Is Ewa Beach, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ewa Beach is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ewa Beach has remained a Seller's Market.

Key Takeaway

Ewa Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ewa Beach, HI

How much do homes in Ewa Beach, HI cost?

Median Sold Price

$825,222

$612/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,222(+0.6%)

Key Takeaway

Homes in Ewa Beach have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Ewa Beach was $825,222 in October 2024, up 0.6% from last year, and the median price per square foot was $612.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $405K$440K
+8.6%
2 $547.5K$534.3K
-2.4%
3 $815K$800K
-1.8%
4 $1.0M$1.0M
+1.2%
5+ $1.2M$1.0M
-9.2%

Summary: Ewa Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 9.2%.

Median Sold Price Compared To Nearby Cities

Kapolei
+2.5%
Ewa
+1.9%
Ewa Beach
+0.6%

Housing Supply in Ewa Beach, HI

How many homes are available in Ewa Beach, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
296324+9.5%

Summary: The Ewa Beach real estate market had 324 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 7481
+9.5%
3 130145
+11.5%
4 6978
+13.0%
5+ 1816
-11.1%

Summary: The Ewa Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5870+20.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ewa Beach, expect to pay close to the asking price. 41.4% of homes here sold near the asking price last month.

Summary: A total of 70 homes were sold or pending in Ewa Beach in October 2024, up by 20.7% month-over-month. Of the 70 sold homes, 20% were sold under asking, 41% were sold at asking, and 39% were sold over asking.

Days on Market for Ewa Beach, HI

How long does it take to sell a home in Ewa Beach, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days36 Days+0.7%

Summary: Homes in Ewa Beach had an average of 36 days on market in Oct 2024, up by 0.7% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ewa Beach are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 70 homes were sold in Ewa Beach; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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