The Ocean Pointe homes in Ewa Beach are part of the planned community era that fully took flight on Oahu starting in the 1980's. The Haseko group purchased these lands on the shoreline in 1988, but the first houses weren't ready for occupants until 1998, ten years later.
That was just the start of construction, with the last Ocean Pointe homes completed in 2009. The high point of this real estate, so far, was 2005/2006 when Hawaii properties rocketed to new price heights. Many who bought at that time later found themselves underwater after the nationwide crash a few years later.
Ocean Pointe residences have begun to recover and continue to do so, though they haven't yet got back to the levels of those feverish years. Both the short sales and normal entries on the market have short lives on the market now, and for good reason.
These are larger houses for Oahu, primarily consisting of 3BRs and 2 bathrooms in both one and two story layouts. You're also guaranteed 3 impressive features with your residence:
1. A Fenced Yard 2. Central A/C 3. A 2 Car Garage
One of these can be difficult to find on Oahu, but buy here and you get all of them. It's no wonder listings doesn't last long.
Another reason for the continued demand is the surrounding scenery. The ocean laps up to the shore just a few blocks, or less, from your living room, no matter where you are in the neighborhood. A stroll to the waves is easily in your reach every day.
Some of the houses also live on the fairway of the Hoakalei Country Club on the west side of the community. Those vivid green stretches are popular backdrops even for non-golfers.
Oahu's Ocean Pointe Homes are a vibrant part of the ever-growing Ewa Plain district that has come into its own. Now's the time to get your own here, too.
The price range of houses for sale in Ocean Pointe is $658K to $899K with a median price of $721K, median interior of 1,614sf and median land size of 4,350sf.
The median price of houses sold in Ocean Pointe year-to-date (Jan 21, 2018) is $736K. In previous years it was $699K (2017), $690K (2016), $640K (2015), $610K (2014), $560K (2013), $495K (2012), $495K (2011), $455K (2010), $461K (2009), $520K (2008), $540K (2007).
4 houses have sold in Ocean Pointe year-to-date (Jan 21, 2018). In previous years, the total number of houses sold were 136 (2017), 132 (2016), 113 (2015), 119 (2014), 124 (2013), 87 (2012), 79 (2011), 89 (2010), 100 (2009), 65 (2008), 93 (2007).
On average Ocean Pointe houses were on the market for 11 days before they were sold (Jan 21, 2018). In previous years it was 33 days (2017), 68 days (2016), 69 days (2015), 82 days (2014), 63 days (2013), 54 days (2012), 49 days (2011), 61 days (2010), 60 days (2009), 90 days (2008), 74 days (2007).
The average days on market for Ocean Pointe houses before sold were 30 days December 2017 compared to 72 days December 2016.
The ratio of Ocean Pointe houses sales price vs list price were 100.3% December 2017 compared to 100.0% December 2016.
8 Ocean Pointe houses were sold December 2017 compared to 6 houses sold December 2016.
The total dollar volume of houses currently for sale in Ocean Pointe is $13.9M and the sold dollar volume year-to-date (Jan 21, 2018) is $2.96M. In previous years sold dollar volume was $97.64M (2017), $90.8M (2016), $73.52M (2015), $73.1M (2014), $71.62M (2013), $44.73M (2012), $40.05M (2011), $42.91M (2010), $48.94M (2009), $34.9M (2008), $53.33M (2007).
The most recent sale in Ocean Pointe was a house located at 91-1109 Kaiko Street, sold for $780K on Jan 19, 2018. It had 2042sf of interior. 9 other recent sales include: 91-1004 Kaiheenalu Street (1,442sf) sold for $655K on 1/18/2018. 91-1032 Kaihoi Street (1,275sf) sold for $693K on 1/11/2018. 91-1021 Kaiee Street (2,196sf) sold for $840K on 1/2/2018. 91-1021 Kaihoi Street (2,196sf) sold for $811K on 12/21/2017. 91-1100 Kai Weke Street (1,999sf) sold for $792K on 12/18/2017. 91-1045 Kai Weke Street (1,846sf) sold for $800K on 12/15/2017. 91-962 Kaiohee Street (2,109sf) sold for $810K on 12/6/2017. 91-1023 Kailoa Street (1,442sf) sold for $700K on 12/6/2017. 91-1041 Kaihi Street (1,449sf) sold for $661K on 12/6/2017.