The Waikele and Waipahu communities may be cheek to cheek, but they're very different environments. It is easy to tell when they experienced their build-up just by driving the streets of these 2 neighborhoods.
Waipahu is very much a product of the development explosion during the 1960's & 70's, as the population surged and urbanization spread out from Honolulu to satisfy the need for new, and affordable, housing.
Waipahu condos are almost all from those 2 decades, yet not in the elevated build-up you'd expect. Most are walk-ups of 2 to 4 stories, intended to be basic residences, rather than amenity-filled towers.
Another common factor is that the majority are located on or within a few blocks of Farrington Highway. Intentionally or not, it benefitted commuters to be right on this main artery, and still does.
The very few exceptions to this template sit in the section north of H-1. In that sector are a small number of townhome communities like Kulana Knolls and Parkview Village, all built in the last 2 decades of the 20th Century. With their friendly, wooden facades and more natural surroundings, they could almost be part of our next stop.
Waikele lies to the northeast, separated from Waipahu by H-1 on its south and Kipapa Gulch on the west. A look at Google Maps shows the contrast between them immediately. Waikele's homes are surrounded by green parks and fairways everywhere within the town. Waikele is the planned, suburban 1990's counterpart to the urban Waipahu.
Waikele condos are townhomes or units in communities of multiple 2 story building. Intimate neighborhoods within the neighborhood. The Ho'okumu at Waikele, for example, has 14 separate buildings, all 2 story, with 136 units, right next to the shopper's heaven of the Waikele Outlets. Or there's the Village on the Green, whose homes surround a fairway on Waikele Golf Course. 23 buildings, the same 2 stories and 285 condos in them.
It's amazing that such distinct properties can be so close to each other. Each satisfies different needs, different budgets and different desires. Chances are, just from reading this, you already know which is right for you.
The price range of condos for sale in Waikele / Waipahu is $160K to $550K with a median price of $367K and median interior of 750sf.
The median price of condos sold in Waikele / Waipahu year-to-date (Jan - May 23, 2017) is $391K. In previous years it was $330K (2016), $313K (2015), $294K (2014), $275K (2013), $257K (2012), $253K (2011), $265K (2010), $275K (2009), $280K (2008), $299K (2007), $298K (2006), $260K (2005), $200K (2004), $167K (2003).
82 condos have sold in Waikele / Waipahu year-to-date (Jan - May 23, 2017). In previous years, the total number of condos sold were 230 (2016), 216 (2015), 215 (2014), 242 (2013), 170 (2012), 170 (2011), 175 (2010), 171 (2009), 202 (2008), 306 (2007), 393 (2006), 432 (2005), 523 (2004), 462 (2003).
On average Waikele / Waipahu condos were on the market for 20 days before they were sold (Jan - May 23, 2017). In previous years it was 64 days (2016), 79 days (2015), 80 days (2014), 63 days (2013), 54 days (2012), 66 days (2011), 59 days (2010), 66 days (2009), 54 days (2008), 51 days (2007), 47 days (2006), 24 days (2005), 36 days (2004), 47 days (2003).
The average days on market for Waikele / Waipahu condos before sold was 15 days April 2017 compared to 68 days April 2016.
The ratio of Waikele / Waipahu condos sales price vs list price was 99.9% April 2017 compared to 99.3% April 2016.
23 Waikele / Waipahu condos were sold April 2017 compared to 20 condos sold April 2016.
The total dollar volume of condos currently for sale in Waikele / Waipahu is $13.65M and the sold dollar volume year-to-date (Jan - May 23, 2017) is $30.89M. In previous years sold dollar volume was $76.78M (2016), $68.97M (2015), $62.53M (2014), $67.27M (2013), $45.3M (2012), $45.01M (2011), $46.86M (2010), $46.88M (2009), $56.8M (2008), $92.44M (2007), $112.1M (2006), $110.9M (2005), $107.01M (2004), $75.44M (2003).
The most recent sale in Waikele / Waipahu was a condo located at #C103 , sold for $565K on May 19, 2017. It had 1387sf of interior. 9 other recent sales include: #3104 (857sf) sold for $410K on 5/19/2017. # (477sf) sold for $280K on 5/18/2017. #L3 (750sf) sold for $345K on 5/17/2017. #D202 (791sf) sold for $405K on 5/12/2017. #P102 (791sf) sold for $441K on 5/12/2017. #O204 (742sf) sold for $305K on 5/11/2017. #R (477sf) sold for $295K on 5/9/2017. #E111 (712sf) sold for $200K on 5/9/2017. #5S (708sf) sold for $365K on 5/5/2017.
In Waikele / Waipahu there is currently 40 fee simple units for sale. 2 of the condos have ocean views, 1 has Diamond Head views and 10 have mountain views.
There are 1 studio floor plan, 1 x 1 bedroom floor plan, 29 x 2 bedroom floor plans and 9 x 3 bedroom floor plans.