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August 2007 Real Estate Sales Activity for Ocean Pointe

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 are down a little from 2006.  Sales volume is has seen a little bigger drop from 2006 levels.  Inventory has come down a little more from last month, but we are still looking at about 5 months worth.  Buyers will continue to find sellers that may be a little negotiable.

Condo and townhouse sales are another story.  Sales volume has shown drops over 2006 levels.  Average sales prices has a slight decrease year to date from 2006.

Currently (September 1, 2007) under the "Active for Sale Category" there are: 

  • 54 Single Family Homes
  • 39 Condos/ Townhouses

Currently in Escrow:

  •   7 Single Family Homes
  •   7 Condos/ Townhouses

For the Month of August 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Ocean Pointe

9

12

-25%

 

$552,222

$605,108

-8.74%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Ocean Pointe

10

15

-33.34%

 

$382,800

$407,293

-6.01%

 

 

 

 

 

 

 

 

Year to Date Through August 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Ocean Pointe

63

72

-12.5%

 

$587,103

$598,935

-2.98%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Ocean Pointe

42

68

-38.24%

 

$407,600

$418,630

-2.63%

*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/

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

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

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