Is South Aurora, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, South Aurora has remained a Seller's Market.
Housing Prices in South Aurora, CO
How much do homes in South Aurora, CO cost?
Median Sold Price
$483,974
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Aurora was $483,974 in May 2024, down 0.2% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $223K | +1.4% |
2 Bedrooms | $348.4K | $335K | -3.9% |
3 Bedrooms | $485K | $475.5K | -2.0% |
4 Bedrooms | $545.1K | $556.5K | +2.1% |
5+ Bedrooms | $719.4K | $698.6K | -2.9% |
Summary: South Aurora housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
Centennial | $665.2K | $671.6K | +1.0% |
South Aurora | $484.9K | $483.9K | -0.2% |
Denver | $649.9K | $623.6K | -4.0% |
Housing Supply in South Aurora, CO
How many homes are available in South Aurora, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,572 | 1,901 | +20.9% |
Summary: The South Aurora real estate market had 1,901 homes for sale in May 2024, a 20.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 114 | 120 | +5.3% |
2 Bedrooms | 371 | 470 | +26.7% |
3 Bedrooms | 482 | 593 | +23.0% |
4 Bedrooms | 394 | 466 | +18.3% |
5+ Bedrooms | 211 | 252 | +19.4% |
Summary: The South Aurora housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 19.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
356 | 483 | +35.7% |
Asking Price vs. Sold Price
168 Homes Were Sold
Under Asking
127 Homes Were Sold
At Asking
188 Homes Were Sold
Over Asking
Summary: A total of 483 homes were sold or pending in South Aurora in May 2024, up by 35.7% month-over-month. Of the 483 sold homes, 35% were sold under asking, 26% were sold at asking, and 39% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 22 Days | +60.2% |
Summary: Homes in South Aurora had an average of 22 days on market in May 2024, up by 60.2% compared to last year.
Breakdown of Home Sale Times
377 Homes Were Sold
Under 30 Days
80 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During May 2024, 483 homes were sold in South Aurora; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.