$7,066 Closing Credit*
$595,000
954 SqFt
2 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Mililani Mauka - Launani Valley, 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 Mauka - Launani Valley has remained a Seller's Market.
Key Takeaway
Mililani Mauka - Launani Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mililani Mauka - Launani Valley, HI
How much do homes in Mililani Mauka - Launani Valley, HI cost?
Median Sold Price
$570,000
$677/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,500(-0.4%)
Key Takeaway
The sold price of homes in Mililani Mauka - Launani Valley has remained the same since last year.
Summary: The median home sold price in Mililani Mauka - Launani Valley was $570,000 in October 2024, down 0.4% from last year, and the median price per square foot was $677.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | $415K | 0.0% |
| 2 Bedrooms | $535K | $518.5K | -3.1% |
| 3 Bedrooms | $974.9K | $732K | -24.9% |
| 4 Bedrooms | $1.4M | $1.4M | +5.4% |
| 5+ Bedrooms | $1.8M | $2.0M | +13.4% |
Summary: Mililani Mauka - Launani Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 24.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Kahaluu | $885K | $940K | +6.2% |
| Pearl City | $870K | $900K | +3.4% |
| Mililani Mauka - Launani Valley | $572.5K | $570K | -0.4% |
Housing Supply in Mililani Mauka - Launani Valley, HI
How many homes are available in Mililani Mauka - Launani Valley, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 60 | +20.0% |
Summary: The Mililani Mauka - Launani Valley real estate market had 60 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 20 | 23 | +15.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mililani Mauka - Launani Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mililani Mauka - Launani Valley, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Mililani Mauka - Launani Valley in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Mililani Mauka - Launani Valley, HI
How long does it take to sell a home in Mililani Mauka - Launani Valley, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +79.9% |
Summary: Homes in Mililani Mauka - Launani Valley had an average of 39 days on market in Oct 2024, up by 79.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mililani Mauka - Launani Valley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Mililani Mauka - Launani Valley; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
