Mililani - Q1 2007 Real Estate Sales Activity of Existing Homes

                                                                                         Mililani Town

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

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

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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Real Estate Agent: Randy L. Prothero  - Hawaii REALTOR® (Century 21 Liberty Homes)
Randy L. Prothero - Hawaii REALTOR®
Mililani, HI
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Century 21 Liberty Homes

Cell Phone: (808) 384-5645
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