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Mililani, HI Housing Market Trends
In June 2025, Mililani Town's housing market saw a 9.5% decline in median home prices, dropping to $905K, suggesting a market correction or shift in buyer demand. Homes took slightly longer to sell, averaging 75 days on the market compared to 71 days last year, reflecting more cautious buyer behavior. With sales volume nearly unchanged—16 homes sold this year versus 17 last year—the market remained stable in activity but signaled softening conditions in pricing and absorption rates.
Mililani Town is a somewhat competitive market, with homes typically selling in about 72.5 days and occasional listings receiving multiple offers. Most homes close at around list price, indicating balanced expectations between buyers and sellers. However, hot homes—especially those in desirable locations or in turnkey condition—can still generate strong interest, selling for up to 2% above asking and going pending in as few as 44 days, reflecting selective competitiveness in an otherwise moderate-paced market.
Mililani, HI was a seller’s market in June 2025, indicating that buyer demand outpaced the available housing supply. This imbalance gave sellers the advantage, leading to quicker transactions and homes generally selling at or near list price. While prices declined slightly and days on market increased, the limited inventory still created competition for well-priced, move-in-ready homes. Sellers who positioned their properties effectively continued to attract serious interest, maintaining leverage despite broader market adjustments.
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