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North Lake Times

Tuesday, November 26, 2024

Leesburg home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Leesburg rose by $9,000 while total sales increased by 2.2%, according to BlockShopper.com.

From July through December of 2019, there were 410 homes sold, with a median sale price of $174,000 - a 5.5% increase over the $165,000 median sale price for the same period of the previous year. There were 401 homes sold in Leesburg in the second half of 2018.

The median sales tax in Leesburg for the most recent year with available data, 2016, was $1,587, approximately 0.9% of the median home sale price for the second half of 2019.

The following table compares Leesburg to other Lake County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Fruitland Park6673-9.6%$201,000$172,90016.3%
Tavares125141-11.3%$200,000$175,00014.3%
Lady Lake14012214.8%$200,000$193,5003.4%
Eustis23419122.5%$191,000$180,5005.8%
Grand Island2532-21.9%$185,000$198,500-6.8%
Leesburg4104012.2%$174,000$165,0005.5%
Mascotte372737%$169,900$168,0001.1%
Umatilla504122%$162,300$165,000-1.6%
Astor141040%$100,000$169,000-40.8%
Paisley105100%$86,750$100,000-13.3%
Altoona27-71.4%$45,812.50$159,000-71.2%

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