Question 1

Is Royal Bay a buyer's or seller's market right now?

Accepted Answer

Royal Bay is currently a balanced market with 5.1 months of inventory (MOI). There are 64 active listings and approximately 19 sales in the last 30 days, indicating stable conditions with moderate inventory. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.

Question 2

What is the median home price in Royal Bay?

Accepted Answer

The current median home price in Royal Bay is $1.00M. This is down 12.0% compared to the same period last year. This is based on 342 sales over the past 12 months.

Question 3

How should I price my home in Royal Bay?

Accepted Answer

Homes in Royal Bay are currently selling at 100.3% of their list price, with an average of 46 days on market. Homes are selling at or above asking price, suggesting strong demand. Competitive pricing may attract multiple offers. Of recent sales, 36% sold above list price and 39% sold below.

Question 4

How long do homes take to sell in Royal Bay?

Accepted Answer

Homes in Royal Bay currently take an average of 46 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.

Question 5

What is the price per square foot in Royal Bay?

Accepted Answer

The median price per square foot in Royal Bay is $574. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Royal Bay selling above or below assessed value?

Accepted Answer

Homes in Royal Bay are selling at an average of 103.0% of their BC Assessment value (based on 21 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.

Question 7

How many homes are selling in Royal Bay?

Accepted Answer

In the last 30 days, 19 homes sold in Royal Bay. Over the past 12 months, 342 properties have sold. There are currently 64 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Royal Bay?

Accepted Answer

Sales volume in Royal Bay has been increasing over the last 3 months: Mar 2026 (9 sales), Apr 2026 (10 sales), May 2026 (19 sales). Over the full 12-month period, there were 342 total sales.

Question 9

How many homes, condos, and townhomes are for sale in Royal Bay?

Accepted Answer

There are currently 64 properties for sale in Royal Bay, including 16 single family homes, 19 condos, 29 townhomes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Royal Bay?

Accepted Answer

The median single family home price in Royal Bay is $1.28M (-2.8% year-over-year). The single family market is currently a seller's market with 2.7 months of inventory. Houses take an average of 41 days to sell. The median price per square foot is $500.

Question 11

What is the condo market like in Royal Bay?

Accepted Answer

The median condo price in Royal Bay is $674K (+1.4% year-over-year). The condo market is currently a buyer's market with 14.3 months of inventory. Condos take an average of 35 days to sell. The median price per square foot for condos is $795. There were 64 condo sales in the past 12 months.

Question 12

What is the townhome market like in Royal Bay?

Accepted Answer

The median townhome price in Royal Bay is $793K (-11.9% year-over-year). The townhome market is currently a balanced market with 4.6 months of inventory. Townhomes take an average of 56 days to sell. The median price per square foot is $551. There were 125 townhome sales in the past 12 months.

Question 13

What homes have recently sold in Royal Bay and for how much?

Accepted Answer

There have been 342 homes sold in Royal Bay over the past 12 months, with 19 selling in the last 30 days. The median sold price is $1.00M. Recent median sold prices: Mar 2026: $1.18M, Apr 2026: $919K, May 2026: $1.01M. View all recently sold properties in Royal Bay with photos, sold prices, and days on market on the 8X Real Estate Royal Bay page.

Question 14

What houses have recently sold in Royal Bay?

Accepted Answer

153 houses have sold in Royal Bay over the past 12 months, with 9 selling in the last 30 days. The median sold price for houses is $1.28M (-2.8% year-over-year). Recent median prices: Mar 2026: $1.30M, Apr 2026: $1.31M, May 2026: $1.24M.

Question 15

What condos have recently sold in Royal Bay?

Accepted Answer

64 condos have sold in Royal Bay over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $674K (+1.4% year-over-year). Recent median prices: Feb 2026: $651K, Apr 2026: $677K.

Question 16

What townhomes have recently sold in Royal Bay?

Accepted Answer

125 townhomes have sold in Royal Bay over the past 12 months, with 10 selling in the last 30 days. The median sold price for townhomes is $793K (-11.9% year-over-year). Recent median prices: Mar 2026: $743K, Apr 2026: $805K, May 2026: $719K.

Royal Bay

Royal Bay

Market Pulse

Months of Inventory (MOI)

Questions about

Royal Bay

?

Active Listings

Recently Sold in

Royal Bay

Homes for Sale in Royal Bay

Recently Sold in Royal Bay — Sold Prices