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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leesburg East is a buyer's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Leesburg East, FL cost?

Median Sold Price

$303,125

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$34,175(+12.7%)

Key Takeaway

Homes in Leesburg East have sold for 12.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $115.5K$156K
+35.1%
2 $170.9K$225K
+31.6%
3 $270K$315K
+16.7%
4 $300K$385K
+28.3%
5+ $602.9K$439K
-27.2%

Median Sold Price Compared To Nearby Cities

Tavares
+30.3%
Grand Island
+27.8%
Fruitland Park-Lady Lake
+22.2%
Leesburg
+17.8%
Leesburg East
+12.7%

How many homes are available in Leesburg East, FL?

Number of Homes For Sale

Dec 2022Jan 2023%
119112-5.9%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 11
0.0%
2 2415
-37.5%
3 5355
+3.8%
4 3735
-5.4%
5+ 46
+50.0%

Number of Homes Sold

Dec 2022Jan 2023%
2912-58.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leesburg East, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
23 Days80 Days+249.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Leesburg East has remained consistent over time.

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

About Leesburg East, FL

There are 112 homes are for sale in Leesburg East, FL real estate market. The number of listings in Leesburg East, FL decreased by 5.9% between December 2022 and January 2023. The median list price of listings available in January 2023 was $303,125, while the average time on the real estate market was 80 days. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 35.1%, prices of 2 bedrooms properties went up by 31.6%, 3 bedrooms properties became 16.7% more expensive, prices of 4 bedrooms properties went up by 28.3%, prices of 5 bedrooms properties went down by 27.2%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 37.5%, volume of 3 bedrooms homes went up by 3.8%, the quantity of 4 bedrooms homes went down by 5.4%, 5 bedrooms homes inventory increased by 50%. Over 0 listings were sold over their listed price in January 2023 in Leesburg East, FL. In the same period over 7 listings were sold below the listed price and 5 listings were sold for the listed price.

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