The following Ewa Beach real estate statistics cover the Sonoma, Prescott I and Prescott II subdivisions.

These statistics are for the the 6 month period ending on November 24, 2011.

Prescott I and II:

Active Listings:  4 (1 short sale)

Pending Sales:  5 (all 5 are either short sales or foreclosures)

Actual Sales:  11 (6 of these were short sales or foreclosures)

Average List Price:  $520,618

Average Sold Price:  $513,636

Average Price Per SF:  $280.52

Average Days on Market: 51

Sonoma:

Active Listings: 0 

Pending Sales: 1 (short sale) 

Actual Sales: 3 (all 3 were short sales or foreclosures) 

Average List Price: $506,996 

Average Sold Price: $498,000 

Average Days on Market::  36 

Average Price Per SF:  $246.78

For more information on Ewa Beach Homes For Sale and Hawaii Short Sales in the Ewa by Gentry, Ocean Pointe, Ka Makana at Hoakalei communities, contact the Ewa Beach Real Estate Specialists located in Ewa Beach, Hawaii.  Hawaii Military Realty, Inc.  Phone (808) 218-9338.

The new Walmart located in Kapolei, Hawaii on the island of Oahu continues to be constructed pretty quickly.  As of Sep 5, 2011, the roof is about 50% completed. 

It is located in the city of Kapolei at the intersection of Kamokila Blvd and Ft. Barrett Road just south of the H-1 Highway.  Across the street from the Walmartis a Chilis restaurant and a variety of other stores.  Kapolei continues to grow and is no doubt becoming the “Second City” of Oahu as promised in years past.

With the newDisney Aulani Resort opening last week in Koolina, this Walmart will be much needed to service the workers atDisney Aulani as well as the guests of the hotel/timeshare.

For more information on Oahu Real Estate, Short Sales, Oahu Vacation Homes, Ocean View Estates or VA Loans in Hawaii, contact David Kucic of Hawaii Military Realty, Inc.

Short sales on Oahu, Hawaii continue to be very prevalent on the island.  Each day as I read the “hot sheets” that show the newest properties that have come on the market, I notice that there are always more short sales available.  The area of the island doesn’t matter.  Each area is affected by short sales but the higher numbers of short sales are located in Mililani, Ewa Beach, Kapolei, Makakilo, Waianae and Waikele. 

Even though there are a lot of short sales in Hawaii, there are also a lot of buyers looking for properties. 

Here is what you need to do if you want to be successful at getting a Hawaii short sale offer accepted:

1.  You need to have your agent set you up on an auto notification system that will send you an email each time a new property comes on the market that meets your search parameters.

2.  You must go to see the property immediately.  If you wait, it will be gone.

3.  Make sure your agent submits all of the appropriate documents with the short sale packet which will include a loan preapproval letter from your lender. 

4.  Insure you are working with an agent that is familiar with the procedures involved in short sales.

5.  DONT THINK YOU CAN LOW BALL AN OFFER JUST BECAUSE IT IS A SHORT SALE.  YOU WILL LOSE OUT TO SOMEONE WHO IS WILLING TO PAY FAIR MARKET VALUE!

Almost all of the short sales in Hawaii will accept a VA loan from a veteran Buyer.  Need more info on VA loans in Hawaii?  Call or email me anytime.

Happy house hunting and good luck!

The two major devlopments in Ewa Beach are Ewa by Gentry and Ocean Pointe.  Over the past 6-8 months there has been a considerable amount of acitivity with the sales of homes in these two developments.  Many of the homes are Hawaii Short Sales. 

Listed below are the statistics for Ewa by Gentry and Ocean Pointe that cover the last 6-8 months.

Ocean Pointe Homes by Haseko Developers/Homebuilders

21  Active Listings (16 of these are Short Sales)

25   Pending Sales

53   Sales (numbers below are reflective ONLY of these 53 sales)

Average Listing Price $494,370

Average Sales Price $488,649

Average Days on Market 62

Average Price Per Interior Square Foot $279.39

Ewa by Gentry Homes by Gentry Developers/Homebuilders

 59   Active Listings (29 of these are Short Sales and 8 are developers new home listings)

 43   Pending Sales

 96   Sales (numbers below are reflective ONLY of these 96 sales)

Average Listing Price $432,181

Average Sales Price $429,180

Average Days on Market 65

Average Price Per Interior Square Foot $273.02