Homes sit on the market in pricey real estate paradise Premium Content

Sales volume drops in Hawaii while prices continue climb

"For Sale" signs keep popping up across Hawaii neighborhoods like a kids' game where players hammer down one peg only to have three more rise in succession. As prices also continued to post double-digit gains through the first quarter of the year, though, the vaunted Hawaii real estate market showed signs of faltering. A drop in sales volume signaled to many a turning of the tide.

The rocket rise in real estate prices in one of the priciest markets in the nation seems to have left the Hawaii market spinning, though not in a tailspin, most experts agree.

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