Call Us! 888-766-8686

Choose Language

English

Español

简体中文

Movoto Real Estate » Michigan » Oakland County » Royal Oak Homes for Sale » Royal Oak Stats and Trends

Chart Filters

Trend Metrics

	Median List Price
	Median $/sqft
	Inventory
	Median DOM

	Median Size
	Median $/Lot
	% Distressed
	New Listings
	Sold/Expired
	Price Reductions

More Metrics

Time Period

	6 Month
	1 Year
	2 Years
	5 Years

Compare Nearby Cities

Home Type

Royal Oak Real Estate Trends & Statistics

Royal Oak Median List Price

$194,900

Share Download Embed

Royal Oak Market Snapshot

Share Download Embed

	Today	1 Month Ago		1 Year Ago
Total Inventory	238	196	21%	237
Median List Price	$194,900	$199,900	3%	$155,000	26%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		3%
Median DOM	19	18	6%	44	57%
Median House Size	1,228	1,306	6%	1,264	3%
Median $/Sqft	$151/sqft	$154/sqft	2%	$125/sqft	21%

	Today	1 Month Ago		1 Year Ago
Total Inventory	215	170	26%	196	10%
Median List Price	$189,800	$194,900	3%	$159,900	19%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		4%
Median DOM	16	18	11%	47	66%
Median House Size	1,247	1,300	4%	1,290	3%
Median $/Sqft	$150/sqft	$153/sqft	2%	$126/sqft	19%

	Today	1 Month Ago		1 Year Ago
Total Inventory	23	26	12%	41	44%
Median List Price	$285,000	$285,000		$89,500	218%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		2%
Median DOM	20	21	5%	39	49%
Median House Size	1,201	1,550	23%	1,190	1%
Median $/Sqft	$211/sqft	$169/sqft	25%	$87/sqft	143%

Royal Oak Market Data

Share Download Embed

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	58	54	42	41	44	51	59
New Listings	191	106	208	170	205	242	357
Sold/Expired	29	56	79	38	34	29	32

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	48	45	36	34	36	45	52
New Listings	159	83	165	146	173	198	307
Sold/Expired	26	48	73	35	30	25	25

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	10	9	6	7	8	6	7
New Listings	32	23	43	24	32	44	50
Sold/Expired	3	8	6	3	4	4	7

Royal Oak, Michigan real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Royal Oak homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Royal Oak. Movoto is your comprehensive source for Royal Oak property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Royal Oak, MI Market Overview

Inventory: 238 Recently Sold: 32 New Listings: 357 Distressed: 1

Royal Oak's home resale inventories increased, with a 21 percent increase since May 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in June. The median listing price in Royal Oak went down from May to June. There were a total of 10 price increases and 59 price decreases.

Updated: 06/01/2013

Change City

Nearby Homes for Sale

211 Royal Ave, Royal Oak, MI