Edgewater is located just South of Annapolis and offers homes in all styles and sizes. With its easy access to the water, parks, golf, shopping and commuter routes Edgewater is a great location for an easy living lifestyle.
So what is happening with the Edgewater marketplace? Foreclosures and short sales are holding steady with no increase in available inventory and they only accounted for 9% of the sales in June. Edgewater sales remained steady compared to the previous month. Closing assistance by seller to buyer continues with 20 out of 33 sales taking place. On average Edgewater homes are selling for 93.33% of their asking price. Months of inventory continues to decrease.
Edgewater Market Report for June 2012
Active Homes for Sale
31 are Waterfront
24 are Townhouses or Condos
5 are Foreclosures (Same)
21 are Short Sales (Same)
75 homes are Under Contract
9 are Waterfront
5 are Townhouses or Condos
7 are Foreclosures (Up by 3)
22 are Short Sales (down by 5)
Homes Sold In June
32 homes sold in the month of June
6 were Waterfront
7 were Townhouses or Condos
1 was a Foreclosure (Down by 1)
2 were a Short Sale (Down by 5)
0-4 months is considered a Sellers Market
5-6 months is considered a Normal Market
7 months and above is considered a Buyers Market
Click here to view all Edgewater homes for sale
As an Annapolis Area Real Estate Agent
I know the market in Edgewater
Edgewater Market Report for January 2012
Edgewater Market Report for February 2012
Edgewater Market Report for March 2012
Edgewater Market Report for April 2012
Edgewater Market Report for May 2012
About the Author Martha Brown- As a third generation Annapolitan I love to write about my experiences in and out of the real estate market. Licensed since 1992 all with Long & Foster I am a Certified Residential Specialist (CRS) and a Seller Representation Specialist (SRS) whose passion is homes in the Annapolis MD area and surrounding communities. My goal is to help my clients understand the real estate market and to then make sound real estate decisions.
Martha can be reached at 410-260-2800 ofc or
When searching for Annapolis area homes for sale
there is no better place than
Have a real estate question??
Martha Brown of Long & Foster Real Estate.
320 Sixth Street
Annapolis, MD 21403