Is South Aurora, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Aurora is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, South Aurora was a Seller's Market.

Key Takeaway

South Aurora is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in South Aurora, CO

How much do homes in South Aurora, CO cost?

Median Sold Price

$477,617

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$2,191(+0.5%)

Key Takeaway

The sold price of homes in South Aurora has remained the same since last year.

Summary: The median home sold price in South Aurora was $477,617 in September 2024, up 0.5% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $223K$218.8K
-1.9%
2 $335.7K$334.2K
-0.4%
3 $471K$472.2K
0.3%
4 $541.3K$545.1K
+0.7%
5+ $719.1K$659.7K
-8.3%

Summary: South Aurora housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

South Aurora
0.5%
Centennial
-2.8%
Denver
-5.3%

Housing Supply in South Aurora, CO

How many homes are available in South Aurora, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1,9822,081+5.0%

Summary: The South Aurora real estate market had 2,081 homes for sale in September 2024, a 5.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 142169
+19.0%
2 506552
+9.1%
3 612628
+2.6%
4 481478
-0.6%
5+ 241254
+5.4%

Summary: The South Aurora housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 5.4%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
442336-24.0%

Asking Price vs. Sold Price

161 Homes Were Sold
Under Asking

88 Homes Were Sold
At Asking

87 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Aurora, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.

Summary: A total of 336 homes were sold or pending in South Aurora in September 2024, down by 24.0% month-over-month. Of the 336 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for South Aurora, CO

How long does it take to sell a home in South Aurora, CO?

Average Sale Time

Sep 2023Sep 2024CHANGE
23 Days34 Days+48.6%

Summary: Homes in South Aurora had an average of 34 days on market in Sep 2024, up by 48.6% compared to last year.

Breakdown of Home Sale Times

197 Homes Were Sold
Under 30 Days

113 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Aurora are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 336 homes were sold in South Aurora; 59% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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