Is Ewa Beach, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2022
At the same time last year, Ewa Beach was a Seller's Market.
Key Takeaway
Ewa Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices
How much do homes in Ewa Beach, HI cost?
Median Sold Price
$816,250
$620/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2022
Key Takeaway
Homes in Ewa Beach have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Ewa Beach was $816,250 in October 2023, down 1.6% from last year, and the median price per square foot was $620.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2022 | Oct 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $387.5K | $407.5K | +5.2% |
| 2 Bedrooms | $525K | $550K | +4.8% |
| 3 Bedrooms | $811K | $805K | -0.7% |
| 4 Bedrooms | $1.0M | $1.0M | -0.3% |
| 5+ Bedrooms | $1.0M | $1.1M | +15.5% |
Summary: Ewa Beach housing prices by bedroom type for October 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 15.5%.
Housing Supply
How many homes are available in Ewa Beach, HI?
Number of Homes For Sale
| Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|
| 242 | 247 | +2.1% |
Summary: The Ewa Beach real estate market had 247 homes for sale in October 2023, a 2.1% increase compared to September 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 40 | 44 | +10.0% |
| 3 Bedrooms | 107 | 107 | 0.0% |
| 4 Bedrooms | 75 | 74 | -1.3% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Ewa Beach housing inventory by bedroom type for October 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|
| 63 | 37 | -41.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ewa Beach, you may be able to get a good deal. 37.8% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Ewa Beach in October 2023, down by 41.3% month-over-month. Of the 37 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
