Soda Creek 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 (resale): While sales volume and average sales prices have softened a bit in Lombard Way compared to 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 find good values in Lombard Way. Sellers may find they need aggressive marketing to move their homes quickly.
Currently Active for Sale (July 2, 2008):
Currently in Escrow (July 2, 2008):
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For the Month of July - Sold Resale Homes
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Single Family Homes
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Number of Sales
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Average Sales Price
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Area
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2008
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2007
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% Change
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2008
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2007
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% Change
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Soda Creek
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2
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1
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+100%
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$405,000
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$465,000
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-12.90%
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Year to Date Ending July 31st - Sold Resale Homes
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Single Family Homes
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Number of Sales
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Average Sales Price
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Area
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2008
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2007
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% Change
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2008
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2007
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% Change
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Soda Creek
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10
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13
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-23.08%
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$404,499
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$447,384
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-9.59%
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*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: www.HawaiiRandy.com
Or at: www.localism.com
Randy: I'm surprised that the numbers are as low as they are--not that they're bad, I just thought that you guys were still in the black!