Aurora Real Estate Statistics
Aurora Real Estate Price Trend
Aurora real estate average sold price in the last 30 days (October 21 - November 19) was $1,432,327, which is $103,965 (7.3%) higher than the average price of $1,328,362 in the previous 30 day period (September 21 - October 20), and $86,724 (6.1%) up from the same period 1 year ago ($1,345,603). Aurora real estate prices over the last 30 days are also $84,634 (5.9%) higher than the average selling price of $1,347,693 over the past year.
Aurora average sold price for homes was $1,681,035 in the last 30 days (October 21 - November 19), which is $105,409 (6.3%) up from the average home price of $1,575,626 in the previous 30 day period (September 21 - October 20), and $89,593 (5.3%) higher than the same period 1 year ago ($1,591,442). In the last 30 days Aurora the average home price was $86,770 (5.2%) higher than the average selling price of $1,594,265 over the last 12 months.
Average Aurora condo sold price over the last 30 days (October 21 - November 19) was $649,500. During this period it was $2,086 (0.3%) up from the average price of condo of $647,414 during the previous 30 days (September 21 - October 20), and $52,900 (8.1%) higher compared to the same period 1 year ago ($596,600). In the last 30 days Aurora the average condo price was $33,269 (5.1%) lower than the average selling price of $682,769 over the last year.
Average sold price of Aurora townhouse was $1,008,100 in the last 30 days (October 21 - November 19), down $18 (0.0%) from the average townhome price of $1,008,118 over the previous 30 days (September 21 - October 20), and $74,116 (7.4%) higher than during to the same period 1 year ago ($933,984). Over the last 30 days the average townhouse price in Aurora was $1,176 (0.1%) higher compared to the average selling price of $1,006,924 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Aurora real estate was $1,432,327 in the last 30 days (October 21 - November 19), which is collectively $50,395 (3.4%) lower than the average asking price of $1,461,325. This represents a decline of $36,778 (270.1%) compared to $13,617 (0.8%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Aurora during the last 12 months was recorded in April, 2024 with an average of $43,520 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 51.3% with 79 properties sold and 151 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 41.7% recorded during the previous 30 day period (September 21 - October 20), and an increase from 43.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Aurora was 163.3% recorded in December and the lowest was in September at 33.8%. 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 79 properties that were successfully sold in Aurora in the last 30 days (October 21 - November 19) was 40 days, which is 20 days more than 20 days average in the previous 30 day period (September 21 - October 20) and 16 days longer than during the same period a year ago (24 days).
There were 131 delisted properties in Aurora, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 48 days on the market. This is 3 days shorter than the average of 51 days during the previous 30 day period (September 21 - October 20) and 1 days more compared to the same period last year average of 47 days on the market.
131 Aurora properties that didn't sell stayed on the market 20.0% longer than 79 that sucessfully sold over the last 30 days - 40 days when sold vs 48 days when delisted respectively.
Average Days on the Market in Aurora over the past 12 months for properties that have sold was 24.9 days, with 53.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
154 new properties were listed on the market in Aurora in the last 30 days (October 21 - November 19). During the same time 79 properties were sold and 131 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 56 properties (or 36.4%).
During the previous 30 day period (September 21 - October 20) there were 151 new properties listed, 63 sold and 116 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 203 new properties listed, the slowest - December with 30 new listings and a yearly average of 147 new listings per month.
New Real Estate Listings by Property Type
There were a total of 96 homes listed during the last 30 days (October 21 - November 19), which is 62.3% of all properties listed in Aurora. This is a 11.9% decline compared with a previous 30 day period (September 21 - October 20) and 24.7% up from the same period a year ago. Over the past year an average of 98 homes are were listed per month.
28 condo units were listed in the last 30 days (October 21 - November 19) in Aurora, which represents 18.2% of all new listings. This is up 250.0% from the prior 30 day period (September 21 - October 20) and 27.3% more compared to the same period last year. There were 17 condos listed per month on average during the last 12 months.
30 townhomes were listed over the last 30 days (October 21 - November 19) in Aurora, which is 19.5% of all new real estate inventory. This is a 11.8% less than during the previous 30 day period (September 21 - October 20) and 11.1% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 32 a month.
Real Estate Sales by Property Type
There were a total of 53 homes sold during the last 30 days (October 21 - November 19), which is 67.1% of all properties sold in Aurora. This is a 32.5% increase compared with a previous 30 day period (September 21 - October 20) and 43.2% up from the same period a year ago. Over the past year an average of 49 homes are were sold per month.
6 condo units were sold in the last 30 days (October 21 - November 19) in Aurora, which represents 7.6% of all sold properties. This is down 14.3% from the prior 30 day period (September 21 - October 20) and 20.0% more compared to the same period last year. There were 9 condos sold per month on average during the last 12 months.
20 townhomes were sold over the last 30 days (October 21 - November 19) in Aurora, which is 25.3% of all sold real estate. This is a 25.0% more than during the previous 30 day period (September 21 - October 20) and 53.8% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 18 a month.