The region of Waianae, which includes Makaha, Maili, Nanakuli, for most Oahu, has been considered the areas way out at the end of the Leeward Coast, with only a vague picture to define them. They were known mostly for their large Native Hawaiian populations and what some said were the best beaches around. The growth of West Oahu has brought those two areas into sharper focus today, revealing one of the Island's best kept secrets.
Waianae is up the coast beyond Ko Olina, its foundation built around the Hawaiian Homelands. Until the last decades of the 20th century there was little buildup, but the increasing housing demand and the chance to live near, or on, some of the most untouched beaches on Oahu finally prompted development, though not on the scale of other areas.
That has resulted in a place where you can live surrounded by agricultural lands and very few buildings that reach even 4 stories in height. This is small town Hawaii all the way. It's also produced a much more affordable property market. Waianae homes for sale with multiple bedrooms routinely go for between $300K and $400K. You can take it to the limit, too, though.
There are more than a few $1M+ houses with all the frills that sit on beautiful oceanfront lands. You don't have to worry about tour boats crossing your view out here. The only place further away from the tourist crowds is the very last town up the Leeward Coast, Makaha.
Makaha is still frontier Oahu in many ways, but it is also opening its doors now to a higher end home buyer. Back in the valley you'll find gated communities, most famously on Maunaolu St, that have mansion-sized houses on 1 acre lots. They take in views of not only 2 golf courses, but even the world-famous surf.
If your budget is lower there are places like the Makaha Oceanview Estates where homes can go for $400K to $500K, with 3 to 4 BRs included.
The opportunity to reside where you can see the stars at night and hear the life around you, instead of the roar of traffic, is too good to resist for many. Sometimes being 'Out There' just makes so much sense.
The price range of houses for sale in Waianae / Makaha is $115K to $3M with a median price of $499K, median interior of 1,335sf and median land size of 5,358sf.
The median price of houses sold in Waianae / Makaha year-to-date (Jan - May 23, 2017) is $437K. In previous years it was $442K (2016), $387K (2015), $374K (2014), $336K (2013), $295K (2012), $275K (2011), $280K (2010), $280K (2009), $357K (2008), $379K (2007), $358K (2006), $345K (2005), $229K (2004), $185K (2003).
122 houses have sold in Waianae / Makaha year-to-date (Jan - May 23, 2017). In previous years, the total number of houses sold were 290 (2016), 267 (2015), 232 (2014), 220 (2013), 184 (2012), 191 (2011), 169 (2010), 145 (2009), 144 (2008), 206 (2007), 252 (2006), 377 (2005), 343 (2004), 247 (2003).
On average Waianae / Makaha houses were on the market for 38 days before they were sold (Jan - May 23, 2017). In previous years it was 93 days (2016), 103 days (2015), 101 days (2014), 106 days (2013), 76 days (2012), 61 days (2011), 82 days (2010), 82 days (2009), 88 days (2008), 86 days (2007), 67 days (2006), 44 days (2005), 65 days (2004), 92 days (2003).
The average days on market for Waianae / Makaha houses before sold were 29 days April 2017 compared to 71 days April 2016.
The ratio of Waianae / Makaha houses sales price vs list price were 100.0% April 2017 compared to 99.2% April 2016.
31 Waianae / Makaha houses were sold April 2017 compared to 22 houses sold April 2016.
The total dollar volume of houses currently for sale in Waianae / Makaha is $73.91M and the sold dollar volume year-to-date (Jan - May 23, 2017) is $52.88M. In previous years sold dollar volume was $129.26M (2016), $109.85M (2015), $90.54M (2014), $77.9M (2013), $58.25M (2012), $56.49M (2011), $52.94M (2010), $43.32M (2009), $58.75M (2008), $81.77M (2007), $98.81M (2006), $135.01M (2005), $91.34M (2004), $49.84M (2003).
The most recent sale in Waianae / Makaha was a house located at 87-1078 Kaipoi Street, sold for $569K on May 19, 2017. It had 1607sf of interior. 9 other recent sales include: 87-1705 Mohihi Street (1,170sf) sold for $415K on 5/18/2017. 87-1742 Mokila Street (1,318sf) sold for $490K on 5/17/2017. 86-338 Kauaopuu Street (1,570sf) sold for $479K on 5/16/2017. 87-1801 Mokila Street (1,116sf) sold for $500K on 5/15/2017. 86-238 Leihoku Street (1,930sf) sold for $560K on 5/15/2017. 84-1111B Lahaina Street (1,104sf) sold for $180K on 5/12/2017. 84-776 Farrington Highway (2,030sf) sold for $515K on 5/12/2017. 87-1734 Mokila Street (1,152sf) sold for $500K on 5/11/2017. 87-322 Mokila Place (1,296sf) sold for $510K on 5/10/2017.
32 of the houses have ocean views and 93 have mountain views.