Is Edgewater, FL 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, FL
How much do homes in Edgewater, FL cost?
Median Sold Price
$315,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Edgewater was $315,000 in March 2024, down 0.1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $122K | +43.5% |
2 Bedrooms | $250K | $244.9K | -2.0% |
3 Bedrooms | $318.6K | $317.3K | -0.4% |
4 Bedrooms | $354K | $380.2K | +7.4% |
5+ Bedrooms | $401.4K | $383.9K | -4.4% |
Summary: Edgewater housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.5%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
Central Volusia | $424.1K | $477K | +12.5% |
Edgewater | $315.3K | $315K | -0.1% |
New Smyrna Beach | $439.6K | $433.5K | -1.4% |
Housing Supply in Edgewater, FL
How many homes are available in Edgewater, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
205 | 233 | +13.7% |
Summary: The Edgewater real estate market had 233 homes for sale in March 2024, a 13.7% 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 | 52 | 48 | -7.7% |
3 Bedrooms | 107 | 127 | +18.7% |
4 Bedrooms | 38 | 48 | +26.3% |
5+ Bedrooms | 7 | 9 | +28.6% |
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 decreased by 7.7%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Edgewater in March 2024, up by 14.3% month-over-month. Of the 32 sold homes, 81% were sold under asking, 13% were sold at asking, and 6% were sold over asking.
Days on Market for Edgewater, FL
How long does it take to sell a home in Edgewater, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 90 Days | +67.4% |
Summary: Homes in Edgewater had an average of 90 days on market in Mar 2024, up by 67.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Edgewater; 41% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.