Waianae and Makaha are truly the last outposts on the Leeward Coast of Oahu. Past them there's nothing but wilderness. Due to that frontier reputation it's often forgotten that there are not only condos in both, but a few that will definitely surprise you.
The Waianae condos market is dominated by the Ulu Wehi community, which is a neighborhood to itself- 172 townhomes that have 347 units within them.
Closer to the ocean are the Pokai Bay Marina and Pokai Bay Beach Cabanas, both unadorned condominiums of 3 or 4 floors with smaller than average floor plans. Many owners utilize them as vacation rentals, which their location fits perfectly. The Cabanas are especially attractive as it sits right on the sands.
Waianae's simple structures with few floors are a stark contrast to what stands in Makaha. In recent years Makaha has raised its appeal to outsiders. The tropical seclusion of this storied place is magnetic to those seeking a retreat from an accelerating world.
Especially noteworthy are the Makaha Valley Towers, which sit against the cooler mountainside. It's a 16 floor structure holding 592 units – with pristine ocean views. It just might be the largest condo on the Leeward Side.
You can live directly on the beach, too. One condominium, the Hawaiian Princess, is just as tall as the Valley Towers, with your lanai hanging almost right over the sands. It's beach living to die for.
These 2 towns are tailor made for those wishing to truly get away from it all and experience another side of Oahu. The best news is that you can do all of that without giving up any modern comforts.
The price range of condos for sale in Waianae / Makaha is $65K to $469K with a median price of $150K and median interior of 666sf.
The median price of condos sold in Waianae / Makaha year-to-date (2016) is $135K. In previous years it was $134K (2015), $125K (2014), $116K (2013), $90K (2012), $89K (2011), $91K (2010), $119K (2009), $154K (2008), $176K (2007), $180K (2006), $144K (2005), $100K (2004), $66K (2003).
157 condos have sold in Waianae / Makaha year-to-date (2016). In previous years, the total number of condos sold were 142 (2015), 153 (2014), 132 (2013), 85 (2012), 98 (2011), 96 (2010), 79 (2009), 70 (2008), 114 (2007), 206 (2006), 339 (2005), 295 (2004), 197 (2003).
On average Waianae / Makaha condos were on the market for 84 days before they were sold (2016). In previous years it was 106 days (2015), 111 days (2014), 84 days (2013), 82 days (2012), 76 days (2011), 86 days (2010), 104 days (2009), 104 days (2008), 85 days (2007), 67 days (2006), 58 days (2005), 50 days (2004), 85 days (2003).
The average days on market for Waianae / Makaha condos before sold was 57 days November 2016 compared to 79 days November 2015.
The ratio of Waianae / Makaha condos sales price vs list price was 96.6% November 2016 compared to 97.3% November 2015.
14 Waianae / Makaha condos were sold November 2016 compared to 10 condos sold November 2015.
The total dollar volume of condos currently for sale in Waianae / Makaha is $12.16M and the sold dollar volume year-to-date (2016) is $24.67M. In previous years sold dollar volume was $23.48M (2015), $22.98M (2014), $18.5M (2013), $10.15M (2012), $9.54M (2011), $10.37M (2010), $10.05M (2009), $12.16M (2008), $22.73M (2007), $40.92M (2006), $51.73M (2005), $31.28M (2004), $15.53M (2003).
The most recent sale in Waianae / Makaha was a condo located at #1913 Makaha Valley Towers, sold for $170K on Nov 30, 2016. It had 684sf of interior. 9 other recent sales include: #D106 Kahe Kai 2 (666sf) sold for $107K on 11/30/2016. #201 Maili Cove (873sf) sold for $425K on 11/30/2016. #536 Makaha Valley Towers (680sf) sold for $136K on 11/29/2016. #5 Puu Heleakala (1,502sf) sold for $162K on 11/22/2016. #A323 Makaha Surfside (412sf) sold for $140K on 11/17/2016. #1312 Makaha Valley Towers (515sf) sold for $127K on 11/15/2016. #J305 Kahe Kai 1 (666sf) sold for $123K on 11/14/2016. #1 Puu Heleakala (1,302sf) sold for $186K on 11/9/2016. #1637 Makaha Valley Towers (515sf) sold for $137K on 11/7/2016.
In Waianae / Makaha there is currently 61 fee simple and 6 leasehold units for sale. 44 of the condos have ocean views and 39 have mountain views.
There are 13 studio floor plans, 29 x 1 bedroom floor plans, 16 x 2 bedroom floor plans, 4 x 3 bedroom floor plans and 5 x 4 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 03, 2016. Information is deemed reliable but not guaranteed.