Pacific Business News - Prices of single-family homes in Maui County jumped by 24 percent in July, while sales declined, according to the Realtors Association of Maui.
The median price of a single-family home in Maui County last month was $491,000, compared to $394,500 in July 2011.
There were 71 single-family homes sold in Maui County--67 on Maui and four on Molokai--in July, a 4 percent decline from July 2011.
Meanwhile, the number of condominiums sold in Maui County dropped by 25.5 percent to 73 units, compared to 98 units sold in July 2011. The median price of a Maui condo was unchanged at $320,000.