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April was a mostly slower month for home sales on Kauai and Hawaii island as prices were evenly split between higher and lower medians.
Data from the Kauai Board of Realtors and Hawaii Island Realtors released Tuesday by Hawaii Information Service showed that the biggest change happened in the smallest segment of the two neighbor island housing markets: Kauai’s condominium market, where the number of sales sank 27 percent to 24 last month from 33 a year earlier.
The median sale price for Kauai condos sold in April slipped 2 percent to $370,000 from $378,000 in the same month last year.
Single-family home sale volume also was down on Kauai, falling 15 percent to 34 last month from 40 a year earlier. The median price, however, edged up 4 percent to $564,250 from $542,500.
On Hawaii island the number of single-family house sales dipped 4 percent to 177 last month from 185 a year earlier. The median price moved the other way, rising 24 percent to $390,000 from $315,000.
Condo sales on Hawaii island rose 22 percent to 79 last month from 65 a year earlier. But the median price fell 19 percent to $260,000 from $320,000 in the same period.
It is not uncommon for neighbor island home sale price data to be more choppy in comparison with Oahu because the number of sales involved on Kauai and Hawaii island are relatively small and more influenced by the mix of homes sold in terms of location, quality, size and age.
Oahu home sale data for April are expected to be released Thursday. Data for Maui are typically released within several days of the other markets.