Is The Villages of Legacy Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Villages of Legacy Park is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in The Villages of Legacy Park, FL

How much do homes in The Villages of Legacy Park, FL cost?

Median Sold Price

$424,950

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,990(+13.9%)

Key Takeaway

Homes in The Villages of Legacy Park have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in The Villages of Legacy Park was $424,950 in November 2024, up 13.9% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $254.5K$255K
0.2%
3 $316.9K$312.2K
-1.5%
4 $392.5K$419.9K
+7.0%
5+ $470K$510K
+8.5%

Summary: The Villages of Legacy Park 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 increased by 0.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 8.5%.

Housing Supply in The Villages of Legacy Park, FL

How many homes are available in The Villages of Legacy Park, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2926-10.3%

Summary: The The Villages of Legacy Park real estate market had 26 homes for sale in November 2024, a 10.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 97
-22.2%
4 109
-10.0%
5+ 65
-16.7%

Summary: The The Villages of Legacy Park 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 25%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 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 The Villages of Legacy Park, 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 The Villages of Legacy Park in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for The Villages of Legacy Park, FL

How long does it take to sell a home in The Villages of Legacy Park, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days61 Days+311.2%

Summary: Homes in The Villages of Legacy Park had an average of 61 days on market in Nov 2024, up by 311.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in The Villages of Legacy Park has remained consistent over time.

Summary: During November 2024, 3 homes were sold in The Villages of Legacy Park; 0% of homes were sold within 30 days, 67% 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 17 Days Ago

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