Hawaii Randy's Real Estate Opinions: February 2008 Real Estate Sales Activity for Lombard Way in Ewa Gentry

February 2008 Real Estate Sales Activity for Lombard Way in Ewa Gentry

Lombard Way is a development within the planned community of Ewa Gentry in Ewa Beach, Hawaii (makes up part of tax map key 191).

Single Family homes: Both sales volume and average sales price has remained steady in Lombard Way compared to the previous 12 month cycle.  The month of February in both of the last two years showed no closed sales of resale homes.  There is a lot of new home construction in the area competing with the resale market, along with a large amount of resale inventory in the neighboring communities.  With the inventory levels at a low level, prices may begin to climb a little.

Currently Active for Sale (March 8, 2008)

3 Single Family Homes

Currently in Escrow (March 8, 2008):

2  Single Family Homes

 

For the Month of  February - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Lombard Way

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12 Months - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

Ending February 2008

Ending February 2007

% Change

 

Ending February 2008

Ending February 2007

% Change

Lombard Way

15

11

+36.26%

 

$365,633

$390,909

-6.47%

 

 

 

 

 

 

 

 

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.

 

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Or at: http://www.localism.com/

 

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Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comment balloon 4 commentsRandy Prothero • March 08 2008 11:49PM

Comments

Very clear and easy-to-follow reports for consumers in your area.  Not many agents bother to do this, let alone do it so well!
Posted by Margaret Woda, Maryland Real Estate & Military Relocation (Long & Foster Real Estate, Inc.) over 10 years ago
Margaret - Thank you. 
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 10 years ago
It's good news with a little bitter isn't it? Great that numbers are up. I still believe by the end of the year we'll see prices flatten and begin their normal return to appreciation.
Posted by Ken Cook, Content Marketer/Creator (Content, coding, marketing, host.) over 10 years ago
Ken - That particular neighborhood has a lot of new construction in the area, so their numbers may not reflect what is happening in other parts of the island.  I do track it because it is close to the military bases I service and is information I get asked for on a regular basis.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 10 years ago

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