The Mililani real estate market has slowed some from the past few years, but it is still moving and showing price increases in most sectors. Interest rates are still low and there is a good selection of inventory. It is still a good time to buy or sell in this balanced Mililani market.
For the Month of March 2007 |
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Single Family Homes |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Mililani Area (including Mililani Town, Waipio Acres and Launani Valley | 19 | 15 | 26.67% | | $672,500 | $578,400 | 16.27% |
Mililani Mauka | 8 | 15 | -46,67% | | $753,125 | $687,366 | 9.57% |
Total | 27 | 30 | -10 | | | | |
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Condominiums |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Mililani Area (including Mililani Town, Waipio Acres and Launani Valley | 27 | 33 | -18.17% | | $319,722 | $297,463 | 25.17% |
Mililani Mauka | 11 | 21 | -47.62% | | $346,181 | $369,733 | -6.37% |
Total | 38 | 54 | | | | | |
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Year to Date Through March 31, 2007 |
| | | | | | | |
Single Family Homes |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Mililani Area (including Mililani Town, Waipio Acres and Launani Valley | 36 | 33 | 9.09% | | $561,680 | $571,303 | -1.67 |
Mililani Mauka | 29 | 28 | 3.57% | | $720,620 | $704,642 | 2.27% |
Total | 65 | 61 | | | | | |
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Condominiums |
| Number of Sales | | Average Sales Price |
Area | 2007 | 2006 | % Change | | 2007 | 2006 | % Change |
Mililani Area (including Mililani Town, Waipio Acres and Launani Valley | 77 | 90 | -14.45% | | $299,038 | 304,350 | -1.75% |
Mililani Mauka | 30 | 43 | -30.23% | | $358,172 | $359,550 | -0.04 |
Total | 107 | 133 | | | | | |
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
Or at: http://www.localism.com/
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Great Update :)