$10,000 Closing Credit*
$1,000,000
1,390 SqFt
3 Beds
•2 Full Baths
Listing Office: Marcus Realty
Is Mililani, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$610,000
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,333(+3.4%)
Key Takeaway
Homes in Mililani have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Mililani was $610,000 in November 2024, up 3.4% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $387.2K | $388.2K | 0.3% |
| 2 Bedrooms | $510K | $495K | -2.9% |
| 3 Bedrooms | $765K | $747.5K | -2.3% |
| 4 Bedrooms | $1.0M | $1.0M | -2.3% |
| 5+ Bedrooms | $1.2M | $1.2M | 0.5% |
Summary: Mililani housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Mililani, HI
How many homes are available in Mililani, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 190 | 173 | -8.9% |
Summary: The Mililani real estate market had 173 homes for sale in November 2024, a 8.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 15 | 0.0% |
| 2 Bedrooms | 81 | 75 | -7.4% |
| 3 Bedrooms | 61 | 51 | -16.4% |
| 4 Bedrooms | 29 | 28 | -3.4% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Mililani housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 29 | -44.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mililani, expect to pay close to the asking price. 37.9% of homes here sold near the asking price last month.
Summary: A total of 29 homes were sold or pending in Mililani in November 2024, down by 44.2% month-over-month. Of the 29 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 31 Days | -4.6% |
Summary: Homes in Mililani had an average of 31 days on market in Nov 2024, down by 4.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 29 homes were sold in Mililani; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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