The first Mililani Town homes were unveiled publicly with great fanfare in 1969 as the initial homeowners moved in, finally giving life to this community. The first town on Oahu to be completely master-planned, it marked a turning point in Hawaii.
Mililani Town real estate pointed the way to places like Kapolei, creating entirely new cities where none had existed before, instead of building in or on established residential areas.
The houses you'll find here are primarily middle-class varieties, a cap of two stories across most of them. If you're looking for a mansion or luxury property, this isn't the place to look. This is Hawaii's version of a suburb, though definitely a nice one.
You have space between you and your neighbors here and a yard to enjoy, usually on both the front and back. The sound of lawn mowers is very common on weekends here.
Carports and garages are also typical throughout, giving you not just guaranteed parking, but extra storage space if needed.
Up here in the heart of Oahu, on a plateau between the Koolau and Waianae ranges, the views are of the mountains soaring around you in incredible shades of green and the wide open skies, a result of the low-rise planning that set the template to allow that to remain.
This elevation also pushes the average temperature down, keeping you cooler than most other parts of Oahu.
Initially intended as more affordable, though certainly not lower-end, Mililani Town real estate quickly became more and more attractive for their extras and the family-friendly environment. That has resulted in prices that have climbed regularly.
As of this writing, Mililani Town homes list in the mid to high 6 figures and they sell quickly. Islanders know a good thing when they see one.
To make certain this place maintains the atmosphere that made it so attractive, homeowners must pay dues to the Mililani Town Association, which oversees the rules and guidelines that govern, among other things, the design of homes here. That makes it one of the few places in Hawaii you can count on to stay basically the same.
H-2 runs right beside the town, making the commute simpler and Mililani Town Centre has all the shopping options to take care of almost every one of your needs, and even a few things you don't.
The price range of houses for sale in Mililani Town is $648K to $13M with a median price of $760K, median interior of 1,989sf and median land size of 6,032sf.
The median price of houses sold in Mililani Town year-to-date (Jan - Apr 27, 2017) is $697K. In previous years it was $710K (2016), $679K (2015), $636K (2014), $610K (2013), $555K (2012), $560K (2011), $548K (2010), $527K (2009), $568K (2008), $582K (2007), $575K (2006), $531K (2005), $425K (2004), $355K (2003).
25 houses have sold in Mililani Town year-to-date (Jan - Apr 27, 2017). In previous years, the total number of houses sold were 119 (2016), 115 (2015), 95 (2014), 107 (2013), 105 (2012), 93 (2011), 97 (2010), 82 (2009), 110 (2008), 116 (2007), 125 (2006), 165 (2005), 168 (2004), 170 (2003).
On average Mililani Town houses were on the market for 46 days before they were sold (Jan - Apr 27, 2017). In previous years it was 70 days (2016), 73 days (2015), 72 days (2014), 65 days (2013), 55 days (2012), 65 days (2011), 58 days (2010), 72 days (2009), 59 days (2008), 64 days (2007), 53 days (2006), 36 days (2005), 40 days (2004), 48 days (2003).
The average days on market for Mililani Town houses before sold were 21 days March 2017 compared to 52 days March 2016.
The ratio of Mililani Town houses sales price vs list price were 99.7% March 2017 compared to 100.5% March 2016.
5 Mililani Town houses were sold March 2017 compared to 11 houses sold March 2016.
The total dollar volume of houses currently for sale in Mililani Town is $34.72M and the sold dollar volume year-to-date (Jan - Apr 27, 2017) is $17.68M. In previous years sold dollar volume was $85.06M (2016), $78.15M (2015), $61.46M (2014), $65.01M (2013), $59.08M (2012), $52.34M (2011), $53.59M (2010), $42.96M (2009), $63.31M (2008), $68.54M (2007), $74.01M (2006), $90.58M (2005), $71.31M (2004), $61.94M (2003).
The most recent sale in Mililani Town was a house located at 94-146 Puanane Loop, sold for $800K on Apr 20, 2017. It had 2068sf of interior. 9 other recent sales include: (880sf) sold for $646K on 4/20/2017. 95-575 Wailoa Loop (1,627sf) sold for $697K on 4/10/2017. 94-097 KEAHILELE Street (1,902sf) sold for $781K on 3/31/2017. 95-789 Maio Street (988sf) sold for $520K on 3/31/2017. 95-260 Kailiula Loop (1,407sf) sold for $640K on 3/31/2017. 95-205 Hokulea Place (1,428sf) sold for $650K on 3/24/2017. 94-434 Haiwale Loop (1,544sf) sold for $615K on 3/10/2017. 94-377 Leleaka Street (1,352sf) sold for $732K on 3/10/2017. 94-434 Nui Street (1,708sf) sold for $790K on 2/27/2017.
3 of the houses have ocean views, 1 has Diamond Head views and 7 have mountain views.