Though the Ewa Plain real estate district built its reputation on the foundation of being affordable, developers have now broadened their focus so you can find properties today at every level of the condo market.
If you begin in its western side of Ko Olina, you'll find where high-end townhomes and condo communities have truly begun to flourish. The oceanfront properties of Kai Lani, the Old Hawaii style townhomes of Coconut Plantation or the condo towers of the Beach Villas at Ko Olina are a few examples of the resort lifestyle you can live here, every day of the year.
The isolation far from the concrete sprawl of Honolulu brings a solitude and peacefulness that is getting harder and harder to find on Oahu. It's a luxury oasis, where golf carts are sometimes more common on the roads than cars.
Going east into Kapolei takes you into a clearly more built-up landscape, with numerous shopping centers and big box stores. Though a work-in-progress, there's no question this is an urban center coming to life.
That doesn't mean high-rise living, though. Kapolei condos have consistently kept to a 5 floor limit almost across the board. The open spaces of this part of Oahu are important to both residents and planners, so that probably won't change too much. There are many townhome communities spread throughout the town as well, another reflection of the desire to keep the horizon uncluttered.
Almost all of these residences have been built within the last 2 decades, many just in the past few years. That, combined with its role as the center of shopping and activity for West Oahu, makes it a very attractive place to be.
Just south is Ewa Beach, which, like Kapolei, has seen huge growth. Condo properties here are also in the low-rise category, most sharing the same recent vintage. Ewa Beach is an older, more established neighborhood than Kapolei, with some residents who've have roots in it since the plantation era.
Generally, Ewa Beach townhomes and condos are a little more affordable than Kapolei, though you'll find variations in both, including some built around golf courses, that fulfill the upper side of the market.
The Ewa / Kapolei townhomes remains more affordable than Honolulu, on average. Today, that isn't the only selling point, as development has grown to cater to every variety of buyer, from the young, 1st home shopper to the retiree ready to finally fill their days with some of the finer things.
The price range of condos for sale in Ewa / Kapolei is $169K to $1.65M with a median price of $525K and median interior of 1,144sf.
The median price of condos sold in Ewa / Kapolei year-to-date (Jan - Feb 22, 2017) is $427K. In previous years it was $442K (2016), $405K (2015), $380K (2014), $322K (2013), $303K (2012), $302K (2011), $300K (2010), $267K (2009), $300K (2008), $290K (2007), $301K (2006), $257K (2005), $189K (2004), $155K (2003).
45 condos have sold in Ewa / Kapolei year-to-date (Jan - Feb 22, 2017). In previous years, the total number of condos sold were 521 (2016), 423 (2015), 404 (2014), 349 (2013), 284 (2012), 266 (2011), 280 (2010), 216 (2009), 220 (2008), 347 (2007), 490 (2006), 554 (2005), 531 (2004), 390 (2003).
On average Ewa / Kapolei condos were on the market for 37 days before they were sold (Jan - Feb 22, 2017). In previous years it was 67 days (2016), 71 days (2015), 82 days (2014), 73 days (2013), 51 days (2012), 64 days (2011), 69 days (2010), 86 days (2009), 76 days (2008), 68 days (2007), 58 days (2006), 26 days (2005), 30 days (2004), 47 days (2003).
The average days on market for Ewa / Kapolei condos before sold was 42 days January 2017 compared to 90 days January 2016.
The ratio of Ewa / Kapolei condos sales price vs list price was 100.0% January 2017 compared to 98.6% January 2016.
27 Ewa / Kapolei condos were sold January 2017 compared to 31 condos sold January 2016.
The total dollar volume of condos currently for sale in Ewa / Kapolei is $52.38M and the sold dollar volume year-to-date (Jan - Feb 22, 2017) is $20.26M. In previous years sold dollar volume was $230.72M (2016), $171.47M (2015), $163.78M (2014), $122.92M (2013), $90.44M (2012), $85.62M (2011), $90.25M (2010), $65.48M (2009), $75.02M (2008), $119.78M (2007), $172.59M (2006), $168.81M (2005), $120.38M (2004), $68.11M (2003).
The most recent sale in Ewa / Kapolei was a condo located at #0-PH1406 , sold for $1.29M on Feb 21, 2017. It had 1265sf of interior. 9 other recent sales include: #20C (1,244sf) sold for $843K on 2/21/2017. #KK1 (1,052sf) sold for $223K on 2/21/2017. #3H3 (920sf) sold for $365K on 2/17/2017. #6E (744sf) sold for $332K on 2/17/2017. #5J (811sf) sold for $310K on 2/17/2017. #6E (811sf) sold for $320K on 2/17/2017. #19D (1,320sf) sold for $865K on 2/15/2017. #38R (717sf) sold for $277K on 2/14/2017. #3C (682sf) sold for $320K on 2/13/2017.
In Ewa / Kapolei there is currently 86 fee simple units for sale. 14 of the condos have ocean views and 20 have mountain views.
There are 3 x 1 bedroom floor plans, 31 x 2 bedroom floor plans, 51 x 3 bedroom floor plans and 1 x 4 bedroom floor plan.