The Waikele and Waipahu communities may be cheek to cheek, but they're very different environments. It is easy to tell when they experienced their build-up just by driving the streets of these 2 neighborhoods.
Waipahu is very much a product of the development explosion during the 1960's & 70's, as the population surged and urbanization spread out from Honolulu to satisfy the need for new, and affordable, housing.
Waipahu condos are almost all from those 2 decades, yet not in the elevated build-up you'd expect. Most are walk-ups of 2 to 4 stories, intended to be basic residences, rather than amenity-filled towers.
Another common factor is that the majority are located on or within a few blocks of Farrington Highway. Intentionally or not, it benefitted commuters to be right on this main artery, and still does.
The very few exceptions to this template sit in the section north of H-1. In that sector are a small number of townhome communities like Kulana Knolls and Parkview Village, all built in the last 2 decades of the 20th Century. With their friendly, wooden facades and more natural surroundings, they could almost be part of our next stop.
Waikele lies to the northeast, separated from Waipahu by H-1 on its south and Kipapa Gulch on the west. A look at Google Maps shows the contrast between them immediately. Waikele's homes are surrounded by green parks and fairways everywhere within the town. Waikeles is the planned, suburban 1990's counterpart to the urban Waipahu.
Waikele condos are townhomes or units in communities of multiple 2 story building. Intimate neighborhoods within the neighborhood. The Ho'okumu at Waikele, for example, has 14 separate buildings, all 2 story, with 136 units, right next to the shopper's heaven of the Waikele Outlets. Or there's the Village on the Green, whose homes surround a fairway on Waikele Golf Course. 23 buildings, the same 2 stories and 285 condos in them.
It's amazing that such distinct properties can be so close to each other. Each satisfies different needs, different budgets and different desires. Chances are, just from reading this, you already know which is right for you.
The price range of condos for sale in Waikele / Waipahu is $140K to $589K with a median price of $348K and median interior of 750sf.
The median price of condos sold in Waikele / Waipahu year-to-date (2016) is $330K. In previous years it was $313K (2015), $294K (2014), $275K (2013), $257K (2012), $253K (2011), $265K (2010), $275K (2009), $280K (2008), $299K (2007), $298K (2006), $260K (2005), $200K (2004), $167K (2003).
208 condos have sold in Waikele / Waipahu year-to-date (2016). In previous years, the total number of condos sold were 216 (2015), 215 (2014), 242 (2013), 170 (2012), 170 (2011), 175 (2010), 171 (2009), 202 (2008), 306 (2007), 393 (2006), 432 (2005), 523 (2004), 462 (2003).
On average Waikele / Waipahu condos were on the market for 65 days before they were sold (2016). In previous years it was 79 days (2015), 80 days (2014), 63 days (2013), 54 days (2012), 66 days (2011), 59 days (2010), 66 days (2009), 54 days (2008), 51 days (2007), 47 days (2006), 24 days (2005), 36 days (2004), 47 days (2003).
The average days on market for Waikele / Waipahu condos before sold was 65 days November 2016 compared to 74 days November 2015.
The ratio of Waikele / Waipahu condos sales price vs list price was 99.1% November 2016 compared to 97.9% November 2015.
15 Waikele / Waipahu condos were sold November 2016 compared to 15 condos sold November 2015.
The total dollar volume of condos currently for sale in Waikele / Waipahu is $14.08M and the sold dollar volume year-to-date (2016) is $69.75M. In previous years sold dollar volume was $68.97M (2015), $62.53M (2014), $67.27M (2013), $45.3M (2012), $45.01M (2011), $46.86M (2010), $46.88M (2009), $56.8M (2008), $92.44M (2007), $112.1M (2006), $110.9M (2005), $107.01M (2004), $75.44M (2003).
The most recent sale in Waikele / Waipahu was a condo located at # Parkglen at Waikele, sold for $385K on Dec 01, 2016. It had 796sf of interior. 9 other recent sales include: #D201 Mahi Ko At Waikele (830sf) sold for $380K on 12/1/2016. #B5 Pulua (717sf) sold for $331K on 11/30/2016. #K105 Greens At Waikele (1,387sf) sold for $560K on 11/30/2016. #C101 Highlands At Waikele (872sf) sold for $450K on 11/30/2016. #A214 Leolua Regent (680sf) sold for $241K on 11/29/2016. #A303 Leolua Gardens (702sf) sold for $210K on 11/28/2016. #BBB4 Village On The Green 2B (1,071sf) sold for $462K on 11/28/2016. #E102 Fairway Village-waikele (796sf) sold for $395K on 11/18/2016. #M5 Kuola 3 - Rainbow Series (750sf) sold for $309K on 11/17/2016.
In Waikele / Waipahu there is currently 40 fee simple and 1 leasehold units for sale. 1 of the condo has ocean views, 1 has Diamond Head views and 10 have mountain views.
There are 32 x 2 bedroom floor plans and 9 x 3 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2016. Information is deemed reliable but not guaranteed.