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Town comparisons › Edgewater vs Lakewood

Edgewater vs Lakewood

Edgewater and Lakewood are both in Jefferson County. There are 10 homes for sale in Edgewater and 360 in Lakewood as this page loaded. Edgewater is the more expensive of the two: a median asking price of $629,500 against $504,500 in Lakewood, about 25% higher. Homes are moving faster in Edgewater — a median of 76 days on market against 80 in Lakewood. On months of supply both are a seller's market right now.

Side by side

MeasureEdgewaterLakewood
Homes for sale10360
New in last 30 days281
Median asking price$629,500$504,500
Median price per sq ft$430$299
Median size (sq ft)1,3641,606
Median bedrooms33
Median days on market7680
Months of supply2.42.5
Sold, last 12 months491,739
Median sold price$705,000$570,000
Median days to sell3855
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Edgewater is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.
Lakewood is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Edgewater

10
Homes for sale
$629,500
Median asking price
$430
Median per sq ft
76
Median days on market

Lakewood

360
Homes for sale
$504,500
Median asking price
$299
Median per sq ft
80
Median days on market

Look at either town on its own

Questions people ask

Is Edgewater or Lakewood more expensive?

Edgewater is more expensive. The median asking price is $629,500 in Edgewater against $504,500 in Lakewood. By price per square foot, Edgewater runs $430 and Lakewood $299.

Which moves faster, Edgewater or Lakewood?

Homes for sale in Edgewater have been on the market a median of 76 days, against 80 days in Lakewood. Of the homes that actually closed in the last twelve months, Edgewater took a median of 38 days and Lakewood 55.

Is Edgewater or Lakewood the better market for a buyer?

Edgewater is a seller's market and Lakewood is a seller's market, measured on months of supply — 2.4 months in Edgewater and 2.5 in Lakewood. More months of supply means more choice and more room to negotiate, so on that measure Lakewood is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Edgewater and Lakewood?

There are 10 homes for sale in Edgewater and 360 in Lakewood as this page loaded, 2 and 81 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.