Royal Highlands Ph 02-A Lt 1173 Orb 2040
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by a tight, consistent housing stock: homes built in a narrow window from 2000 to 2008, with a median around 1,886 square feet. That consistency keeps the median at $290,000 and the median around $170 per square foot, but it also means condition and updates do more to separate one home from the next than square footage does. There is no wide spread of eras or floor plans to explain price swings, so the work a seller has or hasn't done shows up plainly.
The current posture favors patience over urgency. With a market heat score of 34, a median 94 days on market, and prices down 9% year over year, this is a slower, negotiable market. Sellers should price to the recent comps rather than last year's numbers and expect the listing to sit for a stretch. Buyers have room to negotiate and little reason to rush, though the shallow closing window means each new comp carries weight.
Royal Highlands Ph 02-A Lt 1173 Orb 2040 right now
🔴 Off the recent peak. The trailing-12-month median ($290K) is down 9.0% from the prior 12 months ($319K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Medium (6 and 6 sales in the two windows).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Royal Highlands Ph 02-A Lt 1173 Orb 2040 market snapshot (as of July 15, 2026): the median sale price is about $290K ($171 per sq ft over the trailing 12 months of closed sales), and a median 94 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Stellar MLS closed sales (6 closings in the current window).
Royal Highlands Ph 02-A Lt 1173 Orb 2040 is a community of 188 homes in Leesburg, Lake County, built between 2000 and 2008 (median 2003.0), with a median living area of about 1,886 square feet. 87% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Royal Highlands Ph 02-A is a well-defined pocket of early-2000s homes in Leesburg, Lake County, where an 86.7% homestead share signals a stable, owner-occupied community rather than a rental- or flip-heavy one.
Who Royal Highlands Ph 02-A Lt 1173 Orb 2040 is best for.
Best for
- Buyers targeting an owner-occupied home around the $290,000 median who value negotiating leverage
- Buyers who want a consistent early-2000s floor plan near 1,900 square feet without hunting across many eras
- Long-horizon owners comfortable with a slower resale market
Probably not for
- Buyers who need to resell quickly given the 94-day median time on market
- Investors chasing rapid appreciation in a market down 9% year over year
- Buyers wanting a wide range of home sizes and build years to choose from
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($290K) IS the median in the snapshot above, and the move from 2025 ($319K) IS the -9.0% one-year change.
Windows contain 0 to 6 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Royal Highlands Ph 02-A Lt 1173 Orb 2040 buying strategy.
If we were buying in Royal Highlands Ph 02-A Lt 1173 Orb 2040 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Royal Highlands Ph 02-A Lt 1173 Orb 2040.
A uniform stock in a soft market
The 188 homes here share a common build era and a median size just under 1,900 square feet, so pricing tends to cluster around the $290,000 median. Where a home lands relative to that number comes down to condition, updates, and lot specifics far more than size. That makes side-by-side comparison unusually clean for buyers willing to walk a few options.
The market signals point the same direction: a 94-day median time to sell and a 9% year-over-year decline. That is a buyer's window in practice, and with only six closings in the measured window, individual sales move the read. Both sides should treat any single comp with care and lean on the broader pattern.
The location and the amenities are priced into every listing in Royal Highlands Ph 02-A Lt 1173 Orb 2040. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Royal Highlands Ph 02-A Lt 1173 Orb 2040 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.7). Basis: Recent Direction -9.0% year-over-year; Owner Commitment 87% owner-occupied; Pricing Power 87.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a slower market with a thin closing window, the difference between a fair price and a stale listing is disciplined comp work. We track this community closely, read condition against the $290,000 median honestly, and set expectations around the 94-day pace so neither buyers nor sellers get surprised.
Royal Highlands Ph 02-A Lt 1173 Orb 2040 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Royal Highlands Ph 02-A Lt 1173 Orb 2040 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Royal Highlands Ph 02-A Lt 1173 Orb 2040 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Royal Highlands Ph 02-A Lt 1173 Orb 2040, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Royal Highlands Ph 02-A Lt 1173 Orb 2040 home worth?
Get a no-obligation home value based on real comparable sales in Royal Highlands Ph 02-A Lt 1173 Orb 2040, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Royal Highlands Ph 02-A Lt 1173 Orb 2040?
How long do homes in Royal Highlands Ph 02-A Lt 1173 Orb 2040 take to sell?
How many homes are in Royal Highlands Ph 02-A Lt 1173 Orb 2040?
What share of Royal Highlands Ph 02-A Lt 1173 Orb 2040 is owner-occupied?
When were the homes in Royal Highlands Ph 02-A Lt 1173 Orb 2040 built?
Do cash buyers compete in Royal Highlands Ph 02-A Lt 1173 Orb 2040?
Who is the best real estate agent for Royal Highlands Ph 02-A Lt 1173 Orb 2040?
How do I find a top Leesburg real estate agent who knows Royal Highlands Ph 02-A Lt 1173 Orb 2040?
Can Momentum Realty connect me with an agent for Royal Highlands Ph 02-A Lt 1173 Orb 2040?
Should you buy in Royal Highlands Ph 02-A Lt 1173 Orb 2040?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (31 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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