Market Update - 91-1174 Olowa St
Market Update · April 2026

91-1174 Olowa St

Ewa Beach, HI 96706 · Latitudes / Sandalwood

Beds
4
Baths
3
Sqft
1,898
Built
2008
Remodeled
2021
Lot
3,900 sf
Owned Solar Panels Security Alarm Tesla Charger Central A/C Walk-in Closet 1st Floor Bed & Bath
Avg Sale Price
$1.06M
2 recent comps
Avg $/Sqft
$644
living area basis
Est. Value Range
$1.10M
$1.05M – $1.15M
Avg Rent (Closed)
$4,445/mo
5 rented comps

Two comparable single-family homes have sold recently in the Ewa Beach / Latitudes area. Both are fee simple, two-story homes with similar square footage and lot sizes. The average sold price per square foot of living area is $644/sqft, which applied to this property suggests a value near $1.10M.

91-1152 Paapaana St
Ewa Beach, HI 96706
$1,015,000
$20K seller credits
Beds
3
Baths
2/1
Sqft
1,526
Built
2010
DOM
8
$/sqft (living): $665 Sale/List: 98.5%
91-1173 Pekau St
Ewa Beach, HI 96706
$1,099,000
$3K seller credits
Beds
4
Baths
3/0
Sqft
1,770
Built
2009
DOM
120
$/sqft (living): $621 Sale/List: 100.0%
Side-by-Side Comparison
Subject Comp 1 Comp 2
Address 91-1174 Olowa 91-1152 Paapaana 91-1173 Pekau
Price $1,300,000 (exp) $1,015,000 $1,099,000
Bed / Bath 4 / 3 3 / 2.5 4 / 3
Sqft (Living) 1,898 1,526 1,770
Year Built 2008 2010 2009
Condition Excellent Above Avg Excellent
DOM 296 8 120
$/Sqft $665 $621

8 rental comps in the Ewa Beach area — 5 successfully rented and 3 currently active. The average rent across all comps is $4,378/mo, and the average among closed/rented units is $4,445/mo. Properties in excellent condition with 4 bedrooms and modern features command $4,400–$4,950/mo.

Rental Rate Comparison
Rented Active

Pricing Analysis

The subject property at 91-1174 Olowa St previously listed at $1,300,000 and expired after 296 days on market. Based on the two most recent comparable sales, the data suggests the following:

Comp 1 Adjusted
Paapaana sold at $665/sqft (living). Smaller home (3bd), lower condition — adjusting upward for the subject’s extra bedroom, remodel, and solar supports ~$1.10M.
Comp 2 Adjusted
Pekau sold at $621/sqft (living). Closest match in size and layout. 120 DOM indicates market softness at higher price points. Supports $1.05M–$1.15M.

Rental Potential

If the owner chooses to rent rather than sell, the data supports a strong rental market for 4-bedroom homes in this area:

Conservative
$4,400/mo
Quick absorption, <30 DOM
Recommended
$4,800/mo
Strong for remodeled + solar
Aggressive
$5,000/mo
Premium positioning, may take 45+ DOM

Note: The subject’s 2021 remodel, owned solar panels, Tesla charger, security system, and 1st-floor bedroom/bath suite are premium differentiators that justify pricing toward the upper end of the range.

Key Takeaways

📉 The previous list price of $1.3M was above market. Comparable sales support a value closer to $1.05M–$1.15M.
🏡 The subject’s remodel, solar, and security upgrades are meaningful differentiators but do not bridge the $150K+ gap to the original ask.
💰 If renting, the property should command $4,400–$5,000/mo based on condition, size, and features — above the area average.
Higher-priced listings in this area take significantly longer to sell (120+ DOM vs. 8 DOM at market price), suggesting price sensitivity among buyers.
Agent License ID: RS-82955
+1(808) 388-8167 jack.oconnor@realhnl.com

1050 Queen Street #100, Honolulu, HI, 96814, USA