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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgewater is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Edgewater has remained a Seller's Market.

Key Takeaway

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

How much do homes in Edgewater, FL cost?

Median Sold Price

$310,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$65,750(+26.9%)

Key Takeaway

Homes in Edgewater have sold for 26.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $177.7K$220K
+23.8%
3 $249.9K$313.8K
+25.6%
4 $270.5K$334.5K
+23.7%
5+ $366K$463.7K
+26.7%

Median Sold Price Compared To Nearby Cities

Edgewater
+26.9%
New Smyrna Beach
+20.0%
Central Volusia
+10.5%

How many homes are available in Edgewater, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
6077+28.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1114
+27.3%
3 3549
+40.0%
4 1111
0.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
913+44.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edgewater, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days30 Days+48.7%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Edgewater, FL

Homes for sale in Edgewater, FL have reached 77. Between October 2022 and November 2022, Edgewater, FL real estate market has seen increase in the number of listings by 28.3%. Listings spent 30 days on the market in November 2022, and had a median list price of $310,000 during the same period. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 23.8%, the cost of 3 bedrooms properties went up by 25.6%, the cost of 4 bedrooms properties went up by 23.7%, the cost of 5 bedrooms properties went up by 26.7%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 27.3%, number of 3 bedrooms homes increased by 40%, number of 4 bedrooms homes remained the same, number of 5 bedrooms homes remained the same. While more than 3 listings in Edgewater, FL in November 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below.

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