Is Edgewater, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Edgewater has remained a Seller's Market.
Housing Prices in Edgewater, CO
How much do homes in Edgewater, CO cost?
Median Sold Price
$620,000
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Edgewater was $620,000 in April 2024, down 13.3% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $351.2K | N/A |
2 Bedrooms | $557.9K | $581K | +4.1% |
3 Bedrooms | $691K | $623.5K | -9.8% |
4 Bedrooms | $851K | $595K | -30.1% |
5+ Bedrooms | $717.5K | $1.4M | +108.4% |
Summary: Edgewater 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 4.1%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 30.1%, and 5+ bedroom homes increased by 108.4%.
Median Sold Price Compared To Nearby Cities
Northeast Jefferson | $609.6K | $624.9K | +2.5% |
Lakewood | $588.2K | $600.6K | +2.1% |
Wheat Ridge | $678.5K | $668.7K | -1.4% |
Denver | $650.3K | $628.2K | -3.4% |
Edgewater | $715K | $620K | -13.3% |
Housing Supply in Edgewater, CO
How many homes are available in Edgewater, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 22 | +175.0% |
Summary: The Edgewater real estate market had 22 homes for sale in April 2024, a 175.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 1 | 9 | +800.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Edgewater housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 800%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 9 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Edgewater in April 2024, up by 100.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 18 Days | -70.6% |
Summary: Homes in Edgewater had an average of 18 days on market in Apr 2024, down by 70.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Edgewater; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.