Over the past 3 years, an average of 25 fee simple condos sold per year in Molokai. This moderate sample size provides a reasonable view of market trends, but some variability may exist.
The Molokai graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Molokai Condos Market Summary (January '25 - December '25 vs January '24 - December '24)
Median Sales Price: $209,988 vs $290,000 — down 27.59%
Number of Sales: 28 vs 19 — up 47.37%
List-to-Sale Price Ratio: 92.31% vs 98.31% — down 6.10%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
