You guys may have seen this in the Honolulu Advertiser but it seemed on topic.
The Big Island's single-family home market was the least depressed, with a 12 percent decrease in sales and a 20 percent decline in the median price, according to Hawai'i Information Service.
There were 91 sales last month, compared with 103 a year earlier. The median price was $313,000 compared with $389,000 in the same period.
In the condo market on the Big Island, sales were down by more than half, or 51 percent, to 24 last month from 49 a year earlier. All of the decrease occurred in the South Kohala and North Kona resort areas of West Hawai'i. There were three sales in South Hilo, which was one more than a year earlier.
The median Big Island condo sale price was $307,250 last month, down 40 percent from $515,000 a year earlier.
In South Hilo, the median was $15,000 last month compared with $87,200 a year earlier.
In South Kohala, the median was $410,000 on seven sales compared with $627,000 on 18 sales in the same period. In North Kona, the median was $322,250 on 14 sales compared with $350,000 on 29 sales.
-Blake
http://www.theboysgreatescape.blogspot.com/