Maui home sales, prices fall - Pacific Business News (Honolulu):

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The median price of a single-family home on Maui fell 14 percentfto $565,000, from $653,746 in May 2007, accordinh to statistics from . The figures include the sale of one home on Lanafor $455,000. Year to date througyh May, the median prics of single-family homes was down 10 percent from the same periocdin 2007, when it was The median price of a Maui condio in May was $522,500, down just 2 percenft from May of last year when it was Prices for the firsft five months of the year were up 8 percent, with a year-to-dat median price of $575,000, up from $530,000 at the same pointy in 2007.
The number of condominiums sold on Maui alonee in Maywas 82, a 26 percent drop from the 111 unitsz sold in May 2007. there were 452 condo unites sold, including one on Lanai and two on a 10 percent declinw from the first five monthz of 2007 when 505units sold. The 95 single-familyy homes sold in May were 6 percent fewe than the 101 homes sold inMay 2007. There were a totalp of 399 single-family homes sold durintg the first five months of the including three houses on Lanai and one on down 25 percent from 538 salea during the same perioxdin 2007.