Edgewood Real Estate Market Extends Weakness in Price Cuts

This week in the Edgewood market, sales fell to 27 homes sold over the last 30 days, coinciding with an established downward trend in price reductions, with 45 in the same time frame. There are four months of inventory remaining in Edgewood, and the market is swinging toward the buyer, especially since the median sales price dropped to $154,900 this week.

Want a more traditional home in Edgewood? Then start your search with these listings that were built before most others in the market:

$345K   $170K   $139K  

Get started right now by checking out Edgewood homes for sale or reviewing Edgewood real estate trends.

Demographic facts about Edgewood:

  • The affordability rating is 51. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 47.4 inches per year. (U.S. average: 36.5)
  • The income per capita in this area is $23,687.
  • The school rating in this area is 46. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

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Keller Williams Realty Centre
103 reviews
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Snapped 7 homes in this area
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