Ocean Pointe a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191).
Single Family homes: Average sales prices of single family homes in November saw a dip, leaving the year to date average sale price a little over 5% lower than the same period last year. Inventory level has grown a little in November bringing it up to slightly more than 4 months worth.
Condo and townhouse sales are another story. Sales volume has shown drop a large drop year to date from the 2006 levels. Average sales price has seen a slight decrease year to date from 2006.
Active for Sale (as of 12/15/07):
- 40 Single Family Homes
- 33 Condos/ Townhouses
Currently in Escrow (as of 12/15/07):
- 9 Single Family Homes
- 4 Condos/ Townhouses
For the Month of November 2007 |
| | | | | | | |
Single Family Homes |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Ocean Pointe | 8 | 13 | -38.46% | | $562,718 | $654,030 | -23.96% |
| | | | | | | |
Condominiums |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Ocean Pointe | 6 | 6 | -- | | $381,166 | $394,833 | -3.46% |
| | | | | | | |
Year to Date Through November 30, 2007 |
| | | | | | | |
Single Family Homes |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Ocean Pointe | 87 | 109 | -20.18% | | $578,878 | $609,968 | -5.10% |
| | | | | | | |
Condominiums |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Ocean Pointe | 58 | 90 | -35.56% | | $401,985 | $414,642 | -3.05% |
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
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Randy, Ocean Pointe is one fine community. The problem there is the congestion on the highways. I do not look for the "light rail" to have any impact on the traffic whatsoever. Come to think of it, I am not sure light rail will go anywhere anyway. Jerry