Is Royal Oak Golf Country Club, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royal Oak Golf Country Club is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Royal Oak Golf Country Club was a Neutral Market.

Key Takeaway

Royal Oak Golf Country Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Royal Oak Golf Country Club, FL

How much do homes in Royal Oak Golf Country Club, FL cost?

Median Sold Price

$319,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,000(-1.2%)

Key Takeaway

Homes in Royal Oak Golf Country Club have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Royal Oak Golf Country Club was $319,000 in April 2024, down 1.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $263K-
N/A
3 $321.5K$320K
-0.5%
4 $367.5K$300K
-18.4%
5+ -$417.5K
N/A

Summary: Royal Oak Golf Country Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes did not change.

Housing Supply in Royal Oak Golf Country Club, FL

How many homes are available in Royal Oak Golf Country Club, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1117+54.5%

Summary: The Royal Oak Golf Country Club real estate market had 17 homes for sale in April 2024, a 54.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 612
+100.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Royal Oak Golf Country Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royal Oak Golf Country Club, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Royal Oak Golf Country Club in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.

Days on Market for Royal Oak Golf Country Club, FL

How long does it take to sell a home in Royal Oak Golf Country Club, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days12 Days-51.0%

Summary: Homes in Royal Oak Golf Country Club had an average of 12 days on market in Apr 2024, down by 51% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Royal Oak Golf Country Club are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Royal Oak Golf Country Club; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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