There were 4,041 single-family homes and 6,380 condominiums sold on the Island last year, a combined 17 percent drop from 2005, while median prices rose 7 percent to $630,000 for single-family homes and rose 15 percent to $310,000 for condos, according to the Honolulu Board of Realtors.

Sales in December were up 10 percent for single-family homes to 346 compared with 315 in December 2005. The December median price was $613,500, up 1 percent from $610,000 a year earlier.

For condos, sales last month were down 16 percent to 458 from 545 a year earlier. The median price was $315,500, up 3 percent from $305,000 during the same comparable period.