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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Aurora is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Northwest 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 Northwest Aurora, CO

How much do homes in Northwest Aurora, CO cost?

Median Sold Price

$434,000

$330/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

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

Summary: The median home sold price in Northwest Aurora was $434,000 in April 2024, the same as last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$169K
N/A
2 $396.9K$399K
0.5%
3 $416.3K$416K
-0.1%
4 $515K$700K
+35.9%
5+ $485K$556K
+14.6%

Summary: Northwest Aurora housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Neighborhoods

New England Heights
+7.5%
Northwest Aurora
0.0%

Housing Supply in Northwest Aurora, CO

How many homes are available in Northwest Aurora, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2942+44.8%

Summary: The Northwest Aurora real estate market had 42 homes for sale in April 2024, a 44.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 913
+44.4%
3 1315
+15.4%
4 27
+250.0%
5+ 47
+75.0%

Summary: The Northwest Aurora housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 250%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Aurora, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Northwest Aurora in April 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Apr 2023Apr 2024CHANGE
22 Days51 Days+132.3%

Summary: Homes in Northwest Aurora had an average of 51 days on market in Apr 2024, up by 132.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Northwest Aurora; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in Northwest Aurora, CO

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