Aurora, Ontario’s real estate market continues to evolve, offering diverse opportunities for both buyers and sellers. These statistics provide valuable insights into the dynamic nature of the Aurora housing market. Whether you’re a prospective homeowner or an investor, Aurora’s real estate market, within the city’s real estate market, offers various options for all.
1. Listings on the Market:
Aurora real estate market offers a wide range of residential properties, ensuring there’s something for everyone. Here’s the current availability in each category:
Aurora’s market has 164 homes listed, presenting ample choices for potential buyers to find their perfect homes.
With 18 townhomes on the market, these properties remain an attractive option, offering a balance between affordability and living space.
Aurora’s condo market features 32 listings, providing a convenient and low-maintenance lifestyle for interested buyers.
2. Average Listings Price in the Last Month:
Analyzing the average listing prices for the past month is essential to assess affordability and market trends:
The average listing price for homes in Aurora over the last month is $1,326,633, reflecting the commitment to quality and value within the real estate market.
The average listing price for townhomes in Aurora stands at $799,000 over the same period, offering affordability and comfortable living options.
The condo market in Aurora shows an average listing price of $599,000, making it an attractive and competitive segment within the market.
3. Change in Average Listing Price:
Understanding the shifts in average listing prices is crucial in evaluating market dynamics:
The average listing price for homes in Aurora increased by 1.9% over the last month, highlighting the market’s resilience and steady growth.
Aurora’s townhome market saw a slight increase of 0.5% in the average listing price during the same period, indicating a balanced and competitive market.
Condos in Aurora experienced a healthy 1% increase in average listing prices, demonstrating their competitiveness and desirability.
4. Average SOLD Price in the Last Month:
Examining the average sold prices provides valuable insights into the actual transaction values within the market:
Over the last month, Aurora’s homes experienced a 1% increase in the average sold price, indicating steady demand and stable property values.
Townhomes in Aurora had a minor decrease of -0.2% in the average sold price during the same period, offering opportunities for budget-conscious buyers.
The condo market in Aurora showed a healthy 0.5% increase in average sold prices, underscoring their appeal and competitiveness.
Inventory & SOLD Statistics:
The past 60 days witnessed significant activity in the Aurora real estate market:
There were 275 new home listings, with 220 homes sold during this period. The average days on the market for homes were 18 days, and the selling-to-listing price ratio stood at 99%, indicating a competitive and efficient market.
Aurora’s townhome market featured 65 new listings and 50 townhomes sold in the last 60 days. With an average of 15 days on the market and a selling-to-listing price ratio of 98%, townhomes continue to be in demand.
For condos, the market witnessed 120 new listings and 100 condo sales in the last 60 days. The average days on the market for condos was just 12 days, with a selling-to-listing price ratio of 97%, underlining the strong interest and demand in this segment.
