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 $85K to $469K with a median price of $156K and median interior of 680sf.
The median price of condos sold in Waianae / Makaha year-to-date (Jan 22, 2017) is $258K. In previous years it was $135K (2016), $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).
8 condos have sold in Waianae / Makaha year-to-date (Jan 22, 2017). In previous years, the total number of condos sold were 177 (2016), 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 96 days before they were sold (Jan 22, 2017). In previous years it was 82 days (2016), 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 66 days December 2016 compared to 106 days December 2015.
The ratio of Waianae / Makaha condos sales price vs list price was 98.5% December 2016 compared to 96.2% December 2015.
22 Waianae / Makaha condos were sold December 2016 compared to 11 condos sold December 2015.
The total dollar volume of condos currently for sale in Waianae / Makaha is $9.87M and the sold dollar volume year-to-date (Jan 22, 2017) is $1.85M. In previous years sold dollar volume was $27.47M (2016), $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 #44 , sold for $355K on Jan 20, 2017. It had 1270sf of interior. 9 other recent sales include: #920 (515sf) sold for $98K on 1/18/2017. #415 (290sf) sold for $85K on 1/12/2017. #15/64B (815sf) sold for $160K on 1/11/2017. #105 (632sf) sold for $307K on 1/11/2017. #203 (632sf) sold for $315K on 1/6/2017. #509 (323sf) sold for $210K on 1/5/2017. #B515 (456sf) sold for $325K on 1/3/2017. #5 (1,332sf) sold for $169K on 12/30/2016. #31B (815sf) sold for $146K on 12/30/2016.
In Waianae / Makaha there is currently 50 fee simple and 4 leasehold units for sale. 40 of the condos have ocean views and 36 have mountain views.
There are 8 studio floor plans, 28 x 1 bedroom floor plans, 13 x 2 bedroom floor plans, 3 x 3 bedroom floor plans and 2 x 4 bedroom floor plans.