Hawaii resort residential sales down whiles prices rise

Sales of homes in Hawaii's residential resort market in 2014 fell to 1,316, down from 1,447 in 2013, but the average price rose 6.6 percent to $1.23 million, according to data collected by Ricky Cassiday, principal of Data@Work. For sales including bulk sales by island, Maui had the highest sales in 2014 at 451; followed by Kauai at 394; Big Island at 389; and Oahu at 92. By average sales price, Maui led all islands with an average price of $1.56 million. Big Island was next highest with average…