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 $10K to $464K with a median price of $165K and median interior of 680sf.
The median price of condos sold in Waianae / Makaha year-to-date (Jan - Jun 29, 2017) is $155K. 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).
85 condos have sold in Waianae / Makaha year-to-date (Jan - Jun 29, 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 60 days before they were sold (Jan - Jun 29, 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 45 days May 2017 compared to 81 days May 2016.
The ratio of Waianae / Makaha condos sales price vs list price was 98.3% May 2017 compared to 97.2% May 2016.
13 Waianae / Makaha condos were sold May 2017 compared to 22 condos sold May 2016.
The total dollar volume of condos currently for sale in Waianae / Makaha is $14.07M and the sold dollar volume year-to-date (Jan - Jun 29, 2017) is $15.13M. 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 #144C , sold for $185K on Jun 23, 2017. It had 933sf of interior. 9 other recent sales include: #1101 (840sf) sold for $506K on 6/22/2017. #720 (515sf) sold for $115K on 6/21/2017. #112 (323sf) sold for $185K on 6/21/2017. #174B (815sf) sold for $179K on 6/21/2017. #1731 (680sf) sold for $164K on 6/21/2017. #B206 (412sf) sold for $124K on 6/21/2017. #C446 (361sf) sold for $75K on 6/20/2017. #200-A (815sf) sold for $207K on 6/19/2017. #D-5 (1,100sf) sold for $172K on 6/16/2017.
In Waianae / Makaha there is currently 78 fee simple and 3 leasehold units for sale. 54 of the condos have ocean views and 49 have mountain views.
There are 16 studio floor plans, 34 x 1 bedroom floor plans, 25 x 2 bedroom floor plans, 3 x 3 bedroom floor plans and 3 x 4 bedroom floor plans.