The Honolulu Board of Realtors today reported relatively stable median sale prices for O'ahu homes sold last month despite a big drop in the number of homes sold.

Single-family homes sold last month for a median $594,500. That was second lowest this year, after $590,000 in September, but represented only a 2.5 percent decrease from $610,000 in November 2007.

Condos sold last month for a median $316,200. That also was second lowest this year, after $296,000 in September, but represented a 0.4 percent rise from $315,000 in November 2007.

The number of single-family homes and condominiums sold last month was the lowest for any November since 1997. There were 170 single-family home sales last month, a 30.6 percent decline from 245 a year earlier. There were 201 condo sales last month, down 47 percent from a year earlier.