Ewa Beach real estate

Ewa Beach real estate news and information

Found 23 blog entries about Ewa Beach real estate.

     As I'm looking at the statistics that just came out from the Honolulu Board of Realtors, I'm laughing! Mainly because at the beginning of the year I actually thought that maybe the market may start to slow down in 2016 (see my article from March 2016 below in the blogs)... Boy, was I wrong!

      Not only did our market continue to soar in 2016, but December was the 2nd highest month for # of sales. December is usually a bit slower as expected with the Holiday's.

 

     The median home price for Oahu went up from $700K to $735K. And the median condo price went up from $360K to $390K respectively. The Honolulu Board of Realtors calls this "stable". The average days on market for both SFH and condo's went down (that's a good thing) to 18

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      It seems that prices are still continuing to rise in the residential housing market here. As we begin to come upon the "busy season" of sales, there are some interesting trends to note as we compare last years statistics to this years.

    The median home price for single family homes has risen again to $725,000 from last years $700,000. That's a 3.6% rise. Last year at this time the median home price had risen 7.2% from the previous year....could we finally be slowing down? The end of the year statistics will show us a better picture, so stay tuned for that in the months to come.

    The median home price for condo/townhome's also rose to $385,000 from $380,000, respectively. That's only a 1.3% increase from last year, compared to the rise of

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     As the summer selling season draws to a close and we start to approach the holiday season, I wanted to give you an idea of our local market and the trends that are happening now compared to last year.

     For single family homes and condo's, inventory is down in most area's which will tend to drive up prices. When X number of buyers are looking at Z number of houses, and X is greater than Z, that means bidding wars ensue (from buyers) which always end up pushing sale prices higher.

     For single family homes, median sales prices went up this year 6.45% compared to the median sales price in 2014. The average days on market went up 3 days, to 25 days on market, compared to last years 22 DOM.

     For condominium/town homes, the median sales

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     We recently sold a home in Makakilo-Anhuea, within the Palehua Home Owners Association. Anuhea is a subdivision developed by DR Horton-Schuler Homes in 2005. The homes are very well built with steel frames and nice floor plans. This neighborhood consists of 109 homes that are a CPR. CPR is short for Condo property regime. But these are all detached, single family homes. The CPR refers to the way that the land was split up by the developer.

 

    The floor plans are all very open and have nice sized bedrooms. There are 4 different floor plans with many variations of them all. They are all 3-4 bedroom, 2, 2.5 or 3 bathroom and range from 1285-1817 sq ft.

 

    The homes have a traditional exterior elevation and all have nice vinyl

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For the 4th year in a row, Tony Kawaguchi and his Aloha Tony team have received the honors of being on this prestigious list of top producing agents in the state of Hawaii. The data is compiled from the MLS (Multiple Listing Service) and there are a few criteria that are considered from this.

1. Only MLS transactions in Hawaii

2. Only residential sales are counted. (no vacant land or commercial)

3. No new home sales are counted. (which is a shame since Realtor's often find homes in new construction developments)

4. Primary listing agents receive full credit, co-listing agents do not receive credit.

5. Both buyers agent and sellers agent are credited for the full sales price amount.

6. If the Realtor represents both seller and buyer,

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   You may have noticed that home prices are increasingly rising in Hawaii. Sellers are receiving multiple offers and backup offers due to low inventory. This has resulted in above asking price offers. Lets talk about how real estate is expected to be affected in 2015. Or rather, how it will affect you as a homeowner and/or a buyer. 

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Photo: Hoakalei master planned community 

   The median home price (on this rock, Oahu) has steadily risen in the last 5 years, since the bubble burst. (which I might add, only affected home prices minimally in comparison to our mainland comrades) It is currently at $690K and economists believe that by 2020, the median home price on Oahu will be $1M. Some even believe that it could double by then. 

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Kuapapa at Hoakalei is comprised of 4 collections (price ranges)  that all have customizable floor plans in variable price ranges.

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Loulu-  the Loulu collection of charming seaside-style cottages have 4 plans that start in the $600's. Residence 25.10, 25.20, 25.30 and 25.40 range from 1628-1864 sq ft. They  include three or four bedrooms, and an available main floor master suite.

 

 

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Naio- The Naio collection is in the same vein as the Loulu collection, with a bit more space and more refined interior finishes. There are 4 plans that start in the mid $700's. Residences 45.10, 45.20, 45.30 and 45.40 range from 1,997 to 2,381 and have four to five bedrooms and up to three full baths.

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Koa Lifestyle series- The Koa

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Check out our new Ocean Pointe listing in Ewa Beach! This immaculate 5 bed, 3 bath shows like a model home and has over 2700 sf interior living space. Upgrades include plantation-style shutters and built-in desks and closets. 

Built in 2006, this Ocean Pointe home is located just a mile away from the brand new Laulani Village Shopping Center, where you'll find Safeway, Ross, Petco, Walgreen's, Panda Express, Starbucks and other great shops.

The kitchen has a wide open feel with stainless steel appliances. The master bedroom is spacious and features two walk-in closets. 

The house is not located on a busy, main road (like some homes in Ewa Beach), so no need to worry about heavy traffic passing by your home. It takes less than a minute to get from

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Check out my new listing in Ocean Pointe for $690,000.  This beautiful 2446 sqft house has 5 bedrooms, 3 bathrooms, and a detached studio with wetbar. It has a great corner lot!

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Great room with new stainless appliances !

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Large living room lead to even bigger back yard

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Large open lanai

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Some clients of mine recently closed on a house in Ocean pointe for $680,000.  The VA loan at 4.25% with zero closing costs out of pocket has a monthly payment of $3443.50.  Add in the insurance and taxes, and their total payment is $3790.60. ocean pointe house

The house they bought is 4 years old, 2900 sqft, with 4 bedrooms, 3 baths.  That model house, similar ot this one shown, is currently for rent  on Craigslist for $3800.

They are already $10/month under the cost of renting, but then subtract the 35% Federal tax deduction they get on their mortgage, and they are several hundred dollars under the cost of rent. 

Why waste your BAH on rent when you can buy this great house for less per month? 

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