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The Honolulu Advertiser
Updated at 1:55 p.m., Monday, November 3, 2008

Oahu single-family home resale price was lower in October

The median price for previously owned single-family homes sold on O'ahu last month was down 4.6 percent to $625,000 on sales that declined 8.3 percent to 243 when compared with the same month last year.

In the condominium resale market, the median price was up 0.8 percent to $325,000 on sales that fell 25.3 percent to 316.

For the first 10 months of the year, the median single-family home price is $625,000, down 3.7 percent from a year ago. The median condo price this year through October is $325,000, unchanged from the same period last year.