$485K  
On top of a 28.6% jump in sales over the last 30 days, the Edgemoor market extended a six-week hot streak with a total of nine homes sold in that span. At the same time that sales trended higher, months of inventory fell to three, its lowest point since October. The higher trending sales numbers and the relatively small amount of inventory drive home the fact that Edgemoor is a seller's market.
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$485K  
In this week's report, the number of homes sold in the Edgemoor market dropped to six over the past 30 days. It marked a decrease of 14.3% from last week's report and another period below the monthly average. Meanwhile, close-by Wilmington reported 74 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $115,750 over the latest reporting period for Edgemoor, up from $92,000.
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$485K  
Edgemoor is a city in Delaware. It's less affluent than average and the cost of living is average compared to the rest of the state, with a median income of $44,762 per household and cost of living adjustment score of 106.8. Homes in Edgemoor are older than most with a median age of 49 years. The best school in the city is Mount Pleasant Elementary School.
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$485K  
With a confirmed downward trend of new sellers listing homes, including six over the last 30 days, and sales that remained flat at six in that same time frame, the Edgemoor market will be slowing. As new listings trended lower, months of inventory continued to fall, trending downwards for four weeks to reach six months.
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$485K  
The Edgemoor market has established a confirmed upward trend, even as sales fell 14.3% this week to six homes over the last 30 days. The median sales price rose dramatically to $172,450, up from last week's $124,900. Edgemoor is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$147K  
The Edgemoor market took a break this week as sales fell to seven homes sold over the last 30 days. However, the number of homes under contract shows a recent upward trend, and is now at nine. The median sales price remained unchanged over the latest reporting period for Edgemoor, coming in at $124,900.
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$485K  
The Edgemoor market showed healthy signs this week as sales jumped 28.6% to reach nine homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, nearby Wilmington had 64 sales in the same time frame, the most of all neighboring cities. The median sales price of all transactions in Edgemoor did not budge this week, remaining at $124,900.
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$485K  
Over the last 30 days, the Edgemoor market showed strong improvement with seven homes sold. It marks a 40.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, Wilmington had 60 sales, the most of all cities in the area. Prices are rising in Edgemoor, and the median sales price this period increased from $103,000 to $124,900.
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$147K  
Sales in the Edgemoor market ticked up to five homes sold over the last 30 days, while the number of sellers reducing their list prices reached 19, which continues an extended upward trend in price reductions. Potential buyers should note that prices went up in Edgemoor, with the median for this period rising from $101,500 to $103,000. Even after the uptick in sales, an elevated nine months of inventory tells us that Edgemoor is still a strong buyer's market.
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$485K  
Edgemoor is a larger than average city in Delaware with 5,677 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of -7.0%. The Edgemoor market mostly consists of condos and townhouses, accounting for 39% of the current homes in the area. Heading the list of top schools in the city is Mount Pleasant Elementary School.
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