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Edgewater Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Edgewater home sales for the month of February decreased in volume by 20.9% when compared to last year, while the median sale price decreased by 7.3% from $237,000 to $219,750. The number of Single Family homes sales decreased by 60%, while the median sale price rose by 36.4% from $625,000 to $852,500. Condo/townhome sales decreased by 15.8%, while the median sale price decreased by 5.2% from $215,950 to $204,750.

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Median Sale Prices for Edgewater

207k
160k
200k
237k
226k
206k
217k
230k
165k
265k
177k
201k
195k
223k
175k
219k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Edgewater

43
53
43
43
54
71
63
66
71
90
45
52
51
47
35
34
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Edgewater

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 43 34 -20.9% 92 72 -21.7%
(Single Family) 5 2 -60% 10 4 -60%
(Condos/Townhomes) 38 32 -15.8% 82 68 -17.1%
Median Sale Price $237,000 $219,750 -7.3% $224,950 $204,750 -9%
(Single Family) $625,000 $852,500 +36.4% $590,000 $729,950 +23.7%
(Condos/Townhomes) $215,950 $204,750 -5.2% $199,000 $190,000 -4.5%
Days on Market 37 22 -40.5% 36 38 +7%
(Single Family) 86 6 -93% 59 8 -87.3%
(Condos/Townhomes) 36 27 -25% 36 40 +11.3%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Edgewater? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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