Searching for North Shore condos for sale can be hard going. At certain times you may not even believe they exist, so few are ever up for sale. This is due to not only the strong resistance to development by residents, but two other factors:
Many owners are in the lucrative business of vacation rentals. They're not selling. The remaining owners love living here and wouldn't move for the world.
It's hard to argue with the people in #2. The North Shore is one of the last, and easily the largest, holdouts from the development that's changed Oahu. In a few short decades, the face of the Island changed forever. You can see why they've drawn a line up on the North Shore.
Along the Farrington & Kamehameha Highways you'll see a part of Hawaii that's fairly untouched. The famous skyscraping waves roll off of large, pristine beaches and the flora surrounding you is so green, you'd almost believe it was colored artificially.
You'll occasionally glimpse larger homes that have been converted to condos, but they're scattered around and few in nubmer. For a more traditional condo, you need to look in specific areas of the North Shore.
Surprisingly, one of your best bets is Mokuleia and neighboring Waialua, on the far west end of this coast. Here you'll find both ends of the market, the high embodied by places like the Mokuleia Beach Colony, which is a gated community of duplexes that sit right on the beach. It's a dream tropical home with manicured green lawns spotted with palm trees. Yet this same town has the Ono Vista condominium, a distinctly more affordable property that may not have any real frills, but sits in this same incredible corner of Oahu.
Head eastward and you're soon in Haleiwa, one of the largest North Shore towns. Here you'll find the Haleiwa Surf. It's another residence that won't win awards for amenities, but it does sit right on an incredible stretch of sand and swells with your lanai looking right out at it. It's Paradise's front row.
At almost the very top of the North Shore you'll come to the Turtle Bay Resort, which has the Kuilima and Ocean Villas communities on their grounds. These are luxury residences. Kuilima units are surrounded by golf courses, but still very near the beach. To get ON the beach, just buy one of the oceanfront Ocean Villas condos and the waves are all yours. Both properties enjoy all the hotel amenities, making your life a permanent vacation.
These aren't the only North Shore condos out there, but they're currently the most open of doors in a scarce marketplace. As hard as it is to get in, it'll be harder to ever leave. There's just something exceptional here that just won't let you go.
North Shore Condos - Trends & Statistics
The price range of condos for sale in North Shore is $220K to $2.12M with a median price of $492K and median interior of 751sf.
The median price of condos sold in North Shore year-to-date (Jan - May 25, 2017) is $409K. In previous years it was $430K (2016), $387K (2015), $333K (2014), $352K (2013), $300K (2012), $302K (2011), $222K (2010), $255K (2009), $344K (2008), $350K (2007), $345K (2006), $390K (2005), $290K (2004), $165K (2003).
20 condos have sold in North Shore year-to-date (Jan - May 25, 2017). In previous years, the total number of condos sold were 46 (2016), 52 (2015), 48 (2014), 46 (2013), 32 (2012), 40 (2011), 28 (2010), 22 (2009), 32 (2008), 43 (2007), 67 (2006), 124 (2005), 79 (2004), 104 (2003).
On average North Shore condos were on the market for 57 days before they were sold (Jan - May 25, 2017). In previous years it was 107 days (2016), 107 days (2015), 106 days (2014), 89 days (2013), 89 days (2012), 71 days (2011), 113 days (2010), 92 days (2009), 115 days (2008), 80 days (2007), 79 days (2006), 155 days (2005), 26 days (2004), 77 days (2003).
The average days on market for North Shore condos before sold was 51 days April 2017 compared to 99 days April 2016.
The ratio of North Shore condos sales price vs list price was 98.5% April 2017 compared to 97.2% April 2016.
8 North Shore condos were sold April 2017 compared to 1 condo sold April 2016.
The total dollar volume of condos currently for sale in North Shore is $16.5M and the sold dollar volume year-to-date (Jan - May 25, 2017) is $8.17M. In previous years sold dollar volume was $20.24M (2016), $28.22M (2015), $21.59M (2014), $19.26M (2013), $11M (2012), $15.61M (2011), $7.67M (2010), $6.32M (2009), $14.44M (2008), $26.46M (2007), $34.3M (2006), $93.27M (2005), $21.95M (2004), $18.36M (2003).
The most recent sale in North Shore was a condo located at #69 , sold for $791K on May 19, 2017. It had 1394sf of interior. 9 other recent sales include: #2C (747sf) sold for $290K on 5/9/2017. #306 (519sf) sold for $255K on 5/4/2017. #157 (738sf) sold for $530K on 4/28/2017. # (658sf) sold for $460K on 4/24/2017. #201 (381sf) sold for $213K on 4/18/2017. #330 (800sf) sold for $419K on 4/13/2017. #175 (658sf) sold for $530K on 4/12/2017. #5B (792sf) sold for $470K on 4/12/2017. #44 (1,072sf) sold for $705K on 4/11/2017.
In North Shore there is currently 24 fee simple and 2 leasehold units for sale. 13 of the condos have ocean views and 12 have mountain views.
There are 2 studio floor plans, 11 x 1 bedroom floor plans, 11 x 2 bedroom floor plans and 2 x 3 bedroom floor plans.