Royal Gardens
Royal Gardens

Royal Gardens Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

5

New

8(+60.00% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: -, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 0, in 2023: -, in 2022: -

*Data is for the month of March

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

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

Sold Price Distribution - Royal Gardens - All types

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

Property Type Distribution - Royal Gardens - All types

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

Median Price - Royal Gardens - All types

Population and Demographics

Overview

Total population 1679
Average household income $120,167

Age (%)

20 to 34
23%
0 to 19
22%
50 to 64
19%
35 to 49
18%
65 and plus
17%

Household composition (%)

Single family
59%
Single person
33%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
76%
Mandarin
6%
Others
4%
Arabic
3%
French
2%
Tagalog (Pilipino, Filipino)
1%
Bengali
1%
Korean
1%
Ukrainian
1%

House tenancy (%)

Owners
62%
Renters
38%

Top 4 Schools in Royal Gardens

Richard Secord School4025 - 117 Street, T6J 1T4, Edmonton, AB
8.2/10
Public•
Harry Ainlay School4350 - 111 Street, T6J 1E8, Edmonton, AB
7.7/10
Public•
St. Boniface11810 - 40 Ave NW, T6J 0R9, Edmonton, AB
7.2/10
Public•
Louis St. Laurent11230 43 Ave NW, T6J 0X8, Edmonton, AB
6.5/10
Public•

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance