The Edgewood market saw sales remain consistent with one home sold over the last 30 days and is also under a solid downward trend in the number of contracts closing, with this week's number falling to zero. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price jumped to $215,000 over the latest reporting period for Edgewood, up from $162,000. Edgewood is a strong buyer's market with 12 months of inventory to choose from, aided by the downturn in contracts.
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