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 April 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
$615,940
$681/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mililani Mauka - Launani Valley have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Mililani Mauka - Launani Valley was $615,940 in April 2024, up 2.8% from last year, and the median price per square foot was $681.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $394K | $416K | +5.6% |
| 2 Bedrooms | $530.5K | $537K | +1.2% |
| 3 Bedrooms | $940K | $897K | -4.6% |
| 4 Bedrooms | $1.3M | $1.5M | +15.4% |
| 5+ Bedrooms | $1.8M | - | N/A |
Summary: Mililani Mauka - Launani Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pearl City | $840K | $880K | +4.8% |
| Mililani Mauka - Launani Valley | $599K | $615.9K | +2.8% |
| Kahaluu | $1.0M | $895K | -12.7% |
Housing Supply in Mililani Mauka - Launani Valley, HI
How many homes are available in Mililani Mauka - Launani Valley, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Summary: The Mililani Mauka - Launani Valley real estate market had 43 homes for sale in April 2024, a 12.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 27 | 20 | -25.9% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mililani Mauka - Launani Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25.9%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mililani Mauka - Launani Valley, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Mililani Mauka - Launani Valley in April 2024, down by 22.2% month-over-month. Of the 14 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.
Days on Market for Mililani Mauka - Launani Valley, HI
We’re sorry, we don't have information for this market at the moment
