About Mililani Mauka's Real Estate
Homes in Mililani Mauka is located in the newest section of Mililani, with development that began in the early 1990s. Located in Central Oahu, this is a well-planned suburban community that features wide roads with pedestrian-friendly lanes and sidewalks and whose neighborhoods feature attractive single-family homes, townhouses and condominiums. Parks, community recreation centers and pools are located throughout the neighborhoods, along with walking/jogging paths and golf courses nearby. Mililani Mauka, named because it’s on the mountain (mauka) side of the H-2 freeway, offers a convenient location. Depending on traffic, it’s a 30-45 minute commute into downtown honolulu, 20-30 minute drive to Pearl Harbor, 5 minutes to Schofield Army Base, and 20 minutes to Oahu’s North Shore beaches,
Aside from the central location, Mililani Mauka home owners enjoy easy access to the major shopping centers in Mililani with stores like WalMart, Ross, City Mill and Starbucks, as well as grocery stores, pharmacies, fitness centers, a theater, restaurants and a well-appointed medical center. Directly in Mililani Mauka, The Gateway shopping center is home to Long’s Drug Store, casual restaurants and a gas station. This community is also home to one of Oahu’s best public school districts, which is one reason it’s become such a hot spot for young families. The lush tropical vegetation and amenities that come with living in a newer development add to its appeal.
Mililani Mauka homes are more modern in their design and architecture than most homes on Oahu. Houses here were built starting in the early 1990s through 2007 and feature aesthetically-pleasing facades. There are a variety of one and two story homes, most of which have 3 or 4 bedrooms and 1,500 - 2,500 sq ft. You can find more spacious homes as well, with up to 3,000 sq ft, roomy living areas and nicely-sized bedrooms. Cathedral ceilings are a common architectural element, which accentuates the open floor plans of many homes in this area. Newer homes enjoy modern amenities like Corian or granite countertops, stainless steel appliances and central A/C. In addition, the majority of Mililani Mauka homes have a garage for secure parking and storage.
While you can find large yards, in the 9,000 - 12,000 sq ft range, most homes in Mililani Mauka sit on small to medium-sized plots with 5,000 - 6,000 sq ft or less. Many of the yards have been nicely landscaped and consistent rainfall keeps the yards lush and green throughout the year.
Buyers looking for a newer home in a well-designed community should take a close look at Mililani Mauka. The central location makes it easy to get around the island, large shopping centers are close by, and there’s a large percentage of young families drawn to the strong schools and recreation opportunities available for children. Mililani Mauka is a great place to settle into a home!
Newer homes similar to those in Mililani Mauka can be found in Kapolei or Ewa Beach.
Mililani Mauka Houses - Trends & Statistics
The price range of houses for sale in Mililani Mauka is $679K to $999K with a median price of $919K, median interior of 2,211sf and median land size of 5,701sf.
The median price of houses sold in Mililani Mauka year-to-date (Jan 17, 2017) is $902K. In previous years it was $832K (2016), $758K (2015), $783K (2014), $739K (2013), $670K (2012), $631K (2011), $654K (2010), $641K (2009), $660K (2008), $690K (2007), $664K (2006), $626K (2005).
2 houses have sold in Mililani Mauka year-to-date (Jan 17, 2017). In previous years, the total number of houses sold were 108 (2016), 101 (2015), 106 (2014), 101 (2013), 115 (2012), 99 (2011), 103 (2010), 109 (2009), 118 (2008), 168 (2007), 176 (2006), 156 (2005).
On average Mililani Mauka houses were on the market for 131 days before they were sold (Jan 17, 2017). In previous years it was 77 days (2016), 82 days (2015), 66 days (2014), 63 days (2013), 56 days (2012), 56 days (2011), 50 days (2010), 59 days (2009), 62 days (2008), 58 days (2007), 52 days (2006), 30 days (2005).
The average days on market for Mililani Mauka houses before sold were 74 days December 2016 compared to 91 days December 2015.
The ratio of Mililani Mauka houses sales price vs list price were 99.7% December 2016 compared to 97.7% December 2015.
9 Mililani Mauka houses were sold December 2016 compared to 14 houses sold December 2015.
The total dollar volume of houses currently for sale in Mililani Mauka is $2.59M and the sold dollar volume year-to-date (Jan 17, 2017) is $1.8M. In previous years sold dollar volume was $91.2M (2016), $78.6M (2015), $84.64M (2014), $73.52M (2013), $79.35M (2012), $65.57M (2011), $69.88M (2010), $73.13M (2009), $79.83M (2008), $120.06M (2007), $122.12M (2006), $101.63M (2005).
The most recent sale in Mililani Mauka was a house located at 95-1121 Milia Street, sold for $825K on Jan 09, 2017. It had 2206sf of interior. 9 other recent sales include: 95-220 Hoaluhi Place (2,453sf) sold for $980K on 1/4/2017. 95-1008 Hookowa Street (2,023sf) sold for $835K on 12/30/2016. 95-1007 Hookanahe Street (1,624sf) sold for $784K on 12/29/2016. 95-1003 Alakaina Street (2,662sf) sold for $875K on 12/28/2016. 95-1090 Hakala Street (1,071sf) sold for $666K on 12/21/2016. 95-1040 Lahui Street (1,407sf) sold for $769K on 12/16/2016. 95-1043 Palamoa Street (1,337sf) sold for $699K on 12/6/2016. 95-1088 INANA Street (2,685sf) sold for $1.16M on 12/2/2016. 95-1011 Molakea Street (1,369sf) sold for $775K on 12/2/2016.