Aurora Real Estate Statistics

Aurora Real Estate Price Trend
Aurora real estate average sold price in the last 30 days (February 27 - March 27) was $1,431,286, which is $34,171 (2.4%) higher than the average price of $1,397,115 in the previous 30 day period (January 28 - February 26), and $9,157 (0.6%) up from the same period 1 year ago ($1,422,129). Aurora real estate prices over the last 30 days are also $103,845 (7.3%) higher than the average selling price of $1,327,441 over the past year.
Aurora average sold price for homes was $1,656,899 in the last 30 days (February 27 - March 27), which is $11,780 (0.7%) up from the average home price of $1,645,119 in the previous 30 day period (January 28 - February 26), and $74,652 (4.5%) higher than the same period 1 year ago ($1,582,247). In the last 30 days Aurora the average home price was $109,545 (6.6%) higher than the average selling price of $1,547,354 over the last 12 months.
Average Aurora condo sold price over the last 30 days (February 27 - March 27) was $807,225. During this period it was $168,407 (20.9%) up from the average price of condo of $638,818 during the previous 30 days (January 28 - February 26), and $180,845 (22.4%) higher compared to the same period 1 year ago ($626,380). In the last 30 days Aurora the average condo price was $141,727 (17.6%) higher than the average selling price of $665,498 over the last year.
Average sold price of Aurora townhouse was $1,175,213 in the last 30 days (February 27 - March 27), up $93,783 (8.0%) from the average townhome price of $1,081,430 over the previous 30 days (January 28 - February 26), and $154,588 (13.2%) higher than during to the same period 1 year ago ($1,020,625). Over the last 30 days the average townhouse price in Aurora was $171,049 (14.6%) higher compared to the average selling price of $1,004,164 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Aurora real estate was $1,431,286 in the last 30 days (February 27 - March 27), which is collectively $30,746 (2.1%) higher than the average asking price of $1,479,567. This represents an increase of $32,511 (1,842.0%) compared to $1,765 (0.1%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Aurora during the last 12 months was recorded in May, 2023 with an average of $82,930 over the asking price, while the minimum occurring in November, 2023 with $66,237 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Aurora was 55.3% with 83 properties sold and 110 new properties listed in the past 30 days (February 27 - March 27). This represents a decrease from 73.6% recorded during the previous 30 day period (January 28 - February 26), and a decrease from 91.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Aurora was 181.3% recorded in July and the lowest was in October at 34.2%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 83 properties that were successfully sold in Aurora in the last 30 days (February 27 - March 27) was 24 days, which is 4 days more than 20 days average in the previous 30 day period (January 28 - February 26) and 15 days longer than during the same period a year ago (9 days).
There were 49 delisted properties in Aurora, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 44 days on the market. This is 34 days shorter than the average of 78 days during the previous 30 day period (January 28 - February 26) and 5 days less compared to the same period last year average of 49 days on the market.
49 Aurora properties that didn't sell stayed on the market 83.3% longer than 83 that sucessfully sold over the last 30 days - 24 days when sold vs 44 days when delisted respectively.
Average Days on the Market in Aurora over the past 12 months for properties that have sold was 20.0 days, with 50.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
150 new properties were listed on the market in Aurora in the last 30 days (February 27 - March 27). During the same time 83 properties were sold and 49 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 18 properties (or 12.0%).
During the previous 30 day period (January 28 - February 26) there were 110 new properties listed, 81 sold and 40 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 153 new properties listed, the slowest - December with 30 new listings and a yearly average of 118 new listings per month.
New Real Estate Listings by Property Type
There were a total of 102 homes listed during the last 30 days (February 27 - March 27), which is 68.0% of all properties listed in Aurora. This is a 36.0% increase compared with a previous 30 day period (January 28 - February 26) and 25.9% up from the same period a year ago. Over the past year an average of 78 homes are were listed per month.
18 condo units were listed in the last 30 days (February 27 - March 27) in Aurora, which represents 12.0% of all new listings. This is up 50.0% from the prior 30 day period (January 28 - February 26) and 800.0% more compared to the same period last year. There were 13 condos listed per month on average during the last 12 months.
30 townhomes were listed over the last 30 days (February 27 - March 27) in Aurora, which is 20.0% of all new real estate inventory. This is a 30.4% more than during the previous 30 day period (January 28 - February 26) and 15.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 27 a month.
Real Estate Sales by Property Type
There were a total of 51 homes sold during the last 30 days (February 27 - March 27), which is 61.4% of all properties sold in Aurora. This is a 5.6% decline compared with a previous 30 day period (January 28 - February 26) and 32.0% down from the same period a year ago. Over the past year an average of 60 homes are were sold per month.
9 condo units were sold in the last 30 days (February 27 - March 27) in Aurora, which represents 10.8% of all sold properties. This is down 18.2% from the prior 30 day period (January 28 - February 26) and 80.0% more compared to the same period last year. There were 8 condos sold per month on average during the last 12 months.
23 townhomes were sold over the last 30 days (February 27 - March 27) in Aurora, which is 27.7% of all sold real estate. This is a 43.8% more than during the previous 30 day period (January 28 - February 26) and 15.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 23 a month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1271730826