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

March 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 (resale): Sales volume for the last 12 months has shown a little bit of growth over the previous 12 month period, while average sales price has gone down almost 7% in Lombard Way.  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 (April 26, 2008)

  • 3 Single Family Homes

Currently in Escrow (April 26, 2008):

  • 1 Single Family Homes

For the Month of  March - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Lombard Way

1

1

---

 

$348,000

$364,000

-4.40%

 

 

 

 

 

 

 

 

12 Months - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

Ending March 2008

Ending March 2007

% Change

 

Ending March 2008

Ending March 2007

% Change

Lombard Way

15

11

+36.36%

 

$364,566

$391,272

-6.83%

 

 

 

 

 

 

 

 

*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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