Is Legacy of Leesburg, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Legacy of Leesburg is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Legacy of Leesburg was a Seller's Market.

Key Takeaway

Legacy of Leesburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Legacy of Leesburg, FL

How much do homes in Legacy of Leesburg, FL cost?

Median Sold Price

$319,950

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,050(-5.9%)

Key Takeaway

Homes in Legacy of Leesburg have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Legacy of Leesburg was $319,950 in November 2024, down 5.9% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $295K$294K
-0.3%
3 $345K$320K
-7.2%
4 -$433K
N/A
5+ --
N/A

Summary: Legacy of Leesburg 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 0.3%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Highland Lakes
0.0%
Legacy of Leesburg
-5.9%

Housing Supply in Legacy of Leesburg, FL

How many homes are available in Legacy of Leesburg, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The Legacy of Leesburg real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2221
-4.5%
4 00
0.0%
5+ 00
0.0%

Summary: The Legacy of Leesburg 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 50%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Legacy of Leesburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Legacy of Leesburg in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Legacy of Leesburg, FL

How long does it take to sell a home in Legacy of Leesburg, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days83 Days+42.9%

Summary: Homes in Legacy of Leesburg had an average of 83 days on market in Nov 2024, up by 42.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Legacy of Leesburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Legacy of Leesburg; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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