Kauai home prices steady

Prices of single-family homes on Kauai remained steady in October as the number of houses sold fell, while prices and sales of condominiums both dropped, according to data released Friday.
The median price of a single-family home on the Garden Isle last month was $676,000, up slightly from the October 2005 median price of $675,000, according to data from Hawaii Information Service.
The number of sales last month fell 30 percent, to 40, from October 2005 when 57 homes sold.
The median price of a condo on Kauai fell 33 percent last month, to $305,968, from $455,000 in October 2005. The number of condos sold in October, 29, was down 38 percent from the same month last year, when 47 units sold.
Year-to-date figures show the number of condos sold rising 8 percent to 601 units, up from the 557 units sold during the first 10 months of 2005. The number of single-family homes sold during that period, however, fell 33 percent to 393, down from 585 houses sold during that time in 2005.
Median prices year-to-date, meanwhile, are up for single-family homes on Kauai and down for condos.
The median price of a single-family home for the first 10 months of the year was $680,000, a 6 percent increase over 2005, when the price was $640,000.
The year-to-date median price of a Kauai condo was $395,000, a 9 percent decline from 2005, when the price was $435,000.