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Ewa Beach Is on Fire! | Oahu’s Summer Real Estate Market

Ewa Beach is on fire! The real estate market in Ewa Beach is so incredibly busy. If you are considering SELLING, the time is NOW! If you are considering BUYING, tighten your seat belt, you’re in for a bit of a bumpy ride of competing against multiple buyers on practically every property. It takes preparation, mindset, resources, and a well-structured offer to compete in this market. The inventory of homes in Ewa Beach is so low that there are way more buyers now than available homes. This is Seller’s dream. Sellers know that they will get a great price for their property, and they know that it likely won’t be on the market for more than a few days…sometimes hours. Over asking offers are very common as well.

Ewa Beach “Ocean Pointe” community.

  • Has Covid-19 made an impact? YES
  • Have interest rates made an impact? YES

Prices have not gone down as a result of Covid-19. In fact, they are going up.  With many people not being able to relocate from Ewa Beach, this has created a shortage of inventory. This is also true for many other parts of Oahu and the US as a whole. The shortage of inventory, coupled with historically low-interest rates, is creating a perfect storm for both Buyers and Sellers. The market is definitely Seller driven right now.

Military Buyers PCSing to Oahu

The Military PCS season, although delayed by the events of Covid-19 has now begun. The competition for homes is fierce, but homes are going into escrow daily. So as busy as the area is, finding a home is not an impossible task.  There are strategies for winning a home. Be pre-approved, consider buying site-unseen before your arrival to allow for extra time for your home search prior to arrival, and be prepared to be competitive. There are also new home options that require additional time for closing. So if your time is flexible, this may be the right path for you.

Ewa Beach Sellers

If you are considering selling your home, and you are wondering about timing, this is absolutely the best time for it. I have a wide range of resources to assist you in the process. Please contact me for an appointment.

Please contact me for information about BUYING or SELLING a home in Ewa Beach or any other area of Oahu.

Kinga Mills | 808-722-3985 | kingamills@hawaiilife.com

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Posted on in Latest News, Military, Moving To Hawaii, Oahu, Selling Advice, , , , , ,

Kinga Mills
About the Author

Kinga Mills

Kinga Mills is a REALTOR Associate, Luxury Portfolio Affiliate, Military Relocation Professional with Hawai'i Life. I adore Hawaii, its people, and the natural beauty that surrounds me. I live on Oahu. It's a pretty incredible place to call home. There is a little bit of everything here. From pristine beaches and quiet neighborhoods to the trendiest of restaurants in the urban Honolulu. I simply love Oahu and the variety it offers. My real estate career allows me to enjoy the Island life, and to work with some amazing people. With over a decade of experience and hundreds of closed sales, I provide my clients with expert buying and selling advice. My goal for clients is to enjoy the process, while my team and I handle the details. As a member of the Hawaii Life Military Specialized Team, I regularly provide real estate assistance to active-duty military personnel who are PCSing to Hawaii, to the mainland, or overseas. For the Luxury Real Real Estate buyers and sellers, I am affiliated with Luxury Portfolio International and Forbes Global Properties. These exclusive affiliations extend an even greater reach, exposure, and effectiveness within the global luxury marketplace. In my time off, I love walking along the beach, enjoying meals out on the town, and taking family vacations. Sign up for my Oahu Hawaii Life blog updates and follow my journey. You can also find me on HGTV "Hawaii Life" Season 14. I look forward to helping in making your Hawaii Life real estate dreams happen! You can email me at KingaMills@HawaiiLife.com or via phone at (808) 722-3985.

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MYRLINE GUERRIER

October 31, 2020

The video you showed was great! I would like to purchase a NEW home in Oahu, but new homes are limited or maybe doesn’t exist. Perhaps. you can help. Thank you.

Kinga Mills

October 31, 2020

Aloha Myrline. I will email you with additional information about new homes on Oahu. Thank you!

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