Is Edgemoor, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgemoor is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Edgemoor was a Seller's Market.

Key Takeaway

Edgemoor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Edgemoor, FL

How much do homes in Edgemoor, FL cost?

Median Sold Price

$340,000

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$31,500(-8.5%)

Key Takeaway

Homes in Edgemoor have sold for 8.5% less than they did a year ago.

Summary: The median home sold price in Edgemoor was $340,000 in November 2024, down 8.5% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $68.5K-
N/A
2 $315.5K$322.4K
+2.2%
3 $400K$400K
0.0%
4 $516K$425K
-17.6%
5+ --
N/A

Summary: Edgemoor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North East Park
+7.4%
Edgemoor
-8.5%
Placido Bayou
-11.3%
Fossil Park
-11.9%

Housing Supply in Edgemoor, FL

How many homes are available in Edgemoor, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1927+42.1%

Summary: The Edgemoor real estate market had 27 homes for sale in November 2024, a 42.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 711
+57.1%
4 13
+200.0%
5+ 01
+100.0%

Summary: The Edgemoor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edgemoor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Edgemoor in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Edgemoor, FL

How long does it take to sell a home in Edgemoor, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days50 Days+58.3%

Summary: Homes in Edgemoor had an average of 50 days on market in Nov 2024, up by 58.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Edgemoor are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Edgemoor; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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