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The Honolulu Advertiser

Posted at 9:41 a.m., Tuesday, May 2, 2006

O'ahu median home price falls in April from March

Advertiser Staff

The median price for existing single-family homes and condominiums on O'ahu fell in April from March as the volume of sales continued to slow, the Honolulu Board of Realtors said today.

The median price for a single-family home fell to $615,000 from $650,000 in March, although it remained above the April 2005 price of $545,000. The median price for a condominium fell to $296,500, down from $312,000 in March, but up from $243,000 a year ago.

A total of 332 single-family homes were sold in April, down from 418 the same month a year ago. Condominium sales totaled 584 in April, down from 754 a year earlier.