Mililani Mauka August 2015 Market Report - INTRODUCTION
My August 2015 market report for Mililani Mauka takes a long term view of real estate trends for home, townhome and condo prices in this beautiful planned community in Central Oahu, Hawaii.
Each graph below displays the number of home sales in Mililani Mauka for each year, dating back to 2000. Accompanying the home sales statistics (shown as color columns) are other statistics (average price, average value and average size) that should hopefully give you a good sense of the current Mililani Mauka real estate market as well as historical trends.
Mililani Mauka SINGLE FAMILY HOME SALES - AVERAGE SALE PRICE
| Primary Year | Sales, Number of | Sale Price, Average |
|---|---|---|
| 2000 | 48 | $326,925 |
| 2001 | 53 | $330,538 |
| 2002 | 100 | $354,252 |
| 2003 | 150 | $412,137 |
| 2004 | 145 | $510,172 |
| 2005 | 161 | $650,549 |
| 2006 | 176 | $693,919 |
| 2007 | 170 | $713,495 |
| 2008 | 120 | $676,959 |
| 2009 | 110 | $670,003 |
| 2010 | 103 | $678,499 |
| 2011 | 102 | $657,176 |
| 2012 | 116 | $689,928 |
| 2013 | 101 | $727,975 |
| 2014 | 111 | $799,962 |
| 2015 | 58 | $784,840 |
Looking at this graph and corresponding table of data, if you had bought an average priced home in Mauka in 2000 and sold at the average price in 2015, your home would have realized an over 140% gain in value. With only a slight dip in 2009, the average single family home price trend has been steadily upward.
Mililani Mauka SINGLE FAMILY HOME SALES - AVERAGE HOME VALUE
(Value per square foot)
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List price by square foot ratio is at an all time high in Mililani Mauka, and has more than tripled since 2000.
Mililani Mauka CONDO & TOWNHOME Sales - AVERAGE UNIT SALE PRICE
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2015 is seeing the highest average per unit sales price in Mililani Mauka. In the fifteen years since 2000, the average condo in Mauka has seen a tremendous 204% increase in sale price. In the last five years, average Mililani Mauka condo sale prices have increased over 21%.
Mililani Mauka CONDO & TOWNHOME Sales - AVERAGE UNIT VALUE
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Price per square foot ratios for condos and townhomes in Mililani Mauka are currently running almost identical to those of single family homes.
Get Your FREE Mililani Mauka Home Valuation Today
If you are interested in finding out what your Mililani Mauka home is worth today, please check out our very cool online Oahu home valuation tool at OahuHomeReport.com.
Buying or Selling in Mililani Mauka?
Headed by perhaps Mililani's most well known and respected REALTOR Randy Prothero, our Mililani-based Oahu Real Estate team, the Prothero Group at Island Style Realty has helped many clients buy and sell Mililani Mauka real estate. We pride ourselves on our knowledge of the Mililani market.
If you have any questions about Mililani real estate, would like a more detailed, customized market report, or are considering buying or selling in Mililani Mauka email us at protherogroup@gmail.com or give us a call at (808) 625-5057 today. Aloha and mahalo!
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