Is East Aurora, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Aurora was a Buyer's Market.
Key Takeaway
East Aurora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Aurora, NY
How much do homes in East Aurora, NY cost?
Median Sold Price
$396,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Aurora have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in East Aurora was $396,000 in April 2024, up 0.9% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $328K | $252.5K | -23.0% |
| 3 Bedrooms | $360K | $377.5K | +4.9% |
| 4 Bedrooms | $454K | $430K | -5.3% |
| 5+ Bedrooms | $452K | $503K | +11.3% |
Summary: East 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 decreased by 23%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Aurora | $390K | $400K | +2.6% |
| East Aurora | $392.5K | $396K | +0.9% |
Housing Supply in East Aurora, NY
How many homes are available in East Aurora, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The East Aurora real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The East Aurora housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Aurora, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in East Aurora in April 2024, up by 300.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 83 Days | 30 Days | -63.0% |
Summary: Homes in East Aurora had an average of 30 days on market in Apr 2024, down by 63% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Aurora are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in East Aurora; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
