Driving through Ewa Villages is almost like entering a living historical survey of Ewa real estate. It's where you'll find the Plantation past sitting next to the West side's development future, all contained in a little over 1 square mile.
It all starts with some of the most amazing vintage homes on the Island – these aren't just 'old houses'.
Old Hawaii Still Lives in Ewa Villages The signs proclaiming a home to be a State Historic Residence are a common sight here. Stop to read the signs and you'll find dates from the 1920's up into the early 40's, placing them in the prime early 20th Century era when sugar was essentially the entire local economy.
We linger on these homes because they're consistently a significant slice of the real estate sales inventory in Ewa Villages. So, what are these classic homes like?
Generally, these charming houses span 900 to 1,200 sq ft inside, all on one floor. They also tend to have larger lot sizes, some topping 7,800 sq ft! The style is mainly pure Plantation, with roofs that, from the outside, seem to be ½ the house.
Following the 1940's homes were added over time, but the next real building surge in Ewa Villages waited until the late 1980's with the closing of the plantations, extending into the early years of this century.
It wasn't only houses, either. The Ewa Villages Golf Course was added in 1996 and the accompanying communities along its fairways not long afterward. One example is Lokahi Greens, established in 1999.
The Lokahi homes are characterized not only by views of the links, but also a larger interior footprint than their vintage neighbors, both horizontally and vertically. 2 stories are common in these houses and dimensions go up to 1,400 + sq ft and as much as 4 bedrooms.
What's interesting is that many homes constructed elsewhere in Ewa Villages at this time were built in the traditional plantation style. For those who love the look, but not the upkeep that can come with older structures, Ewa Villages still might be the right choice.
What's Next for Ewa Villages Real Estate The future of Ewa Villages? It's already started. Today, though, this community is getting ready to welcome a new project, based again around the golf course.
Castle & Cooke have begun work on Ho'onani at Ewa Villages, which will initially add 62 homes to the landscape. 7 different floor plans, including duplexes, of 3 to 5 bedrooms are available, with spaces as large as 2,136 sq ft. With Central A/C, walk-in closets and covered lanais, they may use some of the plantation elements in their design, but the intention is a more modern lifestyle.
Ewa Villages real estate is a fascinating study of how Oahu lived from yesterday to today. It's a place where you can dive deeply into a little of old Hawaii, either by actually living in a home from those treasured times or just as an admiring neighbor. Your choice.
The price range of houses for sale in Ewa Villages is $425K to $2.7M with a median price of $537K, median interior of 1,248sf and median land size of 6,965sf.
The median price of houses sold in Ewa Villages year-to-date (Jan - Feb 22, 2017) is $559K. In previous years it was $545K (2016), $548K (2015), $490K (2014), $446K (2013), $414K (2012), $385K (2011), $372K (2010), $384K (2009), $410K (2008), $470K (2007), $445K (2006), $390K (2005).
4 houses have sold in Ewa Villages year-to-date (Jan - Feb 22, 2017). In previous years, the total number of houses sold were 29 (2016), 25 (2015), 36 (2014), 14 (2013), 27 (2012), 20 (2011), 16 (2010), 20 (2009), 17 (2008), 17 (2007), 31 (2006), 27 (2005).
On average Ewa Villages houses were on the market for 32 days before they were sold (Jan - Feb 22, 2017). In previous years it was 69 days (2016), 55 days (2015), 79 days (2014), 85 days (2013), 39 days (2012), 69 days (2011), 68 days (2010), 88 days (2009), 106 days (2008), 69 days (2007), 60 days (2006), 27 days (2005).
The average days on market for Ewa Villages houses before sold were 35 days January 2017 compared to 81 days January 2016.
The ratio of Ewa Villages houses sales price vs list price were 100.0% January 2017 compared to 99.3% January 2016.
1 Ewa Villages house was sold January 2017 compared to 2 houses sold January 2016.
The total dollar volume of houses currently for sale in Ewa Villages is $5.37M and the sold dollar volume year-to-date (Jan - Feb 22, 2017) is $2.14M. In previous years sold dollar volume was $16.03M (2016), $13.91M (2015), $18.29M (2014), $6.02M (2013), $10.76M (2012), $7.7M (2011), $5.91M (2010), $7.68M (2009), $7.05M (2008), $7.99M (2007), $13.99M (2006), $10.87M (2005).
The most recent sale in Ewa Villages was a house located at 91-1507 Miula Street, sold for $550K on Feb 17, 2017. It had 1070sf of interior. 9 other recent sales include: 91-2058 Fort Weaver Road (1,524sf) sold for $380K on 2/9/2017. 91-1751 Punako Street (1,228sf) sold for $642K on 2/3/2017. 91-1865 Park Row (1,248sf) sold for $569K on 1/27/2017. 91-1793 Punako Street (1,908sf) sold for $734K on 12/30/2016. 91-1263 Hoopio Street (1,052sf) sold for $510K on 12/30/2016. 91-1081 Lehu Street (1,080sf) sold for $540K on 12/7/2016. 91-1668 Elemakule Place (919sf) sold for $455K on 11/16/2016. 91-1536 Pihi Street (1,490sf) sold for $565K on 11/9/2016. 91-1699 Bond Street (1,024sf) sold for $526K on 10/28/2016.