Hawaii Real Estate, Hawaii Home Buying, Honolulu Housing Market, Hawaii Home Selling, Hawaii Relocations, Hawaii Military Relocations, Mililani Real Estate, Hawaii Homes Market

December 2009 Market Report for Mililani Condos, Townhouses, Homes

Mililani Single Family Home Market Report December 2009:  We have 33 Active Listings from December 2009, with 22 in contract but still showing (Active Continue to Show status), 9 Pending (close to closing with loan approval) and 25 sold.  Mililani Single Family Home activity is picking up with the lower inventory of properties and multiple contracts submitted as well. Average Sales Prices were a bit lower than previous months at $639,952 with average days on market (actively on market before getting an accepted contract...and sold) about 103 days.

2009 Yearly Sales Data for Mililani Single Family Homes: There were 210 Mililani Single Family Homes sold during 2009 with sales prices ranging from $266,000 to $1,175,000 and Average Days on Market was 69 days.

Mililani Condo Statistics for December 2009: We still have 56 Active condos/townhouses on the market from December 2009, 32 Pending and 27 sold. Looks like our Mililani Condo/Townhouse market is still moving although slower than the single family homes sales in December 2009.  Sales Prices ranged from $165,800 to $501,000. Average days on market was 59 days.

2009 Yearly Sales Data for Mililani Condos/Townhouses: There were 210 Mililani Condos/Townhouses sold during 2009 with sales prices ranging from $165,800 to $501,000 with Average Days on Market 66 days.

During the holiday season Mililani Home Resales were still moving...unlike previous years during the holidays. Do you think we can attribute it to the extension of the First Time Homebuyer Credit? How about Military utilizing their VA Guaranteed Loans?

What do you think is going to happen when the extension runs out....again?

 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Celeste "Sally" Cheeseman is a Realtor-Associate 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 Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents.

Website: www.hawaiihomesmarket.com

Supporting Hawaii Local Businesses!

In 1971 the Mililani Condos and Homes prices were definitely a far cry away from the prices today. My parents bought their home back then for $48,000 and Mililani was in the beginning stages of a 40 year Master Planned Community. Today the land alone on my mom's property is worth over $500,000 for a bit over 9,000 sq/ft. of land. 

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 is Schofield Barracks (Army) and Wheeler AAF (Army), Hickam AFB and Pearl Harbor Navy Base is about 20-25 minutes down H-2 to H-1 Freeway. Kaneohe Marine Corp Air Station is up and over the H-3 Freeway.

Year to Date Market Report for Mililani Condos, Townhouses, Homes

Mililani Single Family Home Market Report YTD 2009:  We have 49 Active Listings Year to Date for 2009 with 31 in contract and 119 sold.  Mililani Single Family Home activity is picking up with more in contract for June 2009 (you can check out the report here>> Mililani Real Estate | Mililani Condos Homes | Market Report for June 2009). Sales Prices Ranged from $500,000 (2 bedrooms) to $830,000 (4 bedrooms). 

Mililani Condo Statistics for YTD 2009: There are 93 Active condos/townhouses on the market, 45  in contract and 130 sold for the period January to June of 2009. Looks like our Mililani Condo/Townhouse market is picking up with more units condos and accepted contracts.  Sales Prices ranged from $160,000 (1 bedroom condo) to $495,00 (2 bdrm luxury townhouse).   

Picture Above:  JUST SOLD! Recorded yesterday for Hawaii Relocation Clients on a Mililani Townhouse for $360,000.  From left, Ron & Zeny (clients),  Sally (me), and Bryon Tucker, Loan Officer for Everygreen Home Loans. Written permission given by clients and loan officer to use their picture :)

Other Mililani Info:

Mililani Recreation Centers and Fun for All Ages!   With SEVEN Recreation Centers there is fun for all ages. For Tiny Tots (18 mos. to 3 years) there is circle time, arts and crafts. Then there is Tai Chi, Karate, Yoga, Self Defense and Hula (Hawaiian Dance) for all ages. There is Movie Night and Teen Nights too! Homeowners can join in on plenty of activities in our community!  Mililani Recreation Centers

Assagio's Restaurant at the Town Center in Mililani  Assagio's in Mililani opened in 1994 and our family has enjoyed many meals over the years. Italian pasta dishes, linguini chicken anchovy olio to filet mignon; Assagio's is fine dining at its best! And if your preference is a  Ceasar salad it is prepared table side. 

Mililani Boasts Three Shopping Centers:  Mililani Town Center - 95-1249 Meheula Parkway , Mililani Shopping Center - 95-221 Kipapa Drive (where Century 21 Liberty Homes resides), and Mililani Marketplace - 94-780 Meheula Pkwy.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Celeste "Sally" Cheeseman is a Realtor-Associate 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 Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents. Website: www.hawaiihomesmarket.com

This past Friday, June 5th, 2009 we had our 2009 Summer GMM (General Membership Meeting) at the Hilton Hawaiian Village held by our Honolulu Board of Realtors. The theme was FRESH Tech Thinking and it was great to see many show up.

Classes, vendor fair, games, awards, luncheon, door prizes and recognitions. My BIC told me the big 'secret' before we attended the luncheon where they would annouce something grand.

Our Principal Broker/Owner, Douglas Fortner could not attend and we found out by the recognition speech that he recieved the REALTOR® Emeritus Status and they will announce it at the San Diego NAR Conference this November.

REALTOR® Emeritus Status:  Any person who has held membership in the National Association as a REALTOR®, REALTOR-ASSOCIATE®, or a combination of both, for a cumulative period of 40 years in one or more Associations of REALTORS® is eligible for REALTOR® Emeritus status.

Upon approval by the Board of Directors of the NATIONAL ASSOCIATION OF REALTORS®, no further payment of dues is necessary to the National Association by the Member Association of which the REALTOR® Emeritus is a member.  READ MORE  >>>> REALTOR® Emeritus Status