Big Island home sales decline
Homes sales on the Big Island continued to decline in May, with sales of single-family homes and condominiums down more than 30 percent from last year. Prices were mixed, however, with the median price of a single-family home down 11.5 percent to $389,000, from $439,500 in May 2007, according to statistics from the Hawaii Information Service. The year-to-date median price was $379,105, down 12 percent from the first five months of 2007, when it was $430,000.
Publication: bizjournals.com
Date of Publication: June 5, 2008
Article URL: http:/ / www.bizjournals.com/ pacific/ stories/ 2008/ 06/ 02/ daily38.html?jst=b_ln_hl
