Aurora Monthly Market Update – Condominium/Townhome

Aurora Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

AURORA ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 2672 136 Insufficient YTD Data
Average Sales Price $249,781 $240,496 -3.7%
Median Sales Price $240,000 $239,000 -4%
Average Days to Contract 25 38 52%

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $250k                 52% 45% 53% 58% 53%
$250K-$500K                 41% 40% 35% 34% 46%
Above $500k                 29% 33% 0% 33% 40%
OVERALL % U/C                 46% 42% 44% 44% 49%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  589 584 515 417 495

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  202 221 197 171 132

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  2.91 2.76 2.5 2.11 2.68