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Royal Oak Market Trends

Today, December 22, 2009

Median Sales Price in Royal Oak

Embed Info
1 yr 5 yr Max
Royal Oak median sales prices
Number of sold homes in Royal Oak
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$40,144-54.2%$74,121$87,600$86,100
2 bedrooms$87,500-30.0%$105,000$125,000$151,650
3 bedrooms$127,250-14.6%$127,500$149,000$185,200
4 bedrooms$175,000+10.8%$141,500$158,000$229,700
All properties$123,900-13.2%$119,000$142,745$176,500
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Royal Oak Summary

The median sales price for homes in Royal Oak MI for Sep 09 to Nov 09 was $123,900. This represents an increase of 4.1%, or $4,900, compared to the prior quarter and a decrease of 13.2% compared to the prior year. Sales prices have depreciated 29.8% over the last 5 years in Royal Oak.

The average listing price for Royal Oak homes for sale on Trulia was $159,701 for the week ending Dec 08, which represents a decline of 0.5%, or $767, compared to the prior week and a decline of 0.3%, or $525, compared to the week ending Nov 17. Average price per square foot for Royal Oak MI was $107, a decrease of 12.3% compared to the same period last year.

 

Average Listing Price in Royal Oak

Embed Info
1 yr 5 yr Max
Royal Oak average property price
Royal Oak – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$98,395-3.0%$101,426$99,915$102,942
2 bedrooms$119,103+1.4%$117,441$115,872$118,279
3 bedrooms$169,092-0.5%$170,018$170,179$168,090
4 bedrooms$217,226+0.1%$216,924$220,111$222,546
All properties$159,701-0.5%$160,468$160,591$160,226
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Average Price Per Sqft for Homes in Royal Oak

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1 yr 5 yr Max
Royal Oak average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$90-30.8%$90$130$145
2 bedrooms$97-21.8%$100$124$164
3 bedrooms$112-8.2%$108$122$169
4 bedrooms$106-7.0%$96$114$157
All properties$107-12.3%$104$122$165
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Homes for Sale in Royal Oak

2230 Maplewood Avenue, Royal Oak MI
2230 Maple…
$159,900
3 br  2 ba
524 Macwilliams Lane, Royal Oak MI
524 Macwil…
$150,000
2 br  2 ba
3116 Glenview Avenue, Royal Oak MI
3116 Glenv…
$248,900
4 br  2 ½ ba
321 North Blair Avenue, Royal Oak MI
321 N Blair…
$161,999
3 br  1 ba
2214 Baxter Avenue, Royal Oak MI
2214 Baxter…
$147,777
3 br  1 ba
4845 North Campbell Road, Royal Oak MI
4845 N Cam…
$164,000
3 br  1 ½ ba
View all Royal Oak Homes for Sale
 
Stats & Trends
Royal Oak

Real Estate Overview

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Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Pleasant Ridge
$193,618
$246,442
Huntington Woods
$207,000
$282,722
Madison Heights
$75,000
$90,681
Ferndale
$75,000
$99,831
Berkley
$106,780
$132,446
Clawson
$75,000
$115,890
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.