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January 2008 Real Estate Sales Activity for Las Brisas in Ewa Gentry

Las Brisas is a development within the planned community of Ewa Gentry in Ewa Beach, Hawaii (makes up part of tax map key 191).

Single Family homes: Sales activity in Las Brisas has continued to be much softer in both sales volume and price than the previous 12 month cycle. There is a lot of new home construction in the area competing with the resale market, along with a large amount of resale inventory in the neighboring communities. Buyers will be finding good deals in Las Brisas while taking advantage of low interest rates.

Currently Active for Sale (February 1, 2008):

9 Single Family Homes

Currently in Escrow (February 1, 2008):

0 Single Family Homes

For the Month of January - Sold Resale Homes

Single Family Homes
	Number of Sales			Average Sales Price
Area	2008	2007	% Change	2008	2007	% Change
Las Brisas	0	2	---	---	$444,500	---

12 Months - Sold Resale Homes

Single Family Homes
	Number of Sales			Average Sales Price
Area	Ending January 2008	Ending January 2007	% Change	Ending January 2008	Ending January 2007	% Change
Las Brisas	12	31	-61.29%	$430,333	$450,516	-4.48%

*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 - Hawaii REALTOR® on 02/01/2008 09:50 PM

Comments (11)

ewa gentry las brisas, market report, resale homes

Originally posted at: Hawaii Randy's Real Estate Opinions: January 2008 Real Estate Sales Activity for Las Brisas in Ewa Gentry

This post has been included in Hawaii Information Honolulu County, HI Information Ewa Beach, HI Information

11 Comments on January 2008 Real Estate Sales Activity for Las Brisas in Ewa Gentry

FEB

2008

Randy, Interesting stats relating to Las Brisas. I haven't been there for awhile. Time to get out there again. Jerry

Jerry - I sold one fo the very first resales in Las Brisas and am amazed by how the developer has hurt the resales in there recently.

I will have to say that I was kind of surprised at the January change, but thought it might be seasonal. But January to January should discount that. I guess your note confirms that there are other factors operating in Las Brisas. Jerry

Jerry - I see similar numbers in the next subdivision of Montecito/ Tuscany.

FEB

2008

Randy, Obviously I need to get more up to date about the Ewa market. Can't say we have been doing much out there of late, although we have done a lot out there in the past. Keep the figures coming. Incidentally, I was surprised how quickly they got the stat report out this month. They are getting really timely with it. Jerry

Jerry - Who is they? I ran that report. I run the reports for several areas each month.

Randy, I was thinking of the HBR Stat Report. Sorry for not being more specific. Jerry

Jerry - I do not think it is out yet. I have easier to pull each community on my own.

Randy, I opened it on the first of February and saved a copy to my hard drive for easy forwarding. That's why I was impressed. Didn't expect it that early. But I still like the input you are putting on your post. Keep it up. Jerry

Jerry - I didn't even check for it yet. I will pull it down.

Randy, You're the man! Jerry

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