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Mililani, Hawaii Real Estate Sales Activity for May 2007

Mililani Sign

This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.

The Mililani real estate market has flattened, but it is still moving strong. We are still seeing good real estate activity in the Mililani area. With low interest rates and a little more inventory, buyers are still able to buy the home of their dreams.

For the Month of May 31, 2007

Single Family Homes - Sold

Number of Sales

Average Sales Price

Area

2007

2006

% Change

2007

2006

% Change

Mililani Area

(Mililani Town, Launani Valley and Waipio Acres)

19

15

+26.67%

$568,421

$578,400

-1.73%

Mililani Mauka

19

22

-13.64%

$706,531

$659,854

+7.07%

Year to Date Through May 31, 2007

Single Family Homes - Sold

Number of Sales

Average Sales Price

Area

2007

2006

% Change

2007

2006

% Change

Mililani Area

(Mililani Town, Launani Valley and Waipio Acres)

61

61

-

$556,909

$582,549

-4.40%

Mililani Mauka

67

70

-4.29%

$709,179

$698,740

+1.49%

For the Month of May 31, 2007

Condos and Townhouses - Sold

Number of Sales

Average Sales Price

Area

2007

2006

% Change

2007

2006

% Change

Mililani Area

(Mililani Town, Launani Valley and Waipio Acres)

35

29

+20.69%

$342,982

$304,786

+12.5%

Mililani Mauka

16

18

-12.5%

$304,143

$346,305

-12.17%

-Year to Date Through May 31, 2007

Condos and Townhouses - Sold

Number of Sales

Average Sales Price

Area

2007

2006

% Change

2007

2006

% Change

Mililani Area

(Mililani Town, Launani Valley and Waipio Acres)

142

159

-10.69%

$312,435

$297,130

+5.15%

Mililani Mauka

62

81

-25.46%

$345,367

$350,974

-1.16%

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.

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Posted Tuesday Jun 05

Now this is a REAL report...with stats, and links to INFO about the area of topic!  Good one Randy!

Sally - Mahalo!

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