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| JUNE 2025 | |||
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| Zip Code(s): 21037 and 21140 | |||
| Units Sold 38 |
Active Inventory 64 |
Median Sale Price $747,500 |
Days On Market 38 |
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| Up 31% Vs. Year Ago |
Down -2% Vs. Year Ago |
Up Vs. Year Ago |
Up 46% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 38 sold this month in Edgewater Real Estate versus 32 last month, an increase of 19%. This month's total units sold was higher than at this time last year, an increase of 31% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 1 units or 2%. The total number of active inventory this June was 64 compared to 65 in June 2024. This month's total of 64 is lower than the previous month's total supply of available inventory of 72, a decrease of 11%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last June, the median sale price for Edgewater Homes was $560,000. This June, the median sale price was $747,500, an increase of $187,500 compared to last year. The current median sold price is higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 35 |
Current Contracts 32 |
Sold Vs. List Price 99.7% |
Months of Supply 1.7 |
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| Down -20% Vs. Year Ago |
Down -9% Vs. Year Ago |
Down -1.6% Vs. Year Ago |
Down -25% Vs. Year Ago |
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Months of Supply
In June, there was 1.7 months of supply available in Edgewater, compared to 2.2 in June 2024. That is a decrease of 25% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 35 homes newly listed for sale in Edgewater compared to 44 in June 2024, a decrease of 20%. There were 32 current contracts pending sale this June compared to 35 a year ago. The number of current contracts is 9% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Edgewater was 99.7% of the average list price, which is 1.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 38, higher than the average last year, which was 26, an increase of 46%. | |||
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Edgewater are defined as properties listed in zip code/s 21037 and 21140. | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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