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 April 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

$484,948

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$11,486(-2.3%)

Key Takeaway

Homes in South Aurora have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in South Aurora was $484,948 in April 2024, down 2.3% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $225K$219K
-2.7%
2 $350K$335K
-4.3%
3 $496.3K$475K
-4.3%
4 $561.3K$555.6K
-1.0%
5+ $708.5K$700K
-1.2%

Summary: South Aurora housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Centennial
+1.2%
South Aurora
-2.3%
Denver
-3.4%

Housing Supply in South Aurora, CO

How many homes are available in South Aurora, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,0041,480+47.4%

Summary: The South Aurora real estate market had 1,480 homes for sale in April 2024, a 47.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 64112
+75.0%
2 237354
+49.4%
3 329454
+38.0%
4 249360
+44.6%
5+ 125200
+60.0%

Summary: The South Aurora housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 49.4%, 3 bedroom homes increased by 38%, 4 bedroom homes increased by 44.6%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
145346+138.6%

Asking Price vs. Sold Price

110 Homes Were Sold
Under Asking

93 Homes Were Sold
At Asking

143 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. 41.3% of homes here sold above asking price last month.

Summary: A total of 346 homes were sold or pending in South Aurora in April 2024, up by 138.6% month-over-month. Of the 346 sold homes, 32% were sold under asking, 27% were sold at asking, and 41% 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

Apr 2023Apr 2024CHANGE
18 Days21 Days+20.3%

Summary: Homes in South Aurora had an average of 21 days on market in Apr 2024, up by 20.3% compared to last year.

Breakdown of Home Sale Times

278 Homes Were Sold
Under 30 Days

48 Homes Were Sold
In 30 - 90 Days

20 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 April 2024, 346 homes were sold in South Aurora; 80% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 6% 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 1 Day Ago

Newest Listings in South Aurora, CO

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