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? Things are looking positive for Edgewater. Even though sales are down from the previous month they are up 19% from a year ago. Inventory is down by 10% over last month. On average Edgewater homes are selling for 94.8% of their asking price which is a nice improvement over the previous months 92.6%. Months of inventory rose just a tad from 5 months to 5.2 months.
Edgewater Market Report for September 2012
29 are Waterfront
14 are Townhouses or Condos
7 are Foreclosures (Down by 2)
13 are Short Sales (Down by 5)
59 homes are Under Contract
6 are Waterfront
8 are Townhouses or Condos
4 are Foreclosures (Up by 1)
25 are Short Sales (Up by 1)
Homes Sold In September
27 homes sold in the month of September
4 were Waterfront
2 were Townhouses or Condos
1 was Foreclosures (Down by 3)
2 were a Short Sale (Down by 1)
$95,000 was Low Sales Price
$1,158,085 was High Sales Price
$380,000 was Median Sales Price
Edgewater has 5.2 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
Edgewater Market Report for August 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
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