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Oahu home and condo sales slumped in December

By Jennifer Sudick

POSTED: 10:54 a.m. HST, Jan 05, 2009

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Oahu single-family home sales dropped 19.2 percent in December from last year to 194 from 240, the Honolulu Board of Realtors reported this afternoon.

The median sales price was $626,500, up 2.7 percent from last year.

Condo sales were down 31.2 percent in December to 243 from 353 a year ago. The median condo sales price was $305,000, down 4.7 percent from last year.

Big Island home sales decreased 26.45 percent to 89 from 121 in December, while condo sales slumped 43.75 percent to 18 from 32, the Hawaii Information Service reported earlier today.

The median price for a Big Island single-family home fell 21.71 percent to $297,500 in December from $380,000 a year ago. The median condo price rose 20.62 percent to $351,000 from $291,000.

Kauai home sales fell by 37.93 percent to 18 in December from 29 a year ago. Condo sales fell by 30.77 percent to nine from 13.

The median single-family home price fell by 20.80 percent to $495,000 from $625,000, while condo prices rose by 45.35 percent to $625,000 from $430,000.

Oahu single-family home sales dropped 19.2 percent in December from last year to 194 from 240, the Honolulu Board of Realtors reported this afternoon.


The median sales price was $626,500, up 2.7 percent from last year.

Condo sales were down 31.2 percent in December to 243 from 353 a year ago. The median condo sales price was $305,000, down 4.7 percent from last year.

Big Island home sales decreased 26.45 percent to 89 from 121 in December, while condo sales slumped 43.75 percent to 18 from 32, the Hawaii Information Service reported earlier today.

The median price for a Big Island single-family home fell 21.71 percent to $297,500 in December from $380,000 a year ago. The median condo price rose 20.62 percent to $351,000 from $291,000.

Kauai home sales fell by 37.93 percent to 18 in December from 29 a year ago. Condo sales fell by 30.77 percent to nine from 13.

The median single-family home price fell by 20.80 percent to $495,000 from $625,000, while condo prices rose by 45.35 percent to $625,000 from $430,000.

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