Is Royal Oaks Country Club, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Royal Oaks Country Club was a Neutral Market.
Key Takeaway
Royal Oaks Country Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Royal Oaks Country Club, TX
How much do homes in Royal Oaks Country Club, TX cost?
Median Sold Price
$989,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Royal Oaks Country Club have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Royal Oaks Country Club was $989,000 in April 2024, up 15.7% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $830K | N/A |
| 3 Bedrooms | $694.5K | $685K | -1.4% |
| 4 Bedrooms | $866.5K | $984.5K | +13.6% |
| 5+ Bedrooms | $1.3M | $1.6M | +20.0% |
Summary: Royal Oaks 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 1.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 20%.
Housing Supply in Royal Oaks Country Club, TX
How many homes are available in Royal Oaks Country Club, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Royal Oaks Country Club real estate market had 24 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Royal Oaks 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Royal Oaks Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Royal Oaks Country Club in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Royal Oaks Country Club, TX
How long does it take to sell a home in Royal Oaks Country Club, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 98 Days | 85 Days | -13.9% |
Summary: Homes in Royal Oaks Country Club had an average of 85 days on market in Apr 2024, down by 13.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Royal Oaks Country Club are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Royal Oaks Country Club; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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