Royal OakHousing market

Royal Oak

Royal Oak Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

5

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

36

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*

38 active

New

23(+15.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 15, in 2023: 24, in 2022: -

Total Sold Listings*

7 sold

Median Sold Price

$315,000

Avg Days on Market

36 days

Median Bidding

-$7,900

Compared to number of sold, same period, in 2024: 20, in 2023: 15, in 2022: -

*Data is for the month of March

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

86 Royal Birkdale Crt, Calgary

Detached4+24+11992.52 sq ft

Listed by RE/MAX Complete Realty

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4 days on market

220 Royal Elm Rd, Calgary

Detached33+11519.00 sq ft

Listed by CIR Realty

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4 days on market

5 Royal Birch Hts, Calgary

Detached3+14+11836.00 sq ft

Listed by TREC The Real Estate Company

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6 days on market

8 Royal Elm Green, Calgary

Townhouse33+11888.12 sq ft

Listed by RE/MAX First

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7 days on market

20 Royal Oak Plaza #336, Calgary

Condo22813.74 sq ft

Listed by Boswell Krieger Management & Realty Ltd.

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12 days on market

30 Royal Oak Plaza #239, Calgary

Condo11603.09 sq ft

Listed by Real Broker

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18 days on market

54 Royal Birch Landng, Calgary

Detached43+12500.55 sq ft

Listed by eXp Realty

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18 days on market

$•••,•••

157 Royal Birch Cres, Calgary

Detached3+14+11845.73 sq ft

Listed by Century 21 Bravo Realty

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21 days on market

352 Royal Elm Rd, Calgary

Detached3+14+11725.25 sq ft

Listed by Regent Pointe Realty

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27 days on market

171 Royal Birch Way, Calgary

Detached33+11896.00 sq ft

Listed by Royal LePage Benchmark

Just sold - Royal Oak

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Sold 5 days ago

Sold for $469,000

$11K below asking

8930 Royal Oak Way, Calgary

Townhouse23+11415.00 sq ft

Listed by KIC Realty

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Sold 9 days ago

Sold for $290,000

8810 Royal Birch Blvd #1413, Calgary

Condo11663.56 sq ft

Listed by Real Broker

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Sold 11 days ago

Sold for $323,200

30 Royal Oak Plaza #438, Calgary

Condo22769.10 sq ft

Listed by Grand Realty

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Sold 14 days ago

Sold for $350,000

$10K below asking

60 Royal Oak Plaza #445, Calgary

Condo22851.81 sq ft

Listed by Sotheby's International Realty Canada

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Sold 16 days ago

Sold for $449,000

$11K below asking

195 Royal Birch Mount, Calgary

Townhouse33+11359.95 sq ft

Listed by PREP Realty

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Sold 19 days ago

Sold for $610,000

$25K below asking

1 Royal Elm Way, Calgary

Detached33+11405.80 sq ft

Listed by Comox Realty

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Sold 20 days ago

Sold for $820,000

$20K above asking

106 Royal Oak Cres, Calgary

Detached43+12377.69 sq ft

Listed by Real Broker

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Sold 20 days ago

Sold for $900,000

$20K below asking

69 Royal Birkdale Dr, Calgary

Detached3+14+12283.89 sq ft

Listed by RE/MAX First

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Sold 24 days ago

Sold for $1,200,000

83 Royal Abbey Rise, Calgary

Detached4+142989.96 sq ft

Listed by RE/MAX Real Estate (Central)

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Sold 28 days ago

Sold for $540,000

$9K below asking

37 Royal Crest View, Calgary

Semi-Detached34+21539.09 sq ft

Listed by Top Producer Realty and Property Management

Population and Demographics

Overview

Total population 9027

Average household income $163,120

Age (%)

0 to 19

28%

35 to 49

24%

50 to 64

21%

20 to 34

15%

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