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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgemoor is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Edgemoor was a Buyer's Market.

Key Takeaway

Edgemoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Edgemoor, FL

How much do homes in Edgemoor, FL cost?

Median Sold Price

$322,500

$386/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$15,000(-4.4%)

Key Takeaway

Homes in Edgemoor have sold for 4.4% less than they did a month ago.

Summary: The median home sold price in Edgemoor was $322,500 in October 2024, down 4.4% from last month, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $245K$280K
+14.3%
3 $430K$365K
-15.1%
4 --
N/A
5+ --
N/A

Summary: Edgemoor housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Edgemoor, FL

How many homes are available in Edgemoor, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2019-5.0%

Summary: The Edgemoor real estate market had 19 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 99
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Edgemoor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Edgemoor in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Sep 2024Oct 2024CHANGE
16 Days20 Days+25.0%

Summary: Homes in Edgemoor had an average of 20 days on market in Oct 2024, up by 25% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 4 homes were sold in Edgemoor; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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