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It’s surprising to most people that the market in Edgewood, MD has been doing so well recently, but I kind of expect it. It’s an underrated area with decent home prices close to all of the major roads, shopping and APG. And while we talked a little about how real estate was doing there in the Route 40 Real Estate Smackdown last month, we’re going to touch on it a little more today.  There were 26 home sales in the Edgewood, MD real estate ...

The outcome in Edgewood has mirrored the rest of the Baltimore metropolitan area real estate market, but there are some slight differences from January of 2017. I will point out that while we have a new presidential administration which will cause some changes to the economy eventually, none of them are evident quite yet; most of the people that bought a home in Edgewood that month were already in the market when they closed on their property. The total sales volume was a modest $3.2 million in sales for the month, but it was an increase of almost 19% over the same time ...

If you bought a home in Edgewood, MD in 2016, you moved just in time. It’s not that the market is crashing and that it’s impossible to buy, but exactly the opposite; homes are transferring hands at a rapid pace, and the number of available listings is steadily decreasing before our very eyes. 360 homes got a new owner in Edgewood, MD in 2016, which is an astounding 15.76% increase over 2015. It took only 74 days on the market for a home to go under contract, which is unchanged from the previous year, but the average sales price improved from $122,000 in 2015 ...

No one can say that the real estate agents in Edgewood, MD weren’t busy in August, 2016, even though the total dollar volume of sales was a modest $4.6 million. Despite that, it increased 63.3% over last year, along with a steady maintenance from July, beating out the previous month by 1.1%. Leading the way was the Woodbridge Center community with eight home sales, followed by Harford Square with four.  The largest real estate sale in the Edgewood, MD zip code for the month was 2804 Captain’s Cove in Lord Willoughby’s Rest, which sold for $238,000. The average selling ...