April 2014 Local Neighborhood Housing Resale Statistics Honolulu Board of REALTORS® presents the April 2014 Local Market Update consisting of the detailed neighborhood analysis.

1. Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change
Aina Haina - Kuliouou 1-3-6 to 1-3-8 9 8 13% 4 8 -50% $865,000 $1,660,000 -48% 99.8% 95.7% 4% 84 33 155% 37 32 16%
Ala Moana - Kakaako 1-2-3 0 0 - 0 0 - $0 $0 - 0.0% 0.0% - 0 0 - 0 2 -
Downtown - Nuuanu 1-1-8 to 1-2-2 9 7 29% 4 9 -56% $853,094 $900,000 -5% 98.2% 105.9% -7% 9 13 -31% 32 32 0%
Ewa Plain 1-9-1 73 78 -6% 46 48 -4% $497,500 $518,700 -4% 98.0% 101.0% -3% 25 15 67% 156 136 15%
Hawaii Kai 1-3-9 18 20 -10% 10 15 -33% $1,068,500 $985,000 8% 92.8% 99.6% -7% 10 11 -9% 61 50 22%
Kailua - Waimanalo 1-4-1 to Selected 1-4-4 32 35 -9% 18 27 -33% $879,750 $865,000 2% 99.4% 100.7% -1% 18 16 13% 86 86 0%
Kalihi - Palama 1-1-2 to 1-1-7 12 10 20% 12 7 71% $550,000 $675,000 -19% 93.7% 96.7% -3% 28 84 -67% 54 41 32%
Kaneohe Selected 1-4-4 to 1-4-7 35 24 46% 10 18 -44% $697,500 $722,500 -3% 99.6% 94.5% 5% 9 58 -84% 78 67 16%
Kapahulu - Diamond Head 1-3-1 to 1-3-4 36 22 64% 14 17 -18% $835,000 $825,000 1% 102.0% 104.6% -2% 47 10 370% 77 58 33%
Makaha - Nanakuli 1-8-1 to 1-8-9 43 28 54% 15 16 -6% $315,000 $325,950 -3% 98.4% 96.6% 2% 48 26 85% 107 98 9%
Makakilo 1-9-2 to 1-9-3 22 16 38% 18 17 6% $603,500 $558,000 8% 95.5% 100.1% -5% 18 29 -38% 58 46 26%
Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 9 16 -44% 10 9 11% $1,275,000 $849,000 50% 91.1% 95.6% -5% 37 32 16% 39 43 -9%
Mililani Selected 1-9-4 to 1-9-5 15 35 -57% 13 17 -24% $665,000 $597,000 11% 97.9% 102.1% -4% 15 14 7% 40 48 -17%
Moanalua - Salt Lake 1-1-1 5 9 -44% 6 6 0% $764,000 $609,500 25% 92.6% 93.3% -1% 29 37 -22% 14 15 -7%
North Shore 1-5-6 to 1-6-9 16 17 -6% 5 7 -29% $799,000 $750,000 7% 100.0% 100.0% 0% 55 69 -20% 63 61 3%
Pearl City - Aiea 1-9-6 to 1-9-9 19 30 -37% 19 26 -27% $600,000 $582,500 3% 98.4% 98.1% 0% 24 34 -29% 64 62 3%
Wahiawa 1-7-1 to 1-7-7 7 8 -13% 7 7 0% $500,000 $422,500 18% 103.1% 91.5% 13% 19 9 111% 24 24 0%
Waialae - Kahala 1-3-5 17 12 42% 9 9 0% $1,600,000 $1,700,000 -6% 106.7% 111.5% -4% 9 35 -74% 59 43 37%
Waikiki 1-2-6 0 0 - 0 0 - $0 $0 - 0.0% 0.0% - 0 0 - 0 1 -
Waipahu 1-9-4 22 23 -4% 25 11 127% $599,900 $520,000 15% 100.0% 104.0% -4% 18 16 13% 68 52 31%
Windward Coast 1-4-8 to 1-5-5 10 5 100% 5 6 -17% $692,500 $607,500 14% 98.2% 96.9% 1% 30 49 -39% 53 37 43%
Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change
Aina Haina - Kuliouou 1-3-6 to 1-3-8 40 35 14% 15 24 -38% $1,125,000 $1,315,000 -14% 93.8% 97.4% -4% 30 13 131%
Ala Moana - Kakaako 1-2-3 0 3 - 1 1 0% $1,050,000 $690,000 52% 87.5% 95.8% -9% 304 35 769%
Downtown - Nuuanu 1-1-8 to 1-2-2 38 38 0% 20 28 -29% $944,000 $800,000 18% 99.4% 100.4% -1% 9 20 -55%
Ewa Plain 1-9-1 292 243 20% 182 169 8% $507,500 $496,533 2% 99.5% 99.3% 0% 24 21 14%
Hawaii Kai 1-3-9 78 71 10% 44 43 2% $1,101,000 $925,000 19% 100.2% 98.5% 2% 22 20 10%
Kailua - Waimanalo 1-4-1 to Selected 1-4-4 129 123 5% 83 95 -13% $924,000 $851,000 9% 99.4% 98.4% 1% 22 18 22%
Kalihi - Palama 1-1-2 to 1-1-7 59 46 28% 36 24 50% $632,500 $527,500 20% 93.0% 96.0% -3% 22 55 -60%
Kaneohe Selected 1-4-4 to 1-4-7 103 80 29% 65 58 12% $700,000 $685,000 2% 100.0% 96.8% 3% 11 52 -79%
Kapahulu - Diamond Head 1-3-1 to 1-3-4 102 69 48% 52 62 -16% $800,000 $797,500 0% 103.0% 100.7% 2% 18 16 13%
Makaha - Nanakuli 1-8-1 to 1-8-9 155 119 30% 54 69 -22% $349,000 $355,000 -2% 99.7% 94.7% 5% 28 25 12%
Makakilo 1-9-2 to 1-9-3 105 56 88% 50 43 16% $587,000 $565,000 4% 98.0% 100.0% -2% 31 23 35%
Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 47 41 15% 32 35 -9% $1,112,500 $900,000 24% 102.1% 97.8% 4% 20 32 -38%
Mililani Selected 1-9-4 to 1-9-5 84 94 -11% 61 61 0% $655,000 $610,000 7% 98.5% 100.0% -2% 13 17 -24%
Moanalua - Salt Lake 1-1-1 20 23 -13% 13 16 -19% $760,000 $737,500 3% 92.1% 99.8% -8% 48 15 220%
North Shore 1-5-6 to 1-6-9 58 56 4% 27 28 -4% $855,000 $665,000 29% 95.1% 91.7% 4% 20 22 -9%
Pearl City - Aiea 1-9-6 to 1-9-9 80 94 -15% 59 68 -13% $625,000 $572,500 9% 102.5% 96.2% 7% 21 36 -42%
Wahiawa 1-7-1 to 1-7-7 30 31 -3% 21 23 -9% $465,000 $405,000 15% 95.9% 95.3% 1% 33 17 94%
Waialae - Kahala 1-3-5 63 40 58% 32 30 7% $1,850,000 $1,605,500 15% 92.8% 99.0% -6% 24 37 -35%
Waikiki 1-2-6 0 1 - 0 0 - $0 $0 - 0.0% 0.0% - 0 0 -
Waipahu 1-9-4 98 78 26% 70 58 21% $579,000 $530,000 9% 99.4% 97.7% 2% 23 21 10%
Windward Coast 1-4-8 to 1-5-5 38 29 31% 9 20 -55% $680,000 $558,000 22% 95.1% 96.4% -1% 25 64 -61%
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 1
Single Family Homes
April 2014
Local Market Update
April 2014
Year to Date New Listings Closed Sales Median Sales Price Percent of Original Price Received Days on Market Until Sale
New Listings Closed Sales Median Sales Price Percent of Original Price Received Days on Market Until Sale Inventory of Homes for Sale

2. Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change
Aina Haina - Kuliouou 1-3-6 to 1-3-8 0 0 - 0 1 - $0 $745,000 - 0.0% 100.9% - 0 29 - 0 1 -
Ala Moana - Kakaako 1-2-3 54 43 26% 38 45 -16% $597,500 $470,000 27% 97.6% 96.9% 1% 22 24 -8% 186 141 32%
Downtown - Nuuanu 1-1-8 to 1-2-2 37 31 19% 27 32 -16% $480,000 $509,000 -6% 100.0% 99.6% 0% 20 32 -38% 115 114 1%
Ewa Plain 1-9-1 53 33 61% 36 26 38% $370,000 $297,500 24% 100.0% 99.2% 1% 31 13 138% 125 63 98%
Hawaii Kai 1-3-9 18 20 -10% 19 26 -27% $565,000 $580,500 -3% 100.0% 102.3% -2% 17 12 42% 58 49 18%
Kailua - Waimanalo 1-4-1 to Selected 1-4-4 14 4 250% 9 9 0% $500,000 $436,000 15% 100.0% 103.8% -4% 5 10 -50% 22 18 22%
Kalihi - Palama 1-1-2 to 1-1-7 11 14 -21% 9 6 50% $380,000 $455,000 -16% 100.0% 100.1% 0% 18 10 80% 36 25 44%
Kaneohe Selected 1-4-4 to 1-4-7 30 19 58% 17 14 21% $396,000 $486,750 -19% 100.3% 99.0% 1% 25 19 32% 49 44 11%
Kapahulu - Diamond Head 1-3-1 to 1-3-4 18 14 29% 7 9 -22% $485,000 $479,000 1% 100.0% 100.0% 0% 8 37 -78% 75 53 42%
Makaha - Nanakuli 1-8-1 to 1-8-9 14 15 -7% 19 17 12% $135,000 $96,000 41% 96.4% 84.2% 14% 32 27 19% 75 57 32%
Makakilo 1-9-2 to 1-9-3 10 14 -29% 9 7 29% $306,000 $285,000 7% 94.9% 102.2% -7% 14 17 -18% 26 21 24%
Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 73 69 6% 61 45 36% $333,000 $319,000 4% 98.2% 96.7% 2% 24 19 26% 187 150 25%
Mililani Selected 1-9-4 to 1-9-5 36 31 16% 18 25 -28% $385,000 $305,000 26% 100.7% 98.4% 2% 9 9 0% 69 48 44%
Moanalua - Salt Lake 1-1-1 23 25 -8% 17 15 13% $315,000 $299,000 5% 95.7% 100.0% -4% 11 14 -21% 49 33 48%
North Shore 1-5-6 to 1-6-9 7 7 0% 6 4 50% $314,500 $323,500 -3% 97.1% 95.9% 1% 50 102 -51% 20 19 5%
Pearl City - Aiea 1-9-6 to 1-9-9 35 31 13% 27 31 -13% $323,300 $237,000 36% 98.9% 97.5% 1% 25 13 92% 79 69 14%
Wahiawa 1-7-1 to 1-7-7 1 3 -67% 2 2 0% $137,000 $116,750 17% 94.8% 93.8% 1% 22 68 -68% 10 10 0%
Waialae - Kahala 1-3-5 10 6 67% 4 4 0% $1,036,000 $517,000 100% 99.6% 96.8% 3% 20 9 122% 16 17 -6%
Waikiki 1-2-6 128 144 -11% 89 116 -23% $355,000 $317,000 12% 94.7% 95.3% -1% 33 27 22% 496 414 20%
Waipahu 1-9-4 20 27 -26% 30 22 36% $280,500 $272,000 3% 100.0% 98.0% 2% 30 16 88% 68 54 26%
Windward Coast 1-4-8 to 1-5-5 2 6 -67% 1 2 -50% $205,000 $117,500 74% 100.0% 100.0% 0% 5 6 -17% 14 16 -13%
Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change Apr-14 Apr-13 Change
Aina Haina - Kuliouou 1-3-6 to 1-3-8 0 2 - 0 2 - $0 $697,500 - 0.0% 99.4% - 0 15 -
Ala Moana - Kakaako 1-2-3 219 192 14% 166 131 27% $530,000 $455,000 16% 93.9% 94.8% -1% 31 34 -9%
Downtown - Nuuanu 1-1-8 to 1-2-2 145 148 -2% 94 115 -18% $459,500 $475,000 -3% 98.3% 97.3% 1% 22 27 -19%
Ewa Plain 1-9-1 197 117 68% 111 104 7% $370,000 $328,250 13% 100.3% 97.1% 3% 20 22 -9%
Hawaii Kai 1-3-9 82 88 -7% 62 65 -5% $600,000 $545,000 10% 99.2% 101.1% -2% 29 14 107%
Kailua - Waimanalo 1-4-1 to Selected 1-4-4 42 31 35% 29 25 16% $441,000 $425,000 4% 100.2% 102.4% -2% 7 9 -22%
Kalihi - Palama 1-1-2 to 1-1-7 61 37 65% 35 28 25% $359,000 $355,000 1% 100.0% 97.4% 3% 20 34 -41%
Kaneohe Selected 1-4-4 to 1-4-7 78 69 13% 55 50 10% $439,000 $432,500 2% 98.0% 100.6% -3% 17 26 -35%
Kapahulu - Diamond Head 1-3-1 to 1-3-4 72 51 41% 23 41 -44% $510,000 $515,000 -1% 98.0% 98.1% 0% 10 22 -55%
Makaha - Nanakuli 1-8-1 to 1-8-9 87 71 23% 55 47 17% $118,500 $102,500 16% 91.2% 89.1% 2% 36 31 16%
Makakilo 1-9-2 to 1-9-3 39 34 15% 26 24 8% $285,250 $257,000 11% 100.4% 97.2% 3% 31 19 63%
Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 263 231 14% 169 147 15% $339,000 $320,000 6% 98.2% 95.2% 3% 24 24 0%
Mililani Selected 1-9-4 to 1-9-5 128 96 33% 76 81 -6% $284,500 $300,000 -5% 100.4% 100.3% 0% 14 20 -30%
Moanalua - Salt Lake 1-1-1 88 68 29% 61 47 30% $294,000 $280,000 5% 98.3% 93.6% 5% 19 2 850%
North Shore 1-5-6 to 1-6-9 24 20 20% 16 9 78% $316,250 $235,000 35% 97.5% 98.0% -1% 73 82 -11%
Pearl City - Aiea 1-9-6 to 1-9-9 115 122 -6% 90 85 6% $315,000 $267,000 18% 96.9% 98.9% -2% 25 24 4%
Wahiawa 1-7-1 to 1-7-7 10 5 100% 8 7 14% $137,000 $145,000 -6% 89.8% 93.5% -4% 19 41 -54%
Waialae - Kahala 1-3-5 16 19 -16% 16 14 14% $482,500 $430,000 12% 100.6% 91.1% 10% 36 28 29%
Waikiki 1-2-6 543 492 10% 287 366 -22% $325,000 $315,000 3% 95.6% 94.3% 1% 30 40 -25%
Waipahu 1-9-4 91 93 -2% 65 60 8% $300,000 $252,500 19% 99.7% 98.2% 2% 18 16 13%
Windward Coast 1-4-8 to 1-5-5 8 16 -50% 6 8 -25% $207,500 $171,000 21% 100.0% 86.1% 16% 71 46 54%
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Local Market Update
Condos
April 2014
April 2014 New Listings Closed Sales Median Sales Price Percent of Original Price Received Days on Market Until Sale Inventory of Homes for Sale
Closed Sales Median Sales Price Percent of Original Price Received
Page 2
Days on Market Until SaleYear to Date New Listings

3. Aina Haina - Kuliouou
(1-3-6 to 1-3-8)
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 9 8 13% 40 35 14% New Listings 0 0 - 0 2 -
Closed Sales 4 8 -50% 15 24 -38% Closed Sales 0 1 - 0 2 -
Median Sales Price $865,000 $1,660,000 -48% $1,125,000 $1,315,000 -14% Median Sales Price $0 $745,000 - $0 $697,500 -
Percent of Original List Price Received 99.8% 95.7% 4% 93.8% 97.4% -4% Percent of Original List Price Received 0.0% 100.9% - 0.0% 99.4% -
Median Days on Market Until Sale 84 33 155% 30 13 131% Median Days on Market Until Sale 0 29 - 0 15 -
Inventory of Homes for Sale 37 32 16% - - - Inventory of Homes for Sale 0 1 - - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 3
Local Market Update
April 2014
CondosSingle Family Homes April Year to Date April Year to Date
9 4 7 5 12 11 3 12 3 7 6 8 12 11 5 3 11 4 11 5 4 4 3 4
0
2
4
6
8
10
12
14
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
1150000
811250
895000
1285000
1075000
1300000
830000
1100000
935000
968000
1472500
1660000
925000
810000
1050000
800000
1050000
1039750
1200000
889888
1230210
956500
2612500
865000
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
1 0 1 0 1 0 1 1 0 1 0 1 0 0 0 2 0 0 0 0 0 0 0 0
0
1
2
3
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
475000
0
510000
0
510000
0
485000
530000
0
650000
0
745000
0
0
0
605000
0
0
0
0
0
0
0
0
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

4. Ala Moana - Kakaako
(1-2-3)
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 0 0 - 0 3 - New Listings 54 43 26% 219 192 14%
Closed Sales 0 0 - 1 1 0% Closed Sales 38 45 -16% 166 131 27%
Median Sales Price $0 $0 - $1,050,000 $690,000 52% Median Sales Price $597,500 $470,000 27% $530,000 $455,000 16%
Percent of Original List Price Received 0.0% 0.0% - 87.5% 95.8% -9% Percent of Original List Price Received 97.6% 96.9% 1% 93.9% 94.8% -1%
Median Days on Market Until Sale 0 0 - 304 35 769% Median Days on Market Until Sale 22 24 -8% 31 34 -9%
Inventory of Homes for Sale 0 2 - - - - Inventory of Homes for Sale 186 141 32% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 4
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
2 1 1 0 0 1 1 0 1 0 0 0 1 0 0 0 1 0 2 2 1 0 1 0
0
1
2
3
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
892500
780000
785000
0
0
455000
510000
0
690000
0
0
0
525000
0
0
0
749000
0
1262500
963750
980000
0
1050000
0
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
32 31 30 33 29 39 35 34 17 25 42 45 44 34 25 47 36 38 31 40 49 36 39 38
0
10
20
30
40
50
60
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
420000
270000
397500
285000
289000
480000
440000
399500
290000
485000
531500
470000
274900
371500
595000
456500
384000
354500
381000
410000
375000
609500
707250
597500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

5. Downtown - Nuuanu
1-1-8 to 1-2-2
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 9 7 29% 38 38 0% New Listings 37 31 19% 145 148 -2%
Closed Sales 4 9 -56% 20 28 -29% Closed Sales 27 32 -16% 94 115 -18%
Median Sales Price $853,094 $900,000 -5% $944,000 $800,000 18% Median Sales Price $480,000 $509,000 -6% $459,500 $475,000 -3%
Percent of Original List Price Received 98.2% 105.9% -7% 99.4% 100.4% -1% Percent of Original List Price Received 100.0% 99.6% 0% 98.3% 97.3% 1%
Median Days on Market Until Sale 9 13 -31% 9 20 -55% Median Days on Market Until Sale 20 32 -38% 22 27 -19%
Inventory of Homes for Sale 32 32 0% - - - Inventory of Homes for Sale 115 114 1% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 5
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
7 6 4 7 6 7 14 9 9 2 7 9 9 10 6 9 10 6 11 12 6 6 4 4
0
2
4
6
8
10
12
14
16
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
820000
682500
755000
750000
643500
765000
804000
710000
685000
1267500
702225
900000
704000
755150
839750
930000
832500
837500
980000
847500
1005000
952500
1129000
853094
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
18 24 32 34 22 32 18 16 23 20 37 32 29 39 22 36 32 25 28 32 19 18 31 27
0
5
10
15
20
25
30
35
40
45
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
351500
386000
374000
405000
329500
455000
315000
375000
332000
559500
475000
509000
350000
425000
495000
450750
417500
350000
377500
384950
426000
441750
500000
480000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

6. Ewa Plain
1-9-1
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 73 78 -6% 292 243 20% New Listings 53 33 61% 197 117 68%
Closed Sales 46 48 -4% 182 169 8% Closed Sales 36 26 38% 111 104 7%
Median Sales Price $497,500 $518,700 -4% $507,500 $496,533 2% Median Sales Price $370,000 $297,500 24% $370,000 $328,250 13%
Percent of Original List Price Received 98.0% 101.0% -3% 99.5% 99.3% 0% Percent of Original List Price Received 100.0% 99.2% 1% 100.3% 97.1% 3%
Median Days on Market Until Sale 25 15 67% 24 21 14% Median Days on Market Until Sale 31 13 138% 20 22 -9%
Inventory of Homes for Sale 156 136 15% - - - Inventory of Homes for Sale 125 63 98% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 6
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
25 36 60 58 41 46 45 49 40 37 43 48 41 60 50 67 57 59 44 35 40 39 59 46
0
10
20
30
40
50
60
70
80
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
450000
490000
469000
450000
477000
469000
500000
470000
445500
510111
490000
518700
478000
538500
545000
539000
533000
510000
509000
530000
511000
490000
519000
497500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
22 23 20 27 26 24 24 26 23 29 22 26 30 21 35 42 34 21 31 24 20 22 32 36
0
5
10
15
20
25
30
35
40
45
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
343986
296000
357500
293000
242000
320000
339250
274500
350000
325000
326500
297500
354500
330000
330000
315000
276000
335888
297000
278000
340750
384500
385000
370000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

7. Hawaii Kai
1-3-9
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 18 20 -10% 78 71 10% New Listings 18 20 -10% 82 88 -7%
Closed Sales 10 15 -33% 44 43 2% Closed Sales 19 26 -27% 62 65 -5%
Median Sales Price $1,068,500 $985,000 8% $1,101,000 $925,000 19% Median Sales Price $565,000 $580,500 -3% $600,000 $545,000 10%
Percent of Original List Price Received 92.8% 99.6% -7% 100.2% 98.5% 2% Percent of Original List Price Received 100.0% 102.3% -2% 99.2% 101.1% -2%
Median Days on Market Until Sale 10 11 -9% 22 20 10% Median Days on Market Until Sale 17 12 42% 29 14 107%
Inventory of Homes for Sale 61 50 22% - - - Inventory of Homes for Sale 58 49 18% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 7
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
6 14 22 16 26 20 13 20 9 11 7 15 12 21 23 22 21 13 13 15 10 5 19 10
0
5
10
15
20
25
30
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
1769750
870000
872500
1032000
899500
899000
879000
1007500
800000
968000
795000
985000
930500
860000
1198000
1137500
963313
999999
878000
1080000
1013000
2275000
1107000
1068500
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
15 12 17 15 16 23 22 20 9 6 23 26 23 9 18 24 15 17 23 22 12 13 17 19
0
5
10
15
20
25
30
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
550000
505500
535000
550000
527000
510000
497000
581250
463500
625875
527000
580500
580000
595000
537500
589500
525000
520000
569000
580000
609500
635000
650000
565000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

8. Kailua - Waimanalo
1-4-1 to Selected 1-4-4
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 32 35 -9% 129 123 5% New Listings 14 4 250% 42 31 35%
Closed Sales 18 27 -33% 83 95 -13% Closed Sales 9 9 0% 29 25 16%
Median Sales Price $879,750 $865,000 2% $924,000 $851,000 9% Median Sales Price $500,000 $436,000 15% $441,000 $425,000 4%
Percent of Original List Price Received 99.4% 100.7% -1% 99.4% 98.4% 1% Percent of Original List Price Received 100.0% 103.8% -4% 100.2% 102.4% -2%
Median Days on Market Until Sale 18 16 13% 22 18 22% Median Days on Market Until Sale 5 10 -50% 7 9 -22%
Inventory of Homes for Sale 86 86 0% - - - Inventory of Homes for Sale 22 18 22% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 8
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
27 27 23 29 26 24 30 24 19 21 25 27 25 36 23 29 32 28 24 26 21 18 24 18
0
5
10
15
20
25
30
35
40
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
794500
775000
840000
775000
832000
855000
752500
824950
880000
750000
920000
865000
870000
865000
1020000
890000
922500
875000
896250
953500
895000
973950
1005000
879750
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
8 9 10 17 7 7 10 13 7 3 6 9 9 2 6 20 12 10 5 6 6 4 10 9
0
5
10
15
20
25
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
385000
375000
432500
391000
505000
427000
438000
405000
375000
438000
362500
436000
435000
459000
414000
527500
477500
492000
590000
603000
435500
430000
436250
500000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

9. Kalihi - Palama
1-1-2 to 1-1-7
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 12 10 20% 59 46 28% New Listings 11 14 -21% 61 37 65%
Closed Sales 12 7 71% 36 24 50% Closed Sales 9 6 50% 35 28 25%
Median Sales Price $550,000 $675,000 -19% $632,500 $527,500 20% Median Sales Price $380,000 $455,000 -16% $359,000 $355,000 1%
Percent of Original List Price Received 93.7% 96.7% -3% 93.0% 96.0% -3% Percent of Original List Price Received 100.0% 100.1% 0% 100.0% 97.4% 3%
Median Days on Market Until Sale 28 84 -67% 22 55 -60% Median Days on Market Until Sale 18 10 80% 20 34 -41%
Inventory of Homes for Sale 54 41 32% - - - Inventory of Homes for Sale 36 25 44% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 9
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
8 7 10 5 9 9 15 12 6 3 7 7 9 4 11 15 9 9 7 9 7 8 9 12
0
2
4
6
8
10
12
14
16
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
497500
626800
610000
568000
535000
538000
590000
592500
542500
505000
505000
675000
595000
480000
549000
625000
570000
575000
635000
700000
590000
687000
635000
550000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
16 6 8 10 11 9 9 8 7 5 10 6 4 11 10 10 9 9 10 8 7 6 12 9
0
2
4
6
8
10
12
14
16
18
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
317500
304000
232500
389000
367000
355000
351500
377500
338000
391500
347000
455000
311500
415000
415250
362500
300000
310000
276000
247500
249000
362000
430000
380000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

10. Kaneohe
Selected 1-4-4 to 1-4-7
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 35 24 46% 103 80 29% New Listings 30 19 58% 78 69 13%
Closed Sales 10 18 -44% 65 58 12% Closed Sales 17 14 21% 55 50 10%
Median Sales Price $697,500 $722,500 -3% $700,000 $685,000 2% Median Sales Price $396,000 $486,750 -19% $439,000 $432,500 2%
Percent of Original List Price Received 99.6% 94.5% 5% 100.0% 96.8% 3% Percent of Original List Price Received 100.3% 99.0% 1% 98.0% 100.6% -3%
Median Days on Market Until Sale 9 58 -84% 11 52 -79% Median Days on Market Until Sale 25 19 32% 17 26 -35%
Inventory of Homes for Sale 78 67 16% - - - Inventory of Homes for Sale 49 44 11% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 10
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
17 16 11 20 22 22 17 8 14 10 16 18 13 21 19 29 19 24 18 22 26 9 20 10
0
5
10
15
20
25
30
35
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
685000
566000
685000
655250
592500
652000
688500
577500
700000
676250
660000
722500
625000
765000
670000
685000
690000
693500
703000
692500
666000
820000
684000
697500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
8 9 11 27 9 15 17 15 8 11 16 14 12 20 20 21 14 13 9 14 14 15 8 17
0
5
10
15
20
25
30
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
369900
318000
457000
419000
410000
355000
395000
360000
435000
415000
348500
486750
432000
430000
402000
375000
459500
400000
405000
436000
419500
455000
477500
396000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

11. April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 36 22 64% 102 69 48% New Listings 18 14 29% 72 51 41%
Closed Sales 14 17 -18% 52 62 -16% Closed Sales 7 9 -22% 23 41 -44%
Median Sales Price $835,000 $825,000 1% $800,000 $797,500 0% Median Sales Price $485,000 $479,000 1% $510,000 $515,000 -1%
Percent of Original List Price Received 102.0% 104.6% -2% 103.0% 100.7% 2% Percent of Original List Price Received 100.0% 100.0% 0% 98.0% 98.1% 0%
Median Days on Market Until Sale 47 10 370% 18 16 13% Median Days on Market Until Sale 8 37 -78% 10 22 -55%
Inventory of Homes for Sale 77 58 33% - - - Inventory of Homes for Sale 75 53 42% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 11
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
1-3-1 to 1-3-4
Kapahulu - Diamond Head
27 25 25 22 21 21 19 23 18 19 8 17 16 12 21 22 22 18 23 26 17 10 11 14
0
5
10
15
20
25
30
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
715000
760000
805000
839000
865000
815000
825000
863000
705000
900000
798000
825000
772500
777500
880000
891250
807500
910000
875000
825750
865000
811500
685000
835000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
10 6 7 6 3 11 3 10 5 10 17 9 11 10 9 9 5 9 5 9 5 3 8 7
0
2
4
6
8
10
12
14
16
18
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
562500
432250
460000
514500
455000
450000
400000
528750
496000
527500
600000
479000
530000
432500
514000
548000
820000
392850
439500
710000
500000
429000
740000
485000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

12. Makaha - Nanakuli
1-8-1 to 1-8-9
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 43 28 54% 155 119 30% New Listings 14 15 -7% 87 71 23%
Closed Sales 15 16 -6% 54 69 -22% Closed Sales 19 17 12% 55 47 17%
Median Sales Price $315,000 $325,950 -3% $349,000 $355,000 -2% Median Sales Price $135,000 $96,000 41% $118,500 $102,500 16%
Percent of Original List Price Received 98.4% 96.6% 2% 99.7% 94.7% 5% Percent of Original List Price Received 96.4% 84.2% 14% 91.2% 89.1% 2%
Median Days on Market Until Sale 48 26 85% 28 25 12% Median Days on Market Until Sale 32 27 19% 36 31 16%
Inventory of Homes for Sale 107 98 9% - - - Inventory of Homes for Sale 75 57 32% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 12
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
15 21 15 12 22 15 18 21 13 18 16 16 16 20 20 14 10 22 29 28 14 17 12 15
0
5
10
15
20
25
30
35
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
295000
330000
329000
297500
308000
291000
351500
369000
355000
338000
398690
325950
348500
365000
378000
280000
305000
300000
365000
325000
340000
408000
374000
315000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
6 10 4 3 7 9 13 8 11 10 9 17 20 5 10 12 10 5 13 7 8 10 19 19
0
5
10
15
20
25
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
106500
82500
89000
85000
90000
83000
87500
152000
125000
100000
102500
96000
130500
140000
121000
107500
112750
117250
115000
135000
84250
124250
120000
135000
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

13. Makakilo
1-9-2 to 1-9-3
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 22 16 38% 105 56 88% New Listings 10 14 -29% 39 34 15%
Closed Sales 18 17 6% 50 43 16% Closed Sales 9 7 29% 26 24 8%
Median Sales Price $603,500 $558,000 8% $587,000 $565,000 4% Median Sales Price $306,000 $285,000 7% $285,250 $257,000 11%
Percent of Original List Price Received 95.5% 100.1% -5% 98.0% 100.0% -2% Percent of Original List Price Received 94.9% 102.2% -7% 100.4% 97.2% 3%
Median Days on Market Until Sale 18 29 -38% 31 23 35% Median Days on Market Until Sale 14 17 -18% 31 19 63%
Inventory of Homes for Sale 58 46 26% - - - Inventory of Homes for Sale 26 21 24% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 13
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
11 14 5 12 13 9 4 10 6 10 10 17 11 13 12 20 10 5 6 11 10 12 13 18
0
5
10
15
20
25
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
715000
760000
805000
839000
865000
815000
825000
863000
705000
900000
798000
825000
772500
777500
880000
891250
807500
910000
875000
825750
865000
811500
685000
835000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
13 8 9 6 6 10 4 6 4 7 6 7 7 9 14 8 8 11 8 5 5 5 7 9
0
2
4
6
8
10
12
14
16
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
250000
216000
262000
263500
242500
286750
248750
231500
247000
272000
231500
285000
225000
255000
280000
287000
247500
280000
291500
310000
279000
282500
288000
306000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

14. Makiki - Moiliili
1-2-4 to 1-2-9 (except 1-2-6)
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 9 16 -44% 47 41 15% New Listings 73 69 6% 263 231 14%
Closed Sales 10 9 11% 32 35 -9% Closed Sales 61 45 36% 169 147 15%
Median Sales Price $1,275,000 $849,000 50% $1,112,500 $900,000 24% Median Sales Price $333,000 $319,000 4% $339,000 $320,000 6%
Percent of Original List Price Received 91.1% 95.6% -5% 102.1% 97.8% 4% Percent of Original List Price Received 98.2% 96.7% 2% 98.2% 95.2% 3%
Median Days on Market Until Sale 37 32 16% 20 32 -38% Median Days on Market Until Sale 24 19 26% 24 24 0%
Inventory of Homes for Sale 39 43 -9% - - - Inventory of Homes for Sale 187 150 25% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 14
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
16 16 5 7 9 8 8 9 9 5 12 9 8 8 6 13 8 8 7 10 5 8 9 10
0
2
4
6
8
10
12
14
16
18
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
812500
981078
860000
961000
985000
848250
790000
946000
865000
1675000
910000
849000
1034000
808000
1292500
1045000
950000
939500
1150000
1362500
900000
1137500
1070000
1275000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
35 50 52 44 48 55 50 60 32 29 41 45 95 50 50 56 48 65 50 50 45 30 32 61
0
10
20
30
40
50
60
70
80
90
100
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
295000
320225
296500
305000
347500
325000
345000
330000
342000
320000
325000
319000
305000
322500
327500
322500
351000
310000
332000
315000
315000
329000
362500
333000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

15. Mililani
Selected 1-9-4 to 1-9-5
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 15 35 -57% 84 94 -11% New Listings 36 31 16% 128 96 33%
Closed Sales 13 17 -24% 61 61 0% Closed Sales 18 25 -28% 76 81 -6%
Median Sales Price $665,000 $597,000 11% $655,000 $610,000 7% Median Sales Price $385,000 $305,000 26% $284,500 $300,000 -5%
Percent of Original List Price Received 97.9% 102.1% -4% 98.5% 100.0% -2% Percent of Original List Price Received 100.7% 98.4% 2% 100.4% 100.3% 0%
Median Days on Market Until Sale 15 14 7% 13 17 -24% Median Days on Market Until Sale 9 9 0% 14 20 -30%
Inventory of Homes for Sale 40 48 -17% - - - Inventory of Homes for Sale 69 48 44% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 15
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
16 25 25 17 15 23 22 15 16 9 18 17 18 25 30 27 16 26 19 11 26 13 9 13
0
5
10
15
20
25
30
35
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
598500
557500
675000
535000
585000
605000
582500
565000
586500
616000
651000
597000
625000
668000
615750
630000
666500
650000
649000
617000
626500
725000
659000
665000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
24 18 25 36 23 28 28 24 16 18 21 25 16 25 25 26 32 40 27 29 15 12 24 18
0
5
10
15
20
25
30
35
40
45
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
250625
287000
305000
307500
269500
266500
319500
327500
243500
320000
315000
305000
303000
307500
296500
247500
349000
328250
285000
271000
265000
300000
278500
385000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

16. Moanalua - Salt Lake
1-1-1
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 5 9 -44% 20 23 -13% New Listings 23 25 -8% 88 68 29%
Closed Sales 6 6 0% 13 16 -19% Closed Sales 17 15 13% 61 47 30%
Median Sales Price $764,000 $609,500 25% $760,000 $737,500 3% Median Sales Price $315,000 $299,000 5% $294,000 $280,000 5%
Percent of Original List Price Received 92.6% 93.3% -1% 92.1% 99.8% -8% Percent of Original List Price Received 95.7% 100.0% -4% 98.3% 93.6% 5%
Median Days on Market Until Sale 29 37 -22% 48 15 220% Median Days on Market Until Sale 11 14 -21% 19 21 -10%
Inventory of Homes for Sale 14 15 -7% - - - Inventory of Homes for Sale 49 33 48% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 16
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
5 6 5 5 5 2 4 1 3 2 5 6 6 5 7 6 3 5 8 3 0 4 3 6
0
1
2
3
4
5
6
7
8
9
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
678000
652500
775000
756000
760000
542200
762500
860000
760000
752500
880000
609500
822500
760000
748000
788500
630000
650000
867500
880000
0
791500
565000
764000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
17 19 16 22 18 27 18 18 8 8 15 15 20 22 10 17 13 18 20 22 17 15 13 17
0
5
10
15
20
25
30
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
277000
335000
324000
262000
399500
272500
270000
270000
278000
271250
308000
299000
360000
300500
279500
275000
400000
287500
382500
317500
268000
295000
270000
315000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

17. North Shore
1-5-6 to 1-6-9
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 16 17 -6% 58 56 4% New Listings 7 7 0% 24 20 20%
Closed Sales 5 7 -29% 27 28 -4% Closed Sales 6 4 50% 16 9 78%
Median Sales Price $799,000 $750,000 7% $855,000 $665,000 29% Median Sales Price $314,500 $323,500 -3% $316,250 $235,000 35%
Percent of Original List Price Received 100.0% 100.0% 0% 95.1% 91.7% 4% Percent of Original List Price Received 97.1% 95.9% 1% 97.5% 98.0% -1%
Median Days on Market Until Sale 55 69 -20% 20 22 -9% Median Days on Market Until Sale 50 102 -51% 73 82 -11%
Inventory of Homes for Sale 63 61 3% - - - Inventory of Homes for Sale 20 19 5% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 17
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
6 7 4 8 6 8 8 4 7 7 7 7 11 8 8 14 8 11 7 11 10 8 5 5
0
2
4
6
8
10
12
14
16
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
682500
659000
857450
827500
460000
1460000
657750
1372500
599999
520000
705000
750000
705000
677500
550000
745000
565000
1300000
1225000
675000
722000
837500
1290000
799000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
2 3 2 6 3 1 0 5 2 2 1 4 5 4 5 6 8 2 3 2 3 6 1 6
0
1
2
3
4
5
6
7
8
9
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
192950
490000
632500
360000
222500
204000
0
395000
219500
296000
435000
323500
249000
297000
425000
415000
366250
233500
230000
495000
360000
316750
245000
314500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

18. Pearl City - Aiea
1-9-6 to 1-9-9
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 19 30 -37% 80 94 -15% New Listings 35 31 13% 115 122 -6%
Closed Sales 19 26 -27% 59 68 -13% Closed Sales 27 31 -13% 90 85 6%
Median Sales Price $600,000 $582,500 3% $625,000 $572,500 9% Median Sales Price $323,300 $273,000 18% $315,000 $267,000 18%
Percent of Original List Price Received 98.4% 98.1% 0% 102.5% 96.2% 7% Percent of Original List Price Received 98.9% 97.5% 1% 96.9% 98.9% -2%
Median Days on Market Until Sale 24 34 -29% 21 36 -42% Median Days on Market Until Sale 25 13 92% 25 24 4%
Inventory of Homes for Sale 64 62 3% - - - Inventory of Homes for Sale 79 69 14% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 18
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
14 16 21 14 26 17 24 21 18 13 10 26 23 24 13 26 20 16 19 14 17 8 11 19
0
5
10
15
20
25
30
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
622500
572000
540000
555000
652000
530000
609400
540000
543250
530000
592500
582500
618000
632500
622000
649500
610000
609000
645000
587500
675000
669938
575000
600000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
34 17 27 27 24 23 18 28 21 12 21 31 32 22 27 23 21 39 31 26 18 18 25 27
0
5
10
15
20
25
30
35
40
45
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
268500
250000
275000
274000
304000
245000
297000
326000
215500
191250
305000
273000
277500
306500
280000
345000
290000
288000
291500
315000
297500
310000
300000
323300
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

19. Wahiawa
1-7-1 to 1-7-7
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 7 8 -13% 30 31 -3% New Listings 1 3 -67% 10 5 100%
Closed Sales 7 7 0% 21 23 -9% Closed Sales 2 2 0% 8 7 14%
Median Sales Price $500,000 $422,500 18% $465,000 $405,000 15% Median Sales Price $137,000 $116,750 17% $137,000 $145,000 -6%
Percent of Original List Price Received 103.1% 91.5% 13% 95.9% 95.3% 1% Percent of Original List Price Received 94.8% 93.8% 1% 89.8% 93.5% -4%
Median Days on Market Until Sale 19 9 111% 33 17 94% Median Days on Market Until Sale 22 68 -68% 19 41 -54%
Inventory of Homes for Sale 24 24 0% - - - Inventory of Homes for Sale 10 10 0% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 19
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
4 7 8 9 8 2 8 5 7 5 4 7 8 5 8 6 7 5 10 5 7 3 4 7
0
2
4
6
8
10
12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
425000
400000
376500
407000
371250
477500
457889
475000
350000
384200
423500
422500
383500
515000
475000
467500
500000
435000
447500
385000
510000
465000
423750
500000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
1 0 0 3 1 0 0 0 0 0 2 2 0 0 1 1 1 0 3 1 0 2 4 2
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
143500
0
0
96000
100000
0
0
0
0
0
128500
116750
0
0
136000
161000
134000
0
128000
144000
0
154500
154750
137000
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

20. Waialae - Kahala
1-3-5
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 17 12 42% 63 40 58% New Listings 10 6 67% 16 19 -16%
Closed Sales 9 9 0% 32 30 7% Closed Sales 4 4 0% 16 14 14%
Median Sales Price $1,600,000 $1,700,000 -6% $1,850,000 $1,605,500 15% Median Sales Price $1,036,000 $517,000 100% $482,500 $430,000 12%
Percent of Original List Price Received 106.7% 111.5% -4% 92.8% 99.0% -6% Percent of Original List Price Received 99.6% 96.8% 3% 100.6% 91.1% 10%
Median Days on Market Until Sale 9 35 -74% 24 37 -35% Median Days on Market Until Sale 20 9 122% 36 28 29%
Inventory of Homes for Sale 59 43 37% - - - Inventory of Homes for Sale 16 17 -6% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 20
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
8 12 5 17 11 10 15 15 8 6 7 9 5 9 9 15 9 6 12 9 6 6 10 9
0
2
4
6
8
10
12
14
16
18
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
1550000
1470000
895000
1679470
1760000
1342500
1450000
1285000
1475000
1642250
1520000
1700000
1580000
1600000
1405000
1420000
1593000
2110000
1875000
1325000
1777500
2100000
2375000
1600000
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
6 2 7 1 8 7 2 4 2 2 6 4 6 5 3 3 5 1 3 3 4 5 3 4
0
1
2
3
4
5
6
7
8
9
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
385000
482900
450000
115000
418000
740000
562500
585000
425000
277500
579500
517000
322500
225000
450000
459000
418000
863000
140000
575000
222500
485000
550000
1036000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

21. Waikiki
1-2-6
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 0 0 - 0 1 - New Listings 128 144 -11% 543 492 10%
Closed Sales 0 0 - 0 0 - Closed Sales 89 116 -23% 287 366 -22%
Median Sales Price $0 $0 - $0 $0 - Median Sales Price $355,000 $317,000 12% $325,000 $315,000 3%
Percent of Original List Price Received 0.0% 0.0% - 0.0% 0.0% - Percent of Original List Price Received 94.7% 95.3% -1% 95.6% 94.3% 1%
Median Days on Market Until Sale 0 0 - 0 0 - Median Days on Market Until Sale 33 27 22% 30 40 -25%
Inventory of Homes for Sale 0 1 - - - - Inventory of Homes for Sale 496 414 20% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 21
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0
0
1
2
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
131000
0
0
0
1410000
0
0
0
0
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
86 80 75 77 63 82 67 95 75 67 100 116 94 86 112 79 92 73 79 76 49 62 85 89
0
20
40
60
80
100
120
140
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
266500
285000
260000
325000
295000
358500
315000
300000
340000
340000
287500
317000
327000
320000
360500
380000
328500
328000
350000
352250
285000
300000
298000
355000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

22. Waipahu
1-9-4
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 22 23 -4% 98 78 26% New Listings 20 27 -26% 91 93 -2%
Closed Sales 25 11 127% 70 58 21% Closed Sales 30 22 36% 65 60 8%
Median Sales Price $599,900 $520,000 15% $579,000 $530,000 9% Median Sales Price $280,500 $272,000 3% $300,000 $252,500 19%
Percent of Original List Price Received 100.0% 104.0% -4% 99.4% 97.7% 2% Percent of Original List Price Received 100.0% 98.0% 2% 99.7% 98.2% 2%
Median Days on Market Until Sale 18 16 13% 23 21 10% Median Days on Market Until Sale 30 16 88% 18 16 13%
Inventory of Homes for Sale 68 52 31% - - - Inventory of Homes for Sale 68 54 26% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 22
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
13 17 8 23 23 20 16 31 17 8 19 11 19 15 16 26 17 19 21 24 17 9 18 25
0
5
10
15
20
25
30
35
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
565000
482000
554000
520000
523000
552500
527750
524900
539000
493000
569000
520000
529000
515000
526250
545000
515000
557500
550000
544500
560000
575000
568750
599900
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
16 14 10 13 20 23 24 9 11 12 15 22 27 17 24 17 23 20 28 19 12 13 15 30
0
5
10
15
20
25
30
35
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
253000
241500
242500
315000
270000
260000
240550
275000
246000
282500
250000
272000
285000
251000
270000
263000
285000
272000
308500
285000
279500
325000
315000
280500
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

23. Windward Coast
1-4-8 to 1-5-5
April 2014
2014 2013 Change 2014 2013 Change 2014 2013 Change 2014 2013 Change
New Listings 10 5 100% 38 29 31% New Listings 2 6 -67% 8 16 -50%
Closed Sales 5 6 -17% 9 20 -55% Closed Sales 1 2 -50% 6 8 -25%
Median Sales Price $692,500 $607,500 14% $680,000 $558,000 22% Median Sales Price $205,000 $117,500 74% $207,500 $171,000 21%
Percent of Original List Price Received 98.2% 96.9% 1% 95.1% 96.4% -1% Percent of Original List Price Received 100.0% 100.0% 0% 100.0% 86.1% 16%
Median Days on Market Until Sale 30 49 -39% 25 64 -61% Median Days on Market Until Sale 5 6 -17% 71 46 54%
Inventory of Homes for Sale 53 37 43% - - - Inventory of Homes for Sale 14 16 -13% - - -
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.
Page 23
Local Market Update
April 2014
Single Family Homes April Year to Date
Condos April Year to Date
7 2 1 7 3 7 6 2 4 6 4 6 3 1 3 2 5 6 5 4 2 3 2 5
0
1
2
3
4
5
6
7
8
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Single Family Homes
589000
420000
136000
530000
578000
525000
495000
552500
532500
563000
729000
607500
615000
800000
730000
573500
675000
476000
600000
762000
850000
500000
937500
692500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Single Family Homes
1 1 1 2 0 0 0 1 2 3 1 2 2 1 0 1 3 3 0 1 2 1 2 1
0
1
2
3
4
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Closed Sales : Condos
215000
185000
175000
145000
0
0
0
160000
193000
152000
240000
117500
197000
295000
0
140000
357500
175000
0
305000
237000
210000
128950
205000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Median Sales Price : Condos

24. Single Family Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 1 of 4
Central Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
LAUNANI VALLEY 580,000$ - - - 1 - - -
MILILANI AREA 554,500$ 630,500$ 13.7% $76,000 4 6 50.0% 2
MILILANI MAUKA 610,000$ 705,000$ 15.6% $95,000 12 6 -50.0% -6
WAHIAWA AREA 575,500$ 501,500$ -12.9% -$74,000 2 5 150.0% 3
WHITMORE VILLAGE 363,250$ 290,000$ -20.2% -$73,250 2 1 -50.0% -1
WAIPIO ACRES/WAIKALANI WOOD - 380,000$ - - - 1 - -
WAHIAWA HEIGHTS 525,000$ 464,000$ -11.6% -$61,000 3 1 -66.7% -2
Central Region 579,500$ 624,000$ 7.7% $44,500 24 20 -16.7% -4
Diamond Hd Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AINA HAINA AREA 876,500$ - - - 1 - - -
AINA HAINA BEACH - 821,000$ - - - 1 - -
BLACK POINT 6,200,000$ - - - 1 - - -
DIAMOND HEAD 2,150,000$ - - - 1 - - -
HAWAII LOA RIDGE 2,210,000$ - - - 3 - - -
KAHALA AREA 2,612,500$ 1,820,000$ -30.3% -$792,500 4 2 -50.0% -2
KAILANI IKI - 961,000$ - - - 1 - -
KAIMUKI 860,000$ 962,500$ 11.9% $102,500 5 4 -20.0% -1
KAPAHULU 610,000$ 780,000$ 27.9% $170,000 1 3 200.0% 2
KULIOUOU 920,000$ - - - 1 - - -
MAUNALANI HEIGHTS 1,295,000$ - - - 3 - - -
NIU BEACH 4,900,000$ - - - 1 - - -
NIU VALLEY - 865,000$ - - - 2 - -
PAIKO LAGOON - 2,400,000$ - - - 1 - -
PALOLO 655,000$ 707,500$ 8.0% $52,500 5 2 -60.0% -3
ST. LOUIS 762,500$ - - - 2 - - -
WAIALAE G/C - 1,800,000$ - - - 1 - -
WAIALAE IKI 1,611,000$ 1,900,000$ 17.9% $289,000 3 3 0.0% 0
WAIALAE NUI RDGE 1,030,000$ 1,420,000$ 37.9% $390,000 2 1 -50.0% -1
WAIALAE NUI-LOWER - 821,000$ - - - 1 - -
WAILUPE AREA 1,750,000$ - - - 1 - - -
WILHELMINA - 999,999$ - - - 5 - -
Diamond Hd Region 1,122,500$ 961,000$ -14.4% -$161,500 34 27 -20.6% -7
Hawaii Kai Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
HAHAIONE-UPPER 985,000$ - - - 1 - - -
KALAMA VALLEY 925,000$ - - - 2 - - -
KOKO HEAD TERRAC 770,000$ 875,000$ 13.6% $105,000 3 4 33.3% 1
KOKO KAI 2,250,000$ 2,888,000$ 28.4% $638,000 1 1 0.0% 0
KOKO VILLAS 1,150,000$ 1,335,000$ 16.1% $185,000 1 1 0.0% 0
LAULIMA - 865,000$ - - - 1 - -
LUNA KAI 1,265,000$ 1,700,000$ 34.4% $435,000 1 1 0.0% 0
MARINERS COVE 950,000$ - - - 2 - - -
MARINERS RIDGE - 950,000$ - - - 1 - -
MARINERS VALLEY 888,000$ - - - 1 - - -
QUEENS GATE 945,000$ - - - 1 - - -
TRIANGLE 1,227,500$ 2,500,000$ 103.7% $1,272,500 2 1 -50.0% -1
Hawaii Kai Region 985,000$ 1,068,500$ 8.5% $83,500 15 10 -33.3% -5

25. Single Family Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 2 of 4
Leeward Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
LUALUALEI 342,500$ - - - 2 - - -
MAILI 370,950$ 242,000$ -34.8% -$128,950 4 7 75.0% 3
MAILI SEA-KAIMALINO - 444,000$ - - - 1 - -
MAILI SEA-MAKALAE 1 492,152$ 389,000$ -21.0% -$103,152 2 1 -50.0% -1
MAKAHA 257,500$ 688,000$ 167.2% $430,500 6 2 -66.7% -4
WAIANAE 515,000$ 280,000$ -45.6% -$235,000 2 3 50.0% 1
NANAKULI 105,000$ - - - 1 - - -
Leeward Region 330,000$ 316,500$ -4.1% -$13,500 17 14 -17.6% -3
Ewa Plain Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
EWA BEACH 435,000$ 410,000$ -5.7% -$25,000 5 5 0.0% 0
EWA GEN ALII COVE - 413,000$ - - - 1 - -
EWA GEN HALEAKEA 775,000$ - - - 1 - - -
EWA GEN LAULANI-TIDES - 480,000$ - - - 3 - -
EWA GEN LAULANI-TRADES - 505,000$ - - - 1 - -
EWA GEN KULA LEI 520,000$ 480,000$ -7.7% -$40,000 1 1 0.0% 0
EWA GEN LAS BRISAS 388,500$ 457,500$ 17.8% $69,000 2 1 -50.0% -1
EWA GEN LATITUDES 630,000$ - - - 1 - - -
EWA GEN LOMBARD WAY 345,000$ - - - 1 - - -
EWA GEN MONTECITO/TUSCANY 462,500$ 465,000$ 0.5% $2,500 2 1 -50.0% -1
EWA GEN PRESCOTT 560,000$ 630,000$ 12.5% $70,000 1 1 0.0% 0
EWA GEN SODA CREEK 455,000$ 505,000$ 11.0% $50,000 1 2 100.0% 1
EWA GEN SONOMA 625,000$ - - - 3 - - -
EWA GEN TERRAZZA 399,999$ 455,000$ 13.8% $55,001 1 3 200.0% 2
EWA GEN SUN TERRA 455,000$ 515,000$ 13.2% $60,000 1 1 0.0% 0
EWA GEN SUN TERRA ON THE PARK 485,000$ - - - 1 - - -
EWA GEN SUN TERRA SOUTH 520,000$ 538,000$ 3.5% $18,000 1 1 0.0% 0
EWA GEN TIBURON - 457,250$ - - - 2 - -
EWA GEN TUSCANY II 472,500$ - - - 2 - - -
EWA GEN WOODBRIDGE 648,000$ - - - 1 - - -
EWA VILLAGES 442,000$ 478,000$ 8.1% $36,000 1 4 300.0% 3
HOAKALEI-KA MAKANA 650,000$ 733,500$ 12.8% $83,500 1 4 300.0% 3
HUELANI - 645,000$ - - - 1 - -
KAPOLEI 436,200$ 485,000$ 11.2% $48,800 2 1 -50.0% -1
KAPOLEI-AELOA 750,000$ - - - 1 - - -
KAPOLEI-KAI - 585,000$ - - - 1 - -
KAPOLEI-IWALANI 589,000$ 564,000$ -4.2% -$25,000 1 1 0.0% 0
KAPOLEI-KNOLLS 670,000$ - - - 1 - - -
KAPOLEI-KEKUILANI - 543,000$ - - - 1 - -
KO OLINA 1,300,000$ - - - 1 - - -
LEEWARD ESTATES 380,000$ - - - 3 - - -
OCEAN POINTE 586,000$ 593,000$ 1.2% $7,000 8 6 -25.0% -2
WESTLOCH FAIRWAY 557,500$ 574,000$ 3.0% $16,500 2 2 0.0% 0
Ewa Plain Region 518,700$ 508,000$ -2.1% -$10,700 26 44 69.2% 18
Makakilo Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
MAKAKILO-ANUHEA 564,000$ 575,000$ 2.0% $11,000 2 1 -50.0% -1
MAKAKILO-HIGHPOINTE 616,000$ - - - 1 - - -
MAKAKILO-HIGHLANDS - 645,000$ - - - 1 - -
MAKAKILO-KAHIWELO 647,500$ 696,250$ 7.5% $48,750 2 2 0.0% 0
MAKAKILO-KUMULANI 1,220,000$ - - - 1 - - -
MAKAKILO-UPPER 443,000$ 555,000$ 25.3% $112,000 5 5 0.0% 0
MAKAKILO-LOWER 450,000$ 460,375$ 2.3% $10,375 1 2 100.0% 1
MAKAKILO-ROYAL RIDGE - 607,000$ - - - 1 - -
MAKAKILO-PALEHUA HGTS 565,000$ 669,000$ 18.4% $104,000 3 3 0.0% 0
MAKAKILO-WAI KALOI - 620,475$ - - - 2 - -
MAKAKILO-WEST HILLS 580,000$ 600,000$ 3.4% $20,000 2 1 -50.0% -1
NANAKAI GARDENS 430,000$ - - - 1 - - -
Makakilo Region 553,500$ 603,500$ 9.0% $50,000 18 18 0.0% 0

26. Single Family Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 3 of 4
Kailua Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AIKAHI PARK 1,250,000$ 1,092,250$ -12.6% -$157,750 1 2 100.0% 1
BEACHSIDE 2,425,000$ 2,598,000$ 7.1% $173,000 2 1 -50.0% -1
CNRTY CLUB KNOLL 1,295,000$ - - - 1 - - -
COCONUT GROVE 693,500$ 783,250$ 12.9% $89,750 6 2 -66.7% -4
ENCHANTED LAKE 924,000$ 910,000$ -1.5% -$14,000 4 3 -25.0% -1
KAILUA BLUFFS - 829,000$ - - - 1 - -
KAIMALINO 1,607,000$ - - - 1 - - -
KALAMA TRACT 1,010,000$ - - - 2 - - -
KALAMA/CNUT GROV 615,000$ 1,395,000$ 126.8% $780,000 1 1 0.0% 0
KALAHEO HILLSIDE 500,000$ - - - 1 - - -
KAWAILOA 1,200,000$ - - - 1 - - -
KAOPA 872,000$ 760,000$ -12.8% -$112,000 1 1 0.0% 0
KEOLU HILLS 733,000$ 723,000$ -1.4% -$10,000 2 2 0.0% 0
KOOLAUPOKO - 895,000$ - - - 1 - -
LANIKAI 3,500,000$ - - - 1 - - -
POHAKUPU - 697,500$ - - - 2 - -
OLOMANA - 738,000$ - - - 1 - -
WAIMANALO 230,000$ 3,850,000$ 1573.9% $3,620,000 3 1 -66.7% -2
Kailua Region 865,000$ 879,750$ 1.7% $14,750 27 18 -33.3% -9
Pearl City Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AIEA AREA 450,000$ 653,000$ 45.1% $203,000 3 2 -33.3% -1
AIEA HEIGHTS 650,000$ 675,000$ 3.8% $25,000 4 3 -25.0% -1
FOSTER VILLAGE 640,000$ 700,000$ 9.4% $60,000 1 1 0.0% 0
HALAWA 590,000$ - - - 3 - - -
MOMILANI 621,250$ 575,000$ -7.4% -$46,250 2 1 -50.0% -1
NEWTOWN - 610,000$ - - - 5 - -
PACIFIC PALISADES 527,500$ 500,000$ -5.2% -$27,500 4 2 -50.0% -2
PEARLRIDGE 713,315$ - - - 1 - - -
PEARL CITY-UPPER 515,000$ 570,000$ 10.7% $55,000 3 4 33.3% 1
ROYAL SUMMIT 890,000$ - - - 1 - - -
WAILUNA 775,000$ - - - 1 - - -
WAIMALU 512,000$ 685,000$ 33.8% $173,000 3 1 -66.7% -2
Pearl City Region 582,500$ 600,000$ 3.0% $17,500 26 19 -26.9% -7
Kaneohe Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AHUIMANU AREA 755,000$ - - - 4 - - -
ALII SHORES - 1,275,000$ - - - 1 - -
CLUB VIEW ESTATE 625,000$ 648,000$ 3.7% $23,000 1 1 0.0% 0
HAIKU PARK 872,000$ - - - 1 - - -
HALEKAUWILA 370,000$ - - - 1 - - -
HAUULA 525,000$ 690,000$ 31.4% $165,000 2 1 -50.0% -1
KAALAEA 662,500$ 692,500$ 4.5% $30,000 2 2 0.0% 0
KAAAWA - 695,000$ - - - 1 - -
KAHANAHOU 800,000$ - - - 1 - - -
KANEOHE TOWN 662,000$ 775,000$ 17.1% $113,000 1 2 100.0% 1
KAPUNA HALA - 750,000$ - - - 1 - -
KEAPUKA 742,000$ - - - 2 - - -
LILIPUNA 1,950,000$ - - - 1 - - -
LULANI OCEAN 629,000$ - - - 1 - - -
MIKIOLA 687,500$ - - - 2 - - -
PIKOILOA - 695,000$ - - - 1 - -
PUNALUU 499,000$ - - - 1 - - -
PUAHUULA 750,000$ - - - 1 - - -
PUOHALA VILLAGE 619,000$ - - - 1 - - -
WAIKALUA - 717,000$ - - - 2 - -
WAIHEE 695,000$ - - - 1 - - -
Kaneohe Region 662,000$ 695,000$ 5.0% $33,000 23 12 -47.8% -11

27. Single Family Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 4 of 4
North Shore Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
KAHUKU 399,000$ - - - 1 - - -
LAIE 730,000$ - - - 1 - - -
HALEIWA - 799,000$ - - - 1 - -
PUPUKEA 605,000$ 1,400,000$ 131.4% $795,000 1 1 0.0% 0
SUNSET AREA 875,000$ 925,000$ 5.7% $50,000 3 1 -66.7% -2
SUNSET/VELZY 820,000$ - - - 1 - - -
WAIALUA 750,000$ 657,500$ -12.3% -$92,500 1 2 100.0% 1
North Shore Region 740,000$ 799,000$ 8.0% $59,000 8 5 -37.5% -3
Waipahu Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
CRESTVIEW - 425,000$ - - - 1 - -
HALE LUMI - 619,000$ - - - 1 - -
SEAVIEW 550,000$ 735,000$ 33.6% $185,000 1 1 0.0% 0
ROYAL KUNIA 520,000$ 585,000$ 12.5% $65,000 3 7 133.3% 4
VILLAGE PARK 411,050$ 524,750$ 27.7% $113,700 2 6 200.0% 4
WAIKELE 549,000$ 750,000$ 36.6% $201,000 2 3 50.0% 1
WAIPAHU-LOWER 543,000$ 660,000$ 21.5% $117,000 2 5 150.0% 3
WAIPIO GENTRY 520,000$ 650,000$ 25.0% $130,000 1 1 0.0% 0
Waipahu Region 520,000$ 599,900$ 15.4% $79,900 11 25 127.3% 14
Metro Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
ALEWA HEIGHTS 900,000$ 754,750$ -16.1% -$145,250 3 2 -33.3% -1
DOWSETT 2,000,000$ - - - 1 - - -
ALIAMANU 600,000$ 560,000$ -6.7% -$40,000 3 1 -66.7% -2
KALIHI-LOWER 500,000$ 460,000$ -8.0% -$40,000 1 3 200.0% 2
KALIHI VALLEY 530,000$ - - - 1 - - -
KALIHI-UPPER 675,000$ 690,000$ 2.2% $15,000 1 1 0.0% 0
KALIHI UKA - 602,500$ - - - 2 - -
KAM HEIGHTS 895,000$ 482,000$ -46.1% -$413,000 2 3 50.0% 1
KAPAHULU - 962,500$ - - - 1 - -
KUAKINI - 630,000$ - - - 1 - -
LILIHA 577,500$ 568,000$ -1.6% -$9,500 2 2 0.0% 0
MAKIKI AREA 792,250$ - - - 2 - - -
MAKIKI HEIGHTS 1,050,000$ 2,201,500$ 109.7% $1,151,500 3 2 -33.3% -1
MANOA AREA 885,000$ 985,000$ 11.3% $100,000 3 3 0.0% 0
MANOA-UPPER 595,000$ - - - 1 - - -
MANOA-LOWER - 1,390,000$ - - - 2 - -
MANOA-WOODLAWN - 1,350,000$ - - - 1 - -
MOANALUA GARDENS 619,000$ 768,000$ 24.1% $149,000 3 3 0.0% 0
MOANALUA VALLEY -$ 730,000$ - $730,000 - 1 - -
NUUANU LOWER 872,500$ - - - 2 - - -
OLD PALI - 1,700,000$ - - - 1 - -
PAUOA VALLEY - 903,688$ - - - 1 - -
PUUNUI 980,000$ - - - 2 - - -
PUNCHBOWL AREA 685,000$ - - - 1 - - -
SALT LAKE - 815,000$ - - - 1 - -
TANTALUS - 1,625,000$ - - - 1 - -
Metro Region 820,000$ 759,000$ -7.4% -$61,000 31 32 3.2% 1

28. Condo Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 1 of 3
Central Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
LAUNANI VALLEY 360,000$ 344,500$ -4.3% -$15,500 5 2 -60.0% -3
MILILANI AREA 344,000$ 339,950$ -1.2% -$4,050 6 8 33.3% 2
MILILANI MAUKA 304,500$ 390,000$ 28.1% $85,500 10 8 -20.0% -2
WILIKINA 134,000$ 138,000$ 3.0% $4,000 1 1 0.0% 0
WHITMORE VILLAGE 99,500$ 136,000$ 36.7% $36,500 1 1 0.0% 0
WAIPIO ACRES/WAIKALANI WOOD 157,000$ 150,000$ -4.5% -$7,000 4 6 50.0% 2
Central Region 304,000$ 309,500$ 1.8% $5,500 27 26 -3.7% -1
Diamond Hd Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
DIAMOND HEAD 455,000$ 415,000$ -8.8% -$40,000 7 1 -85.7% -6
KAHALA AREA 1,075,000$ 1,578,500$ 46.8% $503,500 1 2 100.0% 1
KAIMUKI - 479,000$ - - - 2 - -
KAPAHULU - 363,500$ - - - 1 - -
MAUNALANI HEIGHTS 970,000$ - - - 1 - - -
PAIKO LAGOON 745,000$ - - - 1 - - -
ST. LOUIS 479,000$ 535,000$ 11.7% $56,000 1 3 200.0% 2
WAIALAE G/C 225,000$ - - - 1 - - -
WAIALAE NUI VLY 517,000$ 517,500$ 0.1% $500 2 2 0.0% 0
Diamond Hd Region 531,500$ 535,000$ 0.7% $3,500 14 11 -21.4% -3
Ewa Plain Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AG/INDL/NAVY 180,000$ - - - 3 - - -
EWA 260,000$ 260,500$ 0.2% $500 7 6 -14.3% -1
EWA BEACH - 193,000$ - - - 2 - -
EWA GEN SUN TERRA ON THE PARK 228,000$ 250,000$ 9.6% $22,000 1 1 0.0% 0
EWA GEN SODA CREEK 215,500$ 269,500$ 25.1% $54,000 2 2 0.0% 0
HOAKALEI-KA MAKANA 425,000$ 460,000$ 8.2% $35,000 1 1 0.0% 0
KAPOLEI 353,238$ 298,000$ -15.6% -$55,238 4 8 100.0% 4
KO OLINA 560,000$ 615,000$ 9.8% $55,000 5 9 80.0% 4
OCEAN POINTE 280,000$ 389,000$ 38.9% $109,000 3 7 133.3% 4
Ewa Plain Region 297,500$ 370,000$ 24.4% $72,500 26 36 38.5% 10
Hawaii Kai Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
HAHAIONE-LOWER 513,000$ 515,000$ 0.4% $2,000 4 6 50.0% 2
KALAMA VALLEY 579,000$ - - - 3 - - -
MARINERS VALLEY 508,000$ 448,000$ -11.8% -$60,000 2 1 -50.0% -1
WEST MARINA 628,500$ 625,000$ -0.6% -$3,500 17 12 -29.4% -5
Hawaii Kai Region 580,500$ 565,000$ -2.7% -$15,500 26 19 -26.9% -7
Kailua Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AIKAHI PARK 425,000$ 500,000$ 17.6% $75,000 3 1 -66.7% -2
BLUESTONE 793,000$ 758,500$ -4.4% -$34,500 1 2 100.0% 1
KAILUA BLUFFS 567,000$ - - - 1 - - -
KAILUA TOWN 426,500$ 410,000$ -3.9% -$16,500 4 5 25.0% 1
KAWAILOA - 845,000$ - - - 1 - -
Kailua Region 436,000$ 500,000$ 14.7% $64,000 9 9 0.0% 0
Kaneohe Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
ALII BLUFFS 517,000$ - - - 1 - - -
COUNTRY CLUB - 574,500$ - - - 2 - -
HAIKU PLANTATION - 470,000$ - - - 1 - -
KAAAWA - 205,000$ - - - 1 - -
LILIPUNA 500,000$ 484,000$ -3.2% -$16,000 1 2 100.0% 1
PARKWAY 470,000$ 505,000$ 7.4% $35,000 1 1 0.0% 0
PUUALII 543,000$ 575,000$ 5.9% $32,000 4 3 -25.0% -1
PUNALUU 117,500$ - - - 2 - - -
TEMPLE VALLEY 486,750$ 262,000$ -46.2% -$224,750 4 1 -75.0% -3
WINDWARD ESTATES 212,000$ 300,000$ 41.5% $88,000 3 7 133.3% 4
Kaneohe Region 480,500$ 391,750$ -18.5% -$88,750 16 18 12.5% 2

29. Condo Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 2 of 3
Leeward Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
MAILI 61,375$ 139,000$ 126.5% $77,625 2 3 50.0% 1
WAIANAE 65,000$ 70,700$ 8.8% $5,700 3 2 -33.3% -1
MAKAHA 112,000$ 137,500$ 22.8% $25,500 12 14 16.7% 2
Leeward Region 96,000$ 135,000$ 40.6% $39,000 17 19 11.8% 2
Makakilo Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
MAKAKILO-UPPER 285,000$ 306,000$ 7.4% $21,000 7 9 28.6% 2
Makakilo Region 285,000$ 306,000$ 7.4% $21,000 7 9 28.6% 2
Metro Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
ALA MOANA 207,100$ 289,500$ 39.8% $82,400 12 10 -16.7% -2
CHINATOWN 465,000$ 568,500$ 22.3% $103,500 4 4 0.0% 0
DILLINGHAM - 337,500$ - - - 2 - -
DOWNTOWN 376,000$ 377,000$ 0.3% $1,000 8 13 62.5% 5
HOLIDAY MART 276,500$ 304,250$ 10.0% $27,750 8 6 -25.0% -2
KAKAAKO 677,500$ 655,000$ -3.3% -$22,500 34 29 -14.7% -5
KAPAHULU 245,000$ 425,000$ 73.5% $180,000 1 1 0.0% 0
KALIHI AREA - 247,000$ - - - 2 - -
KAPIOLANI 360,000$ 457,000$ 26.9% $97,000 7 13 85.7% 6
KUAKINI 360,000$ 380,000$ 5.6% $20,000 1 1 0.0% 0
MAKIKI 215,000$ 228,000$ 6.0% $13,000 3 1 -66.7% -2
MAKIKI AREA 415,000$ 318,500$ -23.3% -$96,500 11 20 81.8% 9
MANOA-LOWER 220,000$ - - - 1 - - -
MILITARY - 335,000$ - - - 1 - -
MOILIILI 325,000$ 315,000$ -3.1% -$10,000 5 14 180.0% 9
NUUANU-LOWER 532,500$ 639,000$ 20.0% $106,500 4 1 -75.0% -3
PAUOA VALLEY - 799,000$ - - - 1 - -
PAWAA 259,000$ 312,500$ 20.7% $53,500 3 2 -33.3% -1
PUNAHOU 284,300$ 250,000$ -12.1% -$34,300 7 3 -57.1% -4
PUNCHBOWL AREA 320,000$ 315,000$ -1.6% -$5,000 15 10 -33.3% -5
PUNCHBOWL-LOWER 180,500$ 258,000$ 42.9% $77,500 4 2 -50.0% -2
SALT LAKE 299,000$ 312,500$ 4.5% $13,500 15 16 6.7% 1
WAIKIKI 317,000$ 355,000$ 12.0% $38,000 116 89 -23.3% -27
Metro Region 350,000$ 362,500$ 3.6% $12,500 259 241 -6.9% -18
North Shore Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
WAIALUA 412,000$ 282,000$ -31.6% -$130,000 1 4 300.0% 3
KUILIMA 235,000$ 342,500$ 45.7% $107,500 3 2 -33.3% -1
North Shore Region 323,500$ 314,500$ -2.8% -$9,000 4 6 50.0% 2
Pearl City Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
AIEA AREA - 199,000$ - - - 1 - -
HALAWA 334,125$ 364,000$ 8.9% $29,875 2 4 100.0% 2
MANANA 202,000$ 260,000$ 28.7% $58,000 1 2 100.0% 1
AIEA AREA 182,500$ - - - 2 - - -
NEWTOWN - 365,000$ - - - 1 - -
PEARLRIDGE 292,000$ 325,000$ 11.3% $33,000 19 9 -52.6% -10
WAIAU 242,000$ 249,000$ 2.9% $7,000 5 6 20.0% 1
WAIMALU - 225,000$ - - - 1 - -
WAILUNA 363,000$ 445,000$ 22.6% $82,000 2 3 50.0% 1
Pearl City Region 273,000$ 323,300$ 18.4% $50,300 31 27 -12.9% -4

30. Condo Solds - April 2014 vs 2013 (Based on region and neighborhood groupings as listed in MLS) - Page 3 of 3
Waipahu Region 2013 Median 2014 Median +/- +/- 2013 Sold 2014 Sold +/- +/-
ROYAL KUNIA 280,000$ 285,000$ 1.8% $5,000 1 1 0.0% 0
VILLAGE PARK 269,000$ 291,000$ 8.2% $22,000 1 1 0.0% 0
WAIKELE 300,000$ 326,000$ 8.7% $26,000 9 9 0.0% 0
WAIPAHU-LOWER 239,500$ 185,000$ -22.8% -$54,500 10 5 -50.0% -5
WAIPIO GENTRY 320,000$ 277,000$ -13.4% -$43,000 1 8 700.0% 7
Waipahu Region 270,000$ 295,500$ 9.4% $25,500 22 24 9.1% 2