The national news does not depict the housing market for Hawaii and it's local areas and neighborhoods.. Each neighborhood will determine the housing market for your local area. For Mililani Real Estate, we can pretty much gather that that the sales prices will vary from other neighborhoods.... and so will the median and average prices and the number of sold properties.
Mililani Town and Mililani Mauka Homes, Condos and Townhouses
To better determine particulars for your market (with criteria including your sq/ft interior, land, condition and year built), contact this Realtor Associate® for a CMA (Comparative Market Analysis).
Mililani Single Family Homes Market Report October 2010: We have 46 Active Listings for October 2010 (24 for Mililani Town and 22 Mililani Mauka), with 35 in contract (10 for Mililani Town and 17 for Mililani Mauka) and 20 sold properties (9 for Mililani Town and 8 for Mililani Mauka) Mililani Single Family Home activity remains comparable with previous months for 2010 with multiple contracts submitted and accepted due to the lower inventory. Average Sales Prices were a bit higher at $641,150 than the previous month of $598,970 and down slightly from $605,153 a year ago. Average days on market...DOM was 64 days.
Mililani Condo Statistics for October 2010: We have 92 Active condos/townhouses on the market from October 2010 (68 for Mililani Town and 24 for Mililani Mauka), 38 Pending (26 for Mililani Town and 12 for Mililani Mauka), and 21 sold (9 for Mililani Town and 16 for Mililani Mauka) . Average sales price of $271,382 a slight decrease from September 2010 of $288,342 and down slightly from a year ago at $284,344.. Average days on market for October 2010 -DOM was 44 days.
Remember...that there is still the Hawaii Home Buyer | SOME Military Qualify for Extended Tax Credit and you can read further for more information to see if you qualify!
The Home Buyer Tax Credit ended on April 30, 2010 but there are some "Qualified service members" (which means a member of the uniformed services of the U.S military, a member of the Foreign Service of the U.S., or an employee of the intelligence community) that may still qualify for the extension of this Home Buyer Tax Credit. Qualified service members who are ordered on a period of official extended duty are extended for one year. For these home buyers, the tax credit applies to sales with a binding sales contract in place on or before April 30, 2011 and closed by June 30, 2011.
READ THE DETAILS HERE: Hawaii Home Buyer | SOME Military Qualify for Extended Tax Credit
~~~~~~~~~~~~~~~~~~~~~~~~ Celeste "Sally" Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs she serves all Hawaii Home Buyers and Sellers on the island of Oahu (Honolulu County) including all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents. 
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