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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ewa Beach was a Seller's Market.

Key Takeaway

Ewa Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ewa Beach, HI

How much do homes in Ewa Beach, HI cost?

Median Sold Price

$823,645

$614/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,645(+0.4%)

Key Takeaway

The sold price of homes in Ewa Beach has remained the same since last year.

Summary: The median home sold price in Ewa Beach was $823,645 in November 2024, up 0.4% from last year, and the median price per square foot was $614.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $410K$448.3K
+9.3%
2 $550K$533.7K
-3.0%
3 $815K$799.2K
-1.9%
4 $1.0M$1.0M
+2.4%
5+ $1.1M$1.0M
-7.6%

Summary: Ewa Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Cities

Ewa
+2.3%
Kapolei
+1.6%
Ewa Beach
0.4%

Housing Supply in Ewa Beach, HI

How many homes are available in Ewa Beach, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
300287-4.3%

Summary: The Ewa Beach real estate market had 287 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 7463
-14.9%
3 138127
-8.0%
4 7374
+1.4%
5+ 1120
+81.8%

Summary: The Ewa Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 81.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7342-42.5%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ewa Beach, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Ewa Beach in November 2024, down by 42.5% month-over-month. Of the 42 sold homes, 43% were sold under asking, 24% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
27 Days45 Days+63.5%

Summary: Homes in Ewa Beach had an average of 45 days on market in Nov 2024, up by 63.5% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

7 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 November 2024, 42 homes were sold in Ewa Beach; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% 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 19 Days Ago

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