With only 2.2 months of inventory, Edgewood remains a seller's market. Home prices have decreased 5.4% in the past month. With 2.2 months of supply, Edgewood's inventory levels remain relatively tight. Homes are taking about 42 days to sell, which is -4 days longer than this time last year. Only 8.3% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 18.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Edgewood market with the affordability index at 318.5. Based on current market indicators, home prices in Edgewood are projected to decrease by approximately 4.9% over the next month.