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Ocean Pointe Real Estate Sales Activity for October 2007

By
Real Estate Agent with eXp Realty 2021016812

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/

Or at: http://www.localism.com/

 

 

Posted by

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comments(5)

Jerry Bangerter
RE/MAX Kai Lani - Honolulu, HI
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
Dec 16, 2007 11:03 AM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645
Jerry - You will still have to fight the traffic in and out of Ewa Beach to get to the rail.  Even if you take the bus it will be stuck in the same traffic.
Dec 17, 2007 03:54 PM
Jerry Bangerter
RE/MAX Kai Lani - Honolulu, HI
Randy,   I am absolutely amazed that people have not studied this issue further.   The rail will simply not have an impact on the traffic at all.   Let's face it, it won't save even five minutes to ride the train.   The stop after stop after stop will take over an hour to get from Leeward Oahu into downtown.  Might as well take the heavy traffice and at least get to where you are going without having to nab a taxi or a bus to get to the final destination.    I remember an old addage that "it's really hard to fight city hall."   Ahhhhh, hoot, it's Christmas!  Enuff of that!   Jerry
Dec 18, 2007 11:10 AM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645

Jerry - Mele Kalikimaka

Dec 18, 2007 02:16 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645

Jerry - Mele Kalikimaka

Dec 18, 2007 02:16 PM