Is Edgewater, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Edgewater was a Seller's Market.
Housing Prices in Edgewater, CO
How much do homes in Edgewater, CO cost?
Median Sold Price
$645,000
$503/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Edgewater was $645,000 in March 2024, down 9.8% from last year, and the median price per square foot was $503.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $339.9K | +23.6% |
2 Bedrooms | $569.9K | $536K | -6.0% |
3 Bedrooms | $715K | $650K | -9.1% |
4 Bedrooms | $842K | $708K | -15.9% |
5+ Bedrooms | $750K | $899K | +19.9% |
Summary: Edgewater housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Cities
Lakewood | $563.6K | $581.9K | +3.2% |
Northeast Jefferson | $599.9K | $604.8K | +0.8% |
Denver | $606.3K | $588K | -3.0% |
Wheat Ridge | $658.2K | $630K | -4.3% |
Edgewater | $715.3K | $645K | -9.8% |
Housing Supply in Edgewater, CO
How many homes are available in Edgewater, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Summary: The Edgewater real estate market had 13 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Edgewater housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Edgewater in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Edgewater, CO
How long does it take to sell a home in Edgewater, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 11 Days | -63.5% |
Summary: Homes in Edgewater had an average of 11 days on market in Mar 2024, down by 63.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Edgewater; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.