Makaha Valley Towers are a large condo with approximately 592 individual residences. The property is also known for being affordable, compared to other parts of Oahu.
Buyers have been scooping up the available listings lately! Often times there are 10-20 condos for sale at Makaha Valley Towers.
As of August 23, 2022 there are two one-bedroom condos for sale and a combined unit - two one-bedrooms joined together. Combined units are great in terms of living area. They also have combined maintenance fees ($1,780 per month for this listing) and financing might not be available - cash buyers only.
Here's a chart showing the three available listings and two listings most recently sold.
The recently sold listings are a studio on a high floor for $190,000 and another combined unit, a three bedroom two bath which was originally a two bedroom and a one bedroom, which sold for $465,000. The buyers of the combined unit paid in cash and its maintenance fee is $1,664 per month.
For Makaha Valley Towers condo owners it's a good time to assess when and how much you paid for your condo and to decide if you should sell.
For buyers - is it a good time to buy when prices are this high? On one hand, you might want to wait it out - when and if prices decline. Price levels at Makaha Valley Towers are not setting records yet - the prices have gone higher in the past. If you want to buy a Hawaii condo now, Makaha Valley Towers are tough to beat. Take a look around the island and you will see that ocean-view condos with parking in nice buildings are generally selling for prices that are much higher. The median condo sale price on Oahu as of July, 2022 was $500,000.
Visit our Makaha Valley Towers webpage for more information.
Mike Bates (Realtor Associate)
Century 21 iProperties Hawaii
1585 Kapiolani Blvd #1533
Honolulu, HI 96814