Home prices mixed on Kauai, Hawaii isle

The median price for single-family homes on Hawaii island and Kauai were mixed in November even as the Oahu market was climbing to a record high.

On Hawaii island, the median price — where half the homes are above and half below — rose 13.1 percent to $350,000 from $309,500 in November 2013, according to recent data from Hawaii Information Service. On Kauai, which has far fewer sales, the median price for single-family homes declined 15.4 percent to $499,000 from $589,500.

Condo prices were likewise mixed.

Hawaii island condo prices dropped 17 percent to $202,500 from $244,000 while Kauai condo prices jumped 37.1 percent to $397,500 from $290,000.

Sales on Hawaii island fell for both single-family homes and condos. Single-family home sales declined 13 percent to 141 from 162 and condo sales dropped 36.8 percent to 36 from 57.

On Kauai, single-family home sales rose 16.7 percent to 35 from 30 but condo sales sank 40.7 percent to 16 from 27.

Earlier this week, the Hono­lulu Board of Realtors announced that the median price for single-family homes on Oahu rose 5.2 percent to a record $719,500 due largely to diminishing inventory for lower-priced properties. Condo prices were up 3.9 percent to $343,000.

Source: Hawaii Information Service