Is East Aurora, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, East Aurora has remained a Seller's Market.
Housing Prices in East Aurora, NY
How much do homes in East Aurora, NY cost?
Median Sold Price
$400,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in East Aurora was $400,000 in February 2024, up 2.6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $389.5K | $254.5K | -34.7% |
3 Bedrooms | $349.7K | $385.5K | +10.2% |
4 Bedrooms | $450K | $435K | -3.3% |
5+ Bedrooms | $400K | $503K | +25.8% |
Summary: East Aurora housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 25.8%.
Median Sold Price Compared To Nearby Cities
Aurora | $389.5K | $405K | +4.0% |
East Aurora | $390K | $400K | +2.6% |
Housing Supply in East Aurora, NY
How many homes are available in East Aurora, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 19 | -29.6% |
Summary: The East Aurora real estate market had 19 homes for sale in February 2024, a 29.6% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 14 | 9 | -35.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Aurora housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in East Aurora in February 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for East Aurora, NY
How long does it take to sell a home in East Aurora, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
65 Days | 17 Days | -73.8% |
Summary: Homes in East Aurora had an average of 17 days on market in Feb 2024, down by 73.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in East Aurora; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.