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Edgewater Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Edgewater home sales for the month of June decreased in volume by 10.8% when compared to last year, while the median sale price rose by 28.7% from $230,000 to $295,950. The number of Single Family homes sales rose by 20%, while the median sale price decreased by 0.9% from $705,000 to $698,750. Condo/townhome sales decreased by 13.3%, while the median sale price rose by 24% from $210,500 to $261,000.

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Median Sale Prices for Edgewater

221k
205k
217k
230k
165k
265k
177k
201k
195k
260k
185k
229k
260k
263k
268k
295k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Edgewater

52
70
62
65
71
87
45
50
50
43
34
33
59
47
38
58
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Edgewater

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 65 58 -10.8% 258 274 +6.2%
(Single Family) 5 6 +20% 14 23 +64.3%
(Condos/Townhomes) 60 52 -13.3% 244 251 +2.9%
Median Sale Price $230,000 $295,950 +28.7% $215,000 $249,000 +15.8%
(Single Family) $705,000 $698,750 -0.9% $677,500 $695,000 +2.6%
(Condos/Townhomes) $210,500 $261,000 +24% $207,225 $237,000 +14.4%
Days on Market 11 20 +77.3% 15 18 +20%
(Single Family) 4 27 +575% 14 20 +42.9%
(Condos/Townhomes) 11 19 +72.7% 16 18 +16.1%

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 is 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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