Is Edgewood, NM 87015 a buyer’s or seller’s market?
Edgewood is a seller’s market. With about 3.7 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list13.9%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$251▲ +7.5% vs. last year
Run the numbers for 87015
Nearby markets
Cerrillos 87010Buyer’s market $208 /sq ftChimayo 87522Seller’s market $95 /sq ftGlorieta 87535Buyer’s market $303 /sq ftLamy 87540Balanced $400 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology