State of Hawaii – December 2007, State Wide Resale Home Sales

Single Family Home Sales have shown decreases in volume for the month of September compared to the same month in 2006 in all of the counties. Median prices of homes had slight decreases of less than 1% compared to the same time in 2006, with the exception of Maui which showed a 6.9% decrease.

Condominium Sales have also seen declines in Hawaii and Kauai in both volume and median price. Maui had an decrease in volume and a large increase in median price. Oahu (Honolulu County) while having a decrease in sales volume had a slight climb in median price.

*FOR THE MONTH OF DECEMBER 2007*

SINGLE FAMILY HOMES
	Number of Sales			Median Sales Price
County	2007	2006	% Change	2007	2007	% Change
Hawaii	116	172	-33.3%	$377,500	$381,000	-0.9%
Kauai	30	45	-33.3%	$590,000	$595,000	-0.8%
Maui	85	129	-34.1%	$582,002	$625,205	-6.9%
Oahu	240	346	-30.6%	$610,000	$613,500	-0.6%
Total Sales	471	694	-32.1%

CONDOMINIUMS
	Number of Sales			Median Sales Price
County	2007	2006	% Change	2007	2007	% Change
Hawaii	30	47	-36.2%	$291,000	$346,000	-15.9%
Kauai	13	57	-74.5%	$430,000	$600,000	-28.3%
Maui	71	93	-23.7%	$626,000	$525,000	+19.2%
Oahu	353	458	-22.9%	$320,000	$315,500	+1.4%
Total Sales	467	649	-28.0%

*These numbers were taken from area MLS systems and Title Guaranty Escrow. The information listed here is deemed to be accurate, but not guaranteed.

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Or at: http://www.localism.com/

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Randy L. Prothero - Hawaii REALTOR®
Century 21 Liberty Homes
Mililani, HI

Cell Phone: (808) 384-5645
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