The Wedgewood area continues to be one of the most high demand areas for luxury buyers in Woodbury. The amenities such as walking trails, parks, golf course, tennis courts and one of Woodbury’s favorite dining establishments – David’s Chophouse makes Wedgewood a unique neighborhood.
Currently there are only 10 active listings in the Wedgewood area (including Wedgewood Valley, Wedgewood Heights and Wedgewood Park). The average asking price is $593,000 for a 4 bedroom, 4 bath, 4,000 square foot home.
When looking at the sales over the last 12 months there have been 53 home sales with an average sale price of about $500,000 for a 4 bedroom, 4 bath, 3,800 square foot home.
Prices can be affected by the location within Wedgewood, the age of the home, recent renovations and amenities such as a pool.
Overall Wedgewood continues to be a solid area for investing in a luxury home.
