Royal Oaks Home Sales Report May 2015

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In our last report on Royal Oaks, we projected rising values and rising prices. Today’s report confirms that our expectations have been met.

This popular Northeast Tallahassee neighborhood, located along the highly sought-after Thomasville Road corridor, features homes that are currently selling for just above $200,000, though you can occasionally find one below that level.

Even with home prices up since our last report, low mortgage interest rates continues to allow buyers to move up to Royal Oaks without putting a big dent on their monthly housing obligations. I suspect ten years from now, today’s Royal Oaks homebuyers are going to feel as if this purchase was the smartest thing they ever did (financially speaking of course).

In this report, we will look at prices, values, and sizes of homes in Royal Oaks, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 1991.

Royal Oaks Home Prices

For each of the three real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis. It is important to note that the analysis of the information that we provide is current through the second week of May 2015.

Home prices fell in 2014, but have since recovered from last year’s losses to return near 2013 levels. Currently, the average sales price of a home sold in Royal Oaks has been $212,600.

Average Home Prices

The pace of home sales continues to be very good for Royal Oaks. The 13 homes sold last year was the best year since 2005, and this year has not slowed down.

Royal Oaks Home Values

Average home values in Royal Oaks fell in 2014, but have rebounded a full 15% so far in 2015, equaling a five-year high.

Average Home Values

Through mid-May in 2015, the average value of a home sold in Royal Oaks has been $115 per square foot.

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Royal Oaks Home Sizes

The average home size sold in Royal Oaks typically falls in a range of 1,800 to 2,100 square feet, and 2015 has buyers choosing the smaller homes.

Average Home Sizes

The 5 home sales thus far in 2015 have averaged 1,842 square feet, meaning buyers are choosing the smaller homes and are “buying up” on the chance to live in Royal Oaks at a super price and value.

Homes For Sale In Royal Oaks

The following list of homes are the most recent listings in Royal Oaks.

Royal Oaks

Royal Oaks

2 Properties
1012 Remington Avenue
Thomasville, GA, 31792
Beds3Baths2MLS#395879
3828 Forsythe Way
Tallahassee, FL, 32309
Beds3Baths3MLS#405475

Royal Oaks Home Sales

The following list shows home sales going back to 1991 in Royal Oaks.

Home Sales in Royal Oaks

AddressPricePrice / SQFClosing DateYear BuiltSQFSale Type
2376 Royal Oaks Dr$300,000$1292026-09-2519822,326Resale
2975 Barclay Ct$425,000$1592026-08-0719882,678Resale
3958 Royal Oaks Dr$340,000$1712026-06-2619971,994Resale
3020 Barclay Ct$385,000$1822026-05-2819902,112Resale
4145 Yardley Cir$411,400$2172026-04-2119791,900Resale
4012 Yardley Cir$345,000$2212026-03-2319831,561Resale
3915 Royal Oaks Dr$425,000$2022026-03-1319842,100Resale
3900 Royal Oaks Ct$425,000$2012026-01-2319842,112Resale
2813 Chumleigh Cir$385,000$1882025-12-1219802,046Resale
3909 Royal Oaks Dr$359,900$1912025-10-1019851,886Resale
2387 Royal Oaks Dr$420,000$1962025-09-1219792,145Resale
2684 Chumleigh Cir$365,000$1372025-07-1019842,657Resale
3808 Forsythe Way$375,000$1892025-06-3019851,984Resale
2899 Royal Oaks Dr$452,500$1752025-05-3019872,592Resale
4000 Yardley Cir$349,000$1852024-09-1619791,888Resale
2656 Chumleigh Cir$430,000$1872024-04-2319812,302Resale
2615 Royal Oaks Dr$385,000$1642024-03-0519792,346Resale
3923 Forsythe Way$425,900$1622023-12-2119862,626Resale
3933 Runnymede Rd$418,000$1292023-08-1119793,228Resale
4019 Yardley Cir$350,000$1982023-07-0719791,766Resale
3002 Barclay Ct$435,000$2202023-05-3119861,977Resale
4000 Forsythe Way$409,900$2192023-04-2719891,874Resale
4036 Yardley Cir$350,000$2142023-02-1419791,635Resale
3900 Royal Oaks Dr$450,000$1452022-11-0719893,104Resale
2427 Lancelot Dr$380,000$2262022-09-2819921,684Resale
2516 Chumleigh Cir$410,000$2272022-09-1619791,810Resale
4072 Yardley Cir$365,000$2172022-09-0219791,684Resale
3825 Forsythe Way$470,000$1862022-06-2819852,526Resale
3832 Forsythe Way$430,000$2162022-06-1019851,991Resale
4036 Yardley Cir$367,000$2242022-06-0919791,635Resale
2755 Chumleigh Cir$376,500$2512022-01-2819801,500Resale
2505 Royal Oaks Dr$350,000$1702021-12-2919952,056Resale
2987 Barclay Ct$355,000$1672021-10-2919862,130Resale
2865 Royal Oaks Dr$320,000$1492021-10-1919912,144Resale
3918 Royal Oaks Dr$350,000$1612021-07-3019862,171Resale
2627 Chumleigh Cir$330,100$1782021-06-3019821,854Resale
2847 Royal Oaks Dr$330,000$1452021-06-3019872,270Resale
3047 Barclay Ct$280,000$1192021-06-3019892,349Resale
2319 Lancelot Dr$255,000$1602020-12-1819791,594Resale
4127 Yardley Cir$268,000$1692020-11-1819791,584Resale
2427 Lancelot Dr$284,900$1692020-10-3019921,684Resale
2487 Royal Oaks Dr$287,000$1552020-09-1819801,851Resale
4145 Yardley Cir$335,000$1762020-09-1119791,900Resale
4090 Yardley Cir$240,000$1532020-08-1919791,564Resale
4072 Camelot Way$269,500$1322020-07-0719822,034Resale
4072 Yardley Cir$273,000$1622020-05-0819791,684Resale
2669 Royal Oaks Drive$221,000$1382020-05-0619821,606Resale
2882 Royal Oaks Dr$329,000$1512020-04-3019872,176Resale
3904 Royal Oaks Ct$260,000$1732020-04-2419851,506Resale
4081 Yardley Cir$268,200$1762020-04-1719791,522Resale
2984 Barclay Ct$305,000$1522020-04-1519852,010Resale
2996 Barclay Ct$265,000$1312019-11-2219852,017Resale
3904 Forsythe Way$280,000$1352019-09-2019852,070Resale
2905 Arrow Ct$275,000$1302019-08-2919862,117Resale
2599 Chumleigh Cir$247,000$1422019-06-2719801,741Resale
3920 Forsythe Way$324,900$1472019-05-0319852,209Resale
2832 Chumleigh Cir$268,000$1202019-04-3019872,236Resale
2850 Chumleigh Cir$286,900$1192019-04-2619832,408Resale
4054 Camelot Way$219,000$1332019-03-1519791,652Resale
2905 Brey Ct$290,500$1442018-12-0719922,017Resale
2882 Royal Oaks Dr$280,000$1292018-09-2819872,176Resale
2633 Royal Oaks Dr$242,000$1122018-09-2019852,162Resale
4571 Barclay Ln$276,500$1502018-09-2019931,848Resale
3914 Royal Oaks Dr$280,000$1242018-08-2719892,256Resale
2865 Royal Oaks Dr$249,000$1162018-08-2419912,144Resale
2387 Royal Oaks Dr$285,000$1332018-07-2719792,145Resale
4072 Yardley Cir$250,000$1482018-05-0419791,684Resale
2899 Royal Oaks Dr$300,000$1162018-01-3019872,592Resale
4571 Barclay Ln$185,000$1002017-12-2119931,848Resale
3920 Forsythe Way$299,900$1362017-10-3019852,209Resale
4072 Camelot Way$207,000$1022017-10-0619822,034Resale
3905 Royal Oaks Ct$283,000$1032017-10-0619852,753Resale
2990 Barclay Ct$275,000$1212017-08-3019882,281Resale
4019 Yardley Cir$200,000$1132017-07-2819791,766Resale
4126 Yardley Cir$225,000$1362017-07-2019811,655Resale
4036 Yardley Cir$225,000$1382017-07-2019791,635Resale
2814 Chumleigh Cir$249,000$1212017-06-2019862,053Resale
3929 Royal Oaks Dr$275,000$1282017-05-3119852,153Resale
2348 Royal Oaks Dr$225,000$1212017-04-2819821,853Resale
3969 Runnymede Rd$277,000$932017-03-0819792,991Resale
2792 Royal Oaks Drive$275,000$1392016-12-1219851,984Resale
3949 Royal Oaks Dr$370,000$1182016-11-1019863,127Resale
3919 Forsythe Way$208,000$1082016-09-3019851,920Resale
3035 Barclay Ct$246,500$1122016-05-2719882,192Resale
2337 Lancelot Dr$170,000$1012016-03-2519791,683Resale
2792 Royal Oaks Drive$159,000$802015-11-3019851,984Resale
3918 Royal Oaks Dr$235,000$1082015-10-1619862,171Resale
3988 Runnymede Rd$232,000$992015-10-0719812,349Resale
2904 Carnaby Ct$235,000$982015-09-2519852,404Resale
3928 Forsythe Way$260,000$1192015-09-2519852,181Resale
2432 Royal Oaks Dr$220,000$1172015-08-2419811,884Resale
3954 Royal Oaks Dr$255,000$1142015-08-1219862,240Resale
2409 Lancelot Dr$193,000$1072015-07-2719781,800Resale
2516 Chumleigh Cir$249,000$1382015-07-1719791,810Resale
2856 Royal Oaks Dr$245,000$1122015-06-1919872,188Resale
2427 Lancelot Dr$210,000$1252015-05-1519921,684Resale
4127 Yardley Cir$173,000$1092015-05-0819791,584Resale
3017 Barclay Ct$230,000$1222015-04-2419851,887Resale
3825 Forsythe Way$220,000$872015-04-0219852,526Resale
3932 Forsythe Way$230,000$1192015-03-2719851,933Resale

I hope you enjoyed our May 2015 update on home sales in Royal Oaks, please feel free to drop me a note if you have questions not covered in this report.

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