Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
388 homesBuilt 1997–2019Median sale $345K
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Live Market Pulse
56/100
Market Heat
Near its long-run normal
2016 → 2026 · 70 at the 2022 peak
0 is Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg's coldest market since 2016, 100 its hottest. Today: 56. How it's scored
Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$345K
Median sold · 12 mo
down 20.5% vs the prior 12 months
-20.5%
1-yr price change
n = 9 and 8 sales in the two windows
$168/sf
Sold $/sqft · 12 mo
peak $194 in 2024
94.0%
Sale vs ask
Lake median: 95.7%
Tempo
33days
Median DOM · closed
8 days at the 2022 low
9
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
84%
Owner-occupied · Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg
325 of 389 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg
incl. 6% trust or LLC-held · 6% out-of-state
60%
Cash buyers · Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg
6 of 10 sales, 12 mo ending June 2026
388
Homes in the community
plus 1 vacant residential lots · 389 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1997
Community established
homes built 1997-2019, median 2004 (FL DOR 2025)
2
Failed listings · 2026
peaked at 7 in 2017
2,034sqft
Median sold home size
12-mo windows, closed sales
2.3%/yr
Turnover rate
about 9 of 388 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Royal Highlands in Leesburg is a built-out community of 388 homes constructed between 1997 and 2019, with the typical home dating to 2004 and living space landing near 1,876 square feet. At a median of $345,000 and about $168 per square foot, price here is driven far more by condition and updates than by anything structural — the housing stock is consistent enough that a renovated interior is what separates one closing from the next.

The current posture is soft. The median price is down 20.5% year over year, and with only 9 closings in the window, each sale carries weight in the numbers. Homes are taking a median of 33 days to sell — a measured, not frantic, pace. Sellers should price to the current market rather than last year's, and buyers have room to negotiate on homes that need work without expecting a fire sale on the turnkey ones.

Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg Housing Pulse · Momentum Research · as of July 15, 2026

Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg right now

🔴 Off the recent peak. The trailing-12-month median ($345K) is down 20.5% from the prior 12 months ($434K). With about 4 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 (9 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

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-B Lt 1317 Pb 50 Pg market snapshot (as of July 15, 2026): the median sale price is about $345K ($168 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales. The trailing-12-month median is down 20% from the prior 12 months, computed from record-level Stellar MLS closed sales (9 closings in the current window).

Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg is a community of 388 homes in Leesburg, Lake County, built between 1997 and 2019 (median 2004), with a median living area of about 1,876 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a mature, fully developed Lake County community where roughly 84% of homes are homesteaded — an owner-occupied profile that tends to keep upkeep steady and turnover deliberate.

Best for

  • Long-term owner-occupants comfortable buying near a $345,000 median and holding through a soft patch
  • Buyers who want a turnkey home built in the 2000s and will pay for condition over square footage
  • Value hunters willing to take on a dated home at a negotiated price in a slower-moving market

Probably not for

  • Investors chasing near-term appreciation, given the 20.5% year-over-year decline
  • Buyers who need high transaction volume and lots of active listings to choose from
  • Anyone expecting a wide range of new-construction or luxury-tier product beyond this consistent mid-market stock

Windows contain 0 to 10 sales each (9 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.

Median sale price · trailing 12 mo
$200K$300K$400K201620182020202220242026
Down 20.5% year over year.
Every sale since 2015 · price vs size
$0$200K$400K2k3k4k
47 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200201620182020202220242026
Up from $97 in 2015 to a $194 peak in 2024; $168 now.
Median days on market · closed sales
0255075201620182020202220242026
8 days at the 2022 low; 33 now.
Sale price vs original ask · median
92%94%96%98%201620182020202220242026
94.0% now vs Lake 95.7%.
Homes sold per 12-mo window
0510201620182020202220242026
0 to 10 a year; 9 in the current window.
Sellers who gave up · failed listings per year
0246201620182020202220242026
Canceled, expired, or withdrawn. 7 quit in 2017; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
70 at the 2022 peak, 37 in the troughs, 56 now. Same score as the hero card, full history.

If we were buying in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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-B Lt 1317 Pb 50 Pg.

Best Buy
Buyers who want a settled, built-out community with a consistent single-family stock.
Biggest Risk
The median is down 20.5% year over year, so recent buyers should plan to hold rather than flip.
Sweet Spot
A well-updated home near the $345,000 median that doesn't need immediate work.
Avoid If
You need quick appreciation or a large, thickly traded market to move fast in.

A settled community in a resetting market

With construction spanning 1997 to 2019 and a median build year of 2004, Royal Highlands offers homes that are past their early-warranty phase but generally not old — a range where roof age, HVAC, and interior updates matter most to value. The median footprint near 1,876 square feet points to single-family homes sized for everyday living rather than sprawl, and the tight per-square-foot median tells you the spread in list prices is mostly a condition story.

The high homestead share of about 84% signals a community held largely by owner-occupants rather than investors, which typically means fewer distressed or rushed sales. Layered against a 20.5% year-over-year drop in the median and a thin 9-sale window, the read is a market that has repriced and is now moving at a moderate clip, with a market heat score of 56 sitting squarely in balanced territory.

The location and the amenities are priced into every listing in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.1C · Buy Score
Recent Direction0.9/10
Owner Commitment8.3/10
Pricing Power6.0/10

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 (5.1). Basis: Recent Direction -20.5% year-over-year; Owner Commitment 84% owner-occupied; Pricing Power 94.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a low-volume market like this one, where 9 recent closings set the tone and prices have reset hard year over year, comp selection is everything. We work the individual condition-and-update story of each home rather than leaning on a blunt average, so sellers price to what the market will actually pay today and buyers know when a discount reflects real work needed versus simple negotiating room.

Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg in 15 seconds.

Best forBuyers who want a settled, built-out community with a consistent single-family stock.
Biggest advantageA high owner-occupied share and balanced pace give buyers time to evaluate without bidding wars.
Biggest riskThe median is down 20.5% year over year, so recent buyers should plan to hold rather than flip.
Sweet spotA well-updated home near the $345,000 median that doesn't need immediate work.
Avoid ifYou need quick appreciation or a large, thickly traded market to move fast in.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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-B Lt 1317 Pb 50 Pg sales matched to your home.

What is your Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg home worth?

Get a no-obligation home value based on real comparable sales in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg?
The median sale price in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg was $345K over the 12 months ending July 15, 2026 (9 closed sales, Stellar MLS).
How long do homes in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 33 days on market (9 sales, Stellar MLS).
How many homes are in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg?
The Florida DOR 2025 assessment roll shows 388 homes plus 1 vacant residential lots in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg (public records).
What share of Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg is owner-occupied?
84% of Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg built?
Homes in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg were built between 1997 and 2019, with a median year built of 2004 (FL DOR 2025 roll).
Do cash buyers compete in Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg?
Cash buyers took 60% of Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg sales in the 12 months ending June 2026 (6 of 10 closings, Stellar MLS).
Who is the best real estate agent for Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg?
The best agent for Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg is one who actively works Leesburg and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg.
How do I find a top Leesburg real estate agent who knows Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Royal Highlands Ph 02-B Lt 1317 Pb 50 Pg purchase or sale - no call center and no pressure.
Long-term owner-occupants comfortable buying near a $345,000 median and holding through a soft patchExcellent fit
Buyers who want a turnkey home built in the 2000s and will pay for condition over square footageExcellent fit
Value hunters willing to take on a dated home at a negotiated price in a slower-moving marketExcellent fit
Investors chasing near-term appreciation, given the 20.5% year-over-year declineProbably not
Buyers who need high transaction volume and lots of active listings to choose fromProbably not
Anyone expecting a wide range of new-construction or luxury-tier product beyond this consistent mid-market stockProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (47 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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