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Mililani Real Estate Market Report | Mililani Home Sales November 2010

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Real Estate Agent with Liberty Homes RS-#62825

Mililani Real Estate Market Report | Mililani Home Sales November 2010

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 November 2010:  We have 40 Active Listings for October 2010 (21 for Mililani Town and 19 Mililani Mauka), with 29  in contract (19  for Mililani Town and 10 for Mililani Mauka) and 20 sold properties (7 for Mililani Town and 9 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 lower at $594,843 than the previous month of  $641,150 and about the same price range of $597,333 a year ago. Average days on market...DOM was 63 days.  

Mililani Condo Statistics for October 2010: We have 97 Active condos/townhouses on the market from November 2010 (77 for Mililani Town and 20 for Mililani Mauka), 34 Pending (22 for Mililani Town and 12 for Mililani Mauka),   and 27 sold (19 for Mililani Town and 8 for Mililani Mauka) . Average sales price of $ 275,516 a slight increase from October 2010 of $271,382  and down slightly from a year ago at $288,321.. Average days on market for November 2010 -DOM was 59 days.

Needles to say, our Mililani Condo Townhouse and Home Sales are fluctuating ever so slightly in sales numbers and sales prices.

Still moving, still trying to find a happy medium- but still selling!

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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!

 

 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 the island of Oahu (Honolulu County) and all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents

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Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) 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 the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.

 

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Hawaii Real Estate and Relocation Blog.

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Comments(3)

William Johnson
Retired - La Jolla, CA
Retired

Woo Hoo, Your market sounds like it has greatly improved and is on solid ground both in prices and number of sales. Well done. You know, I had never thought about the fact that most US housing market reports tend to favor the continental 48. But you are right, I haven't really seen mention of the Hawaii or the Alaska markets.

Dec 08, 2010 04:54 PM
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

Just in our neighborhood....Mililani has had its share of short sales and a few foreclosures but seems to remain stable with sales numbers and prices not too bad. Even when they have the top best cities etc. we're not included. Go figure...we could win for the only bunch of islands to make up a state lol

Dec 09, 2010 11:43 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Sally - postive market reports like this are indeed encouraging! We need the entire nation to rebound!

Dec 10, 2010 03:03 AM