Aurora Real Estate Statistics

Aurora Real Estate Price Trend
Aurora real estate average sold price in the last 30 days (May 7 - June 5) was $1,397,833, which is $16,628 (1.2%) lower than the average price of $1,414,461 in the previous 30 day period (April 7 - May 6), and $16,010 (1.1%) down from the same period 1 year ago ($1,413,843). Aurora real estate prices over the last 30 days are also $82,110 (5.9%) higher than the average selling price of $1,315,723 over the past year.
Aurora average sold price for homes was $1,585,297 in the last 30 days (May 7 - June 5), which is $7,006 (0.4%) up from the average home price of $1,578,291 in the previous 30 day period (April 7 - May 6), and $109,430 (6.9%) lower than the same period 1 year ago ($1,694,727). In the last 30 days Aurora the average home price was $96,640 (6.1%) higher than the average selling price of $1,488,657 over the last 12 months.
Average Aurora condo sold price over the last 30 days (May 7 - June 5) was $802,960. During this period it was $97,794 (12.2%) up from the average price of condo of $705,166 during the previous 30 days (April 7 - May 6), and $3,265 (0.4%) lower compared to the same period 1 year ago ($806,225). In the last 30 days Aurora the average condo price was $107,780 (13.4%) higher than the average selling price of $695,180 over the last year.
Average sold price of Aurora townhouse was $1,040,800 in the last 30 days (May 7 - June 5), down $121,469 (11.7%) from the average townhome price of $1,162,269 over the previous 30 days (April 7 - May 6), and $16,000 (1.5%) lower than during to the same period 1 year ago ($1,056,800). Over the last 30 days the average townhouse price in Aurora was $29,974 (2.9%) higher compared to the average selling price of $1,010,826 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Aurora real estate was $1,397,833 in the last 30 days (May 7 - June 5), which is collectively $86,184 (6.1%) higher than the average asking price of $1,419,948. This represents an increase of $26,021 (43.3%) compared to $60,163 (4.6%) Sold-Over-Asking price from the previous 30 day period (April 7 - May 6).
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 January, 2023 with $62,605 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 76.3% with 106 properties sold and 115 new properties listed in the past 30 days (May 7 - June 5). This represents a decrease from 85.2% recorded during the previous 30 day period (April 7 - May 6), and an increase from 40.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Aurora was 90.0% recorded in December and the lowest was in January at 50.7%. 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 106 properties that were successfully sold in Aurora in the last 30 days (May 7 - June 5) was 9 days, which is 1 days less than 10 days average in the previous 30 day period (April 7 - May 6) and 7 days shorter than during the same period a year ago (16 days).
There were 39 delisted properties in Aurora, those that got either Expired, Suspended or Terminated over the last 30 days (May 7 - June 5) with an average of 31 days on the market. This is 8 days shorter than the average of 39 days during the previous 30 day period (April 7 - May 6) and 4 days less compared to the same period last year average of 35 days on the market.
39 Aurora properties that didn't sell stayed on the market 244.4% longer than 106 that sucessfully sold over the last 30 days - 9 days when sold vs 31 days when delisted respectively.
Average Days on the Market in Aurora over the past 12 months for properties that have sold was 16.2 days, with 52.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
139 new properties were listed on the market in Aurora in the last 30 days (May 7 - June 5). During the same time 106 properties were sold and 39 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 4.3%).
During the previous 30 day period (April 7 - May 6) there were 115 new properties listed, 98 sold and 36 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 40 new listings and a yearly average of 105 new listings per month.
New Real Estate Listings by Property Type
There were a total of 90 homes listed during the last 30 days (May 7 - June 5), which is 64.7% of all properties listed in Aurora. This is a 16.9% increase compared with a previous 30 day period (April 7 - May 6) and 30.2% down from the same period a year ago. Over the past year an average of 72 homes are were listed per month.
11 condo units were listed in the last 30 days (May 7 - June 5) in Aurora, which represents 7.9% of all new listings. This is down 21.4% from the prior 30 day period (April 7 - May 6) and 10.0% more compared to the same period last year. There were 10 condos listed per month on average during the last 12 months.
38 townhomes were listed over the last 30 days (May 7 - June 5) in Aurora, which is 27.3% of all new real estate inventory. This is a 58.3% more than during the previous 30 day period (April 7 - May 6) and 9.5% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 23 a month.
Real Estate Sales by Property Type
There were a total of 73 homes sold during the last 30 days (May 7 - June 5), which is 68.9% of all properties sold in Aurora. This is a 10.6% increase compared with a previous 30 day period (April 7 - May 6) and 65.9% up from the same period a year ago. Over the past year an average of 49 homes are were sold per month.
8 condo units were sold in the last 30 days (May 7 - June 5) in Aurora, which represents 7.5% of all sold properties. This is up 33.3% from the prior 30 day period (April 7 - May 6) and 0.0% less compared to the same period last year. There were 6 condos sold per month on average during the last 12 months.
25 townhomes were sold over the last 30 days (May 7 - June 5) in Aurora, which is 23.6% of all sold real estate. This is a 3.8% less than during the previous 30 day period (April 7 - May 6) and 19.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 17 a month.
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