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Edgewater, NJ 07020

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Edgewater, NJ 07020

Fri Mar 29 2024
This week the median list price for Edgewater, NJ 07020 is $907,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 32. Click here to stay informed with the Edgewater market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Edgewater, NJ 07020

Fri Mar 29 2024
This week the median list price for Edgewater, NJ 07020 is $907,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 32. Click here to stay informed with the Edgewater market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Edgewater market.
Median List Price $907,000
Median Price of New Listings $663,500
Per Square Foot $455
Average Days on Market 121
Median Days on Market 60
Price Decreased 13%
Price Increased 0%
Relisted 19%
Inventory 32
Median Rent
Market Action 44
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,331,500 3,461 - 4 3.5 NaN 1 0 157
$1,177,500 2,592 - 3 3.5 18 1 2 87
$686,500 1,751 - 2 2.3 22 1 0 87
$432,999 857 2.5 - 5 acres 1 1.5 37 3 2 14