Royal Oak Market Report
$448,841
AVERAGE PRICE OF 511 HOMES$1,141,271
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$805,532
AVERAGE PRICE OF 86 NEWLY BUILT HOMES$527,575
AVERAGE PRICE OF 40 HOMES WITH A POOL$405,871
AVERAGE PRICE OF 28 REDUCED PRICE HOMESAverage Home
| Average Price | $448,841 |
| Avg Bedrooms | 2.98 beds |
| Avg Bathrooms | 2.11 baths |
Average Price by Bedrooms
| 1 bedroom | $253,062 |
| 2 bedrooms | $362,692 |
| 3 bedrooms | $388,182 |
| 4 bedrooms | $687,849 |
| 5 bedrooms | $799,900 |
Royal Oak Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 480 | 375 | 343 | 368 | 366 |
| Average Price | $456,758 | $456,868 | $461,068 | $428,079 | $444,125 |
| Avg Price Change | -0.02% | -0.92% | +7.71% | -3.75% | +3.69% |
| Median Price | $376,977 | $372,547 | $364,645 | $351,212 | $355,218 |
| Med Price Change | +1.19% | +2.17% | +3.82% | -1.14% | +2.26% |
| Avg Bedrooms | 3.02 beds | 3.01 beds | 2.94 beds | 2.95 beds | 3.04 beds |
| Avg Bathrooms | 2.11 baths | 2.14 baths | 2.14 baths | 2.01 baths | 1.94 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 511 | $448,841 | 47 days |
| Multi-Million Dollar Homes | 14 | $1,141,271 | 29 days |
| Newly Built Homes | 86 | $805,532 | 78 days |
| Homes with a Pool | 40 | $527,575 | 102 days |
| Reduced Price Homes | 28 | $405,871 | 38 days |
