Is Northwest Aurora, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Northwest Aurora has remained a Seller's Market.
Housing Prices in Northwest Aurora, CO
How much do homes in Northwest Aurora, CO cost?
Median Sold Price
$420,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Northwest Aurora was $420,000 in March 2024, down 7.1% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $169K | -48.0% |
2 Bedrooms | $392.4K | $385K | -1.9% |
3 Bedrooms | $428.5K | $415K | -3.2% |
4 Bedrooms | $510K | $540K | +5.9% |
5+ Bedrooms | $520K | $555.7K | +6.9% |
Summary: Northwest Aurora housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Neighborhoods
Gateway Park | $360K | $398.2K | +10.6% |
New England Heights | $423K | $445K | +5.2% |
Northwest Aurora | $451.8K | $420K | -7.1% |
Housing Supply in Northwest Aurora, CO
How many homes are available in Northwest Aurora, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 60 | +25.0% |
Summary: The Northwest Aurora real estate market had 60 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 17 | 20 | +17.6% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Northwest Aurora housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 25 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Northwest Aurora in March 2024, up by 150.0% month-over-month. Of the 25 sold homes, 28% were sold under asking, 32% were sold at asking, and 40% were sold over asking.
Days on Market for Northwest Aurora, CO
How long does it take to sell a home in Northwest Aurora, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 23 Days | -6.9% |
Summary: Homes in Northwest Aurora had an average of 23 days on market in Mar 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Northwest Aurora; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.