Android emulator's GPS location gives wrong time

Question

I am testing an Android GPS tracking application in the Emulator and I am running into a problem when trying to figure out if the last known location is stale or not.
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Answer 1

This bug has been fixed in the ToT dev branch for API 26. We will cherry-pick this fix to other branches and hopefully the public available system images will see the bug fix in the near future.

If any issue persists, please report at Google issue tracker they will re-open to examine.

Answer 2

As discussed this appears to be a bug in the emulator (I was able to repeat it as well). I filed a bug report at https://code.google.com/p/android/issues/detail?id=27272 if anyone wants to add details, star it, and/or follow along.