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November 2007 - Real Estate Sales Activity for Mililani, Hawaii

By
Real Estate Agent with eXp Realty 2021016812

                                                                       Mililani Sign 

This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.

Single Family homes: Sales prices in Mililani have are consistent year to date with 2006 numbers in all Mililani areas, with the exception of Mililani Mauka which has shown a slight gain..  Year to date Sales volume in the Mililani Town and the valleys while has dropped by nearly 20%, while Mililani Mauka sales volume has had a slight increase. With mortgage rates remaining low, buyers and sellers will find it still a good time to make a move in Mililani.

Condo and townhouses:  Sales volume was still down from 2006 levels in all areas in November and year to date.  Average sales prices are up slightly in Mililani Mauka ear to date over 2006, while Mililani Town and the valleys are at the 2006 levels.

Currently Active for Sale (December 4, 2007)

  • 42 Single Family Homes - Mililani Area
  • 36 Single Family Homes - Mililani Mauka
  • 60 Condos/ Townhouses - Mililani Area
  • 35 Condos/ Townhouses - Mililani Mauka

Currently in Escrow (December 4, 2007):

  • 22 Single Family Homes - Mililani Area
  • 18 Single Family Homes - Mililani Mauka
  • 29 Condos/ Townhouses - Mililani Area
  • 14 Condos/ Townhouses - Mililani Mauka

For the Month of November 2007

 

 

 

 

 

 

 

 

Single Family Homes - Sold

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Mililani Area

(Mililani Town, Launani Valley and Waipio Acres)

8

11

-17.17%

 

$612,375

$622,181

-1.58%

Mililani Mauka

7

13

-46.15%

 

$630,892

$654,615

-3.62%

 

 

 

 

 

 

 

 

 

Year to Date Through November 30, 2007

 

 

 

 

 

 

 

 

Single Family Homes - Sold

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Mililani Area

(Mililani Town, Launani Valley and Waipio Acres)

130

162

-19.75%

 

 

$580,526

$580,813

-0.05%

Mililani Mauka

164

161

+1.86%

 

$712,214

$692,929

+2.78%

For the Month of November 2007

 

 

 

 

 

 

 

 

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)

17

19

-10.53%

 

$307,647

$325,026

-5.35%

Mililani Mauka

8

15

-46.67%

 

$312,125

$343,333

-9.09%

 

 

 

 

 

 

 

 

 

 

 

Year to Date Through November 30, 2007

 

 

 

 

 

 

 

 

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)

283

333

-15.02%

 

$304,158

$302,438

+0.57%

Mililani Mauka

138

147

-6.12%

 

$343,747

$344,599

-0.25%

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.

Mililani Links:

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--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

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.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comments(3)

Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate
Yikes! You guys are finally feeling the decline. You stayed clear for a while. Hopefully, you'll bounce back fast =)
Dec 04, 2007 02:28 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645
Some areas are doing better than others.  November took a dip pretty much across the board.
Dec 04, 2007 02:32 PM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County
A little decline is not bad compared to some of us....
Dec 05, 2007 02:01 AM