Kauai Home, Condo Sales Increased in August

kauai, condo sales, august, real estateSingle-family home prices on Kauai inched up nearly 3 percent in August, while the median price of a condominium jumped nearly 20 percent, according to statistics from Hawaii Information Service.

The median price of a single-family home on the Garden Isle in August was $460,000, compared to $447,500 in August 2011 — a rise of 2.8 percent. That was based on the sale of 25 homes, which was nearly 22 percent fewer than the 32 sales in August 2011.

The median price of a Kauai condo last month was $312,000, which was 19.2 percent higher than the median price in August 2011, which was $262,000.

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