Aurora Monthly Market Update – Single Family Homes

Aurora Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

 

AURORA SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 5058 272 Insufficient YTD Data
Average Sales Price $400,803 $390,480 -2.3%
Median Sales Price $370,000 $363,454 -1.7%
Average Days to Contract 26 43 +65%

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $500k                 45% 46% 53% 54% 61%
$500K – $750k                 31% 31% 34% 34% 39%
$750k-$1MM                 23% 25% 22% 31% 29%
$1mm+                 20% 0% 13% 0% 0%
OVERALL % U/C                 41% 42% 47% 47% 53%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
                  1264 1178 983 821 1 842

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
                  338 401 395 330 260

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES 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’
                  3.74 3.18 2.6 2.44 2.44