Aurora Real Estate Market Trends

November Market Conditions

Detached Style Single-Family Homes

The median price of homes on the market in Aurora remained fairly steady in the month of November, going from $225,500 in October to $224,900 in November. On the other hand, the average price of homes sold during the month of November rose from $204,500 in October to $209,000. The number of homes on the market dropped substantially during the month of November, from 1,448 units in October to 1,299. Unfortunately the number of homes sold during that time also dropped from 156 in October to 128 in November. Likely, most of the reduction in inventory resulted from listings being cancelled or expiring over the winter months. This fostered an over-all reduction in inventory from a 7-month inventory of homes in October to 6.8 months in November.

Access these detailed reports here:
November Median Sales
November Supply and Demand
November Inventory

Attached Style Single-Family Homes

The median price of homes on the market in Aurora remained fairly steady in the month of November remaining at $189,900. On the other hand, the average price of homes sold during the month of November fell from $174,950 in October to $170,875. As was the case with detatched style homes, the number of attached styles homes on the market dropped substantially during the month of November, from 628 units in October to 572. The number of homes sold during that time rose from 60 in October to 68 in November. As was the case with detached homes in Aurora, likely, most of the reduction in inventory resulted from listings being cancelled or expiring over the winter months. Despite this reduction, it wasn't enough to reverse the growing inventory of attached homes - rising from a 2-year high of 7.7 months in October to a new high of 8.2 months in November.

Access these detailed reports here:
November Median Sales
November Supply and Demand
November Inventory