Aina Nalu News

aina nalu Sales Statistics

Quarter 3 2009

July - Sept

2009

Studio Upstairs

1 bedroom Upstairs

Downstairs

2/1 bedroom

Up & Downstairs

2/2 bedroom Upstairs

Downstairs

For Sale

1

2

2

2

11

11

Sold

1

0

0

0

0

0

Asking Price High

$239,000

$329,000

$465,000

$589,000

$549,000

$589,000

Asking Price Low

$239,000

$275,000

$349,000

$300,000

$298,000

$299,000

Median Asking Price

$239,000

$302,000

$375,000

$444,500

$399,000

$397,000

Average Asking Price

$239,000

$302,000

$396,333

$444,500

$418,136

$407,364

Median Sold

$195,000

n/a

n/a

n/a

n/a

n/a

Average Sold

$195,000

n/a

n/a

n/a

n/a

n/a

Median for Sale 9/30/09

n/a

$302,000

$362,000

$444,500

$399,250

$350,000

Average for Sale 9/30/09

n/a

$302,000

$362,000

$444,500

$412,937

$379,667

As of 10/19/09 there are 25 active listings, 11 of which are short sales or REO’s (lender-owned) units. During the third quarter, 6 listings were canceled or expired and 10 new listings were added. There is one active listing for 50% ownership of a 2 bedroom, 1 bath unit priced at $225,000. The fractional listings are no longer active on the MLS.

Days on market as of 10/19/09 average 199.

We are aware of more foreclosures in process in Q3 and Q4. The combination of delinquencies, ratio of non-resident to resident owners, the ownership of more than 10% of units by one owner, and other current factors make obtaining financing to purchase at aina nalu challenging.

The Aloha Potts Team at Aloha Realty Group is certified to list and sell distressed properties.

For any aina nalu sales that are closed by the Aloha Potts Team, $100 will be donated to the aina nalu Charitable Fund, which is dedicated to local community assistance. We would be honored to represent you with a purchase or sale of Maui real estate.

Call 808.344.5008 or 808.276.8776

lee@alohapotts.com or barb@alohapotts.com