Royal OakHousing market

Royal Oak

Royal Oak Housing Market Report

Balanced Market

All types - for the month of September

Buyer's market Seller's market

4

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.

42

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*

52 active

New

30(+36.36% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 30, in 2023: 16, in 2022: 48

Total Sold Listings*

12 sold

Median Sold Price

$695,000

Avg Days on Market

42 days

Median Bidding

-$16,900

Compared to number of sold, same period, in 2024: 17, in 2023: 20, in 2022: 11

*Data is for the month of September

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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16 hours on Market

30 Royal Elm Dr, Calgary

Detached33+11282.36 sq ft

Listed by RE/MAX iRealty Innovations

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1 day on Market

60 Royal Oak Plaza #240, Calgary

Condo11606.00 sq ft

Listed by eXp Realty

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1 day on Market

100 Royal Manor, Calgary

Semi-Detached1+13+11231.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

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2 days on Market

44 Royal Oak Lane, Calgary

Townhouse23+11427.00 sq ft

Listed by TrustPro Realty

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5 days on Market

60 Royal Oak Plaza #434, Calgary

Condo22964.45 sq ft

Listed by Grand Realty

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5 days on Market

8903 Royal Oak Way, Calgary

Detached3+14+11910.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

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7 days on Market

8810 Royal Birch Blvd #1126, Calgary

Condo21858.83 sq ft

Listed by Nineteen 88 Real Estate

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10 days on Market

168 Royal Oak Terr, Calgary

Detached33+11823.00 sq ft

Listed by Century 21 Masters

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17 days on Market

$•••,•••

61 Royal Birch Grove, Calgary

Detached2+131229.00 sq ft

Listed by City Homes Realty

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17 days on Market

70 Royal Ridge Manor, Calgary

Detached4+14+12769.44 sq ft

Listed by CIR Realty

Just sold - Royal Oak

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Sold 3 days ago

Sold for $265,000

70 Royal Oak Plaza #403, Calgary

Condo11609.80 sq ft

Listed by RE/MAX Real Estate (Mountain View)

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Sold 7 days ago

Sold for $712,000

$7K below asking

18 Royal Birch Way, Calgary

Detached33+11716.18 sq ft

Listed by Skyrock

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Sold 8 days ago

Sold for $245,000

$15K below asking

60 Royal Oak Plaza #128, Calgary

Condo22755.90 sq ft

Listed by Top Producer Realty and Property Management

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Sold 8 days ago

Sold for $870,000

$30K below asking

16 Royal Oak Cape, Calgary

Detached3+14+12356.60 sq ft

Listed by RE/MAX First

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Sold 8 days ago

Sold for $708,500

$17K below asking

26 Royal Elm Dr, Calgary

Detached3+14+11697.50 sq ft

Listed by Grand Realty

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Sold 10 days ago

Sold for $440,000

$5K below asking

8918 Royal Oak Way, Calgary

Townhouse23+11446.00 sq ft

Listed by Creekside Realty

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Sold 13 days ago

Sold for $815,000

$20K below asking

17 Royal Ridge Hill, Calgary

Detached3+34+22194.80 sq ft

Listed by First Place Realty

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Sold 14 days ago

Sold for $969,800

$18K below asking

218 Royal Bay, Calgary

Detached4+14+12539.00 sq ft

Listed by Jessica Chan Real Estate & Management Inc.

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Sold 17 days ago

Sold for $690,000

$20K below asking

49 Royal Elm Green, Calgary

Townhouse33+11856.12 sq ft

Listed by Century 21 Bamber Realty LTD.

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Sold 17 days ago

Sold for $320,000

$30K below asking

70 Royal Oak Plaza #102, Calgary

Condo22927.55 sq ft

Listed by Real Broker

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