Home prices on the Big Island continue to rise with the median price of a single-family home in August up nearly 8% from the same month last year. According to Hawaii Information Service, the median price of a single-family home last month was $272,500 compared to August 2011 when the median price was $252,500.
The median sales price was based on island-wide sales of 142 single-family homes in August, which is the same amount of sales for August 2011.
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