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Ewa Beach – How About A NEW Condo, Townhome, Or Home?

If you are reading this, you are likely curious about Ewa Beach, or the real estate on Oahu. There are changes happening, and supply can’t keep up with demand. There are not that many listings on the market right now, and when a good one shows up, we’re back to multiple offers. Then, there are those homes that sit on the market forever, either because of price, location, or general upkeep of the property. So it’s always a nice experience to walk through a brand new home in Ewa Beach.

While it’s not always easy to purchase a new condo, townhome, or home, there are at least options available. The majority of these homes are sold through monthly lotteries. Not everyone is lucky, but many are. For those who don’t get a property on the first try, there is always the next one. That said, products and pricing change, so if you are considering a new home or townhome, enter the lottery as soon and as often as possible.

New homes and townhomes take a few months to be completed. Since the demand is so high, there are generally no finished homes available for purchase. They are mostly sold pre-sale. If you are lucky to get one of these homes, a small deposit of no more than $3000 is required at contract signing, with the remainder of the funds due at closing.  Many people are worried that they will have to pay the mortgage while the home is being built, which is not the case. The deposit is all that is required, along with a pre-approval letter. The builder’s preferred lender has various incentives, which could help with your closing costs as well. Oh, and did I mention the new home warranty that all new home buyers get in Ewa Beach?

MORE INFO:

LOTTERY INFO

  • If you would like to enter a lottery for any of the condos, townhomes, or homes in Ewa Beach, please email kingamills@hawaiilife.com

PRICES

  • Current prices range from the mid $450,000 to high $800,000 for larger homes.

Please contact me for any Oahu real estate information.

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About the Author

Kinga Mills

Kinga Mills is a REALTOR Associate, Christie's Affilate, MRP 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 Christie’s International Real Estate. 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. 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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