2023- A great year for the Edison Real Estate Home Sale Market

by Kenny Urbina

In November 2023, the median home sold price in Edison was $499,999, which represents a 4.8% increase from the previous year [1].
The real estate market in Edison Township saw a slight decrease in the number of homes for sale in October 2023 compared to September 2023, with 270 homes available, marking a 0.4% decrease [2].
The median listing home price in Edison in October 2023 was $550,000, trending up by 10.2% year-over-year. The median listing price per square foot was noted at $329 [3].
By November 2023, the median list price of homes in Edison rose to $597,000, compared to $499,999 in 2022, indicating a robust seller's market in the area [4].
In the 08820 area of Edison, homes sold for an average of 2.42% above the asking price in October 2023, further emphasizing the strength of the seller's market during that period [5].
The Edison housing market in 2023 remained active, with services available for those preparing to sell their properties, suggesting a dynamic real estate environment [6].

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