Real Estate Sales & Research

OAHU REAL ESTATE REPORT

April 2011 SALES ACTIVITY

KEY OBSERVATIONS
Sales trended downward for single-family homes, decreasing 5.9% to 655 in the three month period from February
2011 through April 2011 as compared to the same period last year. Condominium sales increased by 1.7% to 1,004.
Median prices for single family homes decreased by 2.6% to $570,000. The condominium median price rose 1.6% to
$310,000 compared to the same three month period last year.

Prudential Locations examines monthly numbers as well as statistics for rolling three-month periods as a way to better
identify trends in the market. In addition to the 30 highlighted areas on the report, Prudential Locations tracks real
estate data for over 300 unique neighborhoods across Oahu, many of which have their own unique trends. For more
information on a specific neighborhood, please contact your Prudential Locations agent.

Resales (Over 3-Month Period) Median Price (Over 3-Month Period)

Feb 11- Nov 10- Feb 10- Feb 11- Nov 10- Feb 10-
SINGLE FAMILY April 2011 %ch %ch April 2011 %ch %ch
Apr 11 Jan 11 Apr 10 Apr 11 Jan 11 Apr 10

All Oahu 227 655 735 -10.9% 696 -5.9% $590,000 $570,000 $580,000 -1.7% $585,000 -2.6%

East Oahu 8 21 18 16.7% 15 40.0% $1,632,000 $1,060,000 $1,562,500 -32.2% $1,000,000 6.0%
Ewa 32 109 109 0.0% 129 -15.5% $424,000 $430,000 $425,000 1.2% $429,000 0.2%
Hawaii Kai 23 39 34 14.7% 44 -11.4% $889,000 $889,000 $922,000 -3.6% $812,500 9.4%
Kailua 23 56 69 -18.8% 59 -5.1% $770,000 $780,475 $779,000 0.2% $785,000 -0.6%
Kaimuki 14 35 36 -2.8% 37 -5.4% $704,500 $675,000 $745,000 -9.4% $770,000 -12.3%
Kaneohe 13 44 51 -13.7% 68 -35.3% $620,000 $620,000 $651,000 -4.8% $615,926 0.7%
Leeward 19 47 50 -6.0% 42 11.9% $285,000 $284,900 $275,000 3.6% $325,000 -12.3%
Makakilo 2 16 22 -27.3% 13 23.1% $915,000 $500,000 $501,500 -0.3% $624,579 -19.9%
Manoa 3 14 22 -36.4% 9 55.6% $705,000 $941,500 $912,500 3.2% $889,800 5.8%
Mililani 13 44 49 -10.2% 49 -10.2% $590,000 $571,500 $574,500 -0.5% $575,000 -0.6%
North Shore 4 12 13 -7.7% 20 -40.0% $520,000 $584,500 $549,000 6.5% $682,000 -14.3%
Nuuanu-Makiki 8 26 26 0.0% 26 0.0% $745,500 $725,000 $747,211 -3.0% $720,000 0.7%
Pearl City-Aiea 16 40 52 -23.1% 31 29.0% $530,000 $565,000 $572,500 -1.3% $570,000 -0.9%
Waialae-Kahala 9 19 31 -38.7% 23 -17.4% $1,451,000 $1,451,000 $1,375,000 5.5% $1,050,000 38.2%
West Honolulu 9 29 35 -17.1% 33 -12.1% $515,000 $610,000 $515,000 18.4% $560,000 8.9%
Feb 11- Nov 10- Feb 10- Feb 11- Nov 10- Feb 10-
CONDOMINIUM April 2011 %ch %ch April 2011 %ch %ch
Apr 11 Jan 11 Apr 10 Apr 11 Jan 11 Apr 10

All Oahu 373 1,004 910 10.3% 987 1.7% $305,000 $310,000 $300,000 3.3% $305,000 1.6%

Ala Moana-Kakaako 27 85 81 4.9% 74 14.9% $402,000 $447,580 $270,000 65.8% $353,950 26.5%
Diamond Head-Kahala 17 31 27 14.8% 30 3.3% $430,000 $500,000 $470,000 6.4% $455,000 9.9%
Downtown-Nuuanu 31 80 63 27.0% 78 2.6% $359,500 $354,750 $378,500 -6.3% $367,500 -3.5%
Ewa 22 74 65 13.8% 68 8.8% $307,500 $312,500 $315,000 -0.8% $285,000 9.6%
Hawaii Kai 16 42 47 -10.6% 43 -2.3% $457,250 $527,000 $539,000 -2.2% $515,000 2.3%
Kailua 6 16 18 -11.1% 17 -5.9% $625,000 $495,000 $373,000 32.7% $389,000 27.2%
Kaneohe 13 34 29 17.2% 37 -8.1% $355,000 $369,000 $343,000 7.6% $342,000 7.9%
Kapiolani-University 18 46 65 -29.2% 46 0.0% $389,000 $338,000 $300,000 12.7% $290,000 16.6%
Leeward 9 28 20 40.0% 36 -22.2% $88,000 $89,450 $88,750 0.8% $90,000 -0.6%
Makakilo 5 20 18 11.1% 20 0.0% $240,000 $233,500 $227,500 2.6% $250,500 -6.8%
Makiki 24 67 57 17.5% 83 -19.3% $294,000 $305,000 $295,000 3.4% $288,000 5.9%
Mililani 33 75 72 4.2% 54 38.9% $239,000 $250,000 $289,500 -13.6% $291,000 -14.1%
Pearlridge-Aiea 27 80 63 27.0% 81 -1.2% $268,000 $260,000 $292,000 -11.0% $280,000 -7.1%
Salt Lake 13 36 41 -12.2% 61 -41.0% $340,000 $305,000 $283,000 7.8% $269,000 13.4%
Waikiki 79 212 184 15.2% 183 15.8% $250,000 $298,500 $275,900 8.2% $300,000 -0.5%

This report contains real estate activity for several general areas of Oahu.
Prudential Locations’ Research Department currently tracks sales activity for over 300 Oahu neighborhoods.
For information about a specific neighborhood, please call a Prudential Locations agent.
614 Kapahulu Avenue Honolulu, Hawaii 96815 l Visit us at: www.PrudentialLocations.com