New - 2 hours on Rocket
$8,016 Closing Credit¹
#1076693, Lindsey Thomas, Listing Office: Coldwell Banker Legacy
Edgewood Housing Market Report December 2024•Santa Fe County, New Mexico
Housing Prices in Edgewood, NM
How much do homes in Edgewood, NM cost?
Housing Market Conditions
Is Edgewood, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Edgewood is a Seller's Market
Difference Since December 2023
Since last year, Edgewood has remained a Seller's Market.
Insight
Edgewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$422,500$220/SqFt
+$11,500
+2.8%
Based on all homes sold in the last 12 months
Insight
Homes in Edgewood have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Edgewood was $422,500 in December 2024, up 2.8% from last year, and the median price per square foot was $220.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| East Bernalillo | $428.2K | $499.2K | +16.6% |
| Edgewood | $411K | $422.5K | +2.8% |
| Sandia Park | $565K | $549.5K | -2.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $152.9K | $200K | +30.8% |
| 22 Bedrooms | $320K | $274.5K | -14.2% |
| 33 Bedrooms | $365K | $402.4K | +10.3% |
| 44 Bedrooms | $487K | $475K | -2.5% |
| 55+ Bedrooms | $567.5K | $579.9K | +2.2% |
Summary: Edgewood housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +30.8%. The home price for 2 bedroom homes decreased by -14.2%. The home price for 3 bedroom homes increased by +10.3%. The home price for 4 bedroom homes decreased by -2.5%. The home price for 5 bedroom homes increased by +2.2%.
Housing supply in Edgewood, NM
How many homes are available in Edgewood, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 37Last MonthDec 2024 | ||
| 552 months agoNov 2024 | -32.7 % Change MoMNov – Dec |
Summary: The Edgewood real estate market had 37 homes for sale in Dec 2024, a 32.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 142 months agoNov 2024 | -21.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 38 | 25 | -34.2% |
| 44 Bedrooms | 11 | 9 | -18.2% |
| 55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Edgewood housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -34.2%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Edgewood, NM cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Edgewood, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Edgewood in December 2024, down by 21.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and and 27% were sold over asking.
Days on Market for Edgewood, NM
How long does it take to sell a home in Edgewood, NM?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Edgewood are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in Edgewood; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 39 DaysThis YearDec 2024 | ||
| 39 Days1 year agoDec 2023 | -1.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Edgewood had an average listing age of 39 days in Dec 2024, down by 1.7% compared to the previous year.
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Newest Listings in Edgewood, NM
What homes are available in Edgewood, NM?
New - 3 hours on Rocket
$6,947 Closing Credit¹
#1076677, Sol E Mirabal, Listing Office: Realty One of New Mexico
New - 7 hours on Rocket
#1076563, Timothy R Oden, Listing Office: United Country Farm & Home
New - 3 days on Rocket
#1076437, Nicole Mary Dauphin, Listing Office: Coldwell Banker Legacy
New - 3 days on Rocket3D tour
$5,581 Closing Credit¹
#1076117, Jonathan Nunez, Listing Office: Simply Real Estate
New - 4 days on Rocket
$3,859 Closing Credit¹
#1076384, Brenda Mae Lehuanani Colburn, Listing Office: Vylla Home
New - 6 days on Rocket
$6,828 Closing Credit¹
#1076358, Isidor J Gallegos, Listing Office: Realty One of New Mexico
New - 7 days on Rocket
#1075620, David S Torres, Listing Office: Realty One of New Mexico
$6,769 Closing Credit¹
#1076216, J & S Real Estate, Listing Office: Keller Williams Realty
Loria Hamilton-Field, Listing Office: USRealty.com, LLP
#1071741, Ashley Autrey, Listing Office: The Kniffin Team
#1075322, Richard D Jackson, Listing Office: Coldwell Banker Legacy
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, Santa Fe MLS, and North Texas Real Estate Information Systems Inc. for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.