The prices in real estate in Mililani, in the Hawaii region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Mililani has fallen in the last 6 months. In September, the average price per sq.feet was $766. In October this price pretty much remained the same at a value of $729 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $747.5 to $712 per sq.feet. The price per sq.feet has had a considerable deflation of 77 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $729.75 to $563 during January, and February.
Based upon to the price in Mililani (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $628,675. In October This price remains at $640,684. In the following two months the average price has remained the same with regard to the previous two months from $634,679.5 to $622,304.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $664,042 they are 42 % more affordable than the average price for Mililani. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $664,798.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $578 / sq.feet, with an average $577 / sq.feet price in Mililani. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $604 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $664,042 it is 33 % cheaper than the average price in Mililani. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $871,940 it is 68 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $536 / sq.feet followed by "House" priced at $540 / sq.feet. "Condo" is the most costly type of property with a $588 / sq.feet cost followed by "Apartment" with an average price of $561 / sq.feet.