HONOLULU -- The median-sales price for a single-family home on Oahu dropped in May after a couple months of climbing, according to the Honolulu Board of Realtors.

The median-sales price was $650,000 compared to $665,000 in April. The price ends four months of increases.

Condominium sales remained even at $325,000.

The volume of single-family homes was up over April's 342 with 357 homes sold, but down by about 20 for the same period last year. However, that is the highest number of homes resold on Oahu since September.

The HBR recorded 543 condos sold in May compared to 527 in April. It is also the highest number of condos sold in a month since August.

Oahu Median Resale Prices
Month, Year	Single Family	Condominium
May 2007	$650,000	$325,000
April 2007	$665,000	$325,000
March 2007	$643,500	$321,000
February 2007	$614,500	$320,000
January 2007	$600,000	$320,000
December 2006	$613,500	$315,500
November 2006	$610,000	$310,000
October 2006	$645,000	$310,000
September 2006	$620,000	$320,000
August 2006	$635,000	$305,000
July 2006	$660,000	$329,000
June 2006	$639,000	$310,000
May 2006	$668,300	$306,000

The number of properties sold in these transactions does not include new home sales of housing developments.

Oahu Resale Volume
Month, Year	Single Family	Condominium
May 2007	357	543
April 2007	342	527
March 2007	330	541
February 2007	272	248
January 2007	263	418
December 2006	346	458
November 2006	293	421
October 2006	296	425
September 2006	359	481
August 2006	351	580
July 2006	379	498
June 2006	368	641
May 2006	374	605