Is Royal Bay a buyer's or seller's market right now?
Royal Bay is currently a seller's market with 3.4 months of inventory (MOI). There are 52 active listings and approximately 17 sales in the last 30 days, indicating low inventory favouring sellers. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Royal Bay?
The current median home price in Royal Bay is $945K. This is down 0.9% compared to the same period last year. This is based on 339 sales over the past 12 months.
How should I price my home in Royal Bay?
Homes in Royal Bay are currently selling at 100.2% of their list price, with an average of 48 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 40% sold below.
How long do homes take to sell in Royal Bay?
Homes in Royal Bay currently take an average of 48 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Royal Bay?
The median price per square foot in Royal Bay is $574. This metric is useful for comparing value across different property sizes and types.
Are homes in Royal Bay selling above or below assessed value?
Homes in Royal Bay are selling at an average of 102.0% of their BC Assessment value (based on 31 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.
How many homes are selling in Royal Bay?
In the last 30 days, 17 homes sold in Royal Bay. Over the past 12 months, 339 properties have sold. There are currently 52 active listings on the market.
Are real estate sales increasing or decreasing in Royal Bay?
Sales volume in Royal Bay has been increasing over the last 3 months: Apr 2026 (10 sales), May 2026 (19 sales), Jun 2026 (17 sales). Over the full 12-month period, there were 339 total sales.
How many homes, condos, and townhomes are for sale in Royal Bay?
There are currently 52 properties for sale in Royal Bay, including 13 single family homes, 13 condos, 26 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in Royal Bay?
The median single family home price in Royal Bay is $1.28M (+8.9% year-over-year). The single family market is currently a seller's market with 2 months of inventory. Houses take an average of 44 days to sell. The median price per square foot is $500.
What is the condo market like in Royal Bay?
The median condo price in Royal Bay is $660K (-10.8% year-over-year). The condo market is currently a buyer's market with 13 months of inventory. Condos take an average of 37 days to sell. The median price per square foot for condos is $791. There were 63 condo sales in the past 12 months.
What is the townhome market like in Royal Bay?
The median townhome price in Royal Bay is $790K (+2.8% year-over-year). The townhome market is currently a seller's market with 3.4 months of inventory. Townhomes take an average of 57 days to sell. The median price per square foot is $551. There were 132 townhome sales in the past 12 months.
What homes have recently sold in Royal Bay and for how much?
There have been 339 homes sold in Royal Bay over the past 12 months, with 17 selling in the last 30 days. The median sold price is $945K. Recent median sold prices: Apr 2026: $844K, May 2026: $1.03M, Jun 2026: $919K. View all recently sold properties in Royal Bay with photos, sold prices, and days on market on the 8X Real Estate Royal Bay page.
What houses have recently sold in Royal Bay?
144 houses have sold in Royal Bay over the past 12 months, with 7 selling in the last 30 days. The median sold price for houses is $1.28M (+8.9% year-over-year). Recent median prices: Apr 2026: $1.24M, May 2026: $1.28M, Jun 2026: $1.31M.
What condos have recently sold in Royal Bay?
63 condos have sold in Royal Bay over the past 12 months, with 2 selling in the last 30 days. The median sold price for condos is $660K (-10.8% year-over-year). Recent median prices: Apr 2026: $677K, Jun 2026: $517K.
What townhomes have recently sold in Royal Bay?
132 townhomes have sold in Royal Bay over the past 12 months, with 8 selling in the last 30 days. The median sold price for townhomes is $790K (+2.8% year-over-year). Recent median prices: Apr 2026: $815K, May 2026: $724K, Jun 2026: $787K.
