$7,707 Closing Credit*
$649,000
1,324 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Realty
Is Mililani, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mililani has remained a Seller's Market.
Key Takeaway
Mililani is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mililani, HI
How much do homes in Mililani, HI cost?
Median Sold Price
$609,100
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,600(+3.9%)
Key Takeaway
Homes in Mililani have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Mililani was $609,100 in October 2024, up 3.9% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $392.2K | $385K | -1.8% |
| 2 Bedrooms | $509K | $496K | -2.6% |
| 3 Bedrooms | $763K | $731K | -4.2% |
| 4 Bedrooms | $1.0M | $1.0M | -2.1% |
| 5+ Bedrooms | $1.2M | $1.2M | +1.4% |
Summary: Mililani housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in Mililani, HI
How many homes are available in Mililani, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 175 | 195 | +11.4% |
Summary: The Mililani real estate market had 195 homes for sale in October 2024, a 11.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 15 | +15.4% |
| 2 Bedrooms | 75 | 81 | +8.0% |
| 3 Bedrooms | 61 | 66 | +8.2% |
| 4 Bedrooms | 24 | 29 | +20.8% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Mililani housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 51 | +54.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mililani, you may be able to get a good deal. 37.3% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Mililani in October 2024, up by 54.5% month-over-month. Of the 51 sold homes, 37% were sold under asking, 27% were sold at asking, and 35% were sold over asking.
Days on Market for Mililani, HI
How long does it take to sell a home in Mililani, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 35 Days | +71.6% |
Summary: Homes in Mililani had an average of 35 days on market in Oct 2024, up by 71.6% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mililani are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 51 homes were sold in Mililani; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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