Wailuna is a condo with a mix of fee simple and leasehold units. Consequently, a performance graph specific to Wailuna may be less indicative of market trends. Therefore, the graph above depicts the fee simple performance of Wailuna condos, offering a more meaningful representation of the surrounding market.
Wailuna Market Summary (January '25 - December '25 vs January '24 - December '24)
Median Sales Price: $770,000 vs $796,000 — down 3.27%
Number of Sales: 7 vs 4 — up 75.00%
List-to-Sale Price Ratio: 98.72% vs 100.13% — down 1.41%
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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.