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 very little increase in available inventory. Edgewater sales are remaining steady. Buyers asked for closing assistance in 14 of the 31 sales in August. On average Edgewater homes are selling for 92.46% of their asking price. Months of inventory rose just a tad from 4.8 months to 5 months. Edgewater enjoyed a 17% increase in sales year over year!!
Active Homes for Sale
Of These:
31 are Waterfront
16 are Townhouses or Condos
9 are Foreclosures (Up by 2)
18 are Short Sales (Down by 2)
Under Contract
62 homes are Under Contract
Of These:
11 are Waterfront
6 are Townhouses or Condos
3 are Foreclosures (Down by 2)
24 are Short Sales (Same)
Homes Sold In August
31 homes sold in the month of August
Of These:
4 were Waterfront
1 were Townhouses or Condos
4 were Foreclosures (Up by 3)
3 were a Short Sale (down by 2)
Edgewater has 5 months of inventory
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
Edgewater Market Report for June 2012
Edgewater Market Report for July 2012
Note: This and previous market reports are for the entire Edgewater zip code of 21037. Market conditions can vary from neighborhood to neighborhood. To know your homes value in today's market please call/text or email me
for a FREE Market Analysis.
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
martha@homesaroundannapolis.com.
When searching for Annapolis area homes for sale
there is no better place than
Have a real estate question??
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Martha Brown of Long & Foster Real Estate.
320 Sixth Street
Annapolis, MD 21403
410-260-2800 office
410-440-7839 cell/text
Martha, thank you for this detailed overview, I love that you included a graph, makes the information so much easier to understand.