Royden Oaks Houston Real Estate Trends
The charming neighborhood of Royden Oaks is as quiet and as exclusive as any Inner Loop neighborhood can get. It is also the 3rd most expensive Houston neighborhood.
This Inner Loop neighborhood is located in the geographic center of Houston making it one of the most accessible Houston neighborhoods.
With its land value increasing by 200% in the past decade, Royden Oaks homes for sale grow increasingly in demand. However, with the very limited inventory, real estate trends can be challenging to predict based on statistics alone.
Finding the best Royden Oaks Houston realtor allows homebuyers to get insider information from someone who knows about the neighborhood and has a better understanding of Royden Oaks real estate market.
For questions, advice, Royden Oaks real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years.
Royden Oaks Houston Resources:
For an updated and customized Royden Oaks real estate pricing or trend analysis, please contact Paige Martin at [email protected].
5 Intriguing Royden Oaks Real Estate Market Trends
1. Royden Oaks home sales prices have greatly appreciated in the last 5 years.
The median sales price of Royden Oaks homes have increased by 106% in the last 5 years. From $763,00 in 2009, it has increased to $1,574,700 in 2013.
2. Home sales prices have been inconsistent in the past decade.
This can be attributed to the combined low inventory and variety of homes in the area. Median sales prices have only increased by 13% from 10 years ago, compared to the 106% increase from 2009.
3. Royden Oaks home values display a strong trend towards appreciation.
The average price per square foot have increased by 194% in the past decade. From $115 per square foot in 2004, it has increased to $338 per square foot in 2013.
Many of the homes have been rebuilt as new constructions with luxurious updating, further increasing property values.
4. Land value continues to appreciate.
Royden Oaks homes’ very spacious lots make them attractive for new constructions. With the very limited inventory, land values have increased by 200% in the past decade.
5. Royden Oaks homes for sale are very limited.
Royden Oaks residents have much to love about the neighborhood. Very few move out, and often only do so to relocate to bigger homes. In the last 5 years, only 10-12 homes go out on the market per year, each selling within a few weeks.
Royden Oaks Houston Realtor – Paige Martin
As featured on Fox News in the Morning, the Houston Business Journal, Houston Chronicle, and Houston Magazine, Paige Martin – a consistent Top Producing Broker-Associate and head of the Houston Properties Team – is ranked amongst the very top Keller Williams agents in the Houston area.
Paige is ranked as one of the top realtors in Royden Oaks Houston, and the state of Texas. Read more about the over 65 awards she’s won in the last few years.
Paige works with a tremendous number of buyers and sellers in Royden Oaks.
For a specific recommendation of neighborhoods, homes or properties based upon your personal style, goals & price point, please contact Paige Martin, head of the Houston Properties Team & Broker Associate at [email protected] or 713-425-4194.
