Is Aurora Knolls / Hutchinson Heights, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurora Knolls / Hutchinson Heights is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Aurora Knolls / Hutchinson Heights has remained a Buyer's Market.

Key Takeaway

Aurora Knolls / Hutchinson Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Aurora Knolls / Hutchinson Heights, CO

How much do homes in Aurora Knolls / Hutchinson Heights, CO cost?

Median Sold Price

$465,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,000(-2.5%)

Key Takeaway

Homes in Aurora Knolls / Hutchinson Heights have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Aurora Knolls / Hutchinson Heights was $465,000 in November 2024, down 2.5% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$290.5K
N/A
2 $338K$421.2K
+24.6%
3 $466K$465K
-0.2%
4 $492.5K$515K
+4.6%
5+ $518K$555K
+7.1%

Summary: Aurora Knolls / Hutchinson Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 7.1%.

Housing Supply in Aurora Knolls / Hutchinson Heights, CO

How many homes are available in Aurora Knolls / Hutchinson Heights, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3029-3.3%

Summary: The Aurora Knolls / Hutchinson Heights real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 810
+25.0%
4 86
-25.0%
5+ 22
0.0%

Summary: The Aurora Knolls / Hutchinson Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aurora Knolls / Hutchinson Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Aurora Knolls / Hutchinson Heights in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Aurora Knolls / Hutchinson Heights, CO

How long does it take to sell a home in Aurora Knolls / Hutchinson Heights, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
74 Days47 Days-35.6%

Summary: Homes in Aurora Knolls / Hutchinson Heights had an average of 47 days on market in Nov 2024, down by 35.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aurora Knolls / Hutchinson Heights are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Aurora Knolls / Hutchinson Heights; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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

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