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FOCUS ON: LEESBURG HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 20175 and 20176 |
Units Sold
104 |
Active Inventory
188 |
Median Sale Price
$842,500 |
Days On Market
21 |
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Down -14%
Vs. Year Ago |
Up 25%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Up 24%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 104 sold this month in Leesburg Real Estate versus 125 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 14% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 37 units or 25%. The total number of active inventory this July was 188 compared to 151 in July 2024. This month's total of 188 is lower than the previous month's total supply of available inventory of 222, a decrease of 15%.
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Median Sale Price
Last July, the median sale price for Leesburg Homes was $749,000. This July, the median sale price was $842,500, an increase of 12% or $93,500 compared to last year. The current median sold price is 2% lower than in June.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
116 |
Current Contracts
105 |
Sold Vs. List Price
101.8% |
Months of Supply
1.8 |
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Down -1%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 0.7%
Vs. Year Ago |
Up 45%
Vs. Year Ago |
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Months of Supply
In July, there was 1.8 months of supply available in Leesburg, compared to 1.2 in July 2024. That is an increase of 45% versus 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.
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New Listings & Current Contracts
This month there were 116 homes newly listed for sale in Leesburg compared to 117 in July 2024, a decrease of 1%. There were 105 current contracts pending sale this July compared to 101 a year ago. The number of current contracts is 4% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Leesburg was 101.8% of the average list price, which is 0.7% higher than at this time last year.
Days on Market
This month, the average number of days on market was 21, higher than the average last year, which was 17, an increase of 24%.
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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. |