Edgewood Real Estate Market Continues Weakness in Price Cuts

Sales in the Edgewood market rose to 14 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 11 price reductions in the same time frame. The median sales price dropped to $384,500, down from last week's $397,000. With just two months of inventory available and sales going up, Edgewood is a definite seller's market.

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$234K   $399K   $479K  

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Demographic facts for Edgewood:

  • The population growth rating is 62. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $13.07/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (24.8%), 15-29 min (40.1%), 30-44 min (18.6%), 45-59 min (8.1%), >60 min (8.5%).

Data reported through 10/12/2016

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Ask a local expert about this area:
Best Choice Realty LLC
7 reviews
Century 21 NW Realty 253 332 7900
Snapped 5 homes in this area
Coldwell Banker Bain
Snapped 2 homes in this area

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