$3,324 Closing Credit*
$279,900
2,180 SqFt
2 Beds
•3 Full Baths
Dorinda Torrance, Listing Office: EXP REALTY LLC
Is Leesburg East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Leesburg East has remained a Seller's Market.
Key Takeaway
Leesburg East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leesburg East, FL
How much do homes in Leesburg East, FL cost?
Median Sold Price
$310,750
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,792(-0.9%)
Key Takeaway
Homes in Leesburg East have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Leesburg East was $310,750 in October 2024, down 0.9% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | - | N/A |
| 2 Bedrooms | $215K | $198.7K | -7.6% |
| 3 Bedrooms | $300K | $310K | +3.3% |
| 4 Bedrooms | $360K | $365K | +1.4% |
| 5+ Bedrooms | $427.5K | $380.9K | -10.9% |
Summary: Leesburg East housing prices by bedroom type for October 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 3.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Fruitland Park-Lady Lake | $299.3K | $320K | +6.9% |
| Tavares | $310.6K | $321.1K | +3.4% |
| Grand Island | $320K | $329K | +2.8% |
| Leesburg | $299.9K | $299.9K | 0% |
| Leesburg East | $313.5K | $310.7K | -0.9% |
Housing Supply in Leesburg East, FL
How many homes are available in Leesburg East, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 189 | 177 | -6.3% |
Summary: The Leesburg East real estate market had 177 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 24 | -14.3% |
| 3 Bedrooms | 84 | 81 | -3.6% |
| 4 Bedrooms | 59 | 52 | -11.9% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Leesburg East housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 36 | +16.1% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 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. 61.1% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Leesburg East in October 2024, up by 16.1% month-over-month. Of the 36 sold homes, 61% were sold under asking, 31% were sold at asking, and 8% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 51 Days | +131.7% |
Summary: Homes in Leesburg East had an average of 51 days on market in Oct 2024, up by 131.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Leesburg East has remained consistent over time.
Summary: During October 2024, 36 homes were sold in Leesburg East; 42% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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