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 neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Legacy of Leesburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Legacy of Leesburg, FL

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

Median Sold Price

$320,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$20,000(-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 $320,000 in December 2024, down 5.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $292.4K$294K
0.5%
3 $345K$321.2K
-6.9%
4 -$433K
N/A
5+ --
N/A

Summary: Legacy of Leesburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Highland Lakes
-0.5%
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

Nov 2024Dec 2024CHANGE
2426+8.3%

Summary: The Legacy of Leesburg real estate market had 26 homes for sale in December 2024, a 8.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2122
+4.8%
4 00
0.0%
5+ 00
0.0%

Summary: The Legacy of Leesburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Legacy of Leesburg in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
20 Days66 Days+227.2%

Summary: Homes in Legacy of Leesburg had an average of 66 days on market in Dec 2024, up by 227.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 December 2024, 4 homes were sold in Legacy of Leesburg; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 6 Days Ago

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