Aurora Real Estate Statistics

Aurora Real Estate Price Trend
Aurora real estate average sold price in the last 30 days (August 21 - September 19) was $1,379,149, which is $243,679 (17.7 %) higher than the average price of $1,135,470 in the previous 30 day period (July 22 - August 20), and $350,214 (25.4 %) up from the same period 1 year ago ($1,028,935). Aurora real estate prices over the last 30 days are also $199,108 (14.4 %) higher than the average selling price of $1,180,041 over the past year.
Aurora average sold price for homes was $1,763,851 in the last 30 days (August 21 - September 19), which is $447,284 (25.4 %) up from the average home price of $1,316,567 in the previous 30 day period (July 22 - August 20), and $547,012 (31.0 %) higher than the same period 1 year ago ($1,216,839). In the last 30 days Aurora the average home price was $387,749 (22.0 %) higher than the average selling price of $1,376,102 over the last 12 months.
Average Aurora condo sold price over the last 30 days (August 21 - September 19) was $674,769. During this period it was $35,457 (5.3 %) up from the average price of condo of $639,312 during the previous 30 days (July 22 - August 20), and $106,409 (15.8 %) higher compared to the same period 1 year ago ($568,360). In the last 30 days Aurora the average condo price was $68,657 (10.2 %) higher than the average selling price of $606,112 over the last year.
Average sold price of Aurora townhouse was $874,065 in the last 30 days (August 21 - September 19), down $28,142 (3.2 %) from the average townhome price of $902,207 over the previous 30 days (July 22 - August 20), and $108,358 (12.4 %) higher than during to the same period 1 year ago ($765,707). Over the last 30 days the average townhouse price in Aurora was $26,111 (3.0 %) higher compared to the average selling price of $847,954 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Aurora real estate was $1,379,149 in the last 30 days (August 21 - September 19), which is collectively $51,755 (3.8 %) higher than the average asking price of $1,371,809. This represents an increase of $12,064 (30.4 %) compared to $39,691 (3.5 %) Sold-Over-Asking price from the previous 30 day period (July 22 - August 20).
The maximum Sold Over/Under Asking ratio in Aurora during the last 12 months was recorded in March, 2021 with an average of $86,951 over the asking price, while the minimum occurring in September, 2020 with $18,528 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 108.4 % with 90 properties sold and 99 new properties listed in the past 30 days (August 21 - September 19). This represents a decrease from 111.1 % recorded during the previous 30 day period (July 22 - August 20), and an increase from 59.8 % compared to the same period one year ago.
Over the the last year the highest SNLR in Aurora was 136.1 % recorded in December and the lowest was in September at 62.7 %. 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 90 properties that were successfully sold in Aurora in the last 30 days (August 21 - September 19) was 19 days, which is 3 days more than 16 days average in the previous 30 day period (July 22 - August 20) and 1 days shorter than during the same period a year ago (20 days).
There were 38 delisted properties in Aurora, those that got either Expired, Suspended or Terminated over the last 30 days (August 21 - September 19) with an average of 61 days on the market. This is 7 days longer than the average of 54 days during the previous 30 day period (July 22 - August 20) and 16 days more compared to the same period last year average of 45 days on the market.
38 Aurora properties that didn't sell stayed on the market 221.1 % longer than 90 that sucessfully sold over the last 30 days - 19 days when sold vs 61 days when delisted respectively.
Average Days on the Market in Aurora over the past 12 months for properties that have sold was 19.3 days, with 44.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
83 new properties were listed on the market in Aurora in the last 30 days (August 21 - September 19). During the same time 90 properties were sold and 38 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 45 properties (or 54.2 %).
During the previous 30 day period (July 22 - August 20) there were 99 new properties listed, 110 sold and 34 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 281 new properties listed, the slowest - December with 61 new listings and a yearly average of 157 new listings per month.
New Real Estate Listings by Property Type
There were a total of 52 homes listed during the last 30 days (August 21 - September 19), which is 62.7 % of all properties listed in Aurora. This is a 18.8 % decline compared with a previous 30 day period (July 22 - August 20) and 69.6 % down from the same period a year ago. Over the past year an average of 110 homes are were listed per month.
9 condo units were listed in the last 30 days (August 21 - September 19) in Aurora, which represents 10.8 % of all new listings. This is down 18.2 % from the prior 30 day period (July 22 - August 20) and 50.0 % less compared to the same period last year. There were 13 condos listed per month on average during the last 12 months.
22 townhomes were listed over the last 30 days (August 21 - September 19) in Aurora, which is 26.5 % of all new real estate inventory. This is a 8.3 % less than during the previous 30 day period (July 22 - August 20) and 56.0 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 34 a month.
Real Estate Sales by Property Type
There were a total of 54 homes sold during the last 30 days (August 21 - September 19), which is 60.0 % of all properties sold in Aurora. This is a 19.4 % decline compared with a previous 30 day period (July 22 - August 20) and 40.0 % down from the same period a year ago. Over the past year an average of 91 homes are were sold per month.
13 condo units were sold in the last 30 days (August 21 - September 19) in Aurora, which represents 14.4 % of all sold properties. This is up 62.5 % from the prior 30 day period (July 22 - August 20) and 13.3 % less compared to the same period last year. There were 11 condos sold per month on average during the last 12 months.
23 townhomes were sold over the last 30 days (August 21 - September 19) in Aurora, which is 25.6 % of all sold real estate. This is a 34.3 % less than during the previous 30 day period (July 22 - August 20) and 39.5 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 32 a month.
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