Is Leesburg East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Leesburg East was a Seller's Market.
Housing Prices in Leesburg East, FL
How much do homes in Leesburg East, FL cost?
Median Sold Price
$314,950
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Leesburg East was $314,950 in May 2024, up 4.1% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156K | $72K | -53.8% |
2 Bedrooms | $215K | $205K | -4.7% |
3 Bedrooms | $301.2K | $310K | +2.9% |
4 Bedrooms | $390K | $364.1K | -6.6% |
5+ Bedrooms | $430K | $384K | -10.7% |
Summary: Leesburg East housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Cities
Leesburg East | $302.6K | $314.9K | +4.1% |
Leesburg | $294.6K | $300K | +1.8% |
Tavares | $322.9K | $310K | -4.0% |
Grand Island | $332K | $316.2K | -4.7% |
Fruitland Park-Lady Lake | $315K | $290K | -7.9% |
Housing Supply in Leesburg East, FL
How many homes are available in Leesburg East, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 157 | +4.7% |
Summary: The Leesburg East real estate market had 157 homes for sale in May 2024, a 4.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 36 | 27 | -25.0% |
3 Bedrooms | 74 | 83 | +12.2% |
4 Bedrooms | 36 | 41 | +13.9% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Leesburg East housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 24 | -29.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Leesburg East in May 2024, down by 29.4% month-over-month. Of the 24 sold homes, 46% were sold under asking, 25% were sold at asking, and 29% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 36 Days | -8.3% |
Summary: Homes in Leesburg East had an average of 36 days on market in May 2024, down by 8.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Leesburg East; 79% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.