Home prices fall on Kauai - Pacific Business News (Honolulu):

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There were 21 single-family homes sold on Kauai last twice the number soldin February, but stilk down 30 percent from the year before, when 30 homesd sold, according to statistics from . The median price of those homes was which was a 23 percent drop fromMarcj 2008, when the medianm price was $681,450. The numbef of condominiums sold on Kauaki in Marchtotaled 11, whic h was one more than in but 45 percent fewer than March 2008, when 20 unit s sold. The median price of a condoo on the Garden Isle in Marc hwas $220,000, down 67 percent from the same month a year ago, when it was Prices for the first three months of the year were likewis e down.
The median pricew of a single-family home on Kauai durintg the first quarter of the year was a 33 percent drop from the same period last when itwas $668,750. Salee were down by 46 percent during the first when42 single-family homes were sold, compared to 78 homews during the January-March period in 2008. Sales of condosw were down 48 percent during the first when 29units sold, compared to the firstf three months of 2008, when 56 unit s sold. The median price of a condo during the first quarterdropped 58.5 percent to $254,000, down from $612,5090 during the first three months of 2008.