Is Edgewater, FL 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, FL
How much do homes in Edgewater, FL cost?
Median Sold Price
$316,750
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Edgewater was $316,750 in April 2024, up 0.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $122K | +43.5% |
2 Bedrooms | $246.5K | $246K | -0.2% |
3 Bedrooms | $318.6K | $320K | 0.4% |
4 Bedrooms | $354K | $378.2K | +6.9% |
5+ Bedrooms | $392.4K | $463.4K | +18.1% |
Summary: Edgewater housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.5%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 18.1%.
Median Sold Price Compared To Nearby Cities
Central Volusia | $435.6K | $459.9K | +5.6% |
Edgewater | $315K | $316.7K | +0.6% |
New Smyrna Beach | $439.4K | $435K | -1.0% |
Housing Supply in Edgewater, FL
How many homes are available in Edgewater, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
219 | 223 | +1.8% |
Summary: The Edgewater real estate market had 223 homes for sale in April 2024, a 1.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 42 | 39 | -7.1% |
3 Bedrooms | 118 | 114 | -3.4% |
4 Bedrooms | 48 | 58 | +20.8% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Edgewater 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 7.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 49 | +44.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Edgewater in April 2024, up by 44.1% month-over-month. Of the 49 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 43 Days | -29.4% |
Summary: Homes in Edgewater had an average of 43 days on market in Apr 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Edgewater; 49% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.