Fun with numbers

I was reading the Honolulu Board of Realtors report for October 2007, and I came across this statistic:

Number of homes sold in October, 2007: 12
Number of homes sold in October, 2006: 25

Median price of homes sold in October, 2007: $759,500
Median price of homes sold in October, 2006: $995,000

Holy cow, what a difference.

Just for fun, I dug up the numbers for Kailua only, this is what the October 2007 sell prices were:
2,250,000
705,000
670,000
680,000
520,000
775,000
860,000
623,000
779,000
3,310,000
770,000

And for October 2006:
560,000
620,000
685,000
995,000
435,000
1,300,000
875,000
995,000
835,500
1,000,000
1,230,000
700,000
876,000
990,000
955,000
1,040,000
585,000
1,198,000
1,275,000
1,566,000
1,000,000
797,500
898,000
599,000
869,000
3,300,000

Now for some reason, I found 26 houses sold for October 2006, in Kailua alone, while the BOR stats list only 25 for both Kailua and Waimanalo combined. I have no idea what's going on there. Still, the numbers are interesting. Look at all those houses over a million each last year. This year, they aren't over a million unless they're WAY over a million. It looks like the higher end of the market has disappeared for all but the truly wealthy.