By Howard Discus
The neighbor island home sales reports from April are starting to come in. The number of sales were almost 20% less than at the same time last year. The median price fell only 7% but that means than half of the homes went for less than 400 grand. Condos also slowed but a shift of sales to Waikoloa drove up the median price. The Hawaii Information Service also issued April figures for Kauai — only 19 homes sold and 14 condos, in both cases a drop of more than half from last year. The median home price was 620 thousand, down only 15% from a year ago. The condo median fell almost 40% as sales slumped in the upscale Koloa developments. Still to come, probably later this week, stats from the Realtors Association of Maui.
Other Business Headlines: Delta Air Lines hikes to a 110-dollar roundtrip fuel surcharge on flights between Honolulu and LAX. This puts maximum coach fares to the West Coast over 14-hundred dollars
