Aurora Real Estate Market Update May 2018


Real Estate In Aurora is a sellers’ market with low inventory of homes in Aurora and a lot of buyer interest. There is a 3.88 months supply of inventory on the market in Aurora on May 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Aurora last month was 30 days.
It took on average 18 days to sell Aurora Condo, Townhouse or a Duplex.
The number of home sales in Aurora from April 1, 2018 through April 30, 2018 was 199 units. That is 1% above the number of homes sold last month in Aurora.

The average price per square foot in the area is now $115/Sq.Ft, which is 3% a decline from last month.



In Aurora there were 32 units sold in April in the price range between $70,000 – $144,376 with an average of 2.6 bedrooms and 1.1 bathrooms and average Square footage of 1,090SF.

In Aurora there were 162 units sold in April in the price range between $144,377 – $404,325 with an average of 3.2 bedrooms and 2 bathrooms and average Square footage of 1,824SF.

In Aurora there were 5 units sold in April in the price range between $404,326 – $589,900 with an average of 4.6 bedrooms and 3.2 bathrooms and average Square footage of 3,395SF.

The low price range had the most activity. Homes up to $144,376 were on the market on average 32 days and sold an average of $114,692.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Aurora. Search all Aurora homes for Sale on propertyup.com If you are considering viewing Aurora, you may want to do so now!

Aurora
Mar 1, 2018 – Mar 31, 2018
Apr 1, 2018 – Apr 30, 2018
Month
March
April
Average Listing Price
$212,667
$213,868
Median Sales Price
$224,335
$218,751
Month supply of inventory
3.3
3.9
Market Time Detached
44 days
30 days
Market Time Attached
26 days
18 days
Inventory
761 properties
880 properties
Low price range
$55,000 – $139,668
$70,000 – $144,376
Low price range market time
41 days
32 days
Low price range units sold
0
32
Low price range bedrooms
2.2
2.6
Low price range bathrooms
1.3
1.1
Low price range approx sqft
981 SF
1,090 SF
Mid price range
$139,669 – $447,167
$144,377 – $404,325
Mid price range market time
38 days
26 days
Mid price range units sold
131
162
Mid price range bedrooms
3.1
3.2
Mid price range bathrooms
2
2
Mid price range approx sqft
1,835 SF
1,824 SF
High price range
$447,168 – $670,000
$404,326 – $589,900
High price range market time
26 days
16 days
High price range units sold
4
5
High price range bedrooms
4.3
4.6
High price range bathrooms
3.1
3.2
High price range approxsqft
3,474 SF
3,395 SF

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source http://realestatevibe.com/aurora-real-estate-market-update-May-2018/

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