Mililani Real Estate | Mililani Condos Townhouses Homes | Mililani Quarterly Market Report for 2012

By
Real Estate Agent with Century 21 Liberty Homes RS-#62825

Mililani Real Estate | Mililani Condos, Townhouse, Homes | Mililani Quarterly Market Report for 2012

Mililani Town is the only community in Hawaii to receive the distinction of All American City in 1986 and is centrally located on the island of Oahu (Honolulu County) and to all US Military Bases as well. About 5-10 minutes up Highway 99 is Schofield Barracks and Wheeler AAF and Hickam AFB and Pearl Harbor Navy Base are about 20 to 25 minutes down H-2 to H-1 Freeway and Kaneohe Marine Corp Air Station is on the Windward side of Oahu over the H-3 Freeway.

We’ve definitely had a turn in our Mililani Oahu Housing Market.  We have had our ups and downs but our market is in a buyer AND seller mode now and a negotiating market to say the least.

Let’s take a look at the months of January through March of 2012………..

2012 Quarterly Market Report for Mililani Condos, Townhouses, Homes

Mililani Single Family Home 2012 Quarterly Market Report:  We have 46 Active listings and 47 in contract for the first quarter of 2012. There were 44 Mililani Sold Homes in the first quarter of 2012 with Sales Prices ranging from $490,000 (3 bedroom home) to $1,500,000 (4 bedroom luxury home) on the golf course. Average Days on the Market was 63 days for the first quarter of 2012.

Mililani Condo/Townhouse 2012 Quarterly Market Report: We have 61 Active condos/townhouses on the market and a promising 48 properties in contract for the first quarter of 2012. There were 61 sold condos/townhouses in the first quarter of 2012 with Sales Prices ranging from $114,200 (1 bedroom condo) to $465,000 (3 bdrm townhouse) compared to 65 condos/townhouses sold in 2011.  Average Days on the Market were 71 days for the first quarter of 2012.

Mililani has had a consistent housing market during the first quarter of 2012. The start of 2012 shows a promising active market with many properties currently in contract and getting ready to close. The only difference this quarter compared to the same time period last year is that buyers are out and putting in multiple offers on properties! 

For those Hawaii Home Buyers who are sitting on the fence: These all time low Mililani Homes for Sale are at all time low prices with VERY low interest rates to boot.  The math is clear, so if your current situation is in a buy mode I would say jump off that fence!

Our Mililani HOME Inventory is a LOWER now than a year ago and prices are slowly regaining ground.  Also, wait any longer and a higher interest rate could make a HUGE difference on your monthly mortgage payment!

If you are thinking about selling or buying a home on Oahu, Honolulu County, Hawaii email me at sally@hawaiihomesmarket.com

 

Posted by

                                                       

 

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.

 

 © 2007-2014 Celeste "Sally" Cheeseman's

Hawaii Real Estate and Relocation Blog.

All rights reserved.

     

 


 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the camera to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Market Trends
Location:
Hawaii Honolulu County Mililani Mililani Hawaii Real Estate & Relocations
Groups:
City & State: Listings and Market Reports
Tags:
mililani condos townhouses homes
mililani homes for sale
mililani real estate agent
mililani real estate

Comments 11 New Comment

Rainmaker
930,634
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Personal Service, always.
Waters Realty of Brevard, LLC

Nice summary, Sally. I especially like the general intro and also homes and condo/townhouses in a single report.

April 21, 2012 05:49 AM
Ambassador
1,708,642
George Souto
Your Connecticut Mortgage Expert
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut

Sally I was going to comment, and then I looked up and saw that unforgettable face looking at me ........... LOL

April 21, 2012 05:46 PM
Rainmaker
589,336
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers
Associate Broker Realtor Arizona Golf Communities
Long Realty West Valley Sun City Grand Surprise Arizona

Sally, Mililani is one of the most popular areas in Honolulu. You are so fortunate to live and work there. I wish you continued success.

April 21, 2012 09:12 PM
Rainmaker
387,323
Sarah & Lester Oswald
Broker, Realtor, CDPE, CIAS, SFR , Investor
Eastvale Team Realty & Property Mgmt

You are definitely the realtor to go to for Mililani's homes. Love how you presented Mililani's market report.

April 24, 2012 11:08 AM
Ambassador
743,566
Suzanne McLaughlin
Wright & Sherburne Counties Realtor
Sabinske & Associates, Inc. (Albertville, St. Michael)

Good to know that the markets are not all the same.  LOL!  And, congrats on the feature....it was quite a rant!

May 04, 2012 11:40 AM
Ambassador
1,019,404

Celeste "SALLY" Cheeseman

RA, CRS, Hawaii Mililani Oahu Real Estate
GET AN ANSWER NOW!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the chair to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Reading my blog will give you the human side of this Real Estate Industry Professional as well as allowing you to walk beside me through my writing about Hawaii Real Estate & our Local Area. As a resident of Honolulu County Hawaii for 42 years you will get a tour of a lifetime. Specializing in Hawaii Relocation Military VA Home Buyers you can be rest assured you will be in good hands. I LISTEN to YOUR needs and give you sound advice. Hawaii Relocations, Hawaii Military Relocations, Mililani Hawaii Real Estate, Living in Hawaii, Army Navy Air Force Marines in Hawaii. Read more at www.cheesemanhomes.com