EWA BEACH / EAST KAPOLEI REAL ESTATE MARKET – MARCH UPDATE

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🏝️ EWA BEACH / EAST KAPOLEI – SINGLE FAMILY HOME MARKET END OF MARCH UPDATE

🔎 If you want data on Condos / Townhouses in the Ewa Beach area, please feel free to message me and I will break it down for you.

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🏡 ANALYSIS

✅  Firstly, the Months Supply of Inventory is at 3.97, indicating a balanced market where supply and demand are relatively equal. This means that there is a healthy level of inventory available for potential buyers to choose from.

✅ The Median Days Homes are On the Market is 85, which is a moderate timeframe for a property to sell. This metric can vary depending on factors such as location, price, and condition of the property. A shorter time on the market may indicate strong buyer interest and a higher likelihood of a quick sale.

✅ The Sold to List Price Percentage is 100.1%, indicating that properties are selling for slightly above their list price on average. This could be a positive sign for sellers as it shows that buyers are willing to pay a premium for desirable properties in the current market.

✅ Finally, the Median Sold Price is $970,000, providing sellers with an idea of the potential value of their property in the current market. This metric can be influenced by various factors such as location, size, and condition of the property.

📈 Overall, these metrics suggest that it is a good time to sell a property, with a balanced market, strong buyer interest, and properties selling for slightly above their list price. Sellers should take advantage of these favorable conditions and work with a real estate professional to maximize their selling potential.

🌈 Let’s work together to make your real estate goals a reality! CONTACT US for a personalized consultation. 🌺

 

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