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 $465K, median interior of 1,339sf and median land size of 5,200sf.
The median price of houses sold in Waianae / Makaha year-to-date (Jan - Feb 21, 2017) is $445K. 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).
25 houses have sold in Waianae / Makaha year-to-date (Jan - Feb 21, 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 55 days before they were sold (Jan - Feb 21, 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 78 days January 2017 compared to 106 days January 2016.
The ratio of Waianae / Makaha houses sales price vs list price were 99.5% January 2017 compared to 98.4% January 2016.
12 Waianae / Makaha houses were sold January 2017 compared to 21 houses sold January 2016.
The total dollar volume of houses currently for sale in Waianae / Makaha is $56.17M and the sold dollar volume year-to-date (Jan - Feb 21, 2017) is $11.36M. 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 87-138 Palani Street, sold for $363K on Feb 17, 2017. It had 1072sf of interior. 9 other recent sales include: 87-605 Manuaihue Street (2,145sf) sold for $407K on 2/17/2017. 87-1795 Mokila Street (1,576sf) sold for $550K on 2/15/2017. 85-760 Lihue Street (1,440sf) sold for $425K on 2/15/2017. 86-912 Pokaihene Place (1,736sf) sold for $545K on 2/14/2017. 87-1117 Oheohe Street (1,154sf) sold for $468K on 2/10/2017. 87-2125 Pakeke Street (1,208sf) sold for $380K on 2/10/2017. 84-546 Kepue Street (952sf) sold for $285K on 2/10/2017. 87-119 Kulawae Place (1,335sf) sold for $495K on 2/10/2017. 87-1852 Mohihi Street (1,302sf) sold for $385K on 2/10/2017.
26 of the houses have ocean views and 68 have mountain views.