Kauai median home price: $740K

The median price of a new home on Kauai in August was $740,000, up almost 15 percent from the same month last year.
The Hawaii Information Service reported Thursday that only 35 home sales on Kauai went to closing in August, down from 56 a year ago.
The median price had been $599,000 as recently as June. But price fluctuations on Kauai tend to be driven more by how many sales are made in pricey areas than by general uptrends or downtrends.
There were 21 sales in Kawaihau district, which includes Kapaa, for a median price of $617,500, and seven sales in Hanalei district, up the road from there, for a median price of nearly $1.2 million.
There were eight sales in Koloa district on the southern coast, for a median price of $327,500. A single home sold in Lihue district for $530,000, and the median price was $601,000 in Waimea district, the southwestern side of the island, where five homes sold.
Only 29 condos went to closing on Kauai in August, compared to 60 a year ago, for an islandwide median price of $499,000. Fourteen were in Lihue district, for a median price of $329,000. Eight were in Hanalei district, for a median price of $757,500.