LEESBURG HOUSING MARKET DATA

There was an increase in total units sold in May, with 125 sold this month in Leesburg Real Estate versus 122 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 25% versus May 2024.

Versus last year, the total number of homes available this month is higher by 31 units or 19%. The total number of active inventory this May was 195 compared to 164 in May 2024. This month's total of 195 is lower than the previous month's total supply of available inventory of 202, a decrease of 3%.

Last May, the median sale price for Leesburg Homes was $747,250. This May, the median sale price was approximately the same at $899,000. The current median sold price is 20% higher than in May 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.6 months of supply available in Leesburg. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 140 homes newly listed for sale in Leesburg compared to 154 in May 2024, a decrease of 9%. There were 112 current contracts pending sale this May compared to 119 a year ago. The number of current contracts is 6% lower than last May.

In May, the average sale price in Leesburg was 102.1% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 14, lower than the average last year, which was 17, a decrease of 18%.





FOCUS ON: LEESBURG HOUSING MARKET			MAY 2025

Zip Code(s): 20175 and 20176
Units Sold 125	Active Inventory 195	Median Sale Price $899,000	Days On Market 14

Up 25% Vs. Year Ago	Up 19% Vs. Year Ago	Up 20% Vs. Year Ago	Down -18% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 125 sold this month in Leesburg Real Estate versus 122 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 25% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 31 units or 19%. The total number of active inventory this May was 195 compared to 164 in May 2024. This month's total of 195 is lower than the previous month's total supply of available inventory of 202, a decrease of 3%.
		Median Sale Price Last May, the median sale price for Leesburg Homes was $747,250. This May, the median sale price was approximately the same at $899,000. The current median sold price is 20% higher than in May 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 140	Current Contracts 112	Sold Vs. List Price 102.1%	Months of Supply 1.6

Down -9% Vs. Year Ago	Down -6% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.6 months of supply available in Leesburg. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 140 homes newly listed for sale in Leesburg compared to 154 in May 2024, a decrease of 9%. There were 112 current contracts pending sale this May compared to 119 a year ago. The number of current contracts is 6% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Leesburg was 102.1% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 14, lower than the average last year, which was 17, a decrease of 18%.


	Leesburg are defined as properties listed in zip code/s 20175 and 20176.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.