Royal OakHousing market

Royal Oak

Royal Oak Housing Market Report

Seller's Market

All types - for the month of June

Buyer's market Seller's market

2

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

38

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

36 active

New

30(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 32, in 2023: 16, in 2022: 15

Total Sold Listings*

18 sold

Median Sold Price

$639,750

Avg Days on Market

38 days

Median Bidding

-$8,999

Compared to number of sold, same period, in 2024: 19, in 2023: 20, in 2022: 3

*Data is for the month of June

Median Sold Price vs Average Days and Average Total Days on Market - Royal Oak - All types

Sold vs Active vs New vs Relisted - Royal Oak - All types

Sold Price Distribution - Royal Oak - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Royal Oak - All types

Property type distribution based on data from the last 3 months.

Median Price - Royal Oak - All types

Just listed - Royal Oak

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3 days on market

160 Royal Birch Mount, Calgary

Townhouse33+11297.09 sq ft

Listed by Greater Calgary Real Estate

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Re-listed 3 days ago

$•••,•••

259 Royal Elm Rd, Calgary

Townhouse211167.00 sq ft

Listed by RE/MAX House of Real Estate

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Re-listed 3 days ago

81 Royal Elm Green, Calgary

Townhouse23+11442.00 sq ft

Listed by RE/MAX House of Real Estate

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4 days on market

472 Royal Oak Hts, Calgary

Detached3+14+21770.20 sq ft

Listed by Charles

pillar/IMG-A2235915_1.jpg

5 days on market

173 Royal Manor, Calgary

Townhouse24+11420.00 sq ft

Listed by Jessica Chan Real Estate & Management Inc.

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6 days on market

51 Royal Birch Villas, Calgary

Townhouse32+11242.90 sq ft

Listed by Homecare Realty Ltd.

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8 days on market

$•••,•••

83 Royal Elm Green, Calgary

Townhouse23+11442.00 sq ft

Listed by RE/MAX House of Real Estate

pillar/IMG-A2235396_1.jpg

9 days on market

107 Royal Ridge Rise, Calgary

Detached3+24+12711.21 sq ft

Listed by URBAN-REALTY.ca

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10 days on market

30 Royal Oak Plaza #218, Calgary

Condo22909.38 sq ft

Listed by RE/MAX Complete Realty

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11 days on market

432 Royal Oak Cir, Calgary

Detached3+14+11813.74 sq ft

Listed by Top Producer Realty and Property Management

Just sold - Royal Oak

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Sold 2 days ago

Sold for $480,000

$15K below asking

8924 Royal Oak Way, Calgary

Townhouse23+11360.00 sq ft

Listed by eXp Realty

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Sold 2 days ago

Sold for $755,000

$30K below asking

222 Royal Oak Pl, Calgary

Detached1+23+11456.12 sq ft

Listed by RE/MAX House of Real Estate

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Sold 5 days ago

Sold for $680,000

126 Royal Elm Way, Calgary

Detached33+11785.00 sq ft

Listed by CIR Realty

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Sold 5 days ago

Sold for $835,000

$15K below asking

9 Royal Ridge Link, Calgary

Detached2+231426.23 sq ft

Listed by CIR Realty

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Sold 9 days ago

Sold for $810,000

$15K below asking

311 Royal Oak Heath, Calgary

Detached3+24+12361.56 sq ft

Listed by Real Broker

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Sold 10 days ago

Sold for $389,000

$6K below asking

1 Royal Birch Villas, Calgary

Townhouse32+11249.70 sq ft

Listed by First Place Realty

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Sold 10 days ago

Sold for $765,000

$15K above asking

145 Royal Oak Hts, Calgary

Detached3+13+12022.76 sq ft

Listed by Real Broker

pillar/IMG-A2227715_1.jpg

Sold 11 days ago

Sold for $410,000

$15K below asking

114 Royal Oak Gdns, Calgary

Townhouse32+11265.27 sq ft

Listed by Real Broker

pillar/IMG-A2228333_1.jpg

Sold 13 days ago

Sold for $639,500

$11K below asking

412 Royal Oak Hts, Calgary

Detached33+11678.00 sq ft

Listed by CIR Realty

pillar/IMG-A2213329_1.jpg

Sold 14 days ago

Sold for $315,000

$7K below asking

20 Royal Oak Plaza #336, Calgary

Condo22813.74 sq ft

Listed by Boswell Krieger Management & Realty Ltd.

Population and Demographics

Overview

Total population 9027

Average household income $163,120

Age (%)

0 to 19

28%

20 to 34

15%

35 to 49

24%

50 to 64

21%

65 and plus

12%

Household composition (%)

Single family

80%

Single person

16%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

69%

Mandarin

8%

Yue (Cantonese)

4%

Spanish

3%

Korean

3%

Urdu

2%

Iranian Persian

2%

Others

2%

Tagalog (Pilipino, Filipino)

1%

Arabic

1%

House tenancy (%)

Owners

87%

Renters

13%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance