units / -1% YTD),
average sold price = $669,438 (-3%), median price = $512,000 (14%), Total dollar volume = $52,885,615
(-4% YTD).
Total sales for immediate past 12 months: Residential = 948 (with 14.8% being REO or Short
Sale), Condo = 1,351 (9% REO or SS), Land = 217 (7.4% REO or SS).
NOTE: 45% of these Sales in the last 12 months have been CASH transactions.
As of June 5, 2014 - Active/Pending-Continue to Show/Contingent status inventory:
June ‘14 May April Mar. Feb. Jan.’14 Dec.‘13 Nov. Oct. Sept. Aug. July June ‘13
Homes 666 682 696 685 686 659 641 618 600 582 610 591 603
Condos 854 856 899 912 882 847 826 773 744 756 785 788 805
Land 405 399 404 413 402 396 400 405 398 399 387 397 398
Current Absorption Rate base on this month’s Active/Pending-Continue to Show/Contingent status
inventory divided by May Sales: Residential = 7.8 months, Condo = 7.4 months, Land = 20.5 months of
inventory.
For Absorption Rate enthusiasts who calculate only pure “Active,” (not any pending/contingent) divided
by May Sales: Residential 526 “Active”/ 85 Sold = 6.2 months. Condo 730 / 116 Sold = 6.3 mos.
Land 371 / 19 Sold = 18.6 months of inventory.
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

2. Overview Page 2 of 2
_______________________________________________________________________________________
IN A NUT SHELL...... Monthly Residential Sales Unit numbers steady, Inventory declines slightly ……
Year-to-Date prices are rising in Residential and Condo markets. Increased showings and sales, multiple
offers on “well priced” listings, hesitant buyers become onlookers…... Window of opportunity is quickly
closing for first-time homebuyers (see below). “CASH is King!” when making an offer.
Well priced properties are attracting multiple offers making for a quick sale. Inventories in Residential and
Condo classes decrease somewhat as Sale Prices increase. REO (Foreclosures) and Short Sales are
dwindling, with any “hidden inventory” (or overhang) backlog slowly trickling onto the market. Mortgage Interest
Rates are inching up slightly which may help motivate would-be Buyers to go ahead and buy IF they can qualify.
Savvy Investors are buying with Cash, giving them a strong negotiating position, no financing/appraisal
hassles and a quick closing. 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.
Rising Sales prices cause some “Owners” to become “Sellers,” putting their homes on the market.
FOR SELLERS: Sharpen your pencil, talk to your CPA and your 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, while significantly over-priced listings remain un-sold.
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.
FOR BUYERS: Low interest rates prevail; however have started to nudge up. Buyers should get Pre-
Approved so they can shop in confidence (fewer last minute disappointments due to non-funding loans).
"Short-sales" and foreclosures are still in the marketplace, yet they can be less of a bargain than they seem,
requiring more hurdles to leap and more time (often 4-6-12 months) to close, if at all.
Be prepared, but BE REALISTIC. Lenders are much more stringent on requirements now for loan approval,
compared to 2004-2008.
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.
The low point in the market has passed, so check it out carefully NOW, don’t delay. The opportunity is
fading quickly. If you can’t buy now, start saving your down payment for the next market cycle.
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.
If you have any questions regarding hard numbers, call Terry at 808-270-4602.
Mahalo,
Terry Tolman
RAM Chief Staff Executive

3. Single Family Monthly Sales Volume
For Month Ending 5/31/2014
Area Name Current Month
Units Volume Median
Previous Month
Units Volume Median
Year Ago Month
Units Volume Median
$12,731,161 $11,999,320Central 29 26$429,000 $429,973 $20,433,30038 $451,700
$5,753,000 $7,083,500Haiku 5 9$785,000 $800,000 $4,938,3008 $508,500
$0 $168,000Hana 0 1$0 $168,000 $1,418,0002 $709,000
$3,035,000 $8,220,000Kaanapali 1 5$3,035,000 $1,675,000 $2,630,0002 $1,315,000
$0 $10,697,000Kapalua 0 3$0 $3,250,000 $17,000,0004 $2,975,000
$10,610,979 $8,304,100Kihei 18 12$517,125 $667,825 $8,529,49912 $568,500
$9,073,785 $3,419,995Kula/Ulupalakua/Kanaio 7 3$1,175,000 $875,000 $4,190,0006 $519,500
$8,276,500 $3,850,000Lahaina 5 4$1,550,000 $905,000 $5,814,5006 $542,250
$0 $1,890,000Lanai 0 3$0 $625,000 $445,0002 $222,500
$3,995,000 $3,727,500Makawao/Olinda/Haliimaile 7 6$600,000 $693,750 $3,775,0005 $675,000
$3,000,000 $1,775,000Maui Meadows 1 2$3,000,000 $887,500 $5,075,0004 $1,400,000
$224,000 $0Molokai 1 0$224,000 $0 $1,717,8002 $858,900
$0 $233,000Nahiku 0 1$0 $233,000 $00 $0
$3,275,000 $575,000Napili/Kahana/Honokowai 5 1$600,000 $575,000 $1,686,1993 $662,000
$2,075,000 $1,166,000Pukalani 4 2$547,500 $583,000 $3,804,0007 $549,000
$0 $2,494,500Sprecklesville/Paia/Kuau 0 3$0 $644,500 $2,235,0003 $750,000
$4,935,000 $14,250,000Wailea/Makena 2 3$2,467,500 $5,900,000 $19,410,0005 $4,000,000
$66,984,425 $79,852,915Maui Summary : 85 84$540,000 $583,000 $103,101,598109 $549,000
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 1

4. Condominium Monthly Sales Volume
For Month Ending 5/31/2014
Area Name Current Month
Units Volume Median
Previous Month
Units Volume Median
Year Ago Month
Units Volume Median
$3,708,900 $5,367,800Central 11 18$330,000 $269,250 $3,366,62012 $270,000
$0 $0Hana 0 0$0 $0 $475,0001 $475,000
$33,651,850 $21,071,500Kaanapali 27 15$1,075,000 $767,500 $15,323,70019 $700,000
$7,435,000 $4,380,000Kapalua 3 4$1,725,000 $1,062,500 $1,279,0002 $639,500
$11,523,298 $21,897,700Kihei 33 56$310,000 $315,000 $17,551,90047 $364,000
$4,352,000 $4,793,000Lahaina 8 7$460,000 $685,000 $4,915,63515 $370,835
$0 $1,300,000Lanai 0 1$0 $1,300,000 $1,500,0001 $1,500,000
$0 $2,915,500Maalaea 0 6$0 $530,000 $2,704,0008 $327,500
$0 $140,000Molokai 0 1$0 $140,000 $00 $0
$12,321,304 $6,812,750Napili/Kahana/Honokowai 23 17$463,000 $365,000 $7,334,10019 $395,000
$279,000 $270,000Sprecklesville/Paia/Kuau 1 1$279,000 $270,000 $295,0001 $295,000
$15,055,987 $15,127,499Wailea/Makena 10 10$1,325,000 $1,006,250 $20,262,39914 $960,000
$88,327,339 $84,075,749Maui Summary : 116 136$476,000 $403,500 $75,007,354139 $380,000
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 2

5. Land Monthly Sales Volume
For Month Ending 5/31/2014
Area Name Current Month
Units Volume Median
Previous Month
Units Volume Median
Year Ago Month
Units Volume Median
$1,423,500 $193,000Central 3 1$218,000 $193,000 $447,7502 $223,875
$1,750,000 $750,000Haiku 2 1$875,000 $750,000 $2,650,0003 $400,000
$1,000,000 $510,000Hana 1 1$1,000,000 $510,000 $175,0001 $175,000
$1,982,866 $2,798,500Kaanapali 3 5$577,866 $576,000 $1,216,5252 $608,263
$1,600,000 $0Kahakuloa 1 0$1,600,000 $0 $235,0001 $235,000
$0 $0Kapalua 0 0$0 $0 $1,098,0001 $1,098,000
$1,762,000 $0Kihei 5 0$320,000 $0 $560,0002 $280,000
$1,614,000 $1,385,000Kula/Ulupalakua/Kanaio 2 3$807,000 $475,000 $1,800,0001 $1,800,000
$1,975,000 $2,219,000Lahaina 2 3$987,500 $575,000 $00 $0
$0 $0Lanai 0 0$0 $0 $140,0001 $140,000
$0 $175,000Molokai 0 2$0 $87,500 $95,0001 $95,000
$0 $0Nahiku 0 0$0 $0 $220,0001 $220,000
$0 $0Napili/Kahana/Honokowai 0 0$0 $0 $520,0002 $260,000
$0 $0Olowalu 0 0$0 $0 $3,775,0001 $3,775,000
$0 $200,000Pukalani 0 1$0 $200,000 $00 $0
$575,000 $0Sprecklesville/Paia/Kuau 1 0$575,000 $0 $00 $0
$0 $3,300,000Wailea/Makena 0 2$0 $1,650,000 $1,225,0001 $1,225,000
$13,682,366 $11,530,500Maui Summary : 20 19$575,000 $510,000 $14,157,27520 $267,500
SOURCE: REALTORS Association of Maui - www.RAMui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 3

6. Sales Unit Volume By Month
For Month Ending 5/31/2014
0
20
40
60
80
100
120
140
160
180
Jan-09M
ar-09M
ay-09Jul-09Sep-09N
ov-09Jan-10M
ar-10M
ay-10Jul-10Sep-10N
ov-10Jan-11M
ar-11M
ay-11Jul-11Sep-11N
ov-11Jan-12M
ar-12M
ay-12Jul-12Sep-12N
ov-12Jan-13M
ar-13M
ay-13Jul-13Sep-13N
ov-13Jan-14M
ar-14M
ay-14
Con Lnd Res
Jul
2009
Month Single
Family
Condo Land
2010
Single
Family
Condo Land
2011
Single
Family
Condo Land
2012
Single
Family
Condo Land
2013
Single
Family
Condo Land
Jan
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
Single
Family
Condo Land
2014
31 110 3
34 84 6
56 1471
50 42 11
60 52 8
65 56 8
59 78 12
53 66 3
54 63 10
74 61 8
67 70 17
90 82 11
48 75 12
54 95 7
72 12125
91 162 15
81 105 16
81 106 9
61 69 15
69 81 7
65 98 7
64 73 6
58 66 7
73 93 14
54 87 9
59 98 7
89 11125
89 120 14
71 114 15
81 102 14
68 98 14
81 86 12
80 84 12
74 77 8
76 77 9
79 89 9
50 91 9
78 83 12
82 22130
79 129 8
65 113 16
86 122 13
76 82 12
77 98 13
77 67 11
99 96 9
85 100 22
84 142 29
63 63 7
66 101 14
80 25101
79 144 14
109 139 20
93 125 17
93 112 13
81 113 25
85 121 15
82 99 21
75 96 23
78 120 23
65 94 13
60 88 12
69 15127
84 136 19
85 116 20
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sales data - Information deemed reliable, however not guaranteed Page 4

7. Sales Median By Month
For Month Ending 5/31/2014
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Jan-09
A
pr-09
Jul-09
O
ct-09
Jan-10
A
pr-10
Jul-10
O
ct-10
Jan-11
A
pr-11
Jul-11
O
ct-11
Jan-12
A
pr-12
Jul-12
O
ct-12
Jan-13
A
pr-13
Jul-13
O
ct-13
Jan-14
A
pr-14
Jul-14
O
ct-14
Con Lnd Res
Jul
Month
Single
Family
Condo Land
2010
Single
Family
Condo Land
2011
Single
Family
Condo Land
2012
Single
Family
Condo Land
2013
Single
Family
Condo Land
Jan
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
2014
Single
Family
Condo Land
2009
820000 70000558000
692500 262500545000
480000 1669250504500
411000 1100000497000
399000 665000482500
484500 441000495000
417000 322500532000
371250 999990500000
307500 712500440000
400842 382450488500
399000 450000465000
401500 420000477000
404000 516300464500
424000 350000504150
499000 600000460000
450000 540000465000
410000 547500442000
435000 360000480000
390000 400000500000
310000 387500460000
315635 285000440000
320000 207500427500
349990 425000445000
352000 394850460000
295000 300000495415
371200 282500440000
289000 500000450000
338603 382500500000
349500 275000418000
294500 302000429000
320000 340000394500
266000 189500410000
334950 330000412000
310000 465000482500
265000 505000422500
304000 375000411000
330000 350000399000
287000 333925513750
368043 467500435000
399000 365000469000
336000 330000382000
372990 310000575500
332000 422500488000
342450 350000509000
325000 238000425000
349995 250000485000
400000 455000465000
376000 340000508000
297000 675000550000
360000 502500537500
375000 535000509500
370000 479500470000
380000 267500549000
400000 469260599000
357625 425000488000
420000 350000585000
345000 335000470000
360000 376000540000
350000 547371515000
365000 390000512500
441000 370000695000
345000 447500560000
420000 515000596000
403500 510000583000
476000 575000540000
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sales data - Information deemed reliable, however not guaranteed Page 5

8. Sales Days on Market By Month
For Month Ending 5/31/2014
0
100
200
300
400
500
600
700
Jan-09
A
pr-09
Jul-09
O
ct-09
Jan-10
A
pr-10
Jul-10
O
ct-10
Jan-11
A
pr-11
Jul-11
O
ct-11
Jan-12
A
pr-12
Jul-12
O
ct-12
Jan-13
A
pr-13
Jul-13
O
ct-13
Jan-14
A
pr-14
Jul-14
O
ct-14
Con Lnd Res
Jul
2009
Month Single
Family
Condo Land
2010
Single
Family
Condo Land
2011
Single
Family
Condo Land
2012
Single
Family
Condo Land
2013
Single
Family
Condo Land
Jan
Feb
Mar
Apr
May
Jun
Aug
Sep
Oct
Nov
Dec
2014
Single
Family
Condo Land
176 1126 496
199 1152 228
163 108203
137 212 195
150 127 337
111 115 300
212 190 230
159 216 427
158 135 185
190 143 384
168 192 284
154 178 111
224 247 248
127 229 351
138 230233
153 179 162
132 192 200
131 184 174
119 132 292
118 202 124
122 129 169
181 141 220
166 147 196
153 172 190
112 180 240
147 192 180
150 231185
146 142 362
138 201 175
141 145 150
150 201 219
136 179 82.5
117 158 136
187 140 140
140 163 317
155 126 211
165 144 242
153 172 371
136 173171
156 170 253
106 198 159
183 158 186
146 138 347
153 175 208
140 172 211
140 161 556
148 153 476
114 148 339
125 151 151
147 183 273
110 263137
107 125 368
149 173 241
116 142 105
146 159 192
107 94 156
115 157 315
114 128 67
115 128 231
125 109 150
132 123 91
119 99 271
143 310124
147 127 170
117 141 247
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 6

9. Single Family Median Prices by Area
For Month Ending 5/31/2014
Current Month Information
0 250,000 500,000 750,000 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000
Wailea/M akena
Sprecklesville/Paia/Kuau
Pukalani
Napili/Kahana/Honokowai
Nahiku
M olokai
M aui M eadows
M akawao/Olinda/Haliimaile
Lanai
Lahaina
Kula/Ulupalakua/Kanaio
Kihei
Kapalua
Kaanapali
Hana
Haiku
Central
Area Current Month Previous Month Year Ago Month
$429,000 $429,973 $451,700Central
$785,000 $800,000 $508,500Haiku
$0 $168,000 $709,000Hana
$3,035,000 $1,675,000 $1,315,000Kaanapali
$0 $3,250,000 $2,975,000Kapalua
$517,125 $667,825 $568,500Kihei
$1,175,000 $875,000 $519,500Kula/Ulupalakua/Kanaio
$1,550,000 $905,000 $542,250Lahaina
$0 $625,000 $222,500Lanai
$600,000 $693,750 $675,000Makawao/Olinda/Haliimaile
$3,000,000 $887,500 $1,400,000Maui Meadows
$224,000 $0 $858,900Molokai
$0 $233,000 $0Nahiku
$600,000 $575,000 $662,000Napili/Kahana/Honokowai
$547,500 $583,000 $549,000Pukalani
$0 $644,500 $750,000Sprecklesville/Paia/Kuau
$2,467,500 $5,900,000 $4,000,000Wailea/Makena
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 7

10. Condominium Median Prices by Area
For Month Ending 5/31/2014
Current Month Information
$0
$2 0 0 ,0 0 0
$4 0 0 ,0 0 0
$6 0 0 ,0 0 0
$8 0 0 ,0 0 0
$1,0 0 0 ,0 0 0
$1,2 0 0 ,0 0 0
$1,4 0 0 ,0 0 0
$1,6 0 0 ,0 0 0
$1,8 0 0 ,0 0 0
$2 ,0 0 0 ,0 0 0
C
entral
H
ana
Kaanapali
Kapalua
Kihei
Lahaina
Lanai
M
aalaea
M
olokai
N
apili/Kahana/H
onokowai
Sprecklesville/P
aia/K
uau
W
ailea/M
akena
Area Current Month Previous Month Year Ago Month
$330,000 $269,250 $270,000Central
$0 $0 $475,000Hana
$1,075,000 $767,500 $700,000Kaanapali
$1,725,000 $1,062,500 $639,500Kapalua
$310,000 $315,000 $364,000Kihei
$460,000 $685,000 $370,835Lahaina
$0 $1,300,000 $1,500,000Lanai
$0 $530,000 $327,500Maalaea
$0 $140,000 $0Molokai
$463,000 $365,000 $395,000Napili/Kahana/Honokowai
$279,000 $270,000 $295,000Sprecklesville/Paia/Kuau
$1,325,000 $1,006,250 $960,000Wailea/Makena
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 8

11. Land Median Prices by Area
For Month Ending 5/31/2014
Current Month Information
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000
Wailea/Makena
Sprecklesville/Paia/Kuau
Pukalani
Olowalu
Napili/Kahana/Honokowai
Nahiku
Molokai
Lanai
Lahaina
Kula/Ulupalakua/Kanaio
Kihei
Kapalua
Kahakuloa
Kaanapali
Hana
Haiku
Central
Area Current Month Previous Month Year Ago Month
$218,000 $193,000 $223,875Central
$875,000 $750,000 $400,000Haiku
$1,000,000 $510,000 $175,000Hana
$577,866 $576,000 $608,263Kaanapali
$1,600,000 $0 $235,000Kahakuloa
$0 $0 $1,098,000Kapalua
$320,000 $0 $280,000Kihei
$807,000 $475,000 $1,800,000Kula/Ulupalakua/Kanaio
$987,500 $575,000 $0Lahaina
$0 $0 $140,000Lanai
$0 $87,500 $95,000Molokai
$0 $0 $220,000Nahiku
$0 $0 $260,000Napili/Kahana/Honokowai
$0 $0 $3,775,000Olowalu
$0 $200,000 $0Pukalani
$575,000 $0 $0Sprecklesville/Paia/Kuau
$0 $1,650,000 $1,225,000Wailea/Makena
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteedc Page 9

12. Single Family Year To Date Sales Information
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013
Area
Number of Sales
Current
YTD
Average
Year Ago
YTD
Average
Average Sales Price
Percent
Change
Current
YTD
Median
Year Ago
YTD
Median
Median Sales Price
Percent
Change
Current
YTD
Volume
Year Ago
YTD
Volume
Total Dollar Volume
Percent
Change
Current
YTD
Sales
Year
Ago
YTD
Changes
Units %
105 117 $451,153 $456,347 $423,286 $407,938 $47,371,041 $53,392,564Central -12 -10% -1% 4% -11%
26 33 $857,750 $679,744 $792,500 $600,000 $22,301,500 $22,431,550Haiku -7 -21% 26% 32% -1%
2 2 $459,000 $709,000 $459,000 $709,000 $918,000 $1,418,000Hana 0 0% -35% -35% -35%
9 9 $2,055,902 $1,659,444 $1,800,000 $1,500,000 $18,503,120 $14,935,000Kaanapali 0 0% 24% 20% 24%
0 0 $0 $0 $0 $0 $0 $0Kahakuloa 0 N/A N/A N/A N/A
5 6 $3,419,400 $3,882,500 $3,250,000 $2,975,000 $17,097,000 $23,295,000Kapalua -1 -17% -12% 9% -27%
0 0 $0 $0 $0 $0 $0 $0Keanae 0 N/A N/A N/A N/A
73 66 $807,352 $627,889 $596,000 $512,050 $58,936,674 $41,440,649Kihei 7 11% 29% 16% 42%
25 24 $965,851 $713,646 $865,000 $565,000 $24,146,280 $17,127,500Kula/Ulupalakua/Kanaio 1 4% 35% 53% 41%
20 19 $1,295,625 $730,937 $1,223,750 $550,000 $25,912,500 $13,887,800Lahaina 1 5% 77% 123% 87%
9 12 $1,105,000 $597,292 $440,000 $305,000 $9,945,000 $7,167,500Lanai -3 -25% 85% 44% 39%
23 16 $553,424 $564,494 $561,250 $430,750 $12,728,750 $9,031,900Makawao/Olinda/Haliimaile 7 44% -2% 30% 41%
7 12 $2,227,186 $1,161,917 $1,175,000 $1,325,000 $15,590,300 $13,943,000Maui Meadows -5 -42% 92% -11% 12%
4 7 $277,250 $493,813 $237,000 $358,000 $1,109,000 $3,456,688Molokai -3 -43% -44% -34% -68%
1 0 $233,000 $0 $233,000 $0 $233,000 $0Nahiku 1 N/A N/A N/A N/A
11 15 $1,213,627 $745,300 $690,000 $730,000 $13,349,900 $11,179,498Napili/Kahana/Honokowai -4 -27% 63% -5% 19%
1 0 $1,425,000 $0 $1,425,000 $0 $1,425,000 $0Olowalu 1 N/A N/A N/A N/A
16 29 $667,344 $509,931 $578,250 $508,000 $10,677,500 $14,788,000Pukalani -13 -45% 31% 14% -28%
11 14 $2,774,318 $1,219,750 $1,375,000 $617,000 $30,517,500 $17,076,500Sprecklesville/Paia/Kuau -3 -21% 127% 123% 79%
15 16 $3,318,033 $3,959,219 $2,108,000 $3,375,000 $49,770,500 $63,347,499Wailea/Makena -1 -6% -16% -38% -21%
363 397 $993,203 $825,992 $577,500 $530,000 $360,532,565 $327,918,648-34 -9% 20% 9% 10%Maui Summary:
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 10

13. Condominium Year To Date Sales Information
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013
Area
Number of Sales
Current
YTD
Average
Year Ago
YTD
Average
Average Sales Price
Percent
Change
Current
YTD
Median
Year Ago
YTD
Median
Median Sales Price
Percent
Change
Current
YTD
Volume
Year Ago
YTD
Volume
Total Dollar Volume
Percent
Change
Current
YTD
Sales
Year
Ago
YTD
Changes
Units %
67 58 $271,657 $232,682 $265,000 $244,250 $18,201,000 $13,495,540Central 9 16% 17% 8% 35%
0 1 $0 $475,000 $0 $475,000 $0 $475,000Hana -1 -100% -100% -100% -100%
85 74 $1,190,408 $924,542 $824,900 $687,450 $101,184,700 $68,416,105Kaanapali 11 15% 29% 20% 48%
16 15 $1,453,156 $1,124,767 $1,087,000 $795,000 $23,250,499 $16,871,500Kapalua 1 7% 29% 37% 38%
196 179 $387,523 $367,995 $313,500 $320,000 $75,954,415 $65,871,134Kihei 17 9% 5% -2% 15%
31 43 $582,452 $342,294 $450,000 $350,300 $18,056,000 $14,718,644Lahaina -12 -28% 70% 28% 23%
3 8 $1,583,333 $494,588 $1,700,000 $97,375 $4,750,000 $3,956,700Lanai -5 -63% 220% 1646% 20%
12 22 $540,458 $327,002 $530,000 $322,500 $6,485,500 $7,194,050Maalaea -10 -45% 65% 64% -10%
5 3 $156,498 $115,375 $140,000 $91,000 $782,490 $346,125Molokai 2 67% 36% 54% 126%
101 86 $437,235 $386,837 $375,000 $347,500 $44,160,709 $33,267,950Napili/Kahana/Honokowai 15 17% 13% 8% 33%
0 0 $0 $0 $0 $0 $0 $0Pukalani 0 N/A N/A N/A N/A
2 3 $274,500 $263,000 $274,500 $294,000 $549,000 $789,000Sprecklesville/Paia/Kuau -1 -33% 4% -7% -30%
43 56 $1,564,495 $1,190,754 $1,012,500 $877,000 $67,273,274 $66,682,248Wailea/Makena -13 -23% 31% 15% 1%
561 548 $642,866 $533,000 $420,000 $371,750 $360,647,587 $292,083,99613 2% 21% 13% 23%Maui Summary:
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 11

14. Fee Simple Condominium Year To Date Sales Information
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013
Area
Number of Sales
Current
YTD
Average
Year Ago
YTD
Average
Average Sales Price
Percent
Change
Current
YTD
Median
Year Ago
YTD
Median
Median Sales Price
Percent
Change
Current
YTD
Volume
Year Ago
YTD
Volume
Total Dollar Volume
Percent
Change
Current
YTD
Sales
Year
Ago
YTD
Changes
Units %
67 58 $271,657 $232,682 $265,000 $244,250 $18,201,000 $13,495,540Central 9 16% 17% 8% 35%
0 1 $0 $475,000 $0 $475,000 $0 $475,000Hana -1 -100% -100% -100% -100%
78 69 $1,268,394 $973,545 $964,950 $700,000 $98,934,700 $67,174,605Kaanapali 9 13% 30% 38% 47%
16 15 $1,453,156 $1,124,767 $1,087,000 $795,000 $23,250,499 $16,871,500Kapalua 1 7% 29% 37% 38%
195 178 $387,705 $368,377 $312,000 $322,500 $75,602,415 $65,571,134Kihei 17 10% 5% -3% 15%
29 40 $614,069 $361,116 $450,000 $369,000 $17,808,000 $14,444,644Lahaina -11 -28% 70% 22% 23%
3 8 $1,583,333 $494,588 $1,700,000 $97,375 $4,750,000 $3,956,700Lanai -5 -63% 220% 1646% 20%
12 18 $540,458 $344,806 $530,000 $343,750 $6,485,500 $6,206,500Maalaea -6 -33% 57% 54% 4%
5 3 $156,498 $115,375 $140,000 $91,000 $782,490 $346,125Molokai 2 67% 36% 54% 126%
90 72 $430,010 $410,923 $375,000 $352,500 $38,700,909 $29,586,450Napili/Kahana/Honokowai 18 25% 5% 6% 31%
0 0 $0 $0 $0 $0 $0 $0Pukalani 0 N/A N/A N/A N/A
2 3 $274,500 $263,000 $274,500 $294,000 $549,000 $789,000Sprecklesville/Paia/Kuau -1 -33% 4% -7% -30%
43 56 $1,564,495 $1,190,754 $1,012,500 $877,000 $67,273,274 $66,682,248Wailea/Makena -13 -23% 31% 15% 1%
540 521 $652,477 $548,176 $425,000 $375,000 $352,337,787 $285,599,44619 4% 19% 13% 23%Maui Summary:
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 12

15. Leasehold Condominium Year To Date Sales Information
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013
Area
Number of Sales
Current
YTD
Average
Year Ago
YTD
Average
Average Sales Price
Percent
Change
Current
YTD
Median
Year Ago
YTD
Median
Median Sales Price
Percent
Change
Current
YTD
Volume
Year Ago
YTD
Volume
Total Dollar Volume
Percent
Change
Current
YTD
Sales
Year
Ago
YTD
Changes
Units %
7 5 $321,429 $248,300 $248,500 $248,000 $2,250,000 $1,241,500Kaanapali 2 40% 29% 0% 81%
1 1 $352,000 $300,000 $352,000 $300,000 $352,000 $300,000Kihei 0 0% 17% 17% 17%
2 3 $124,000 $91,333 $124,000 $102,000 $248,000 $274,000Lahaina -1 -33% 36% 22% -9%
0 4 $0 $246,888 $0 $255,000 $0 $987,550Maalaea -4 -100% -100% -100% -100%
11 14 $496,345 $262,964 $300,000 $248,750 $5,459,800 $3,681,500Napili/Kahana/Honokowai -3 -21% 89% 21% 48%
21 27 $395,705 $240,169 $248,500 $235,000 $8,309,800 $6,484,550-6 -22% 65% 6% 28%Maui Summary:
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 13

16. Land Year To Date Sales Information
Comparing 1/1/2014 thru 5/31/2014 with 1/1/2013 thru 5/31/2013
Area
Number of Sales
Current
YTD
Average
Year Ago
YTD
Average
Average Sales Price
Percent
Change
Current
YTD
Median
Year Ago
YTD
Median
Median Sales Price
Percent
Change
Current
YTD
Volume
Year Ago
YTD
Volume
Total Dollar Volume
Percent
Change
Current
YTD
Sales
Year
Ago
YTD
Changes
Units %
8 7 $360,813 $399,162 $246,500 $249,000 $2,886,500 $2,794,135Central 1 14% -10% -1% 3%
6 12 $783,333 $529,083 $560,000 $399,500 $4,700,000 $6,349,000Haiku -6 -50% 48% 40% -26%
6 1 $1,206,167 $175,000 $480,000 $175,000 $7,236,999 $175,000Hana 5 500% 589% 174% 4035%
16 5 $610,476 $641,077 $576,933 $715,000 $9,767,616 $3,205,387Kaanapali 11 220% -5% -19% 205%
1 3 $1,600,000 $233,333 $1,600,000 $235,000 $1,600,000 $699,999Kahakuloa -2 -67% 586% 581% 129%
1 5 $1,075,000 $1,274,600 $1,075,000 $1,098,000 $1,075,000 $6,373,000Kapalua -4 -80% -16% -2% -83%
0 0 $0 $0 $0 $0 $0 $0Kaupo 0 N/A N/A N/A N/A
9 8 $403,222 $397,500 $320,000 $310,000 $3,629,000 $3,180,000Kihei 1 13% 1% 3% 14%
11 7 $558,955 $1,144,571 $675,000 $615,000 $6,148,500 $8,012,000Kula/Ulupalakua/Kanaio 4 57% -51% 10% -23%
7 5 $1,053,429 $767,800 $730,000 $784,000 $7,374,000 $3,839,000Lahaina 2 40% 37% -7% 92%
0 3 $0 $630,000 $0 $750,000 $0 $1,890,000Lanai -3 -100% -100% -100% -100%
3 1 $317,500 $450,000 $352,500 $450,000 $952,500 $450,000Makawao/Olinda/Haliimaile 2 200% -29% -22% 112%
0 2 $0 $510,000 $0 $510,000 $0 $1,020,000Maui Meadows -2 -100% -100% -100% -100%
2 6 $87,500 $192,750 $87,500 $140,000 $175,000 $1,156,500Molokai -4 -67% -55% -38% -85%
1 1 $227,500 $220,000 $227,500 $220,000 $227,500 $220,000Nahiku 0 0% 3% 3% 3%
2 3 $681,500 $323,333 $681,500 $275,000 $1,363,000 $970,000Napili/Kahana/Honokowai -1 -33% 111% 148% 41%
0 1 $0 $3,775,000 $0 $3,775,000 $0 $3,775,000Olowalu -1 -100% -100% -100% -100%
1 0 $200,000 $0 $200,000 $0 $200,000 $0Pukalani 1 N/A N/A N/A N/A
1 4 $575,000 $980,000 $575,000 $672,500 $575,000 $3,920,000Sprecklesville/Paia/Kuau -3 -75% -41% -14% -85%
4 6 $1,243,750 $1,160,000 $1,355,000 $1,150,000 $4,975,000 $6,960,000Wailea/Makena -2 -33% 7% 18% -29%
79 80 $669,438 $687,363 $512,000 $450,000 $52,885,615 $54,989,021-1 -1% -3% 14% -4%Maui Summary:
SOURCE: REALTORS Association of Maui - www.RAMaui.com
MLS Sale data - Information deemed reliable, however not guaranteed Page 14