Ocean Pointe Real Estate Sales Activity for January 2008

Ocean Pointe a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191). The following report reflects resale's of homes that were reported through the MLS system.  New homes sales are not part of this report.

Single Family homes: Average sales prices of single family homes in Ocean Pointe have shown slippage over the previous 12 month period.  Sales volume has seen a large drop during the same time frame.  There is a lot of new home construction in the area which has had an impact on the resales.

Condo and townhouse sales are another story.  Sales volume has shown drop a large drop during the last 12 months over the previous 12 month period.  Average sales prices have seen slippage during the same time frame.

• Active for Sale (as of 2/2/08):
• 51 Single Family Homes
• 42 Condos/ Townhouses

• Currently in Escrow (as of 2/2/08):
•   8 Single Family Homes
•   5 Condos/ Townhouses

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.

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