$2,791 Closing Credit*
$235,000
1,376 SqFt
2 Beds
•2 Full Baths
Ramona Montgomery, Listing Office: WEICHERT REALTORS HALLMARK PRO
Is Leesburg East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Leesburg East was a Seller's Market.
Key Takeaway
Leesburg East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Leesburg East, FL
How much do homes in Leesburg East, FL cost?
Median Sold Price
$314,900
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$436(-0.1%)
Key Takeaway
The sold price of homes in Leesburg East has remained the same since last year.
Summary: The median home sold price in Leesburg East was $314,900 in November 2024, down 0.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | - | N/A |
| 2 Bedrooms | $215K | $198.7K | -7.6% |
| 3 Bedrooms | $304.9K | $307.7K | +0.9% |
| 4 Bedrooms | $363.5K | $365K | 0.4% |
| 5+ Bedrooms | $386.4K | $407.4K | +5.4% |
Summary: Leesburg East housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Grand Island | $322.5K | $347.3K | +7.7% |
| Fruitland Park-Lady Lake | $299K | $320K | +7.0% |
| Tavares | $314.2K | $317.5K | +1.0% |
| Leesburg East | $315.3K | $314.9K | -0.1% |
| Leesburg | $300K | $299.9K | -0.1% |
Housing Supply in Leesburg East, FL
How many homes are available in Leesburg East, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 170 | 152 | -10.6% |
Summary: The Leesburg East real estate market had 152 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 26 | 27 | +3.8% |
| 3 Bedrooms | 77 | 65 | -15.6% |
| 4 Bedrooms | 49 | 41 | -16.3% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Leesburg East housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 20 | -48.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leesburg East, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Leesburg East in November 2024, down by 48.7% month-over-month. Of the 20 sold homes, 45% were sold under asking, 45% were sold at asking, and 10% were sold over asking.
Days on Market for Leesburg East, FL
How long does it take to sell a home in Leesburg East, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 45 Days | -33.3% |
Summary: Homes in Leesburg East had an average of 45 days on market in Nov 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Leesburg East has remained consistent over time.
Summary: During November 2024, 20 homes were sold in Leesburg East; 35% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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