Kauai condo prices up 40% but sales soft - Pacific Business News (Honolulu):

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The median price of a condo on Kauai in Novemberwas $772,000, which was 40 percent higheer than the same month in 2006, when it was according to data from . The median condo pricwe for the first 11 months of the year was 44 percent higher than the same perioedin 2006, when the median price was The median price of a single-family home on the Garden Isle last month was which was down 14 percent from Novembetr 2006, when it was $600,000. the median price of a Kauai housewas $650,000, which was 4 percent less than the same perio last year, when it was $679,000.
The number of salesz in both categories is down both for November and the firsrt 11 months of the There were24 single-familh homes sold last month, a 27 percent drop from Novembef 2006, when 33 homes sold. The 379 homexs sold from January through November represent a 12 percentg drop from the same periorlast year, when 430 houses sold. Condo sales this year have suffered evensteeper declines. There were 12 unitws sold last month, a 66 percengt drop from November of last year when 35unitd sold. Year-to-date, there were 282 condo which was a 56 percent drop from the 647 unitds sold during the same periodlast year.