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HomeMy WebLinkAbout2011 Housing Planning Study - Inventory Report Beyond Information. Intelligence. Established 1960 Database Marketing Economic&Social Impact Studies Evacuation3 Research s • 1 INVENTORY REPORT Modli eng/Foracasfing SMS Prepared 1042 Fait Street Mall Suite 200 Hawai'i Housing Finance and Development Corporation and Honolulu HI 96813 Ph.(808)537-3356 Housing Off icerslAdm inistrators for Honolulu, Maui, Toll Free(877)635-6767 Hawai'i, and Kaua'i Counties Fax. (808)537-2686 lnm@smsh s m Websin e www.smshawaii.co m Department of Hawaiian Home Lands Department of Human Services SMS Affiliations and Associations, Expenan Intematinnel Survey Researeh Solutions Pi , LLc SM S Consulting LLC Prepared by SMS Research & Marketing Services, Inc. 31 Marketing&communications November, 2011 U RT Beyond Information. Intelligence. Established 1960 November 28, 2011 Database Marketing Economic&Social Impact Studies Ms. Janice Takahashi Evaluations Chief Planner Research Hawaii Housing Finance and Development Corporation 677 Queen Street, Suite 300 Modeling/Forecasting Honolulu, Hawaii 96813 Aloha! SMS 1042 Fort Street Mall Suite 200 This is the work product for the Housing Inventory component of Honolulu, HI 96813 the Hawaii Housing Planning Study 2011. It represents a Ph:(808)537-3356 significant change in methods from prior studies. We are moving Toll Free(877)2686 67 from the Tax Ma Key reports approach to the more readily Fax:(sos>537-zsas P Y P PP Y E-mail:info @smsHawari.com available data provided by the U.S. Census Bureau in the Website: www.smsHawai'i.com American Community Survey (ACS). In our estimation, the substantive difference in the two sources is not significant. That is, we can definitely retain series continuity using ACS data. In the end, we may lose some ability to measure growth in condominium units, but will gain precision in our measurement of multi-family units. Four factors offset those losses: (1) increased precision overall, (2) the comparability of results with other Census-based research, (3) the ability to estimate the number of housing units available to the market, and (4) the ability to update easily on an annual basis. We look forward to your reaction to all of this. We hope the results are useful to you. This report focuses on the State as a whole. In the final reports, the text is written to fit each County and the State. Please call if you have any questions or comments. Sincerely, SMS Affiliations and Associations: Experian James E. Dannemiller International Survey Research Executive Vice President Solutions Pacific,LLC SMS Consulting, LLC 3i Marketing&Communications CONTENTS EXECUTIVE SUMMARY............................................................................................................. 1 INTRODUCTION ....................................................................................................................... 2 CURRENT HOUSING STOCK......................................................................................................4 SOURCES OF INVENTORY DATA............................................................................................................ 4 STATEOF HAWAI'I............................................................................................................................ 6 CITY&COUNTY OF HONOLULU........................................................................................................... 8 COUNTYOF HAWAI'I....................................................................................................................... 10 COUNTYOF MAUI .......................................................................................................................... 11 COUNTYOF KAUA I......................................................................................................................... 12 HOUSING TRENDS ................................................................................................................. 14 TOTALHOUSING UNITS ................................................................................................................... 14 OTHERESTIMATES.......................................................................................................................... 15 AVAILABLE HOUSING UNITS AND HHPS HOUSING INVENTORY................................................................ 16 APPENDIX.............................................................................................................................. 19 LIST OF FIGURES FIGURE 1: HOUSING UNIT ESTIMATES, 2 000-2010.................................................................................. 5 FIGURE 2: TOTAL HOUSING UNITS, 1990-2010..................................................................................... 14 FIGURE 3: TOTAL HOUSING UNITS, NEW UNITS ADDED, 2000-2009 ........................................................ 15 FIGURE 4: INVENTORYAND CENSUS HOUSING UNIT ESTIMATES, 1990To 2010.......................................... 16 FIGURE S: ADDED UNITS: INVENTORY,CENSUS,AND PERMITS DATA, 1990 To 2010.................................... 17 FIGURE IA-1. O'AHu TAx MAP KEY(TMK)ZONES 2011 ........................................................................ 27 FIGURE IA-2: COUNTY OF MAUI TAx MAP KEY(TM K)ZONES, 2011......................................................... 28 FIGURE IA-3:COUNTY OF KAUa I TAx MAP KEY(TM K) ZONES, 2011........................................................ 29 FIGURE IA-4: COUNTY OF HAWAI'I TAx MAP KEY(TM K)ZONES, 2011..................................................... 30 LIST OF TABLES TABLE 1. HOUSING UNIT ESTIMATES, 2000-2010.................................................................................... 5 TABLE 2. TOTAL HOUSING UNITS, 1990-2010, U.S. CENSUS ESTIMATES..................................................... 6 TABLE IA-1: STATE OF HAWAII HOUSING UNIT INVENTORY, 1990-2010................................................... 20 TABLE IA-2: CITY&COUNTY OF HONOLULU HOUSING UNIT INVENTORY, 1990-2010.................................. 21 TABLE IA-3: MAUI COUNTY HOUSING INVENTORY, 1990-2010............................................................... 22 TABLE IA-4: HAWAII COUNTY HOUSING UNIT INVENTORY, 1990-2010.................................................... 23 TABLE IA-5: KAUAI COUNTY HOUSING INVENTORY, 1990-2010.............................................................. 24 TABLE IA-6: TOTAL HOUSING UNITS, 1992, 1997, 2003, 2006,AND 2010............................................. 25 TABLE IA-7: TOTAL OCCUPIED HOUSING UNITS, 1992, 1997, 2003, 2006,AND 2010 .............................. 25 TABLE IA-H: TOTAL OWNER-OCCUPIED HOUSING UNITS, 1992, 1997, 2003, 2006,AND 2010................... 26 TABLE IA-9: HOUSING UNIT TYPES, 1992, 1997, 2003, 2006,AND 2010............................................... 31 TABLE IA-10A: HOUSING INVENTORY BY TYPE, 2010.............................................................................. 32 TABLE IA-10B: ANNUAL PERCENT CHANGE IN HOUSING INVENTORY DISTRIBUTION BY TYPE, 1992-2010 ........ 33 TABLE IA-11: HOUSING INVENTORY BY LAND TENURE, 2010.................................................................. 34 TABLE IA-12: HOUSING INVENTORY BY OWNERSHIP, 2010 .................................................................... 35 TABLE IA-13: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY YEAR BUILT, 2010 .............................. 36 TABLE IA-14: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY YEAR BUILT, 2010 ............................. 37 TABLE IA-15: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY BEDROOMS, 2010.............................. 38 TABLE IA-16: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY BEDROOMS, 2010............................. 39 TABLE IA-17: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY INTERIORAREA, 2010 ......................... 40 TABLE IA-1H: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY INTERIORAREA, 2010........................ 41 TABLE IA-19: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY LAND AREA, 2010 .............................. 42 TABLE IA-20: SINGLE FAMILY HOUSING AVERAGE INTERIORAREA(SOFT) BY BEDROOMS, 2010......................43 TABLE IA-21: CONDOMINIUM HOUSING AVERAGE INTERIORAREA(SOFT) BY BEDROOMS, 2010..................... 44 TABLE IA-22: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY ASSESSED VALUE(THOUSANDS OF DOLLARS), 2010....................................................................................................................................... 45 TABLE IA-23: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY ASSESSED VALUE(THOUSANDS OF DOLLARS), 2010....................................................................................................................................... 46 TABLE IA-24: HOUSING INVENTORY SUMMARY VALUES, 2010................................................................. 47 TABLE IA-25: HOUSING INVENTORY DISTRIBUTION BY OUT-OF-STATE OWNERSHIP, 2010............................. 48 EXECUTIVE SUMMARY The Inventory Report is a key component of the Hawaii Housing Planning Study (HHPS). The number and types of housing units in the housing stock is a direct result of Hawaii's housing production and consumption activity in the past. Details of the inventory should be consistent with housing plans and policies in the present. Understanding the changes in the stock is the basis for housing forecasting and for housing planning in the future. Mirroring the population distribution, we find in 2010 that 65 percent of the State's 519,508 housing units were located in the City & County of Honolulu. Fully 82,324 units (16 percent) were located in the County of Hawaii, 70,492 units (14 percent) were situated in Maui County, and the remaining 6 percent (29,793 units) were found in the County of Kauai'. In the past four years, the total housing stock for the State has increased by four percent (19,487 units). Newly added units were mostly single family and condominium units. According to the HHPS Inventory data, almost 60 percent of housing units statewide were single-family dwellings. Multi-family units marketed as condominium units accounted for another 27 percent, and 10 percent of the State's housing units were apartments. Military, student, and cooperative housing made up the rest of the State's housing units. Hawaii's housing units have an average age of 35 years for single-family units and 29 years for condominium units. As is true for all island communities, space is a limited resource and periods of high demand tend to favor production of smaller units. The average single-family housing unit in the 2011 inventory had about 1,600 square feet in area under roof. Hawaii's lot sizes are quite small relative to other U.S. markets, with an average size of about 14,700 square feet versus more than 20,000 square feet nationwide. Hawaii has a reputation for being one of the most expensive housing markets in the nation. This distinction is supported in the inventory by its median assessed value of $530,800 for single-family homes and $302,800 for condominiums in 2010. National data show Honolulu's median single-family home price at $579,300 and $311,100 for condominium unitS2 in the first quarter of 2011. The inventory's median value assessments were lower than in 2006, but higher than in 2003. This is again consistent with the widely accepted view of Hawaii home prices rising rapidly, holding for somewhat longer than expected, and falling more slowly than in comparable housing markets across the country. The National Association of Realtors' data show that, while Honolulu has the highest prices in the nation, our single-family home prices dropped about seven percent between 2008 and 2011. Homes in comparable high-end markets fell between 25 and 35 percent. In recent years, the number of sources of housing data and the level of detail available on housing have increased dramatically. The 2000 Decennial Census captured housing data in significantly greater detail and the American Community Survey (ACS) now provides information on housing stock for states and counties on an annual basis. In this iteration of the study, we integrate the Tax Map Key (TMK) based inventory data of the past and the ACS data of the last eight years. In the future, we intend to rely more heavily on the Census data, thus increasing utility and accuracy while decreasing project cost. 1 The approximately 100 housing units located in Kalawoao are not included in this analysis. 2 National Association of Realtors at www.realtor.org. Hawari Housing Planning Study,2011 -Inventory Report Page 1 0 SMS, Inc. November,2011 INTRODUCTION The objective of the Housing Inventory component of the Housing Planning Study (HHPS) is to establish the total number of housing units in the State of Hawai i. Based on that number of units, we then develop an estimate of the number of housing units available to the housing market. This information, when compared to the total number of households statewide, allows us to quantify unmet housing demand. When the HHPS was first conducted in 1992, the primary source of data on Hawaii's housing stock was the U.S. Census Bureau's Decennial Census. The Census provided insufficient data to describe the Hawaii housing stock as we would have liked, and the data were not available for intercensal years. The initial HHPS was therefore designed to begin with an inventory intended to provide intercensal estimates of the number and types of units in the State's housing stock. Data were drawn primarily from tax records and later augmented by additional information provided by Hawaii Information Service. The housing counts were used in developing a housing model to project housing need. A narrative was included to describe housing unit type, tenure, ownership, age, number of bedrooms, interior area, land area, assessed value, and out-of-state ownership. In recent years, the number of sources of housing data and the level of detail available on housing have increased dramatically. The 2000 Decennial Census captured housing data in significantly greater detail and the American Community Survey (ACS) now provides information on housing stock for states and counties on an annual basis. In this iteration of the Study, we integrate the Tax Map Key (TMK) based inventory data of the past and the ACS data of the last eight years. In the future, we intend to rely more heavily on the Census data, thus increasing utility and accuracy while decreasing project cost. The 2011 study marks a transition from the special-purpose housing inventory used since 1992, to the more comprehensive and comparable U.S. Census data as the standard upon which this and future studies will be based. Using the new inventory data, we are able to estimate directly the number of housing units available to the residential housing market in Hawaii. In past studies, we have relied on the number of occupied units as our best estimate of the number of units available. The ability to estimate available units directly will support more detailed and effective analysis of housing data and housing planning decisions. The remainder of the report presents data extracted from the inventory process. We begin with a brief description of the current housing stock, its characteristics, and changes that occurred since 2006. We then move to a section on housing trends, in which we review the long-term changes in housing stock since 1990, with an emphasis on the new data available from ACS since 2002. We close with a short piece on "Next Steps', in which we cover the plans for inventory data in the remaining phases of HHPS 2011, and the implications for planning in Hawaii. Several charts and tables appear in the text of this report. Other data are presented in the appendix. As noted, these data will also be included in subsequent sections of the final report and are the foundation of the housing model used to estimate needed units. A more detailed description of methods used to prepare the inventory data will be included in the Technical Report. Hawaii Housing Planning Study,2011 —Inventory Report Page 2 0 SMS, Inc. November,2011 In building inventories for the past two decades, we have relied on past inventories (TMK data) and the new data sources (U.S. Census). This study, therefore, lays the groundwork for developing a comprehensive set of time series data that will help us provide accurate data on past housing market performance, understand current housing stock, and forecast future housing needs. Hawaii Housing Planning Study,2011 —Inventory Report Page 3 0 SMS, Inc. November,2011 CURRENT HOUSING STOCK As in the past, HHPS inventory data provide a detailed description of current housing stock as well as recent changes in the make-up of that stock and the longer-range trends in its composition. Specifically, the inventory data cover housing types, tenures, ages, sizes, and other descriptors to support housing analyses, and we can continue to extract fundamental descriptions of the stock in narrative form. Presented below is a summary of the current housing inventory for the State of Hawaii and its counties, as well as an examination of housing trends during the past 20 years. This data is compiled from various sources including the Decennial Census, American Community Survey, tax records and sources tracked by Hawaii Information Service. The traditional set of housing inventory data tables is included in the Appendix. SOURCES OF INVENTORY DATA In all of the HHPS projects, the source for the inventory data has been the Hawaii Tax Map Key (TMK) system. In constructing the Inventory portion of each study, SMS first eliminated units that are not available to the housing market. In the TMK system that means excluding properties with a PITT code of 700 -- mostly hotels, time shares, and a few temporary visitor rentals (TVRs)that are identified. Traditionally we use the U.S. Census count of total housing units as our comparison source. From the Census total housing units count3 we eliminate those that are held for seasonal or occasional use and units for held for migrant workers. The remaining available units should be roughly equal to the total TMK units minus PITT Code 700 units (See Table 1). Figure 1 on the following page shows a comparison of inventory and adjusted Census housing unit counts. The two series are quite similar except for the year 2000. In 2000, the estimates for PITT code 700 seem to have been underestimated. Otherwise, the inventory numbers exceed Census estimates by an average of 1.7 percent throughout the decade. 3 Obtained from American Factfinder website Hawari Housing Planning Study,2011 —Inventory Report Page 4 0 SMS, Inc. November,2011 TABLE 1. HOUSING UNIT ESTIMATES, 2000-2010 Census Inventory Census Adj. 2000 460,542 451,541 433,551 2003 475,972 453,697 447,795 2006 500,021 475,863 468,351 2010 519,508 500,508 489,429 Growth Rates 2000-2003 1.1% 0.2% 1.1% 2003-2006 1.7% 1.6% 1.5% 2006-2010 1.0% 1.3% 1.1% 2000-2010 1.3% 1.1% 1.3% Source: U.S. Census Bureau Decennial Census 2000 and 2010,American Community Survey 2003 and 2005-2007, HHPS Inventory 1997, 2003, 2006, and 2011. Figure 1: Housing Unit Estimates, 2000-2010 500,000 480,000 460,000 440,000 420,000 Inventory Census Adj. 400,000 2000 2003 2006 2010 Source. U.S. Census Bureau Decennial Census 2000 and 2010, American Community Survey 2003 and 2005-2007, HHPS Inventory 1997, 2003, 2006, and 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 5 0 SMS, Inc. November,2011 STATE OF HAWAII According to the U.S. Census Bureau, there were 519,508" housing units in Hawaii in July 2010. The total number of occupied housing units was 455,338. The total number of housing units available to the residential housing market, or "available units' would necessarily lie between those two numbers. Not all housing units are available to the market, and not all available units are occupied at any given times. The 2011 HHPS housing inventory shows an estimated 500,508 units were available in 2010. TABLE 2. TOTAL HOUSING UNITS, 1990-2010, U.S. CENSUS ESTIMATES State of County County County County Hawaii of Honolulu of Hawaii of Maui of Kaua i 1990 389,810 281,683 48,253 42,261 17,613 1992 411,494 290,571 49,394 51,578 19,951 1997 449,385 311,398 59,098 54,321 24,568 1999 456,091 314,448 61,108 55,475 25,060 2000 460,542 315,988 62,674 56,549 25,331 2003 475,972 322,845 68,260 59,788 26,698 2004 482,873 325,775 70,122 60,888 27,153 2005 491,071 329,300 71,984 62,178 27,609 2006 500,021 332,718 75,185 63,610 28,508 2010 519,508 336,899 82,324 70,492 29,793 Average Annual Increase 1990-2000a 1.81% 1.22% 2.99% 3.38% 4.38% 2000-2003a 1.12% 0.72% 2.97% 1.91% 1.80% 2003-2006a 1.68% 1.02% 3.38% 2.13% 2.30% 2006-2010a 0.97% 0.31% 2.37% 2.70% 0.83% Sources: 1990, 2000, 2010 Census, American Community Survey, 2002 through 2009, some estimates provided by SMS. See Tables1A-1 through 1A-5 in the Appendix for details. a. Average annual increase for the period noted. Housing units in the State of Hawaii are divided among the counties in proportion to county populations6. Mirroring the population distribution, we find in 2010 that 336,899 (65 percent) of the State's housing stock was located in the City and County of Honolulu; 82,324 units (16 percent) were located in the County of Hawaii; 70,492 units (14 percent) were situated on the three islands of Maui County; and the remaining 29,793 units (6 percent) were found in the County of Kauai'. According to the 2009 ACS8, almost 60 percent of housing units statewide were single-family dwellings. The inventory data show that about 27 percent of the housing stock is 4 U.S. Census Bureau, 2010 Census, SF1,Table H1, Housing Units. 5 We will elaborate on this point in the next section of the report. 6 U.S. Census Bureau Decennial Census 2010 7 The 113 housing units located in Kalawao are not included in this analysis. 6 As we write this,the SF3 file is not yet available,so we have no Census data on tenancy for 2010. Hawai'i Housing Planning Study,2011 -Inventory Report Page 6 0 SMS, Inc. November,2011 condominiums, and 11 percent was apartments. Military, student, and cooperative housing made up the rest of the State's housing units. Housing Stock Growth Rates The 500,508 housing units counted in the 2011 HHPS Inventory Study was up from 475,863 in 2006. That represents an average annual growth rate of 1.3 percent per year, slightly lower than the 1.63 percent per year measured between 2003 and 2006. That means that housing unit production was lower after the peak of the last price run-up than it was during the most heated part of the cycle. As we shall see, that is consistent with Hawaii's traditional pattern of housing stock change. Supply generally lags demand by several years. The inventory rose by 24,645 housing units in the four years since the last Housing Policy Study. The new stock included 18,618 single-family units and 6,495 multi-family units. The average annual growth rate for single-family units was more than 1.7 percent per year and about 0.9 percent per year for multi-family units. This general pattern is also consistent with housing development patterns in which supply is led by high-end demand, especially in periods of high growth. Among the 6,495 multi-family units built between 2006 and 2010, only about 225 were classified as apartments. We have no check on this figure in Census or other public data. We do know that there were at least 7,021 affordable housing units produced under the aegis of government housing agencies in Hawaii between January 1, 2007 and December 31, 20109. Among the 5,653 units for which we have complete descriptive information10, about 3,899 were classified as multi-family, and 3,148 were classified as rental units. The trend has been for the production of affordable units to increase throughout the last decade. On the other hand, the total number of multi-family units added between HHPS inventories has been decreasing since 1997. For this and other reasons, HHPS studies are coming to rely on inventory data for value added information on the housing stock, but to rely less on it as a measure of change in housing stock. Another issue related to the inventory approach to housing stock monitoring is the inability to measure housing supply (production) in the short-run. Housing sales reported by the Honolulu and Maui Boards of Realtors, for instance, suggest that housing sales dropped precipitously after 2007, suggesting a dramatic decrease in demand. Reporters covering the housing market and our conversations with developers suggest that new unit production has fallen off to very low levels in the last two years. With more detailed measurement, we might expect to find that the 24,645 new units reached the market relatively early in the last four-year period. Other Stock Characteristics As in the rest of the nation, Hawaii's homeownership rate has been rising for more than two decades. The percent of owner occupied units in the inventory was 50 percent in 201111, up 9 The estimate is based on a list of affordable units developed with assistance from the State, the four county housing agencies, and the Department of Hawaiian Home Lands. The list may not be perfectly accurate at this point and may underestimate actual production of affordable units. 10 The list includes affordable units sponsored or assisted by government agencies (5,653) and units produced by private developers under unilateral agreements with government agencies (1,368). It includes information on unit type and tenure for only 93 of the 1,368 affordable units produced under unilateral agreements. 11 Appendix Table IA-12. Hawari Housing Planning Study,2011 -Inventory Report Page 7 0 SMS, Inc. November,2011 from 45 percent in 2006. The inventory and Census data differ significantly, however. Census data show that homeownership rates for the State were 54 percent in 1990, 56 percent in 2000, and 58 percent in 201012. Hawaii has a reputation for being one of the most expensive housing markets in the nation. This distinction is supported in the inventory by its median assessed value of $530,800 for single-family homes and $302,800 for condominiums in 2010. National data show Honolulu's median single-family home price at $579,300 and $311,100 for condominium units13 in the first quarter of 2011. Compare that with $545,100 in San Jose-Sunnyvale-Santa Clara, $511,800 in Anaheim-Santa Anna-Irvine, $322,100 in Boston, $439,300 in the New York area, and $439,300 in Washington D.C. The national median for single-family homes was $158,700 for the same quarter, and you could buy the same house in Youngstown, Ohio, for about $55,000. The inventory's median value assessments were lower than in 2006, but higher than in 2003. This is again consistent with the widely accepted view of Hawaii home prices rising rapidly, holding for somewhat longer than expected, and falling more slowly than in comparable housing markets across the country. The National Association of Realtors' data show that while Honolulu has the highest prices in the nation, our single-family home prices dropped about seven percent between 2008 and 2011. Homes in the comparable high-priced markets shown above fell between 25 and 35 percent. Hawaii's units are generally mature, but not old, with an average age of 35 years for single- family units and 29 years for condominium units. As is true for all island communities, space is a limited resource and periods of high demand tend to favor production of smaller units. The average single-family housing unit in the 2010 inventory had about 1,600 square feet in area under roof. Hawaii's lot sizes are somewhat smaller than those in other U.S. markets, with an average size of about 14,700 square feet versus more than 20,000 square feet nationwide. Slightly more than 14 percent of Hawaii's housing units are owned by non-Hawaii residents, commonly referred to as "snowbirds' because they often spend the winter months enjoying Hawaii's mild climate. About eight percent of all out-of-state owners were residents of foreign countries. CITY & COUNTY OF HONOLULU According to the Census Bureau, there were 336,899 housing units in the City and County of Honolulu in July 2010. The total number of occupied housing units was 311,047. The total number of housing units available to the residential housing market (available units) would be between those two numbers. The 2011 HHPS housing inventory shows an estimated 329,724 units were available in 201014. 12 American Facffinder,American Facffinder2,tenure tables. 13 National Association of Realtors at www.reaRor.org. 14 Refer to Sources of Inventory Data on page 4 for a complete explanation of the reasons for the differences in total housing unit counts between U.S. Census and HHPS data. Hawari Housing Planning Study,2011 -Inventory Report Page 8 0 SMS, Inc. November,2011 The majority of housing units are concentrated in Honolulu (Zone 12, 26%)15 and Central Oahu (Zone 19, 28%)16. Zone 11 (Moanalua) is home to 12 percent to the housing units on the island, and Zones 13 (East Honolulu) and 14 (Leeward Coast) each have 11 percent of the total available housing units. The inventory for the City & County of Honolulu has the greatest diversity of unit types. Half of the units are single-family dwellings, compared to three-quarters or more on the Neighbor Islands. An additional 30 percent are condominium units and 13 percent are apartments. A small number of remaining units are military residences and student housing. While these numbers are small, Oahu had the lion's share of student housing, nearly all of the military housing, and 100 percent of coop units in the State. Housing Stock Growth Rates Oahu's housing stock stood at 329,724 housing units in 2010. That was up from 319,405 in 2006. The average annual growth rate was the lowest of all the counties —just 0.81 percent per annum. Oahu's average annual growth rate has been rising slowly but steadily since 1997. Before 1997, the Oahu housing stock grew by as much as two percent per year, even during the early nineties. Between 1997 and 2003, the rate was 0.11 percent per year and rates have risen only slightly since that time, apparently without regard to demand. The City and County housing inventory rose by 10,319 housing units in the four years since the last Housing Policy Study. The pattern of growth for single- and multi-family units was the exact opposite of other counties. Oahu's new stock included 4,754 single-family units and 6,495 multi-family units. The average annual growth rate for single-family units was 0.74 percent per year and about 0.89 percent per year for multi-family units. Shifting production toward multi- family units is a typical market reaction to decreasing demand. The move is often accompanied by a slight decrease in the price of new units often associated with a shift toward producing units for mid-range markets. Other Stock Characteristics The City and County of Honolulu housing unit inventory includes the highest priced units in the State. In 2010, Oahu single-family homes had a median assessed value of $608,300 and the median value of a condominium unit was $299,100. Both figures were a bit lower than in 2006 and higher than comparable values in 2003. Fully 70 percent of single-family housing units in the City & County of Honolulu were owner- occupied and 39 percent of residents in condominium units were homeowners. The overall homeownership rate was 47 percent. Honolulu's homes were the oldest in the State, with an average age of 39 years for single-family dwellings and 30 years for condominiums. 15 Throughout this report we use the two-digit citation for Tax Map Zones, where the initial digit references the island and the second digit references the TMK Zone. Thus Honolulu is zone "12", the number two zone on Oahu. The same system is used in the tables in the appendix for easy reference. A set of TMK maps also appears in the appendix in case there is any confusion about zone locations. 16 See Appendix Figures IA-1 throught IA4 for detailed maps of the TMK boundaries. Hawari Housing Planning Study,2011 -Inventory Report Page 9 0 SMS, Inc. November,2011 Single-family units were somewhat larger than on other islands, with a median size of 1,700 square feet versus 1,400 or 1,500 on other islands. As is true in all island communities, space is a limited resource and periods of high demand tend to favor production of smaller units. Most Hawaii single-family homes in the 2010 inventory (45 percent) were between 750 and 1,500 square feet in area under roof. Oahu had the lowest rate of out-of-state owners in the inventory. Just over nine percent of all units were owned by people living outside the State. Among these non-resident homeowners, eleven percent lived outside the United States, which is the highest percentage of foreign homeowners in Hawaii. COUNTY OF HAWAII Despite the global recession, housing development in the County of Hawaii has continued at a pace slightly higher than the rest of the State. Since 2006, nearly 10,500 new housing units have been constructed on the Island, the largest increase in total housing units among all the counties. The Census Bureau counted 82,324 housing units in the County in July 2010. The total number of occupied housing units was 67,096. The total number of housing units available to the residential housing market (available units) would be between those two numbers. The 2011 HHPS housing inventory tells us that 77,424 units were available in 2010". Close to three- quarters of the housing units in the County of Hawaii were almost evenly divided among Puna (Zone 31, 22 percent), South Hilo (Zone 32, 26 percent), and North-Kona (Zone 37, 23 percent). As in the past, Hawaii County's 2010 housing inventory was dominated by single-family units. The island's 60,658 single-family units made up fully 78 percent of the total housing stock. The County moved up to 12,080 multi-family units, but that was up only about one percentage point since 2006. Hawaii Island does have over 800 student units, giving it the second rank in that category, but overall the housing stock is distinguished primarily by its homogeneity. Housing Stock Growth Rates Hawaii County's housing stock numbered 77,424 housing units in 2010. That was up from 66,946 in 2006. The average annual growth rate was the highest of all the counties at 3.91 percent per annum. The County growth rate has been consistently high since the Housing Policy Study began and has been growing by almost a full percentage point since 1997. In one sense, however, the County's production rates are similar to all other counties. Whether rates are high or low, they remain relatively constant over time, suggesting that all counties are characterized by relatively stable rates of supply regardless of how demand might change. The County of Hawaii housing inventory rose by 10,478 housing units in the four years since the last Housing Policy Study. The number of single-family units went up by 7,925 and the multi-family inventory grew by 2,564 units. The average annual growth rate for single-family units was 3.8 percent per year and about 4.8 percent per year for multi-family units. Both rates were up slightly from 2006. 17 Please refer to Sources of Inventory Data on page 4 for a complete explanation of the reasons for the differences in total housing unit counts between U.S. Census data and HHPS data. Hawari Housing Planning Study,2011 -Inventory Report Page 10 0 SMS, Inc. November,2011 Other Stock Characteristics Not only do Hawaii Island homes have the lowest median assessed value in the State (2010), they are also the only ones for which the median assessed value for single family dwellings ($218,900) is lower than for condominiums ($231,800). This is likely related to the fact that Hawaii County condos are the largest condo units in the State (average 1,141 square feet) and that half of the County's condo units are owned by non-Hawaii residents who are willing to pay more for a part-time home in paradise. Fully 65 percent of single-family housing units in the County of Hawaii were owner-occupied and 20 percent of residents in condominium units were homeowners. The overall homeownership rate was 54 percent. The Island's housing units are some of the youngest in the State, with an average age of 28 years for single-family dwellings and 24 years for condominiums. Single-family units were moderate in size with an average of about 1,464 square feet under roof. Lot sizes, however, were the highest in the State, with an average size of about 25,250 square feet. Hawaii' County's 17.8 percent is one of the highest rates of out-of-state ownership is second only to Maui County. COUNTY OF MAUI The Census Bureau counted 70,492 housing units in the County in July 2010. The total number of occupied housing units was 53,955. The total number of housing units available to the residential housing market (available units) would be between those two numbers. The 2011 HHPS housing inventory tells us that 65,724 units were available in 201016. Zone 23 (Central Maui), which extends across the Island from Kahului in the North to Kihei in the South, contains 43 percent of all the housing units in the County. An additional 28 percent of the housing units are in the Upcountry region immediately to the East Maui (Zone 22). Nearly all of the remaining housing units can be found near the western coast of the Island of Maui. Single family dwellings account for almost two-thirds (63%) of the housing available in Maui County in 2010. There were also 23,837 multi-family units giving the county second place ranking in percentage of multi-family units. Maui has about 160 student dormitory units, no military housing, and no cooperative units. The stock is clearly residential in nature. Housing Stock Growth Rates HHPS data indicate that Maui County's housing stock numbered 65,724 housing units in 2010. That was up from 63,284 in 2006. The average annual growth rate between 2006 and 2010 was 0.96 percent. The average annual growth rate between 2003 and 2006 was 2.8 percent per year. Maui's growth rate dropped by 1.85 points per year since 2003, much more than in any other county. 16 Please refer to Sources of Inventory Data on page 4 for a complete explanation of the reasons for the differences in total housing unit counts between U.S. Census data and HIPS data. Hawari Housing Planning Study,2011 -Inventory Report Page 11 0 SMS, Inc. November,2011 The County of Maui housing inventory increased by 2,440 housing units in the four years since the last Housing Policy Study. The number of single-family units went up by 2,730 and the multi-family inventory lost 275 units. The average annual growth rate for single-family units was 1.75 percent per year. Other Stock Characteristics Maui County housing units have the second highest assessed values in the State (2010). The median single-family assessed value was $538,000 and multi-family units were valued at a median of $374,000. Maui's multi-family units have higher assessed values than Oahu and slightly lower values for single-family units. Maui's single-family units are smaller than those on Oahu, and its multi-family units are newer. About 68 percent of single-family housing units in the County of Maui were owner-occupied and 34 percent of residents in condominium units were homeowners. The overall homeownership rate was 56 percent. The County's housing units were mid-range with regard to age, with an average age of 30 years for single-family dwellings and 28 years for condominium units. Single-family units were moderate in size with an average of about 1,500 square feet under roof. Lot sizes, however, were larger than on Oahu, but somewhat smaller than Hawaii and Kauai Counties at 19,400 square feet. At almost 18 percent, Maui County has the State's highest rate of out-of-state ownership. Maui also has a high rate of foreign ownership. Eight percent of all out-of-state owners were residents of other countries. Many of those were non-resident homeowners are Canadian. COUNTY OF KAUAI The Census Bureau counted 29,793 housing units in the County of Kauai in July 2010. The total number of occupied housing units was 23,240. The total number of housing units available to the residential housing market (available units) would be between those two numbers. The 2011 HHPS housing inventory tells us that 27,636 units were available in 201019. Residential housing on Kauai is concentrated around Poipu in the South (Zone 2, 26 percent) and near Kapa'a on the eastern coast (Zone 4, 29 percent). Single-family homes account for 82 percent of all housing in the County of Kauai. Fifteen percent of units are condominiums and the remaining 3 percent are apartments. There are a few military units on Kauai (87 units). The land tenure for essentially all of the housing units, regardless of type, is fee simple. Housing Stock Growth Rates Based on HHPS 2011 inventory data, Kauai County's housing stock numbered 27,636 housing units in 2010. That was up from 26,228 in 2006. The average annual growth rate between 19 Please refer to Sources of Inventory Data on page 4 for a complete explanation of the reasons for the differences in total housing unit counts between U.S. Census data and HIPS data. Hawari Housing Planning Study,2011 -Inventory Report Page 12 0 SMS, Inc. November,2011 2006 and 2011 was about 1.3 percent per year. Historically, although Kauai's housing stock growth pattern has been similar to the other islands; its growth rate has been consistently the lowest among the Neighbor Island Counties. Like the other counties, Kauai's inventory growth rate remains relatively constant over time. The county has had relatively stable rates of supply regardless of how demand might change. The County of Kauai's housing inventory rose by 1,408 housing units in the four years since the last Housing Policy Study. The number of single-family units went up by 3,209 but the multi- family inventory (specifically condominium units) decreased by about 1,800 units. In Hawaii, a decrease in housing units can be caused by diversion of residential units to the visitor industry. This often happens when multifamily condominium units are converted to use for housing visitors. The inventory does not provide a mechanism for determining whether this is the case, but additional work can be applied to that effort. Other Stock Characteristics For such a small market, and one generally thought of as rural in nature, Kauai housing units have relatively high assessed values. The median assessed value for single-family dwellings was $453,000 in 2010. Multi-family units were valued at $341,000. Many Kauai units are new, relative to those in other Counties. There are fewer multi-family units, very low multi-family homeownership, and production (measured by inventory growth rates) has been relatively low for more than ten years. These and other market forces are consistent with higher prices on the Garden Isle. Fully 64 percent of single-family housing units in the County of Kauai were owner-occupied and 45 percent of residents in condominium units were homeowners. The overall homeownership rate was 53 percent. The Island's housing units the youngest in the State, with an average age of 32 years for single-family dwellings and 22 years for condominiums. Single-family units were moderate in size with an average of about 1,452 square feet under roof. Lot sizes were larger than Oahu's, but smaller than those on other Neighbor Islands. The average lot size in 2011 was about 17,140 square feet. Kauai County also has high rates of out-of-state ownership of its housing units. In 2010, 22 percent of its inventory was owned by persons outside the State. Unlike Maui County, Kauai County's has very low rates of foreign ownership. Only about two percent of its out-of-state owners are located in other countries. Hawaii Housing Planning Study,2011 —Inventory Report Page 13 0 SMS, Inc. November,2011 HOUSING TRENDS Here we turn to the long-range view of Hawaii housing stock estimates. The exercise was aimed at reconciling tax map and Census data as much as it was to develop a way to look at annual changes in housing stock. TOTAL HOUSING UNITS The total number of housing units in Hawaii, regardless of their current use or availability to solve housing problems, has not been an issue in Housing Policy Studies of the past. The special-purpose inventories attempted to gather data only on the units that could be identified as being "in the market'. Total housing units includes all residential units including hotel and motels, visitor condominiums, bed-and-breakfast units, temporary visitor rentals, migrant worker housing, residential institutions, and others. Typically, the Census begins with total units, then classifies those as occupied or vacant, and then by types of occupied and vacant residential units. Figure 2 shows a modeled set of "total housing units figures taken from the Census in 1990, 2000 and 2010, and from the American Community Survey from 2002 through 2009. Figure 2: Total Housing Units, 1990-2010 550,000 Kauai Maui 500,000 Hawaii Honolulu 450,000 —State 400,000 350,000 300,000 250,000 200,000 0 0 W m 0 0 W m 0 of m m m m m m m m m 0 0 0 0 0 0 0 0 0 0 . M m m m m m m m m m 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N N N N N N N N N N Source: ACS Details shown in Appendix. The results are as expected. The total number of residential units in the state grew by about twelve percent in the nineties and then by another seven percent in the last decade. The growth rate for the nineties can only be spread linearly across that decade. ASCS data allows us to see the pattern of growth between 2000 and 2010. It grew slowly in the first four years, Hawari Housing Planning Study,2011 —Inventory Report Page 14 0 SMS, Inc. November,2011 accelerated between 2003 and 2006, and then slowed again in the last three years of the decade. If we look at the number of units added each year, we get a better idea of how Hawaii's housing stock grew. ACS data allow us to estimate that pattern for the last decade. Figure 2 shows added units for each of Hawaii's four counties for the last ten years. Figure 3: Total Housing Units, New Units Added, 2000-2009 9,000 —Honolulu 8,000 —Hawaii -----Maui 7,000 -----Kauai State 6,000 5,000 4,000 3,000 2,000 ------ 1,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Source: ACS Across the State, these data show that the housing stock grew rapidly from about 2003 to 2006, and then dropped notably until 2009. The number of units added in 2009 is estimated to be fewer than in 2001 before the run-up began. Figure 2 also suggests that the peak period for housing stock growth was different for each island. Honolulu and Maui peaked in 2005. Hawaii Island and Kauai peaked about a year later. The dotted lines in Figure 3 show some best-guess estimates for the years before ACS data were available for each series. In the years after 2005, ACS provides solid data points. OTHER ESTIMATES ACS data also allows us to estimate total occupied housing units and units added each year, since 2002 for Honolulu and since 2005 for other counties. Occupied housing units are defined as total housing units minus vacant housing units. The data in the Appendix Tables IA-1 through IA-5 suggest that ACS may have been under-counting vacancies in the first few years of the survey, but the counts from 2006 to date have remained fairly consistent. Data for total Hawai'i Housing Planning Study,2011 —Inventory Report Page 15 0 SMS, Inc. November,2011 occupied housing units look very good. Vacancy rates reported by Census 2000 and Census 2010 indicated no change in the vacancy rates for the State of Hawaii (12 percent) and the County of Maui (23 percent). The County of Honolulu's vacancy rate decreased by 1 percent, from 9 percent in 2000 to 8 percent in 2010. The vacancy rates for both Hawaii County and Kauai County were higher in 2010 than in 2000, Hawaii's climbing from 15 to 18 percent and Kauai's from 20 to 22 percent. The Census estimate that would match the inventory is the estimate of units available to the housing market, or "available units'. Available units are total housing units minus those used for purposes other than housing non-institutionalized residents of Hawai i. Our summary of those data show that they seem more reliable than the estimates of occupied housing units after 2005, and, with the exception of the County of Maui, data appear to be more reliable each year. AVAILABLE HOUSING UNITS AND HHPS HOUSING INVENTORY Figure 4 shows U.S. Census/ACS data and HHPS housing inventory housing unit estimates for the past two decades. Census estimates are shown for total housing units (top line), occupied housing units (bottom line), and available housing units. Available housing units are the sum of occupied units and vacant units available for sale or rent. That is, it excludes hotel units and other residential units reserved for occasional or agricultural use. The dots indicate HHPS inventory total units in each of the five studies. Figure 4: Inventory and Census Housing Unit Estimates, 1990 to 2010 550,000 500,000 • • 450,000 400,000 —Total —Available 350,000 —Occupied • Inventory HPS 300,000 CO oi,' A;�, A�l il As oi0 00 O,' Off' 03 Off` 00 01 O16 00 'y0 1� 1� 10 10 10 10 10 'y0 ti0 10' ti0 ,LO ,ti0 ,y0 ,ti0 ,ti0 ,ti0 ,ti0 ,ti0 ,ti0 ,y0 C.�'OSJS C.��zJ� PLS PL5 V_ PL5 PL5 PL5 V Sources: U.S. Census 1990,2000, and 2010,ACS 2002-2009, HHPS 1992, 1997, 2003, 2006, and 2010. Note: No data for available units were found for intercensal years between 1990 and 1999. DBEDT housing unit estimate and HHPS inventory estimates are nearly identical. Hawaii Housing Planning Study,2011 -Inventory Report Page 16 0 SMS, Inc. November,2011 HHPS inventory estimates (dots) for available units were nearly identical to Census total housing units in 1992 and 1997. They were closer to ACS estimates of available units in 2003, 2006, and 2010. The last three estimates were produced by HIS and the 90's estimates were produced by a private contractor extracting data from TMK files. More detailed data for the counties suggests that Honolulu estimates exhibit much the same pattern, and that Maui County figures are close to the same pattern. HHPS estimates for Hawaii and Kauai Counties are further off the mark, especially in the past decade. Figure 5 shows U.S. Census/ACS estimates for added units each year since 1990 -- total, available, and occupied housing units. We have added a third data series, authorized building permits, for comparison. While we expected the number of building permits issued each year would be higher than the total number of units produced, it is reasonable to assume that the two series would have similar shapes. Indeed that seems to be the case for total units. Figure 5: Added Units: Inventory, Census, and Permits Data, 1990 to 2010 30000 —Tota I 25000 Available —Occupied tPermits 20000 15000 10000 ---s--------------�` i 5000 0 0 c A A c A O A 0 1 A A 4 6 O O O ti Z O O 3 O O b O O h O '� O O`b O O°� O 1 O 1 '1 'y ti ti ti ti ti 1 1 ti ti ti ti ti ti ti ti ti ti ti L,�OSJS L�cSJS PL5 PL5 PLS PLS PAS PGy PL5 POC.�OZJS Sources: U.S. Census 1990,2000, and 2010,ACS 2002-2009,Authorized building permits 1990-2010. Total units added runs very nearly parallel to authorized building permits. That was a bit of a surprise since production usually lags permitting by significant margins in Hawaii. The annual supply of available units does lag permitting in the latter years of the housing bubble of 2003 to 2007. ACS data can be taken as evidence that a lag in production is associated with an Hawari Housing Planning Study,2011 —Inventory Report Page 17 ©SMS, Inc. November,2011 increase in non-residential units20 late in the cycle. The occupied unit estimates from ACS are more volatile, but suggest an increase in residential vacancy early in the cycle and that occupancy caches up with production after the peak. We will return to these findings in the HHPS final report. They are important evidence that writ large, Hawaii's housing unit production (supply) follows housing demand. But if permit authorization can be taken as an indication of supply side reaction to demand, actual production meets only about 20 to 25 percent of that demand statewide. Across the entire analysis, however, the data suggest that the process of developing special purpose inventories for Housing Policy Studies has been increasingly accurate over the first 14 years. In recent years, however, the split between single-family and multi-family production becomes less clear and our confidence in the inventory alone diminishes. At the same time, HHPS special purpose inventories produce useful information on data not found in the Census and American Community Survey. Data of particular use to housing planners on Hawaii, such as the role of leasehold properties, military housing, condominium status, and distribution of stock by Tax Map Zones, cannot be extracted from the either dataset produced by the Census Bureau. On the down side, special purpose inventories are not currently available for years between the Housing Policy Studies and are of limited use in establishing trend data. U.S. Census data for Hawaii have similar problems for establishing trends, but the growing precision of the American Community Survey data offers greater confidence that ACS estimates will produce reliable trends and year-on-year change data for housing planning. Furthermore, while the Census sources do not provide data on leasehold and condominium status, the ability to estimate the number of units available to the housing market is a strong plus for ACS. We look forward to combining these new inventory numbers, with their enhanced accuracy in estimating general supply characteristics, to the forecasting model and to planning decisions in 2011. 20 Recall that available units =total units minus units used for non-residential purposes, and occupied units =total units minus total vacant units. Hawari Housing Planning Study,2011 -Inventory Report Page 18 0 SMS, Inc. November,2011 APPENDIX Hawai'i Housing Planning Study,2011 —Inventory Report Page 19 0 SMS, Inc. November,2011 TABLE IA-1: STATE OF HAWAII HOUSING UNIT INVENTORY, 1990-2010 State of Hawai i Census 1990 Census 2000 ACS 2002 ACS 2003 ACS 2004 ACS 2005 ACS ACS 2007 ACS 2008 ACS 2009 Census 2010 Total Housing Units 389,810 460,542 470,512 475,972 482,873 491,071 500,021 506,751 512,842 515,663 519,508 Occupied 356,267 403,240 415,479 419,441 427,673 430,007 432,632 439,685 437,105 446,136 455,338 Vacant 33,543 57,302 55,033 56,531 55,200 61,064 67,389 67,066 75,737 69,527 64,170 Total Occupied 356,267 403,240 415,479 419,441 427,673 430,007 432,632 439,685 437,105 446,136 455,338 Owner occupied 191,894 227,783 233,157 237,389 251,808 256,578 257,599 261,918 258,365 252,881 262,682 Renter occupied 164,373 175,457 182,322 182,052 175,865 173,429 175,033 177,767 178,740 193,255 192,656 Total Vacant 33,543 57,302 55,033 56,531 55,200 61,064 67,389 67,066 75,737 69,527 64,170 For rent 9,598 15,682 8,810 9,777 7,522 8,631 11,358 19,760 20,137 22,965 14,832 Rented, notoccupied 1,891 1,170 2,191 2,751 529 727 For sale only 1,417 4,406 4,477 1,407 1,635 2,366 2,871 3,275 6,404 3,637 3,920 Sold, not occupied 2,030 2,588 2,435 2,009 702 975 Rented or sold, not occupied 2,948 2,895 3,459 3,208 For seasonal, recreational, or occasional use 12,876 26,943 25,706 26,625 30,199 31,583 33,334 26,742 30,382 29,087 31,089 For mgrantworkers 48 261 67 161 27 83 562 Other vacant 9,652 7,275 13,145 15,002 12,636 14,496 15,907 12,636 13,971 12,045 12,627 Available Housing Units" 367,282 426,276 431,661 434,084 440,038 444,925 450,619 467,346 468,406 473,969 475,792 Total Housing Units 389,810 460,542 470,512 475,972 482,873 491,071 500,021 506,751 512,842 515,663 519,508 Single Family 237,101 277,886 271,936 276,445 277,112 292,288 302,579 307,610 304,511 305,785 Multi-Family 152,709 182,656 198,576 199,527 205,761 198,783 197,442 199,141 208,331 209,878 Total population in occupied 1,070,597 1,175,923 1,208,537 1,221,885 1,227,008 1,238,158 1,247,951 1,247,553 1,253,999 1,260,211 1,317,421 Owner occupied 613,096 709,208 712,903 728,101 777,061 779,683 783,399 782,016 766,797 757,819 793,160 Renter occupied 457,501 466,715 495,634 493,784 449,947 458,475 464,552 465,537 487,202 502,392 524,261 A. Available Units: Housing units that are available to the residential housing market,whether occupied or vacant excludes seasonal, mgrant and other vacant units Grey=data not available Hawai'i Housing Planning Study,2011 -Inventory Report Page 20 ©SMS, Inc. November,2011 TABLE IA-2: CITY&COUNTY OF HONOLULU HOUSING UNIT INVENTORY, 1990-2010 City&County of Honolulu Census 1990 Census 2000 ACS 2002 ACS 2003 ACS 2004 ACS 2005 ACS 2006 ACS 2007 ACS 2008 2009 Census 2010 Total Housing Units 281,683 315,988 320,256 322,845 325,775 329,300 332,718 334,799 337,177 338,119 336,899 Occupied 265,304 286,450 292,615 297,204 300,046 300,557 299,217 304,611 302,861 309,896 311,047 Vacant 16,379 29,538 27,641 25,641 25,729 28,743 33,501 30,188 34,316 28,223 25,852 Total Occupied 265,304 286,450 292,615 297,204 300,046 300,557 299,217 304,611 302,861 309,896 311,047 Owner occupied 137,910 156,233 158,138 161,163 171,755 173,182 173,806 173,715 176,148 169,532 174,387 Renter occupied 127,394 130,217 134,477 136,041 128,291 127,375 125,411 130,896 126,713 140,364 136,660 Total Vacant 16,379 29,538 27,641 25,641 25,729 28,743 33,501 30,188 34,316 28,223 25,852 For rent 5,861 12,286 4,785 4,421 5,032 5,701 6,245 7,440 5,718 7,670 7,026 Rented, not occupied 1,016 652 1,227 1,560 434 398 For sale only 734 3,007 2,388 654 1,102 1,023 1,606 2,004 3,799 1,730 1,585 Sold, not occupied 1,446 2,126 1,249 1,515 513 469 Rented or sold, notoccupied 1,885 1,647 2,202 1,929 For seasonal, recreational, 4,418 7,682 9,122 8,538 8,692 10,126 13,582 10,389 12,873 10,679 9,782 or occasional use For migrantworkers 16 33 Other vacant 5,366 4,662 9,699 9,826 8,974 9,398 9,290 7,879 8,851 7,197 6,593 Available Housing Units" 271,899 303,628 301,435 304,481 308,109 309,743 309,846 316,531 315,453 320,243 320,524 Total Housing Units 281,683 315,988 320,256 322,845 325,775 329,300 332,718 334,799 337,177 338,119 336,899 Single Family 155,209 172,985 167,716 171,328 170,652 176,872 180,826 184,280 180,220 182,904 Multi-Family 126,474 143,003 152,540 151,517 155,123 152,428 151,892 150,519 156,957 155,215 Total population in occupied 802,338 845,339 864,556 872,037 868,751 873,177 877,485 876,815 877,361 879,215 917,907 Owner occupied 445,882 494,052 497,423 505,333 536,261 536,836 539,882 529,943 529,061 517,032 541,892 Renter occupied 356,456 351,287 367,133 366,704 332,490 336,341 337,603 346,872 348,300 362,183 376,015 A. Available Units: Housing units that are available to the residential housing market,whether occupied or vacant, excludes seasonal, migrant, and other vacant units Grey=data not available Hawai'i Housing Planning Study,2011 -Inventory Report Page 21 ©SMS, Inc. November,2011 TABLE IA-3: MAUI COUNTY HOUSING INVENTORY, 1990-2010 Co Maui Census 1990 C20 s 20 ACS 2002 ACS 2003 ACS 2004 ACS 2005 ACS 2006 ACS 2007 ACS 2008 ACS 2009 Census 2010 Total Housing Units 42,261 56,549 62,178 63,610 64,993 66,224 66,679 70,492 Occupied 33,207 43,622 48,393 47,540 50,568 48,950 48,326 53,955 Vacant 9,054 12,927 13,785 16,070 14,425 17,274 18,353 16,537 Total Occupied 33,207 43,622 48,393 47,540 50,568 48,950 48,326 53,955 Owner occupied 19,066 25,018 28,476 28,300 30,749 28,157 27,831 30,056 Renter occupied 14,141 18,604 19,917 19,240 19,819 20,793 20,495 23,899 Total Vacant 9,054 12,927 13,785 16,070 14,425 17,274 18,353 16,537 For rent 1,971 1,445 650 3,156 8,485 8,525 9,685 3,499 Rented, notoccupied 15 147 119 286 77 167 For sale only 360 362 232 465 318 665 334 747 Sold, not occupied 127 257 411 419 166 Rented or sold, not occupied 484 For seasonal, recreational, or occasional use 4,462 9,795 11,093 9,122 3,821 5,541 5,661 10,000 For migrantworkers 34 47 547 Other vacant 2,261 841 1,634 2,876 1,271 1,838 2,049 1,958 Available Housing Units" 35,539 45,913 49,417 51,565 59,901 58,845 58,422 58,534 Total Housing Units 42,261 56,549 62,178 63,610 64,993 66,224 66,679 70,492 Single Family 28,543 35,215 37,777 40,486 40,875 39,181 38,503 Multi-Family 13,718 21,334 24,401 23,124 24,118 27,043 28,176 Total population in occupied 99,104 126,836 138,433 139,798 141,031 140,160 144,047 152,149 Owner occupied 61,615 80,225 86,796 91,629 91,370 87,791 89,189 90,620 Renter occupied 37,489 46,611 51,637 48,169 49,661 52,369 54,858 61,529 A. Available Units: Housing units that are available to the residential housing market whether occupied or vacant excludes seasonal, migrant and other vacant units Irrey=data not avail Hawai'i Housing Planning Study,2011 -Inventory Report Page 22 ©SMS, Inc. November,2011 TABLE IA-4: HAWAI`l COUNTY HOUSING UNIT INVENTORY,1990-2010 County of Hawai'i Census 1990 Census 2000 ACS 2002 ACS 2003 ACS 2004 ACS 2005 ACS 2006 ACS 2007 ACS 2008 ACS 2009 Census 2010 Total Housing Units 48,253 62,674 71,984 75,185 77,651 79,591 80,631 82,324 Occupied 41,461 52,985 59,470 63,178 63,250 63,088 65,798 67,096 Vacant 6,792 9,689 12,514 12,007 14,401 16,503 14,833 15,228 Total Occupied 41,461 52,985 59,470 63,178 63,250 63,088 65,798 67,096 Owner occupied 25,336 34,166 39,949 41,043 43,253 40,587 41,528 44,271 Renter occupied 16,125 18,819 19,521 22,135 19,997 22,501 24,270 22,825 Total Vacant 6,792 9,689 12,514 12,007 14,401 16,503 14,833 15,228 For rent 1,479 1,497 1,825 1,613 3,252 3,596 3,400 2,995 Rented, notoccupied 726 354 463 84 18 101 For sale only 270 792 764 427 567 1,401 823 1,338 Sold, not occupied 438 205 725 75 189 289 Rented or sold, not occupied 471 For seasonal, recreational, or occasional use 3,347 5,476 6,584 6,153 6,501 8,648 8,135 7,135 For mgrantworkers 20 84 Other vacant 1,696 1,433 2,177 3,171 2,893 2,699 2,268 3,370 Available Housing Units" 43,210 55,745 63,223 65,777 68,257 68,244 70,228 71,819 Total Housing Units 48,253 62,674 71,984 75,185 77,651 79,591 80,631 82,324 Single Family 38,247 50,297 56,279 59,479 61,252 62,695 62,032 Multi-Family 10,006 12,377 15,705 15,706 16,399 16,896 18,599 Total population in occupied 118,632 145,926 164,437 168,137 168,114 173,129 173,419 181,435 Owner occupied 74,176 96,673 113,797 108,674 117,353 110,765 109,376 119,236 Renter occupied 44,456 49,253 50,640 59,463 50,761 62,364 64,043 62,199 A. Available Units: Housing units that are available to the residential housing market,whether occupied or vacant excludes seasonal, mgrant and other vacant units Grey=data not avail Hawai'i Housing Planning Study,2011 -Inventory Report Page 23 ©SMS, Inc. November,2011 TABLE IA-5: KAUAI COUNTY HOUSING INVENTORY, 1990-2010 County of Kaua'i(State minus 3 counties) Census 1990 Census 2000 ACS 2002 ACS 2003 ACS 2004 ACS 2005 ACS 2006 ACS 2007 ACS 2008 ACS 2009 Census 2010 Total Housing Units 17,613 25,331 27,609 28,508 29,308 29,850 30,234 29,793 Occupied 16,295 20,183 21,587 22,697 21,256 22,206 22,116 23,240 Vacant 1,318 5,148 6,022 5,811 8,052 7,644 8,118 6,553 Total Occupied 16,295 20,183 21,587 22,697 21,256 22,206 22,116 23,240 Owner occupied 9,582 12,366 14,971 14,450 14,201 13,473 13,990 13,968 Renter occupied 6,713 7,817 6,616 8,247 7,055 8,733 8,126 9,272 Total Vacant 1,318 5,148 6,022 5,811 8,052 7,644 8,118 6,553 For rent 287 454 455 344 583 2,298 2,210 1,312 Rented, notoccupied 1 134 17 382 821 61 MPMM For sale only 52 245 347 373 386 539 750 251 Sold, not occupied 14 ' 19 50 51 Rented or sold, not occupied 108 For seasonal, recreational, 649 3,990 3,780 4,477 6,031 3,320 4,612 or occasional use 4,172 For mgrantworkers 12 30 27 83 15 Other vacant 329 339 1,287 570 593 583 531 706 Available Housing Units" 16,634 20,990 22,542 23,431 22,657 25,864 25,076 24,915 Total Housing Units 17,613 25,331 27,609 28,508 29,308 29,850 30,234 29,793 Single Family 15,102 19,389 21,360 21,788 21,203 22,415 22,346 Multi-Family 2,511 5,942 6,249 6,720 8,105 7,435 7,888 Total population in occupied 50,523 57,822 62,111 62,531 61,593 63,349 63,530 65,930 Owner occupied 31,423 38,258 42,254 43,214 43,350 39,180 42,222 41,412 Renter occupied 19,100 19,564 19,857 19,317 18,243 24,169 21,308 24,518 A. Available Units: Housing units that are available to the residential housing market,whether occupied or vacant excludes seasonal, mgrant and other vacant units Grey=cla� Hawai'i Housing Planning Study,2011 -Inventory Report Page 24 ©SMS, Inc. November,2011 TABLE IA-6: TOTAL HOUSING UNITS, 1992, 1997,2003,2006,AND 2010 County County County County State of of Honolulu of Maui of Hawai'i of Kauai Hawaii 1990 281,683 42,261 48,253 17,613 389,810 1992 290,571 51,578 49,394 19,951 411,494 1997 311,398 54,321 59,098 24,568 449,385 1999 314,448 55,475 61,108 25,060 456,091 2000 315,988 56,549 62,674 25,331 460,542 2003 322,845 59,788 67,878 26,822 477,333 2004 325,888 60,888 70,927 27,233 484,936 2005 329,300 62,178 71,984 28,209 491,671 2006 332,196 63,364 77,577 28,819 501,956 2010 336,899 70,379 82,324 29,793 519,508 Percent change 1990-2000° 1.1% 2.8% 2.5% 3.5% 1.6% Percent change 2000-2003a 0.7% 1.8% 2.6% 1.8% 12% Percent change 2003-2006a 1.0% 1.9% 4.5% 2.4% 1.7% Percent change 2006-201 Oa 0.8% 1.8% 4.4% 2.3% 1.5% Sources: Census 1990,2000,and 2010, ACS 2002 to 2009. a. Percent change for the period noted. TABLE IA-7: TOTAL OCCUPIED HOUSING UNITS,1992, 1997,2003,2006,AND 2010 City and County County County County State of of Honolulu of Maui of Hawai'i of Kaua'i Hawai'i 1990 265,304 33,207 41,461 16,295 356,267 1992 276,353 35,588 44,655 18,253 375,849 1997 286,790 40,713 50,940 20,465 398,910 1999 284,695 42,321 51,877 20,021 398,914 2000 285,178 43,765 52,995 20,182 402,120 2003 294,723 46,834 56,281 20,934 418,772 2004 297,631 47,824 57,829 21,429 424,713 2005 300,307 48,574 59,634 21,647 430,162 2006 303,149 49,484 61,213 21,971 435,818 2010 311,047 53,955 67,096 23,240 455,338 Sources: Census 1990, 2000, and 2010; ACS 2003 to 2005, HHPS 1992, 1997, 2003, 2006, and 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 25 0 SMS, Inc. November,2011 TABLE IA-8: TOTAL OWNER-OCCUPIED HOUSING UNITS, 1992, 1997,2003,2006,AND 2010 City and County County County County State of of Honolulu of Maui of Hawai'i of Kaua'i Hawai'i 1990 137,910 19,083 25,336 9,582 191,911 1992 142,672 22,967 26,035 10,431 202,105 1997 153,831 24,110 31,983 12,107 222,031 1999 155,465 24,591 33,215 12,286 225,557 2000 156,290 25,039 34,175 12,384 227,888 2003 161,163 27,017 37,402 13,810 240,392 2004 171,755 27,688 39,293 14,362 253,099 2005 173,182 28,476 39,949 15,476 257,083 2006 175,474 30,268 43,053 16,127 267,923 2011 1 174,387 1 30,055 1 44,271 1 13,968 1 262,682 Sources: Census 1990, 2000, and 2010, ACS 2003 to 2005, HHPS 1992, 1997, 2003, 2006, and 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 26 0 SMS, Inc. November,2011 Figure IA-1. Oahu Tax Map Key (TMK) Zones 2011 County Zone Area Name 11 Honolulu Moanalua 12 Honolulu(Primary Urban Ctr. 13 Honolulu(East Honolulu) 14 Ko'olau oko Honolulu 15 Ko'olauloa 16 Waialua North Shore 17 Wahiawa 18 1 Waianae 19 Central Oahu Ewa/Central 16 15 17 18 19 11 14 12 13 Hawaii Housing Planning Study,2011 —Inventory Report Page 27 0 SMS, Inc. November,2011 Figure IA-2: County of Maui Tax Map Key (TMK) Zones, 201121 County Zone Area Name 21 Hana East Maui 22 Makawao(Upcountry Maui 23 Wailuku Central 25 24 Lahaina West Maui 25 Molokai 2 24 3 22 21 c�2 21 Note that Maui Zone 24, Lahaina or West Maui includes both the Lahaina side of the Island of Maui and the Island of Lanai. Hawaii Housing Planning Study,2011 -Inventory Report Page 28 0 SMS, Inc. November,2011 Figure IA-3: County of Kauai Tax Map Key (TMK) Zones, 2011 County Zone Area Name 41 Waimea - • 42 Koloa Kauai 43 Lihue 44 Kawaihau 45 Hanalei 45 44 41 43 42 Hawai'i Housing Planning Study,2011 —Inventory Report Page 29 0 SMS, Inc. November,2011 Figure IA-4: County of Hawaii Tax Map Key (TMK) Zones, 2011 County Zone Area Name 31 Puna 32 South Hilo u. E 33 North Hilo 34 Hamakua Hawaii 35 North Kohala 36 South Kohala 37 North Kona 38 South Kona 35 39 Ka'u 36 34 33 37 32 31 38 39 Hawaii Housing Planning Study,2011 —Inventory Report Page 30 0 SMS, Inc. November,2011 TABLE IA-9: HOUSING UNIT TYPES, 1992, 1997,2003,2006,AND 2010 Total Housing Unit Type Housing Single County Year Units Family I Condo Apartment Military Student Cooperative 1992 285,557 137,299 81,293 40,535 19,324 4,392 2,714 1997 309,473 145,078 92,503 43,732 20,071 4,405 3,684 Honolulu 2003 311,466 150,957 91,913 39,602 21,843 4,270 2,881 2006 319,405 160,686 94,640 43,275 14,737- 3,419 2,648 2010 329,724 165,440 100,438 43,424 14,737 3,408 2,277 1992 48,850 29,161 16,701 2,988 --- -- --- 1997 54,639 32,379 18,362 3,768 --- 55 75 Maui 2003 58,358 34,853 19,592 3,769 --- 69 75 2006 63,284 38,993 20,388 3,664 --- 164 75 2010 65,724 41,723 20,135 3,702 --- 164 -- 1992 45,408 36,170 7,453 1,488 --- 297 --- 1997 54,643 43,979 8,539 1,814 --- 311 --- Havvai'i 2003 58,966 47,302 7,712 3,574 68 310 --- 2006 66,946 52,733 9,554 3,829 --- 830 --- 2010 77,424 60,658 12,080 3,867 --- 819 --- 1992 20,643 15,050 4,414 1,105 74 -- 1997 24,112 17,051 5,789 1,198 74 - Kau-i 2003 24,907 18,301 5,653 866 87 - 2006 26,228 19,494 5,818 829 87 - 2010 27,636 22,703 4,017 829 87 -- --- 1992 400,458 217,610 109,861 46,116 19,398 4,689 2,714 1997 442,867 238,487 125,193 50,512 20,145 4,771 3,759 State 2003 453,697 251,413 124,870 47,811 21,998 4,649 2,956 2006 475,863 271,906 130,400 51,597 14,824 4,413 2,723 2010 500,508 290,524 136,670 51,822 14,824 4,391 2,277 Source: HHPS 1992, 1997, 2003, 2006 and 2011. a Beginning in 2006, numbers do not include bed space in military barracks. Hawai'i Housing Planning Study,2011 -Inventory Report Page 31 0 SMS, Inc. November,2011 TABLE IA-1 OA: HOUSING INVENTORY BY TYPE,2010 Housing Unit Type Single Student County Zone Family Condo ium Apartment Military Housing Cooperative TO tat 11 14,621 9,074 10,568 6,642 40,905 12 12,313 47,863 21,202 559 1,939 1,596 85,472 13 29,325 6,623 1,260 456 37,664 Honolulu 14 27,075 5,146 1,380 2,611 225 36,437 County 15 4,544 831 289 1,469 7,733 16 2,912 404 153 3,969 17 4,813 593 1,752 4,925 72,083 18 9,983 2,450 278 72,777 19 59,854 27,454 6,542 93,850 C&C of Honolulu Total 165,440 100,438 43,424 74,737 3,408 2,277 329,729 21 886 37 29 952 22 15,885 2,366 151 78,402 Maul County 23 16,868 9,352 1,759 44 28,023 24 5,526 7,735 1,558 120 79,939 25 2,558 645 205 3,408 Maui County Total 41,723 20,135 3,702 0 764 0 65,724 31 16,837 40 109 76,986 32 16,024 1,664 1,561 609 79,858 33 820 31 96 947 34 2,256 114 106 2,476 Hawaii County 35 2,056 217 88 2,367 36 5,529 3,635 627 210 70,007 37 10,661 6,160 978 77,799 38 3,156 125 224 3,505 39 3,319 94 78 3,997 Hawaii County Total 60,658 12,080 3,867 0 879 0 77,424 41 2,820 8 243 87 3,758 42 5,240 1,890 29 7,759 Kauai County 43 4,018 611 318 9,997 44 7,219 597 227 8,043 45 3,406 911 12 1 4,329 Kauai Count Total 22,703 4,017 829 87 0 0 27,636 State Total 290,524 136,670 51,822 14,824 4,391 2,277 500,508 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 32 0 SMS, Inc. November,2011 TABLE IA-1 OB: ANNUAL PERCENTCHANGE IN HOUSING INVENTORY DISTRIBUTION BY TYPE, 1992.2010 Total Housing Unit Type Percent Housing Single County Change Units Family Condo Apartment Military Student Cooperative 1992-1997 1.7% 1.1% 2.8% 1.6% 0.8% 0.1% 7.1% 1997-2003 0.1% 0.7% -0.1% -1.6% 1.5% -0.5% -3.6% Honolulu 2003-2006 0.8% 2.1% 1.0% 3.1% -6.6% -2.7% 2006-2010 0.8% 0.7% 1.5% 0.1% -0.1% -3.5% 1992-1997 2.4% 2.2% 2.0% 5.2% Maui 1997-2003 1.1% 1.3% 1.1% 0.0% 4.2% 0.0% 2003-2006 2.8% 4.0% 1.4% -0.9% 45.9% 0.0% 2006-2010 1.0% 1 1.8% -0.3% 0.3% 0.0% 1992-1997 4.1% 4.3% 2.9% 4.4% 0.9% Hawaii 1997-2003 1.3% 1.3% -1.6% 16.2% -0.1% 2003-2006 4.5% 3.8% 8.0% 2.4% 55.9% 2006-2010 3.9% 3.8% 6.6% 0.2% -0.3% 1992-1997 3.4% 2.7% 6.2% 1.7% 0.0% Kauai 1997-2003 0.5% 1.2% -0.4% -4.6% 2.9% 2003-2006 1.8% 2.2% 1.0% -1.4% 0.0% 2006-2010 1.3% 4.1% -7.7% 0.0% 0.0% 1992-1997 2.1% 1.9% 2.8% 1.9% 0.8% 0.3% 7.7% State 1997-2003 0.4% 0.9% 0.0% -0.9% 1.5% -0.4% -3.6% 2003-2006 1.6% 2.7% 1.5% 2.6% 10.9% -1.7% -2.6% 2006-2010 0.8% 6.8% -1.8% 0.4% 0.0% -0.5% -16.4% Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 33 0 SMS, Inc. November,2011 TABLE IA-11: HOUSING INVENTORY BY LAND TENURE,2010 Single Family Condo Cooperative Fee Lease No Fee Lease No Fee Lease State County Zone Simple hold Other" Data Total Simple hold Other' Data Total Simple hold Total Total 11 14,485 62 73 1 14,621 8,691 375 8 9,074 23,695 12 11,700 488 124 1 12,313 41,476 6,262 86 39 47,863 41 1,555 1,596 61,772 13 29,069 126 124 6 29,325 6,088 530 5 6,623 8 448 456 36,404 City& 14 25,674 1,162 236 3 27,075 4,963 175 6 2 5,146 1 224 225 32,446 County Of 15 4,308 158 78 4,544 455 373 2 1 831 5,375 Honolulu 16 2,849 45 17 1 2,912 399 5 404 3,316 17 4,751 10 51 1 4,813 471 119 3 593 5,406 18 7,495 2,311 177 9,983 2,275 165 8 2 2,450 12,433 19 58,736 1 835 1 281 1 2 1 59,854 1 26,853 570 31 27,454 1 1 87,308 &C of Honolulu To@ 159,067 5,197 1,161 15 165,440 91,671 8,574 149 44 100,438 50 2,227 2,277 268,155 21 807 27 52 886 36 1 37 923 Maui 22 15,442 229 214 15,885 2,350 14 1 1 2,366 18,272 CDUIIt 23 16,150 558 160 16,868 8,942 391 19 9,352 26,221 County 24 5,287 140 99 5,526 6,730 1,000 5 7,735 13,356 25 1,925 551 82 2,558 609 36 645 3,206 Maui County Total 39,611 1,505 607 41,723 18,667 1,441 26 1 20,135 0 0 0 61,978 31 16,654 69 114 16,837 40 40 16,877 32 14,893 940 169 22 16,024 1,409 253 2 1,664 17,709 33 798 1 21 820 31 31 851 Hawaii 34 2,206 29 20 1 2,256 113 1 114 2,374 CDUIIt 35 2,006 30 18 2 2,056 217 217 2,278 County 36 5,123 372 32 2 5,529 3,629 4 2 3,635 9,186 37 10,077 500 81 3 10,661 5,403 746 10 1 6,160 17,079 38 2,685 451 20 3,156 124 1 125 3,281 39 3,271 1 24 1 24 1 1 3,319 1 94 94 1 1 3,419 Hawaii Count Tout, 57,713 2,416 499 30 1 60,658 11,060 1,004 13 3 12,080 0 0 0 73,054 41 2,429 261 130 2,820 8 8 2,828 Kauai 42 5,136 58 44 2 5,240 1,524 364 2 1,890 7,766 county 3,871 112 34 1 4,018 544 65 2 611 5,908 y 44 6,840 278 93 8 7,219 514 83 597 8,422 45 3,351 26 28 1 3,406 903 8 911 5,134 Kauai County Total 21,627 735 329 12 1 22,703 3,493 520 4 4,017 0 0 0 130,058 State Total 278,0181 9,853 1 2,596 1 57 1 290,524 1 124,891 11,539 181 48 136,670 50 2,227 2,277 1429,4711 "Other includes Agreement of Sale,Government Owned,Remaindennan,and Lease from Federal Government Source: HHPS 2011. Hawari Housing Planning Study,2011 -Inventory Report Page 34 0 SMS, Inc. November,2011 TABLE IA-12: HOUSING INVENTORY BY OWNERSHIP,2010 Single Family Condo Coop State Total Owner %of Total Owner %of Total owner °i of Total Owner %of Total County Zone Occupied Units Occupied Units occupied Units Occupied Units 11 9,955 68.1% 4,378 48.2% 14,333 35.0% 12 8,406 68.3% 15,928 33.3% 495 31.0% 24,833 29.1% 13 21,248 72.5% 3,271 49.4% 93 20.4% 24,613 65.3% Honolulu 14 19,857 73.3% 2,642 51.3% 115 51.1% 22,614 62.1% 15 2,124 46.7% 138 16.6% 2,262 31.7% County 16 1,517 52.1% 82 20.3% 1,599 46.1% 17 3,068 63.7% 141 23.8% 3,209 26.6% 18 5,902 59.1% 341 13.9% 6,243 49.1% 19 43,793 73.2% 12,178 44.4% 55,971 59.6% C&C of Honolulu ToTa-j 115,870 70.0% 39,099 38.9% 703 30.9% 155,677 47.2% 21 420 47.4% 8 40.0% 428 45.8% Maui 22 10,630 66.9% 381 24.3% 11,011 62.6% 23 12,228 72.5% 2,467 41.3% 14,695 59.6% County 24 3,269 59.2% 988 27.1% 4,257 39.3% 25 1,602 62.6% 63 19.6% 1,665 54.0% Maui County Total 28,149 67.5% 3,907 33.9% 0 0.0% 32,056 56.1% 31 10,206 60.6% 13 32.5% 10,219 60.2% 32 11,645 72.7% 337 20.3% 11,982 60.3% 33 557 67.9% 25 80.6% 582 61.5% Hawaii 34 1,518 67.3% 80 70.2% 1,598 64.5% 35 1,351 65.7% 150 69.1% 1,501 63.6% County 36 3,504 63.4% 527 14.5% 4,031 40.3% 37 6,763 63.4% 1,210 19.6% 7,973 44.8% 38 1,934 61.3% 74 59.2% 2,008 57.3% 39 1,909 57.5% 12 12.8% 1,921 55.0% Hawaii County Total 39,387 64.9% 2,428 20.1% 0 0.0% 41,815 54.0% 41 1,784 63.3% 8 100.0% 1,784 56.5% Kauai 42 3,494 66.7% 274 14.5% 3,510 49.0% 43 2,996 74.6% 500 81.8% 3,013 60.9% County 44 4,560 63.2% 458 76.7% 4,562 56.7% 45 1,719 50.5% 556 61.0% 1,735 40.1% Kauai County Total 14,553 64.1% 1,796 44.7% 0 0.0% 1 14,604 52.8% State Tolall 196,219 1 67.5% 97,235 1 36.9% 1 703 1 30.9% 1 244,152 49.6% Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 35 0 SMS, Inc. November,2011 TABLE IA-13: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY YEAR BUILT,2010 Dates 1950 - 1960 - 1970 - 1980 - 1990 - 2000 - No State County Zone < 1950 1959 1969 1979 1989 1999 2010 Data Total 11 3,237 3,336 3,720 1,812 1,012 718 703 83 14,621 12 4,511 2,387 2,102 999 760 662 713 179 12,313 13 5,806 5,573 5,907 5,476 2,804 1,783 1,763 213 29,325 Honolulu 14 2,433 5,722 8,416 4,672 2,932 1,485 1,232 183 27,075 15 773 355 736 1,001 874 338 391 76 4,544 County 16 547 446 638 350 536 157 191 47 2,912 17 1,285 1,424 886 324 473 271 105 45 4,813 18 1,311 753 1,557 2,496 857 1,253 1,005 751 9,983 19 1 932 1 4,293 1 10,910 12,6851 9,360 1 10,5531 10,8531 268 1 59,854 C&C of Honolulu Tota 21 171 52 48 235 164 115 99 2 886 Maui 22 11485 436 651 3,478 4,214 3,003 2,593 25 15,885 23 1,301 1,275 1,751 2,908 3,445 2,958 3,185 45 16,868 County 24 784 200 529 1,112 1,045 789 1,046 21 5,526 25 474 177 172 577 491 334 317 16 2,558 Maui Count Total 31 746 260 356 2,076 3,616 4,426 5,006 351 16,837 32 2,632 1,560 1,765 3,611 2,383 2,177 1,675 221 16,024 33 222 49 38 109 98 121 166 17 820 Hawaii 34 781 182 132 294 278 261 295 33 2,256 35 247 280 141 214 291 452 398 33 2,056 County 36 192 182 203 805 1,214 1,271 1,626 36 5,529 37 213 239 566 2,298 2,265 2,010 3,012 58 10,661 38 230 190 188 586 692 700 519 51 3,156 39 1 394 1 120 135 1 383 1 528 1 759 1 944 1 56 1 3,319 Hawaii County Total 41 568 350 191 467 297 667 233 47 2,820 Kauai 42 545 335 340 920 1,216 1,055 713 116 5,240 43 245 314 449 884 660 878 552 36 4,018 County 44 531 496 398 1,276 1,751 1,622 965 180 7,219 45 142 65 76 644 840 810 769 60 3,406 Kauai County Total 2,031 13 560 13454 1 43191 1 43764 1 53032 1 33232 1 439 1 22,703 State Total 323 738 313 0511433 0011523 692 453 096 413 628 413 069 33 249 290,524 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 36 0 SMS, Inc. November,2011 TABLE IA-14: CONDOMINIUM HOUSING INVENTORY DISlRIBu-nON BY YEAR BUILT,2010 Dates 1950 - 1960 - 1970 - 1980 - 1990 - 2000 - No State County Zone < 1950 1959 1969 1979 1989 1999 2010 Data Total 11 12 213 866 4,305 2,275 853 527 23 9,074 12 62 839 10,745 22,937 4,649 3,365 3,607 1,659 47,863 13 6 304 2,157 2,221 577 544 807 7 6,623 Honolulu 14 9 37 265 2,981 1,368 444 33 9 5,146 County 15 3 3 3 741 42 21 13 5 831 ry 16 4 5 306 76 6 1 6 404 17 12 18 1 348 161 48 2 3 593 18 8 4 315 1,941 122 2 58 2,450 19 5 1,051 7,956 6,399 8,200 3,715 128 27,454 &C of Honolulu ToL 121 1,418 15,408 43,736 15,669 13,481 8,707 1,898 100,438 21 4 11 3 1 1 20 Maui 22 14 2 8 272 357 388 378 146 1,565 23 12 2 56 2,109 1,212 1,950 630 3 5,974 County 24 363 1,363 1,020 234 552 109 3,641 25 2 187 109 8 15 321 Maui County Total 26 4 429 3,935 2,709 2,583 1,576 259 11,521 31 1 1 10 23 4 1 40 32 2 3 392 995 65 28 177 2 1,664 33 3 1 17 10 31 Hawaii 34 4 3 3 6 25 50 21 2 114 35 12 2 1 13 25 81 77 6 217 County 36 2 5 4 146 1,054 657 1,762 5 3,635 37 4 4 412 2,012 1,507 809 1,399 13 6,160 38 4 3 2 21 46 35 14 125 39 76 5 9 4 94 Hawaii County Total 31 21 815 3,269 2,738 1,709 3,468 29 12,080 41 7 1 8 Kauai 42 102 846 209 73 660 1,890 43 4 141 159 155 152 611 COUnty 44 1 23 333 37 2 201 597 45 49 325 259 38 240 911 Kauai County Total 5 0 174 1,652 664 269 1,253 0 4,017 State Tvtal 183 1,443 16,826 52,592 21,780 18,042 15,004 2, 186 128,056 Source: HHPS 2011. Hawaii Housing Planning Study, 2011 -Inventory Report Page 37 ©SMS, Inc. November,2011 TABLE IA-15: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY BEDROOMS,2010 Number of Bedrooms One Two Three Four Five plus State County Zone Studio Bedrooms Be oms Bedrooms Bedrooms Bedrooms No Data Total 11 58 298 1,106 3,527 4,291 5,112 229 14,621 12 137 430 1,309 3,635 3,512 2,993 297 12,313 13 153 679 2,068 10,564 9,826 5,786 249 29,325 Honolulu 14 152 583 2,592 11,188 8,338 3,985 237 27,075 County 15 43 256 815 1,873 888 574 95 4,544 16 44 163 403 1,191 671 369 71 2,912 17 17 100 505 1,833 1,576 732 50 4,813 18 45 141 841 5,069 2,280 827 780 9,983 19 1 45 1 270 1 2,059 1 32,081 1 17,404 1 7,637 1 358 1 59,854 C&C of Honolulu Total 694 2,920 77,698 70,967 48,786 28,075 2,366 165,440 21 47 164 257 298 53 18 49 837 Maui 22 342 1,784 3,864 6,855 1,982 831 227 15,658 County 23 144 1,323 2,208 7,986 2,959 1,993 255 16,613 24 71 369 780 2,722 778 643 163 5,363 25 56 209 558 1,222 358 77 78 2,480 Maui Count Total 660 3,849 7,667 79,083 6,730 3,562 772 41,723 31 635 1,802 4,099 8,331 1,217 309 444 16,837 32 65 307 1,451 10,861 2,218 779 343 16,024 33 12 78 160 439 92 14 25 820 Hawaii 34 37 104 429 1,289 242 110 45 2,256 35 34 96 340 1,232 237 63 54 2,056 County 36 50 148 713 3,510 807 233 68 5,529 37 93 387 1,906 5,973 1,577 582 143 10,661 38 34 288 844 1,550 282 89 69 3,156 39 1 128 411 1 945 1 1,521 1 178 1 46 1 90 1 3,319 Hawaii Count Total 1,088 3,621 10,887 34,706 6,850 2,225 1,281 60,658 41 0 132 539 1,547 371 93 138 2,820 Kauai 42 2 286 881 2,976 655 240 200 5,240 43 4 141 681 2,115 549 401 127 4,018 County 44 5 650 1,258 3,875 842 326 263 7,219 45 2 396 795 1,542 369 122 180 3,406 Kauai County Total r 13 r 7,605 r 4,154 r 72,055 r 2,786 r 7,182 r 908 1 22,703 Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 38 0 SMS, Inc. November,2011 TABLE IA-16: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY BEDROOMS,2010 Number of Bedrooms wo Five plus One Bedroom Three Four Bedroom No State County Zone Studio Bedrooms s Bedrooms Bedrooms s Data Total 11 436 1,698 5,611 1,285 11 8 25 9,049 12 5,927 17,734 19,548 2,761 102 19 1,772 46,097 13 135 1,063 3,151 1,997 249 12 16 6,607 Honolulu 14 15 335 2,337 2,192 231 21 15 5,131 County 15 172 458 36 121 34 5 5 826 y 16 182 209 5 3 0 5 399 17 20 140 345 68 2 0 18 575 18 444 1,031 808 92 10 0 65 2,385 19 1 709 1 3,144 1 15,804 1 7,223 1 396 1 1 1 177 1 27,277 C&C of Honolulu Tota 7,858 25,785 47,849 15,744 7,038 66 2,098 700,438 21 4 9 1 5 0 1 19 Maui 22 9 219 612 517 50 11 147 1,418 County 23 120 1483 3645 701 8 6 11 5,963 y 24 404 1395 1348 343 33 7 111 3,530 25 58 160 92 11 0 0 327 Maui County Total 595 3,266 5,698 1,577 97 24 270 1 11,521 31 1 3 5 29 1 1 40 32 525 380 565 174 10 3 7 1,664 33 1 3 5 14 6 2 31 Hawaii 34 2 10 30 53 9 8 2 114 County 35 10 14 44 108 29 4 8 217 36 18 276 2,255 1,018 49 8 11 3,635 37 317 1,523 3,166 1,042 76 21 15 6,160 38 15 65 31 13 1 125 39 24 1 38 1 22 1 6 1 4 1 1 1 94 Hawak County Total 898 2,262 6,157 2,475 796 48 44 12,080 41 7 1 8 Kauai 42 27 605 907 325 18 2 6 1,884 County 43 2 60 445 96 6 1 1 610 y 44 6 333 235 9 14 583 45 184 530 194 3 977 Kauai County Total 35 1,182 2,124 624 27 4 21 3,996 $Cafe TOW 9,386 32,495 61,828 20,420 7,352 142 2,433 128,056 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 39 0 SMS, Inc. November,2011 TABLE IA-17: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY INTERIOR AREA,2010 Interior Square Footage 250- 500- 750- 1000 - 1250 - 1500- 1750- No State County Zone < 250 499 749 999 1249 1499 1749 1999 2000+ Data Total 11 17 277 1,054 1,516 1,971 1,594 1,516 1,359 5,234 83 74,627 12 48 363 943 1,233 1,631 1,445 1,254 1,153 4,063 180 72,373 13 51 576 1,344 2,176 3,822 3,380 3,622 3,115 11,024 215 29,325 Honolulu 14 30 331 967 3,000 4,168 3,862 3,745 2,978 7,809 185 27,075 15 6 94 415 773 841 481 418 384 1,056 76 4,544 County 16 6 77 267 722 549 348 266 175 456 46 2,972 17 4 115 543 846 1,041 634 464 348 773 45 4,873 18 9 146 724 2,194 3,007 1,205 677 478 786 757 9,983 19 7 158 589 4,367 9,980 12,663 11,537 7,220 13,063 270 59,854 -&C of Hon o u u To 778 2,737 6,846 76,827 27,070 25,672 23,499 77,270 44,264 7,857 765,440 21 13 78 203 189 125 63 56 36 121 2 886 Maui 22 44 599 2,921 2,191 2,237 1,653 1,469 1,146 3,599 26 75,885 23 15 652 2,244 1,709 2,846 2,094 1,974 1,607 3,677 50 76,868 County 24 14 192 522 894 926 532 406 339 1,679 22 5,526 25 5 108 341 693 635 234 137 110 279 16 2,558 Maur ounty Total 97 7,629 6,237 5,676 6,769 4,576 4,042 3,238 9,355 776 47,723 31 59 733 1,437 2,924 4,703 2,549 1,723 954 1,403 352 76,837 32 10 152 763 2,606 3,881 2,487 1,998 1,348 2,555 224 76,024 33 3 26 91 177 194 94 58 42 118 17 820 Havmii 34 4 45 163 659 472 276 184 147 273 33 2,256 35 6 44 122 423 478 228 158 133 429 35 2,056 County 36 3 39 146 483 1,115 897 863 570 1,376 37 5,529 37 7 127 282 1,084 1,867 1,537 1,305 1,125 3,265 62 70,667 38 4 127 258 481 669 459 344 252 511 51 3,756 39 13 138 323 712 868 475 290 195 248 57 3,379 Hawarr County Total 709 7,437 3,585 9,549 74,247 9,002 6,923 4,766 70,778 868 60,658 41 3 57 247 689 726 343 240 129 280 106 2,820 Kauai 42 3 114 345 891 1,067 688 509 422 1,043 158 5,240 43 3 57 266 750 783 641 414 346 675 83 4,078 County 44 10 228 750 1,179 1,515 899 779 511 1,145 203 7,279 45 11 118 225 379 434 344 356 317 1,124 98 3,406 Kauai County Total 30 574 7,833 3,888 4,525 2,975 2,298 7,725 4,267 648 22,703 State TOW 1 408 15,777 1 78,495 135,940 152,557 142,705 136,762 126,939 168,064 13,48.9 12.90,524 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 40 0 SMS, Inc. November,2011 TABLE IA-18: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY INTERIOR AREA,2010 Interior Square Footage 250- 500- 750- 1000- 1250- 1500- 1750- No State County Zone <250 499 749 999 1249 1499 1749 1999 2000+ Data Total 11 1 959 112 185 46 19 693 3,710 3,326 23 9,074 12 358 6,176 2,028 647 232 333 8,735 18,238 9,455 1,661 47,863 13 1,665 1,651 658 211 198 167 719 1,347 7 6,623 Honolulu 14 950 1,119 340 119 86 29 682 1,812 9 5,146 County 15 65 46 24 11 34 193 425 28 5 831 y 16 24 3 34 200 137 6 404 17 5 24 1 40 239 281 3 593 18 4 67 3 758 845 715 58 2,450 19 6,064 1,976 1,493 6,944 10,849 128 27,454 C&C of Honolulu Total 363 15,975 6,962 1,854 620 670 12,142 32,002 27,950 1,900 100,438 21 1 1 2 2 5 8 1 20 Maul 22 1 312 155 206 204 218 12 38 273 146 1,565 County 23 1 657 95 15 16 30 163 2,001 2,993 3 5,974 y 24 370 249 280 73 203 379 1,210 768 109 3,641 25 3 19 52 145 102 321 Maui County Total 3 1,343 518 503 295 451 1 606 3,399 4,199 259 11,521 31 19 3 4 1 5 1 1 5 1 40 32 114 126 15 5 18 622 560 202 2 1,664 33 2 6 7 2 5 1 3 5 31 Hawaii 34 28 17 12 11 24 3 7 10 2 114 County 35 29 44 24 32 46 10 8 18 6 217 y 36 1 866 705 450 187 545 83 21 772 5 3,635 37 1,431 491 243 259 373 370 1,222 1,758 13 6,160 38 25 20 8 8 19 2 8 35 125 39 1 4 3 4 4 24 35 19 94 Hawaii County Total 1 2,515 1,416 766 509 1,039 1,116 1,865 2,824 29 12,080 41 1 7 8 Kauai 42 477 433 192 96 28 29 383 252 1,890 43 93 93 1 2 138 283 1 611 County 44 158 24 2 24 295 88 6 597 45 329 180 87 121 6 73 115 911 Kauai County Total 0 1,057 730 281 217 36 55 889 745 7 4,017 State Total 1 367 120,890 19,626 1 3,404 1 1,647 12,7,96 13,919 138,755 135,663 12,7,95 1 128,0 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 41 0 SMS, Inc. November,2011 TABLE IA-19: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY LAND AREA,2010 Land Area Range 2500- 5000- 7500- 10000- 12500- 15000- 21780- No State County Zone <2500 4999 7499 9999 12499 14999 21780 43560 43560+ Data Total 11 324 2,285 7,646 2,221 986 262 302 276 319 14,621 12 388 2,080 3,718 2,752 1,607 512 578 359 319 12,313 13 538 3,582 10,944 7,171 3,896 1,170 1,105 573 346 29,325 Honolulu 14 309 1,658 7,753 8,528 4,367 1,086 858 678 1,838 27,075 County 15 10 369 1,383 495 509 245 220 265 1,048 4,544 16 9 264 1,064 649 172 96 164 139 347 8 2,912 17 12 280 2,301 1,021 521 108 281 179 109 1 4,813 18 393 1,548 3,533 1,288 654 195 312 465 1,595 9,983 19 1 650 1 14,675 1 32,179 1 5,630 1 2,262 1 612 1 492 1 353 1 521 12,4801 59,854 &C of Honolulu Tot 2,633 26,741 70,521 29,755 14,974 4,286 4,312 3,287 6,442 2,489 165,440 21 4 11 4 97 34 29 115 592 886 Maui 22 15 332 1,368 1,418 1,645 557 805 4,092 5,653 15,885 County 51 1,003 3,055 7,315 2,911 610 547 620 754 2 16,868 y 24 237 671 1,684 968 830 181 240 244 471 5,526 25 66 398 287 275 103 188 316 925 2,558 Maui County Total 303 2,076 6,516 9,992 5,758 1,485 1,809 5,387 8,395 2 41,723 31 2 87 88 2,154 2,057 414 1,645 900 9,490 16,837 32 13 219 757 1,649 4,080 839 4,263 1,599 2,594 11 16,024 33 13 66 37 122 66 54 74 388 820 Hawaii 34 2 37 181 219 364 142 190 199 922 2,256 County 1 7 27 23 209 131 648 160 850 2,056 y 36 18 41 116 858 1,797 497 703 467 1,032 5,529 37 3 142 810 2,265 1,954 284 1,525 927 2,631 120 70,667 38 1 15 34 491 259 94 265 221 1,776 3,156 39 1 1 1 141 1 187 1 436 1 340 1 297 1 98 1 1,819 1 1 3,319 Hawaii Count Total 40 562 2,220 7,883 77,278 2,807 9,590 4,645 21,502 131 60,658 41 7 94 750 523 422 223 303 257 238 3 2,820 Kauai 42 3 59 872 1,003 986 329 412 688 791 97 5,240 County 2 90 1,097 979 670 159 183 82 261 495 4,018 y 44 1 91 1,066 1,121 971 479 655 1,084 1,697 54 7,219 45 1 50 386 457 625 192 239 218 1,017 221 3,406 Kauai County Total 74 1 384 1 4,177 1 4,083 3,674 1,382 1,792 2,329 4,004 870 22,703 St8te TOW1 2,990 29,763 183,428 1 57,773 35,684 9,960 77,503 15,648 40,343 3,492 290,524 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 42 0 SMS, Inc. November,2011 TABLE IA-20: SINGLE FAMILY HOUSING AVERAGE INTERIOR AREA (SOFT) BY BEDROOMS,2010 Average Square Footage One Two Three Four > Four State County a Studio Bedroom Bedrooms Bedrooms Bedrooms Bedrooms Total 11 587 584 893 1,343 1,658 2,509 1,798 12 733 609 1,041 1,505 1,833 2,526 1,764 13 511 662 1,095 1,621 2,051 2,726 1,920 Honolulu 14 782 679 1,136 1,475 1,884 2,672 1,726 County 15 579 800 1,112 1,391 1,881 2,671 1,561 y 16 630 718 1,023 1,240 1,561 2,315 1,385 17 439 574 820 1,173 1,436 2,317 1,383 18 909 640 874 1,131 1,394 2,276 1,267 19 1 848 1 691 1 1,056 1 1,424 1 1,810 1 2,538 1 1,663 C&C of Honolulu Total 678 663 1,043 1,430 1,826 2,576 1,701 21 724 735 1,019 1,265 1,946 3,082 1,138 22 617 725 1,005 1,596 2,316 2,963 1,493 Maui County 23 782 554 811 1,407 1,960 2,618 1,498 24 884 705 1,050 1,522 2,556 3,047 1,722 25 691 690 1,006 1,215 1,489 2,551 1,193 Maui County Total 696 663 954 1,477 2,123 2,7 1,500 31 554 772 1,066 1,354 1,871 2,435 1,246 32 903 805 1,113 1,382 1,834 2,175 1,447 33 772 899 1,157 1,318 1,877 2,409 1,320 34 847 967 1,104 1,263 1,810 2,149 1,315 Hawaii County 35 785 921 1,296 1,482 2,216 2,695 1,537 36 1,336 918 1,371 1,605 2,373 3,406 1,744 37 960 938 1,357 1,708 2,441 3,235 1,804 38 623 764 1,161 1,522 2,045 2,326 1,413 39 1 638 1 774 1 1,112 1 1,332 1 1,837 1 2,424 1 1,212 Hawaii County Total 677 810 1,164 1,456 2,065 2,643 1,464 41 665 980 1,245 1,661 2,349 1,260 42 367 675 1,216 1,451 2,124 2,515 1,498 Kauai County 43 460 589 970 1,363 1,945 2,252 1,436 44 333 633 1,113 1,402 1,988 2,542 1,396 45 812 846 1,516 1,875 2,694 3,055 1,779 Kauai County Total 451 692 1,171 1,447 2,061 2,476 1,467 StBtB TOW 681 711 1,077 1,445 1,889 2,597 1,6014 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 43 0 SMS, Inc. November,2011 TABLE IA-21: CONDOMINIUM HOUSING AVERAGE INTERIOR AREA (SOFT)By BEDROOMS,2010 Average Square Footage One Two Three Four > Four State County Zone Studio Bedroom Bedrooms Bedrooms Bedrooms Bedrooms Total 11 344 571 801 1,096 1,835 3,272 781 12 369 583 926 1,355 1,746 2,866 751 13 459 735 1,107 1,434 1,902 4,350 1,168 Honolulu 14 485 671 893 1,317 1,788 3,255 1,108 County 15 417 641 1,313 1,411 2,151 2,950 813 16 647 788 904 1,262 729 17 481 526 746 1,028 1,228 718 18 403 553 787 1,059 1,082 626 19 1 389 1 545 1 826 1 1,120 1 1,295 1 1,276 1 867 C&C of Honolulu Total 375 585 885 1,228 1,626 3,291 830 21 687 840 500 1,555 978 Maui 22 496 901 1,290 1,860 2,365 5,072 1,500 County 23 455 626 819 1,114 2,316 2,898 803 y 24 420 718 1,129 1,750 2,959 4,622 970 25 391 650 997 967 714 Maui County Total 427 686 946 1,498 2,576 4,397 941 31 328 1,908 920 1,395 2,132 1,365 32 379 578 838 1,321 2,485 2,786 697 33 576 645 1,179 1,452 1,820 2,336 1,430 Hawaii 34 509 844 1,180 1,622 2,173 2,936 1,552 County 35 498 747 1,525 1,678 2,087 2,252 1,594 36 488 801 1,261 1,845 2,851 3,455 1,412 37 401 704 1,043 1,708 3,048 3,477 1,072 38 763 1,122 1,667 2,716 1,960 1,387 39 1 414 1 686 1 1,052 1 1,887 1 2,713 1 1 865 Hawaii County Total 391 697 1,109 1,729 2,721 3,131 1,140 41 936 1,508 Kauai 42 393 757 1,241 1,590 2,559 3,345 1,148 County 43 460 685 871 1,269 1,336 5,888 927 44 323 655 1,083 1,192 832 45 886 1,220 1,660 1,864 1,248 Kauai Count y Total 1 385 745 1,140 1,557 2,210 4,522 1,092 State TO& 380 609 922 1,320 1,861 3,458 878 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 44 0 SMS, Inc. November,2011 TABLE IA-22: SINGLE FAMILY HOUSING INVENTORY DISTRIBUTION BY ASSESSED VALUE(THOUSANDS OF DOLLARS),2010 Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 45 ©SMS, Inc. November,2011 Assessed Value Range $150- $200- $250- $300- $750- No State Coun <$100 $100-150 $200 $250 $300 $350 $350-400 $400-450 $450-500 $500-750 1000 > Data Total 11 1 2 9 13 16 74 171 575 1,143 8,113 3,037 1,467 74,627 12 10 4 13 27 30 50 86 148 226 3,777 4,307 3,635 72,373 13 9 4 8 5 7 29 142 348 578 12,179 8,267 7,749 29,325 Honolulu 14 14 3 9 27 45 181 292 542 1,096 15,022 6,090 3,753 1 27,075 15 8 5 13 13 27 252 323 397 373 1,596 713 824 4,544 Count County 16 13 6 12 9 22 197 326 457 401 763 258 448 2,972 17 20 28 8 14 98 588 1,177 967 644 1,019 114 136 4,873 18 14 659 477 1,540 2,168 1,642 962 562 541 815 388 215 9,983 19 1 14 1 10 1 26 1 69 1 400 1 1,594 1 4,518 1 8,642 1 9,964 1 29,818 1 3,703 1 908 1 188 1 59,854 C&C of Honolulu Total 703 727 575 7,777 2,873 4,607 7,997 72,638 74,966 73,702 26,877 79,735 789 765,440 21 38 61 54 68 49 58 110 59 48 149 63 129 886 Maui 22 45 93 216 292 367 587 950 1,384 1,402 5,106 2,338 3,099 6 75,885 23 119 161 242 243 340 715 1,489 2,342 2,393 6,288 1,478 1,058 76,868 County 24 123 19 69 104 251 403 363 292 263 1,530 738 1,371 5,526 25 328 244 321 360 237 178 133 139 101 238 126 153 2,558 Maui County Total 653 578 902 7,067 7,244 7,947 3,045 4,276 4,207 73,377 4,743 5,870 6 47,723 31 3,894 4,103 3,389 2,314 1,365 699 358 243 117 248 28 79 76,837 32 1,163 3,246 3,308 2,767 1,749 1,127 791 516 342 688 160 167 76,024 33 165 176 105 72 57 51 43 29 29 56 23 14 820 Hawaii 34 475 403 384 307 184 137 79 64 48 116 31 28 2,256 35 40 225 384 331 210 140 97 80 75 184 110 180 2,056 County 36 41 265 508 688 756 665 589 475 326 522 145 549 5,529 37 262 432 705 1,072 1,298 1,120 1,149 876 660 1,772 485 830 70,667 38 242 310 451 418 412 303 240 181 141 293 81 84 3,756 39 985 782 547 439 241 137 81 23 16 32 8 28 3,379 Hawa77CountyTotal 7,267 9,942 9,787 8,408 6,272 4,379 3,427 2,487 7,754 3,977 7,077 7,959 0 60,658 41 114 62 78 176 471 523 355 276 177 370 120 98 2,820 Kauai 42 6 10 24 67 361 690 659 587 541 1,311 449 535 5,240 43 7 99 170 105 125 574 644 560 501 899 139 195 4,078 County 44 11 28 82 60 466 989 999 970 672 1,826 592 522 2 7,279 45 4 5 4 16 51 146 215 168 184 938 459 1,216 3,406 Kauai County Total 742 204 358 424 7,474 2,922 2,872 2,567 2,075 5,344 1 7,759 2,566 1 2 22,703 State Total 8,765 1 77,445 1 77,676 77,676 1 77,803 73,849 1 77,347 27,902 23,002 95,668 1 34,450 29,470 1 797 1 290524 Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 45 ©SMS, Inc. November,2011 TABLE IA-23: CONDOMINIUM HOUSING INVENTORY DISTRIBUTION BY ASSESSED VALUE(THOUSANDS OF DOLLARS),2010 Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 46 ©SMS, Inc. November,2011 Assessed Value Range $1 $200- $250- $300- $750- County Zone <$100 $100-150 $250 $300 $350 $350-400 $400-450 $450-500 $500-750 1000 >$1000 No Data 11 24 51 994 2,222 1,914 1,260 1,158 546 482 403 9 11 9,074 12 2,094 648 3,751 5,968 7,785 8,247 5,249 3,756 2,359 5,600 1,552 854 47,863 13 4 33 8 81 197 287 582 1,115 1,320 2,272 361 363 6,623 Honolulu 14 6 40 389 707 661 1,061 914 725 507 78 58 5,146 15 1 86 81 156 269 79 52 25 4 35 18 25 831 Count Y 16 2 111 139 7 15 4 52 41 31 2 404 17 11 249 183 124 13 4 1 7 1 593 18 856 1,019 342 122 52 15 29 1 2 9 3 2,450 19 110 1,199 4,429 5,821 6,537 5,365 2,706 829 240 151 55 12 27,454 C&C of Honolulu Total 3,108 3,285 9,939 15,022 17,481 15,933 10,841 7,239 5,173 9,008 2,083 1,326 0 100,438 21 4 2 2 2 1 2 4 1 2 20 Maui 22 131 1 4 38 37 23 74 41 71 345 172 628 1,565 23 315 158 1,658 1,214 722 553 451 160 247 341 94 61 5,974 County 24 11 295 230 640 147 262 225 158 200 604 351 518 3,641 25 79 72 86 23 37 17 1 6 321 Maui County Total 457 533 1,968 1,980 931 875 769 360 521 1,300 618 1,209 0 11,521 31 3 6 13 7 6 4 1 40 32 958 311 175 90 89 21 7 3 2 6 2 1,664 33 2 4 1 4 8 3 1 2 6 31 Hawaii 34 13 20 20 17 10 12 5 8 3 4 2 114 35 8 9 16 23 33 40 19 22 11 30 2 4 217 County 36 49 555 212 442 352 370 386 183 224 339 228 295 3,635 37 677 752 1,090 1,028 664 636 354 201 166 308 43 241 6,160 38 5 15 37 13 16 8 8 8 6 6 3 125 39 2 1 1 40 1 22 2 1 15 9 3 1 1 1 1 94 Hawaii Co nty Total 1,717 1,673 1,604 1,646 1,180 1,109 790 430 412 699 280 540 0 12,080 41 7 1 8 Kauai 42 405 110 10 158 117 207 95 133 102 397 106 49 1 1,890 43 121 172 133 38 75 53 2 11 2 1 2 1 611 County 44 6 53 161 54 64 5 41 72 27 52 51 10 1 597 45 9 69 151 84 83 189 96 177 49 4 911 Kauai County Total 411 284 352 414 370 371 279 396 236 628 207 66 3 4,017 State Total 5,693 5,775 13,863 19,062 19,962 18,288 12,679 8,425 6,342 11,635 3,188 3,141 3 128,056 Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 46 ©SMS, Inc. November,2011 TABLE IA-24: HOUSING INVENTORY SUMMARY VALUES,2010 Average Age Average Median (in Years) InteriorSgFt Land Area Median Assessed Value County Zone SFD Condo SFD Condo SFD SFD Condo State Total 11 48 31 1,868 781 6,000 $657,600 $278,000 $536,500 12 53 33 1,821 752 7,470 $854,900 $312,200 $342,900 13 45 33 1,925 1,168 7,200 $775,000 $487,400 $727,200 Honolulu 14 42 31 1,736 1,119 7,825 $686,900 $385,200 $650,500 Count 15 39 35 1,597 813 10,004 $626,300 $292,800 $570,600 County 16 44 34 1,390 726 7,610 $501,400 $234,400 $477,700 17 50 33 1,390 721 7,200 $421,600 $166,200 $407,100 18 37 38 1,280 626 6,635 $302,100 $109,600 $270,700 19 29 24 1,668 867 5,695 $522,900 $265,900 $456,900 C&C of Honolulu Total 39 30 7,777 837 $608,300 $299,700 $489,500 21 38 26 1,263 978 88,340 $401,700 $205,600 $399,400 22 29 19 1,539 1,500 22,795 $607,500 $758,600 $627,000 Maui County 23 30 24 1,555 803 8,360 $508,600 $284,000 $450,600 24 32 27 1,784 970 7,600 $637,700 $479,000 $535,800 25 37 30 1,245 714 20,125 $254,700 $198,400 $232,500 Maui Count Total 30 25 7,554 947 $537,700 $374,000 $497,700 31 21 19 1,260 1,365 43,560 $155,600 $176,500 $155,800 32 37 35 1,493 698 15,000 $204,200 $69,600 $194,500 33 38 17 1,342 1,430 33,911 $186,400 $273,100 $188,900 34 44 21 1,319 1,552 21,256 $179,200 $208,800 $181,600 Hawaii County 35 32 18 1,555 1,639 21,207 $260,000 $328,600 $266,900 36 22 15 1,775 1,412 12,350 $337,700 $321,100 $334,700 37 23 25 1,834 1,072 12,709 $369,900 $224,600 $308,000 38 28 25 1,413 1,387 44,562 $268,200 $229,400 $266,500 39 26 30 1,229 865 43,560 $142,000 $207,800 $145,200 Hawaii County Total 28 23 7,490 7,747 $278,900 $237,800 $227,500 41 38 29 1,268 1,508 10,000 $348,000 $374,400 $348,700 42 31 22 1,498 1,153 10,890 $464,200 $382,500 $440,800 Kauai County 43 31 21 1,459 927 8,400 $448,000 $217,700 $378,900 44 29 25 1,398 835 12,415 $438,100 $373,100 $429,000 45 23 25 1,782 1,248 10,875 $689,500 $441,500 $586,400 Kauai County Total 1 30 1 23 1 7,4731 7,0941 1 $452,900 $347,000 $427,500 State TO&I 35 1 29 1 7,627 878 1 $530,800 $302,800 $447,400 Source: HHPS 2011. Hawaii Housing Planning Study,2011 -Inventory Report Page 47 0 SMS, Inc. November,2011 TABLE IA-25: HOUSING INVENTORY DISTRIBUTION BY OUT-OF-STATE OWNERSHIP,2010 Single Family Housing Units Condominium Housing Units Owned Out-of-State Owned Out-of-State Total Total Other Percent Total Other Percent Percent SFD U.S. Other ofSFD Condo U.S. Other of CND Owned Out- County Zone Units State Country Total Units Units State Country Total Units of-State 11 14,621 331 3 334 2.3% 9,074 426 26 452 5.0% 3.3% 12 12,313 355 16 371 3.0% 47,863 7,514 1555 9,069 18.9% 75.7% 13 29,325 1,165 121 1,286 4.4% 6,623 853 149 1,002 15.1% 6.4% Honolulu 14 27,075 1,260 44 1,304 4.8% 5,146 589 22 611 11.9% 5.9% 15 4,544 509 24 533 11.7% 831 299 13 312 37.5% 75.7% County 16 2,912 240 7 247 8.5% 404 94 0 94 23.3% 70.3% 17 4,813 110 2 112 2.3% 593 62 0 62 10.5% 3.2% 18 9,983 539 13 552 5.5% 2,450 945 73 1,018 41.6% 72.6% 19 59,854 2,159 56 2,215 3.7% 27,454 2,806 82 2,888 10.5% 5.8% C&C of Honolulu Total 765,440 6,668 286 6,954 4.2% 700,438 73,588 1920 15,508 75.4% 8.4% 21 886 204 4 208 23.5% 20 5 0 5 25.0% 23.5% 22 15,885 1,614 142 1,756 11.1% 1,565 747 139 886 56.6% 75.7% Maui County 23 16,868 1,155 60 1,215 7.2% 5,974 1,826 264 2,090 35.0% 74.5% 24 5,526 878 57 935 16.9% 3,641 1,925 110 2,035 55.9% 32.4% 25 2,558 281 5 286 11.2% 321 193 11 204 63.6% 77.0% Maui County Total 47,723 4,732 268 4,400 70.5% 77,527 4,696 524 5,220 453% 78.7% 31 16,837 1,965 150 2,115 12.6% 40 9 0 9 22.5% 72.6% 32 16,024 683 17 700 4.4% 1,664 372 20 392 23.6% 6.2% 33 820 85 2 87 10.6% 31 4 0 4 12.9% 70.7% Hawaii 34 2,256 171 5 176 7.8% 114 8 0 8 7.0% 78% 35 2,056 242 9 251 12.2% 217 36 0 36 16.6% 72.6% County 36 5,529 777 42 819 14.8% 3,635 1,945 164 2,109 58.0% 32.0% 37 10,661 1,791 89 1,880 17.6% 6,160 3,117 172 3,289 53.4% 30.7% 38 3,156 384 28 412 13.1% 125 19 1 20 16.0% 73.2% 39 3,319 538 25 563 17.0% 1 94 68 3 71 75.5% 78.6% Hawaii Count Total 60,658 6,636 367 7,003 77.5% 72,080 5,578 360 5,938 49.2% 77.8% 41 2,820 218 4 222 7.9% 8 4 0 4 50.0% 8.0% 42 5,240 602 15 617 11.8% 1,890 1,438 36 1,474 78.0% 29.3% Kauai County 43 4,018 170 1 171 4.3% 611 232 6 238 39.0% 8.8% 44 7,219 797 20 817 11.3% 597 478 8 486 81.4% 76.7% 45 3,406 941 25 966 28.4% 911 726 23 749 82.2% 39.7% Kauai County Total 22,703 2,728 65 2,793 723% 4,077 2,878 73 2,951 735% 27.5% State Total 288,343 20,764 986 21,150 73% 728,056 26,740 2877 29,617 23.7% 72.2% Source: HHPS 2011. Hawai'i Housing Planning Study,2011 -Inventory Report Page 48 0 SMS, Inc. November,2011