Is Edgewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Edgewood has remained a Seller's Market.
Housing Prices in Edgewood, FL
How much do homes in Edgewood, FL cost?
Median Sold Price
$500,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Edgewood was $500,000 in June 2024, up 16.8% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151K | $157.5K | +4.3% |
2 Bedrooms | $195K | $222K | +13.8% |
3 Bedrooms | $390K | $446.2K | +14.4% |
4 Bedrooms | $523.9K | $521.4K | -0.5% |
5+ Bedrooms | $742.5K | $651.5K | -12.3% |
Summary: Edgewood housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Cities
Belle Isle | $503.7K | $595K | +18.1% |
Edgewood | $428K | $500K | +16.8% |
Orlando | $370K | $385.5K | +4.2% |
Housing Supply in Edgewood, FL
How many homes are available in Edgewood, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
22 | 19 | -13.6% |
Summary: The Edgewood real estate market had 19 homes for sale in June 2024, a 13.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Edgewood housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Edgewood in June 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
37 Days | 53 Days | +43.7% |
Summary: Homes in Edgewood had an average of 53 days on market in Jun 2024, up by 43.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Edgewood; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.