Neighbor Island Home Sales, Delta Hikes Fuel Surcharge
By Howard Discus
The neighbor island home sales reports from April are starting to come in. The number of sales were almost 20% less than at the same time last year. The median price fell only 7% but that means than half of the homes went for less than 400 grand. Condos also slowed but a shift of sales to Waikoloa drove up the median price. The Hawaii Information Service also issued April figures for Kauai -- only 19 homes sold and 14 condos, in both cases a drop of more than half from last year. The median home price was 620 thousand, down only 15% from a year ago. The condo median fell almost 40% as sales slumped in the upscale Koloa developments. Still to come, probably later this week, stats from the Realtors Association of Maui.
Other Business Headlines: Delta Air Lines hikes to a 110-dollar roundtrip fuel surcharge on flights between Honolulu and LAX. This puts maximum coach fares to the West Coast over 14-hundred dollars
The neighbor island home sales reports from April are starting to come in. The number of sales were almost 20% less than at the same time last year. The median price fell only 7% but that means than half of the homes went for less than 400 grand. Condos also slowed but a shift of sales to Waikoloa drove up the median price. The Hawaii Information Service also issued April figures for Kauai -- only 19 homes sold and 14 condos, in both cases a drop of more than half from last year. The median home price was 620 thousand, down only 15% from a year ago. The condo median fell almost 40% as sales slumped in the upscale Koloa developments. Still to come, probably later this week, stats from the Realtors Association of Maui.
Other Business Headlines: Delta Air Lines hikes to a 110-dollar roundtrip fuel surcharge on flights between Honolulu and LAX. This puts maximum coach fares to the West Coast over 14-hundred dollars
posted by ams at 2:25 PM
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