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 April 2023

At the same time last year, 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

$376,500

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+5.6%)

Key Takeaway

Homes in Edgemoor have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Edgemoor was $376,500 in April 2024, up 5.6% from last year, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $68.5K-
N/A
2 $318K$325K
+2.2%
3 $367K$405K
+10.4%
4 $457K$448.4K
-1.9%
5+ --
N/A

Summary: Edgemoor housing prices by bedroom type for April 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 increased by 10.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Mangrove Bay / Tanglewood
+21.8%
Edgemoor
+5.6%
North East Park
+5.2%
Fossil Park
+4.9%

Housing Supply in Edgemoor, FL

How many homes are available in Edgemoor, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1619+18.8%

Summary: The Edgemoor real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 47
+75.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Edgemoor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

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

Summary: A total of 4 homes were sold or pending in Edgemoor in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Apr 2023Apr 2024CHANGE
33 Days19 Days-41.7%

Summary: Homes in Edgemoor had an average of 19 days on market in Apr 2024, down by 41.7% compared to last year.

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 April 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 4 Days Ago

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