Is Plantation at Leesburg, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantation at Leesburg is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Plantation at Leesburg was a Buyer's Market.

Key Takeaway

Plantation at 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 Plantation at Leesburg, FL

How much do homes in Plantation at Leesburg, FL cost?

Median Sold Price

$292,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$16,000(-5.2%)

Key Takeaway

Homes in Plantation at Leesburg have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Plantation at Leesburg was $292,000 in November 2024, down 5.2% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $299K$268.5K
-10.2%
3 $322.5K$312.9K
-3.0%
4 --
N/A
5+ --
N/A

Summary: Plantation at 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 10.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Plantation at Leesburg, FL

How many homes are available in Plantation at Leesburg, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7784+9.1%

Summary: The Plantation at Leesburg real estate market had 84 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3337
+12.1%
3 4447
+6.8%
4 00
0.0%
5+ 00
0.0%

Summary: The Plantation at 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 12.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plantation at Leesburg, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Plantation at Leesburg in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for Plantation at Leesburg, FL

How long does it take to sell a home in Plantation at Leesburg, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days61 Days+28.6%

Summary: Homes in Plantation at Leesburg had an average of 61 days on market in Nov 2024, up by 28.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Plantation at Leesburg; 50% of homes were sold within 30 days, 17% 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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