Hawaii Real Estate | Hawaii Relocations | Hawaii Home Buying & Selling

head_left_image

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

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

 

                                                       

 

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.

 

 © 2007-2015 Celeste "Sally" Cheeseman's

Hawaii Real Estate and Relocation Blog.

All rights reserved.

     

 


 

 

Comment balloon 11 commentsCeleste "SALLY" Cheeseman • April 20 2012 11:36PM
Mililani Real Estate | Mililani Condos Townhouses Homes | Mililani…
share
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… more
Who Says Holding an Open House Won’t Work?
share
We ALL know that the market will depend on any given local area and neighborhood. So whoever says Open House's don't work are the ones who are in areas that it really doesn't work. It could be that there area is so rural that it takes an hour to… more
Tips for NOT Cutting Corners With Your Real Estate Business
share
So, you have your Real Estate License and you're thinking about making a go of selling real estate. You already have the mindset that you will make every effort to be the best you can be in this business One thing is for certain: If you don't… more
Weathering the Storm of Challenges
share
The weather can be quite unpredictable in Hawaii. While watching our local news on Monday evening we were ‘informed' that there were storm conditions and there will be thunder, lightning and heavy rains. We waited and the next morning it was a… more
Responding to Real Estate Email Leads - Do You Google First?
share
Contact me through my contact form and you will get a quick response provided you are in a time zone while I am awake. The majority of my blog readers or website contacts come from those that will be relocating to Hawaii The first contact is an… more
Mililani Real Estate | Mililani Condos, Townhouse, Homes | Mililani…
share
Mililani Town is the only community in Hawaii in 1986 to receive the distinction of "All American City" 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… more
Sentrilock Electronic Lockboxes – Safety for Sellers is Top Priority,…
share
After reading Scott Fogleman's post on When did it become ok to give buyers keys before closing? I started boiling inside thinking about the speaker in the Sentrilock class at our GMM (Honolulu Board of Realtors General Membership Meeting) meeting… more
Mililani Real Estate | Market Report October 2010 | Mililani Condos…
share
The national news does not depict the housing market for Hawaii and it's local areas and neighborhoods. Each neighborhood will determine the housing market for your local area. For Mililani Real Estate we can pretty much gather that that the… more
Mililani Shopping Center | Century 21 Liberty Homes | Halloween Event…
share
On Sunday, October 31, 2010 we celebrate Halloween with Trick or Treating. If the homeowner doesn't give a treat then they ‘threaten' (mostly idle) with a trick on the property. The children will do something to earn their treat. How's about singing… more
Holding an Offer HOSTAGE for a Second Preapproval
share
Many seller's agents are requesting for the buyer's to get preapproved with XYZ lender as a stipulation for submission with their offer. What if the buyer trusts their OWN mortgage broker or loan officer of choice? In a situation where I've… more
Remember That We ALL Started Somewhere in Real Estate
share
It's Christmas Day and I'm drinking a cup of the Chocolate Caramel Macadamia Nut Coffee that Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes) gave us. It's a clear morning and this Christmas Day is projected to be a beautiful clear… more
Mililani Condo SOLD! Mililani Hawaii Real Estate | Waikalani…
share
Mililani Waikalani Woodlands Condo for Sale! 95-273 Waikalani Drive, D1103, Mililani, 96789 View Map Situated in Launani Valley this two… more
ALWAYS Have a Back Up PLAN
share
We represent our clients best interests THAT is my first and foremost priority when strategizing the sale of a home. In Strategic Planning + Hard Work = Property IN CONTRACT my planning turned out to be a big positive and the townhouse was in… more
Engaging and Enhancing Relationships Through My ActiveRain Blog
share
Bob Stewart has some great ideas when it comes to a community challenge and the current one on Using Your Blog To Enhance Existing Relationships got my blogging juices running. His Theme? How are you using your blog to enhance your existing… more
Mililani Real Estate | Mililani Condos Homes | Market Report for June…
share
Mililani Real Estate and Housing Market Report for June 2009 Let's start with the Mililani Condo Statistics for June 2009: In May of 2009 (last month) there were 64 Active condos/townhouses on the market, 29 in contract and 20 sold. Looks like… more
Mililani Real Estate, My History in Mililani, Current Mililani…
share
A Little History Mililani IS the only community in Hawaii to receive the distinction "All American City" in 1986. Mililani Town and Mililani Mauka, a Master Planned Community has a population of approximately… more
Bill 4 (2009) - Prohibiting the Use of Electronic Devices While…
share
Yup! I'm all for the Bill passing and starting on Wednesday, July 01 It's going to stop all this text messaging, game playing and so forth while driving (and weaving all over the road). I've used hands free technology (Bluetooth earset) for… more
The Small Things DO Matter
share
I'll be 52 years old in a couple of months and I'm proud of it. I have learned many lessons in those years and believe me I was one of those that HAD to learn the hard way Or so my Pop used to tell me over and over. He didn't agree with many of my… more
Mililani Real Estate and Housing Market - Sales Numbers Climbing!
share
In 1971 my family moved to Mililani and it was in the beginning stages of a 40 year Master Planned Community development of single family homes, condos and townhouses with the first homes built in 1968. My children went through their school… more
A 'Different' Approach for My Listings & Open Houses
share
This Sunday I will be holding an Open House for my Hilldale Listing in Mililani Mauka and decided that I wanted to use my show I created through www. realestateshows. com to pass out to the consumer on cd. I also wanted to create… more