Is Leesburg East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Leesburg East has remained a Seller's Market.
Housing Prices in Leesburg East, FL
How much do homes in Leesburg East, FL cost?
Median Sold Price
$312,250
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Leesburg East was $312,250 in April 2024, up 1.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156K | $72K | -53.8% |
2 Bedrooms | $215K | $205K | -4.7% |
3 Bedrooms | $305K | $314.9K | +3.2% |
4 Bedrooms | $387.5K | $364.8K | -5.8% |
5+ Bedrooms | $439K | $383K | -12.8% |
Summary: Leesburg East housing prices by bedroom type for April 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 3.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Cities
Leesburg East | $307.5K | $312.2K | +1.5% |
Leesburg | $298K | $298.4K | 0.1% |
Tavares | $321.9K | $310.6K | -3.5% |
Grand Island | $336K | $316.2K | -5.9% |
Fruitland Park-Lady Lake | $319.5K | $289.7K | -9.3% |
Housing Supply in Leesburg East, FL
How many homes are available in Leesburg East, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
158 | 163 | +3.2% |
Summary: The Leesburg East real estate market had 163 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 45 | 47 | +4.4% |
3 Bedrooms | 74 | 74 | 0.0% |
4 Bedrooms | 33 | 37 | +12.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Leesburg East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 33 | 0.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Leesburg East in April 2024, the same as the previous month. Of the 33 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 61 Days | +64.1% |
Summary: Homes in Leesburg East had an average of 61 days on market in Apr 2024, up by 64.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in Leesburg East; 42% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.