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 seller's market

Buyer's
Market

Difference Since March 2023

Since last year, South Aurora has remained a Seller's Market.

Key Takeaway

South Aurora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Aurora, CO

How much do homes in South Aurora, CO cost?

Median Sold Price

$469,747

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$8,836(-1.8%)

Key Takeaway

Homes in South Aurora have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in South Aurora was $469,747 in March 2024, down 1.8% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $220K$215.1K
-2.2%
2 $349K$334.7K
-4.1%
3 $484.6K$467.1K
-3.6%
4 $554.9K$538.9K
-2.9%
5+ $680K$671.8K
-1.2%

Summary: South Aurora housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Centennial
+0.6%
South Aurora
-1.8%
Denver
-3.0%

Housing Supply in South Aurora, CO

How many homes are available in South Aurora, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,6631,975+18.8%

Summary: The South Aurora real estate market had 1,975 homes for sale in March 2024, a 18.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 109132
+21.1%
2 410468
+14.1%
3 548663
+21.0%
4 392455
+16.1%
5+ 204257
+26.0%

Summary: The South Aurora housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 26%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
444520+17.1%

Asking Price vs. Sold Price

163 Homes Were Sold
Under Asking

137 Homes Were Sold
At Asking

220 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Aurora, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.

Summary: A total of 520 homes were sold or pending in South Aurora in March 2024, up by 17.1% month-over-month. Of the 520 sold homes, 31% were sold under asking, 26% were sold at asking, and 42% 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

Mar 2023Mar 2024CHANGE
40 Days32 Days-18.9%

Summary: Homes in South Aurora had an average of 32 days on market in Mar 2024, down by 18.9% compared to last year.

Breakdown of Home Sale Times

377 Homes Were Sold
Under 30 Days

81 Homes Were Sold
In 30 - 90 Days

62 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 March 2024, 520 homes were sold in South Aurora; 73% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% 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 15 Days Ago

Newest Listings in South Aurora, CO

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