Mililani, HI

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

Mililani real estate is beginning to pick up again. We are still seeing good real estate activity in the Mililani area. The market is beginning to shift back to a seller's market for the first time in awhile. Inventory levels are a fraction of what they were even a few months ago.

A few dynamics in the area: Castle and Cooke have almost finished selling the new homes in Mililani Mauka. We are continuing to see troop movements at Schofield Barracks, which is contributing to the movement of inventory in Mililani. Many troops returned for Iraq and Afghanistan putting pressure on the rental market and entry level property sales.

Single Family Homes (resale): Average sales prices in Mililani Town and the valleys stayed are down from the same time last year. Although we are seeing things pick up within the planned community of Mililani Town, the valleys are still sluggish. Mililani Mauka has seen average sale prices begin to increase the last couple of months. The inventory levels have dropped lower than we have seen in a long time in Mililani Mauka and in Mililani Town, which are putting pressures on the prices.

Buyers will find this to be a great time to get in the market.

• Prices have stabilized and are seeing pressure to increase.
• Interest rates are at historic low levels.
• Federal tax credits have been extended for first time buyers and are now available to all buyers that meet the income requirements (most buyers)

Sellers will find this a great time to list their home.

• Inventory levels are low giving them less competition.
• Buyers have incentives to buy now.
• Prices have stabilized.

Condo and Townhouses (resale): Sales volume and average sales prices in Mililani Town and the Valleys are picking up. Although they are down from this time last year, with the lowered inventory levels we are seeing things picking up the last 3 or 4 months. The valleys are not seeing as much activity as within the planned community, but as the inventory levels have dropped in Mililani Town and Mililani Mauka buyers are beginning to look in the valleys again for value.

Currently Active for Sale (November 17, 2009):

• 31 Single Family Homes - Mililani Area
• 12 Single Family Homes - Mililani Mauka
• 55 Condos/ Townhouses - Mililani Area
• 15 Condos/ Townhouses - Mililani Mauka

Currently in Escrow (November 17, 2009):

• 24 Single Family Homes - Mililani Area
• 23 Single Family Homes - Mililani Mauka
• 39 Condos/ Townhouses - Mililani Area
• 16 Condos/ Townhouses - Mililani Mauka

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

©2009 Randy L. Prothero

We represent our clients best interests. THAT is my first and foremost priority when strategizing the sale of a home. In Strategic Planning + Hard Work = Property IN CONTRACT my planning turned out to be a big positive and the townhouse was in contract by day ONE after the Open House. With 50+ guests to view the Mililani Townhouse for Sale there was no doubt in my mind that all efforts paid off.

But by the third day in contract the buyer's agent politely calls to inform us that they are backing out. No home inspection yet either. "The wife didn't really like it" was the reason....but hey......

.....I'd rather find out quickly rather weeks down the line.

At last Sunday's Open House the guest sign in sheets were filled out completely with guest, name of agent and so forth. I had also made notes on the side of the guests (i.e. very interested and said their agent would be contacting me) so I would remember who they were.

So when the contract fell out I hopped on the phone and within the hour had called five agents with the interested clients from the Open House. They were so excited and the following day received four contracts. We are now back in contract and have a back up offer besides.

Always have a backup plan.

Because as we all know it's never for sure....until it records.

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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!

Bob Stewart has some great ideas when it comes to a community challenge and the current one on Using Your Blog To Enhance Existing Relationships got my blogging juices running. His Theme?

How are you using your blog to enhance your existing relationships with clients and prospects?

The most important part of my ActiveRain blog is my Profile Page. Yeah, we all insert some information about ourselves and what we will do for our clients. But what sets my blog apart from others? A while back I decided to make my profile page a ‘one stop shop' for all posts that I had written for the Hawaii Relocations and Real Estate. A Relocation Packet for the consumer.

My Profile page gave the consumer all the information they needed to get started to learn about Hawaii the State, Local Area History, Businesses around my area, Points of Interest. I included basically ALL things Real Estate including market reports, community information and information for buyers and sellers. Of course I couldn't fit all nine hundred + posts I've written on ActiveRain over the years but I did a good job of focusing on my niche area.

‘It's not just about real estate...

it's about the community and making their transition just a little bit easier.'

Hawaii is in the middle of the Pacific Ocean and many of my buyers are Military Relocating to Hawaii and other Hawaii Relocations. I have to rely on my websites and blogs to keep them interested and eventually email or call me.

Updating and Creating: Update, create, update, create. It's a lot of work but hey...it's well worth the results. Old news does not keep a reader engaged. My blog is a continuously moving ad and constantly updating my blog and website with FRESH content will keep me on the first page of Google with many keywords for my niche market. (My Website is my own creation and I can keep it fresh because I don't have to rely on others to do it)

My ActiveRain Outside Blog: My outside blog is a great additional tool (extended from ActiveRain) and all you have to do is subscribe, pick your own domain name, update your theme and add links and so forth. All the rest is transferred over to www.cheesemanhomes.com from my ActiveRain blog when I choose to publish public and consumer posts to my outside blog. I currently have the link to my outside blog in my signature for emails as well.

MY OUTSIDE BLOG IS A NEWSLETTER IN ITSELF!

Connnect to Facebook and Twitter and all my public posts are linked directly in as well.

Creativity and Using My Own Voice: There is nothing better than a reader reading something and they can "feel" the writer in the story. You could be writing a great localism post about the history of your area or real estate related material. If you are ‘talking' at them instead of ‘talking' with them they won't listen. So I write the same way. I write as if I'm walking with them and talking with them.

It's a conversation that is continuously moving with words.

Pictures, Virtual Tours and Video: Pictures that are tastefully inserted into my article or post shows the reader the area I live in and enhances my blog tenfold. I happen to think it's my blog's best trait for visual appeal. I enhance my blog further with video and virtual tours from www.realestateshows.com. Real Estate Shows is my all time favorite for listings, tours around Hawaii and anything I want to use it for...including inserting a show in the PHOTO GALLERY on my website.

Local Area and Business Posts: What better way to engage my readers than showing them I am the local area expert by writing about Hawaii history, sites, businesses and neighborhoods? Real Estate is talking about ALL THINGS REAL ESTATE and if you are your local area expert you show them you have information by writing about everything in your community. www.localism.com is another part of ActiveRain where you can ‘sponsor' your local areas and connect with businesses in your area as well.

Utilizing all the ActiveRain challenges and writing my best industry related posts is the best part of ENHANCING those RELATIONSHIPS. Another recent challenge by Bob Stewart and his 1000 Point Challenge For The Rest Of Our Members.....'The Series' which allowed me to redo my HAWAII HOMES MARKET RELOCATION AND REAL ESTATE INFORMATION ONLINE and currently put the first three parts (links) on my MILITARY/VA Information page of my website.

• Hawaii Military Relocation | YOUR Military Move to Hawaii PART I Loads of information on the bases around the island of Oahu (which is Honolulu County) and getting your pets ready, the diversity of Hawaii, living on an island paradise with little buildable land (therefore, smaller homes) and so forth.
• Hawaii Honolulu Military Relocation -Part II of the Series on YOUR Military Move to Hawaii we discussed options on renting, buying or living on Base Housing and gave you a chart on Honolulu County 2009 BAH so you know what to expect for your Honolulu County Housing Allowance.
• Hawaii Military Relocation| PART III on YOUR Military Move to Hawaii | Hawaii Home Buyers VA Loans Your To Do List in getting ready for your Hawaii Home Buying Process is the next step in being proactive in your Hawaii Military Relocation. Starting your Hawaii VA Loan Process before you even arrive will make the process time shorter once you get into contract.

My efforts have informed many about all aspects of the Real Estate Industry including but not limited to Real Estate Transactions and Information, examples of real estate trials and tribulations, Hawaii Local Area History, Sites, information on relocations across the Pacific, Neighborhoods, City, Points of Interest, Businesses, Entertainment and more.

And all was obtained by communicating my thoughts through....blogging.

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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!

Mililani Real Estate and Housing Market Report for September 2009

In 1971 the Mililani Condos and Homes prices were definitely a far cry away from the prices today. Recently, our Mililani Real Estate Market has picked up with the lower inventory for single family homes, condos and townhouses available.

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.

September 2009 Market Report for Mililani Condos, Townhouses, Homes

Mililani Single Family Home Market Report September 2009: We had 43 Active Listings with 14 in contract and 20 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 higher than previous months topping at $675,500 with average days on market (actively on market before getting an accepted contract...and sold) about 64 days.

Mililani Condo Statistics for September 2009: We had 67 Active condos/townhouses on the market, 48 in contract and 23 sold for the period of September 2009. Looks like our Mililani Condo/Townhouse market has picked up with more units condos and accepted contracts. Sales Prices ranged from $206,000 (1 bedroom condo), $289,900 (two bedroom townhouses) to $385,00 (3 bdrm townhouses). Average days on market (the days on the market before an accepted contract and sold) was 78.

Honolulu County Real Estate Market Report- September 2009

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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!

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