Royal Oak Michigan Market update

Royal Oak was named one of the coolest suburbs in America by Apartment Therapy Magazine and Best Downtown Shopping District by the Metrotimes. Downtown is filled with restaurants, retail, theatres and galleries. Hyatt Place hotel is downtown Royal Oak just opened providing 120 hotel rooms all within walking distance to the many amenities.

The housing market for Royal Oak is also very strong with the average sales price at $282,727. The average sales price nationwide is $245.193 according to Zillow. Nationwide average days on the market is 82 with Royal Oak only being at 31 days on the market. Homeowners in Royal Oak received over 97% of their asking price. For an example if I had my house listed for $100,000 it sold for $97,000.

How this helps you on your real estate journey.