What homes here actually sell for
The Royalton Market Update, August 2026: Prices, Sales and Ten-Year Trends
Updated August 2026
Bottom line: The median home at The Royalton sold for $466,062, an average of $348 per square foot, with 9 sales in the trailing twelve months out of 253 homes. Figures as of August 2026.
By the numbers
The Royalton Real Estate Market — August 2026
- $466,062
- Median sale price
- 21
- Median days on market
- 9
- Homes sold, trailing 12 months
- $348
- Average price per square foot
The Royalton market data as of August 2026.
What is a home at The Royalton worth right now?
The median sale price is $466,062, measured across homes sold since February 2026, at an average of $348 per square foot. 9 homes changed hands in the trailing twelve months out of the 253 in the building. The median home went under contract after 21 days on market and homes closed at about 96.8 percent of their asking price. Every figure on this page comes from the market-statistics feed behind this site and was computed as of August 2026.
Read the time on market and the sale-to-list ratio together, because each explains the other. A short median time to contract alongside a ratio below asking usually describes homes that were priced to move and then negotiated, rather than homes that drew competing offers. That is a normal and fairly healthy pattern; it is not a distressed one, and it is not a bidding war either.
It also hides its own spread. In a building with 27 floor plans, a well-positioned home and an awkward one can sit at opposite ends of the range while the median sits placidly between them. The figure worth asking for on a specific home is the time on market for others of the same plan, not the building median.
Have prices at The Royalton risen over the last ten years?
The feed behind this site carries a ten-year series for this building, and the answer depends on which series you read. The median sale price has moved within a band across the decade rather than climbing steadily. The median rate per square foot has risen more consistently, from the low three hundreds in the earliest years of the series to the upper three hundreds most recently.
The two diverging is the informative part, and the explanation is arithmetic rather than economic. The median sale price follows which homes sold: a year in which several of the larger plans changed hands lifts it without anything about the market having moved. The median rate per square foot mostly removes that effect, because it adjusts for size. So the rate series is the better guide to whether values here have moved, and the price series is the better guide to what a buyer has actually been paying to get in.
The number of sales in the table is the other thing worth studying. It ranges from single figures to more than twenty across the decade, which is the whole reason a single year's median should be read cautiously. The thinnest year in the series is 2022, and it is not a coincidence: the building was evacuated that August after a water line serving its fire sprinkler system broke, and residents were not allowed back until October.
| Year | Homes sold | Median sale price | Median per square foot | Median combined tax rate |
|---|---|---|---|---|
| 2017 | 16 | $493,250 | $312.67 | 2.53% |
| 2018 | 18 | $562,500 | $344.91 | 2.53% |
| 2019 | 18 | $585,000 | $339.92 | 2.53% |
| 2020 | 10 | $513,750 | $328.99 | 2.53% |
| 2021 | 24 | $541,500 | $314.63 | 2.40% |
| 2022 | 9 | $503,000 | $318.15 | 2.40% |
| 2023 | 12 | $506,250 | $335.26 | 2.33% |
| 2024 | 14 | $518,750 | $361.83 | 2.01% |
| 2025 | 10 | $604,500 | $349.90 | 2.09% |
| 2026 | 7 | $513,124 | $348.88 | 2.09% |
Did the 2022 evacuation change what homes here sell for?
Not in a way the published figures show. In the table above, 2022 is the thinnest year of the decade for sales, and both its price median and its rate per square foot sit inside the range of the surrounding years rather than beneath it. The years since have carried the rate per square foot into the upper part of its ten-year range.
That is a real observation and it should be stated with its limits. A year of very few sales produces a median describing those few homes, so the honest reading is that the record does not show a lasting repricing, not that the event had no effect. Buyers who were put off did not transact, and homes that would have sold at a discount may simply never have been listed.
The question that matters more to someone buying now is not what happened to prices in 2022 but what the repair cost the association and how it was funded. That shows up in reserves, in special assessments and in the monthly fee, not in a sale price, and the documents that answer it are the resale certificate and the association's own budget.
How much weight can these figures carry?
More than a small tower's and less than a neighbourhood's. With 253 homes this building produces enough annual sales for a median to describe something real, which is not true of a building of seventy or ninety homes where three or four sales a year is normal. It does not produce enough for a month-over-month reading to mean anything at all, and this site will not publish one.
The test is in the table. A figure computed on a set that ranges from single figures to more than twenty homes a year will move for reasons that have nothing to do with the market: a different mix of plans, a run of larger homes, a quiet twelve months after a disruptive one. That is not a flaw in the data; it is what a building-level statistic is.
The practical consequence for a buyer is that the building median is context, not a valuation. A home here should be priced against a comparable set drawn from the same plan, a similar floor and a similar outlook — a set that is usually small enough to name individually. That is a different exercise from reading the number at the head of this page, and it is the one that decides an offer.
What can this page not tell you?
How the plans differ in what they fetch. The feed reports the building as a whole, so nothing here separates a one-bedroom from a three-bedroom, a low floor from a high one, or a park-facing home from one looking into a neighbouring building. Those differences are large and they are the substance of pricing a specific home.
What is on the market today. These are trailing figures recomputed overnight, not a listing feed, and the standing inventory at a building this size turns over faster than any published median does.
And it cannot tell you what a particular home is worth. The median is the middle of a small set of homes that are not much like each other. What it is good for is establishing the band this address occupies and whether that band is the one you are shopping in.
Questions & answers
The Royalton questions, answered
What is the median sale price at The Royalton?
The median sale price at The Royalton is $466,062, measured across homes sold since February 2026 and computed by the market-statistics feed behind this site as of August 2026. Homes here have recently been closing at about 96.8 percent of the price they were listed at.
A median in a building this size is a real number rather than a guess, but it is still the middle of a small set, and it moves with which homes changed hands rather than with what any particular home is worth. Twenty-seven floor plans mean the sold set in any given year is a different mix of sizes from the year before. Use the median to understand the price band this address occupies, and use a comparable set drawn from the same plan and a similar floor to price a specific home.
What does a square foot cost at The Royalton?
The average price per square foot on homes sold at The Royalton is $348, as the market-statistics feed computed it as of August 2026. That is the figure to carry into a comparison with another building, because it is the one that adjusts for the wide spread of home sizes here.
Per-square-foot figures compare buildings better than they compare homes. Within this tower a small home usually carries a higher rate than a large one, because the parts of a home that cost most to build, the kitchen and the bathrooms, are a bigger share of a small floor plan. So a home priced above the building average is not necessarily expensive and one below it is not necessarily good value. Read the rate as the building's position in the market, then judge a specific home against others of its own size and plan.
How many homes sell at The Royalton in a year?
9 homes sold at The Royalton in the trailing twelve months, out of 253 in the building, as the market-statistics feed computed it as of August 2026. At that pace the homes standing on the market here represent about 5.3 months of supply.
Turnover of that order is normal for a condominium tower and it has a consequence buyers rarely think through: the pool of homes for sale here at any moment is small, and it is drawn from 27 different plans. So the practical question is rarely whether to buy in this building; it is whether the plan and the exposure a buyer wants is on the market now, or whether it is worth waiting for. Two or three homes for sale is a full inventory here rather than a thin one, which is why the building's own plan mix is worth understanding before you start looking.
How long does a home at The Royalton take to sell?
The median home sold at The Royalton went under contract after 21 days on market, as the market-statistics feed computed it as of August 2026, and homes closed at about 96.8 percent of asking. Those two figures together describe a building where correctly priced homes move.
Read them together rather than separately, because each explains the other. A short median time on market alongside a sale-to-list ratio below asking usually describes homes that were priced to sell and then negotiated, rather than homes that attracted competing offers. The number also hides its own spread: in a building with this many plans, a well-positioned home and an awkward one can sit at opposite ends of the range while the median sits between them. The number to ask for is the time on market for homes of the same plan.
Have prices at The Royalton risen over the last ten years?
Modestly, and not in a straight line. The market-statistics feed behind this site carries a ten-year series of medians for this building, and across that decade the median sale price has moved within a band rather than climbing steadily, while the median price per square foot has risen more consistently.
The two series diverging is the interesting part, and it has a simple explanation: the median sale price follows which homes sold, and the median rate per square foot mostly does not. A year in which several larger homes changed hands lifts the price median without anything about the market having changed. So the per-square-foot series is the better guide to whether values here have moved, and the price series is the better guide to what a buyer has actually been paying to get in. Over the same decade the building's monthly fee has climbed far more steadily than either.
How much weight can The Royalton's market figures carry?
More than a small tower's, and less than a neighbourhood's. With 253 homes this building produces enough sales a year for a median to mean something, but not enough for a month-over-month reading to mean anything. Treat the figures as a description of a price band, not as a trend line.
There is a concrete test for this. In the ten-year series behind this site, the number of homes sold in a year has ranged from single figures to more than twenty. A statistic computed on a set that varies by that much year to year will move for reasons that have nothing to do with the market: a different mix of plans, a run of larger homes, a quiet twelve months. That is not a defect in the data. It is what a building-level statistic is, and reading it as though it were a city-level one is the mistake worth avoiding.