Royal Highlands Phase 1
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
1,419 homesBuilt 1996–2019Median sale $290K
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Live Market Pulse
39/100
Market Heat
Cooler than normal
2013 → 2026 · 91 at the 2022 peak
0 is Royal Highlands Phase 1's coldest market since 2013, 100 its hottest. Today: 39. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Royal Highlands Phase 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$290K
Median sold · 12 mo
down 12.8% vs the prior 12 months
-12.8%
1-yr price change
n = 53 and 33 sales in the two windows
$159/sf
Sold $/sqft · 12 mo
peak $190 in 2023
92.1%
Sale vs ask
Lake median: 95.7%
+115%
T12M median vs 2012
from a $135K median in 2012
Tempo
94days
Median DOM · closed
3 days at the 2022 low
53
Sold · last 12 mo
10-yr average: about 23 a year
Ownership and context
84%
Owner-occupied · Royal Highlands Phase 1
1197 of 1420 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Royal Highlands Phase 1
incl. 7% trust or LLC-held · 7% out-of-state
49%
Cash buyers · Royal Highlands Phase 1
26 of 53 sales, 12 mo ending June 2026
1,419
Homes in the community
plus 1 vacant residential lots · 1420 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1996
Community established
homes built 1996-2019, median 2001 (FL DOR 2025)
6
Failed listings · 2026
peaked at 48 in 2011
1,906sqft
Median sold home size
12-mo windows, closed sales
3.7%/yr
Turnover rate
about 53 of 1419 homes trade a year
Royal Highlands Phase 1 Housing Pulse · Momentum Research · as of July 15, 2026

Royal Highlands Phase 1 right now

🔴 Off the recent peak. The trailing-12-month median ($290K) is down 12.8% from the prior 12 months ($332K) and up 115% since 2012. With about 23 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: Very High (53 and 33 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 Phase 1 market snapshot (as of July 15, 2026): the median sale price is about $290K ($159 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 13% from the prior 12 months and up 115% since 2012, computed from record-level Stellar MLS closed sales (53 closings in the current window).

Royal Highlands Phase 1 is a community of 1,419 homes in Leesburg, Lake County, built between 1996 and 2019 (median 2001.0), with a median living area of about 1,870 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 60 sales each (53 in the current window); every figure carries its sample size. 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$300K20122014201620182020202220242026
Down 12.8% year over year; up 115% since 2012.
Every sale since 2004 · price vs size
$0$200K$400K2k3k4k
601 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $79 in 2012 to a $190 peak in 2023; $159 now.
Median days on market · closed sales
010020030020122014201620182020202220242026
3 days at the 2022 low; 94 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
92.1% now vs Lake 95.7%.
Homes sold per 12-mo window
020406020122014201620182020202220242026
0 to 60 a year; 53 in the current window.
Indexed since 2012 · Royal Highlands Phase 1 vs Lake
100200300Lake +236%Royal Highlands Phase 1 +115%20122014201620182020202220242026
Same Stellar MLS record, indexed to 100 at 2012.
Sellers who gave up · failed listings per year
020402004200820122016202020242026
Canceled, expired, or withdrawn. 48 quit in 2011; 6 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
91 at the 2022 peak, 11 in the troughs, 39 now. Same score as the hero card, full history.

If we were buying in Royal Highlands Phase 1 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 Phase 1.

A closer look at the Royal Highlands Phase 1 market

At a median of $159 per square foot, Royal Highlands Phase 1 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 13% year over year. Homes that do trade take a median 94 days on market, useful leverage on any listing that has lingered.

The housing stock is 1,419 homes built between 1996 and 2019, and 84% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Royal Highlands Phase 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.9C+ · Buy Score
Long-Term Appreciation7.6/10
Recent Direction2.8/10
Owner Commitment8.4/10
Pricing Power4.7/10

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 4 factors (5.9). Basis: Long-Term Appreciation +115% since 2012; Recent Direction -12.8% year-over-year; Owner Commitment 84% owner-occupied; Pricing Power 92.1% sale-to-list. Refreshed with each data update.

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 Phase 1 sales matched to your home.

What is your Royal Highlands Phase 1 home worth?

Get a no-obligation home value based on real comparable sales in Royal Highlands Phase 1, 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 Phase 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Royal Highlands Phase 1?
The median sale price in Royal Highlands Phase 1 was $290K over the 12 months ending July 15, 2026 (53 closed sales, Stellar MLS).
How long do homes in Royal Highlands Phase 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 94 days on market (53 sales, Stellar MLS).
How many homes are in Royal Highlands Phase 1?
The Florida DOR 2025 assessment roll shows 1,419 homes plus 1 vacant residential lots in Royal Highlands Phase 1 (public records).
What share of Royal Highlands Phase 1 is owner-occupied?
84% of Royal Highlands Phase 1 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 Phase 1 built?
Homes in Royal Highlands Phase 1 were built between 1996 and 2019, with a median year built of 2001.0 (FL DOR 2025 roll).
Do cash buyers compete in Royal Highlands Phase 1?
Cash buyers took 49% of Royal Highlands Phase 1 sales in the 12 months ending June 2026 (26 of 53 closings, Stellar MLS).
Have Royal Highlands Phase 1 home prices gone up?
The trailing-12-month median is up 115% since 2012, from $135K to $290K (Stellar MLS closed records).
Who is the best real estate agent for Royal Highlands Phase 1?
The best agent for Royal Highlands Phase 1 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 Phase 1.
How do I find a top Leesburg real estate agent who knows Royal Highlands Phase 1?
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 Phase 1 and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Royal Highlands Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Royal Highlands Phase 1 purchase or sale - no call center and no pressure.

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 (48 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (601 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.

Own a home here?

You just read the data. Now see what your home is worth.

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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