$1,888 Closing Credit*
$159,000
2 Beds
•2 Full Baths
Vivian Estrada, Listing Office: RE/MAX - City Centre Realty
Is Edgewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Edgewood was a Seller's Market.
Key Takeaway
Edgewood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Edgewood, FL
How much do homes in Edgewood, FL cost?
Median Sold Price
$600,000
$411/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$95,000(+18.8%)
Key Takeaway
Homes in Edgewood have sold for 18.8% more than they did a month ago.
Summary: The median home sold price in Edgewood was $600,000 in October 2024, up 18.8% from last month, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $440K | - | N/A |
| 3 Bedrooms | $552.5K | $900K | +62.9% |
| 4 Bedrooms | $477.5K | $557.5K | +16.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Edgewood 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 did not change, 3 bedroom homes increased by 62.9%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes did not change.
Housing Supply in Edgewood, FL
How many homes are available in Edgewood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Edgewood real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Edgewood 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Edgewood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Edgewood in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Edgewood, FL
How long does it take to sell a home in Edgewood, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 106 Days | +69.9% |
Summary: Homes in Edgewood had an average of 106 days on market in Oct 2024, up by 69.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Edgewood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Edgewood; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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