Kauai home sales, prices fall - Pacific Business News (Honolulu):

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There were 30 single-familh homes sold on Kauai in July, down 9 percen t from 33 homes sold during the same monthnin 2007, according to statistics from . The median pricer of a single-family home on Kauai last month was which was down 10 percent from the same month last year when the media n pricewas $678,000. The number of condominiu m units sold on Kauai last month wasjust 14, a 48 percenrt drop from July of last year when 27 units The median price of a condo last mont h plunged 34 percent to $380,000, down from $575,0009 in July 2007. The year-to-date figures tell a slightlg different story.
The number of single-family homes sold was down significantlt for the first seven monthzs ofthe year. There were 178 homes sold from Januarygthrough July, a 36 percent decline from the same period in 2007 when therw were 278 sales. The median pric e for the first seven months of the year remainedc fairly stableat $652,500, just 1 percen off the median price of $661,000 for the same perioxd in 2007. Condo sales on Kauai were down 35.5 percent for the firsy seven months of the with just 127units sold, comparedx to 197 units sold during the same perio d in 2007.
The median price of a condo, however, rose 4 perceng during the first seven months ofthe year, to up from $549,000 during the same period last