This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.
The Mililani real is still moving strong. We are still seeing good real estate activity in the Mililani area. With low interest rates and a little more inventory, buyers are still able to buy the home of their dreams.
Single Family homes sales volume was off a little in June. Average sales price, have remained strong though. Year to date numbers indicate that the Mililani real estate market is holding strong. Inventory has come down a bit in the last couple of months. With mortgage rates remaining low look for prices to see some modest climbing over the next few months.
Condo and townhouse sales are another story. Inventory is relatively low and average sales prices have continued to climb. Sales volume is still remaining strong. We are seeing a balanced market in Mililani for buyers and sellers.
Currently Active for Sale (July 6, 2007):
- 49 Single Family Homes - Mililani Area
- 40 Single Family Homes - Mililani Mauka
- 63 Condos/ Townhouses - Mililani Area
- 28 Condos/ Townhouses - Mililani Mauka
Currently in Escrow (July 6, 2007):
- 24 Single Family Homes - Mililani Area
- 26 Single Family Homes - Mililani Mauka
- 28 Condos/ Townhouses - Mililani Area
- 16 Condos/ Townhouses - Mililani Mauka
For the Month of June 2007 |
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Single Family Homes - Sold |
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Number of Sales |
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Average Sales Price |
Area |
2007 |
2006 |
% Change |
|
2007 |
2006 |
% Change |
|
Mililani Area
(Mililani Town, Launani Valley and Waipio Acres)
|
13 |
20 |
-35% |
|
$613,846 |
$593,651 |
+3.40% |
Mililani Mauka |
16 |
19 |
-15.79% |
|
$684,718 |
$684,705 |
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Year to Date Through June 30, 2007 |
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Single Family Homes - Sold |
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Number of Sales |
|
Average Sales Price |
Area |
2007 |
2006 |
% Change |
|
2007 |
2006 |
% Change |
|
Mililani Area
(Mililani Town, Launani Valley and Waipio Acres)
|
74 |
81 |
-8.74% |
|
$566,912 |
$585,290 |
-3.14% |
Mililani Mauka |
83 |
89 |
-6.76% |
|
$704,463 |
$695,743 |
+1.25% |
For the Month of June 2007 |
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Condos and Townhouses - Sold |
|
Number of Sales |
|
Average Sales Price |
Area |
2007 |
2006 |
% Change |
|
2007 |
2006 |
% Change |
|
Mililani Area
(Mililani Town, Launani Valley and Waipio Acres)
|
37 |
25 |
+48% |
|
$288,048 |
$299,800 |
-3.92% |
Mililani Mauka |
20 |
11 |
+81.82% |
|
$354,150 |
$312,227 |
+13.43% |
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-35%Year to Date Through June 30, 2007 |
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Condos and Townhouses - Sold |
|
Number of Sales |
|
Average Sales Price |
Area |
2007 |
2006 |
% Change |
|
2007 |
2006 |
% Change |
|
Mililani Area
(Mililani Town, Launani Valley and Waipio Acres)
|
179 |
184 |
-2.72% |
|
$307,394 |
$297,493 |
+3.33% |
Mililani Mauka |
82 |
92 |
-10.87% |
|
$347,509 |
$346,341 |
+0.34% |
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
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Randy L. Prothero, REALTOR®, ABR, AHWD, CRS, e-PRO, GRI, SFR
Century 21 Liberty Homes
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.
Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) and the Leeward Regional Chairman of the Honolulu Board of Realtors. To improve overall professionalism in his area Randy also offers classes for real estate agents.
www.HawaiiRandy.com * Oahu (Honolulu County) Property Search * Hawaii Military Relocations
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