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 November 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

$472,713

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,046(+0.4%)

Key Takeaway

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

Summary: The median home sold price in South Aurora was $472,713 in November 2024, up 0.4% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $221.5K$215K
-2.9%
2 $334.2K$333.4K
-0.2%
3 $466K$468.9K
+0.6%
4 $540K$541.9K
0.4%
5+ $715K$649.9K
-9.1%

Summary: South Aurora housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Cities

South Aurora
0.4%
Centennial
-5.2%
Denver
-6.1%

Housing Supply in South Aurora, CO

How many homes are available in South Aurora, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,9451,903-2.2%

Summary: The South Aurora real estate market had 1,903 homes for sale in November 2024, a 2.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 145157
+8.3%
2 491484
-1.4%
3 611589
-3.6%
4 451454
+0.7%
5+ 247219
-11.3%

Summary: The South Aurora housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 11.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
368326-11.4%

Asking Price vs. Sold Price

144 Homes Were Sold
Under Asking

93 Homes Were Sold
At Asking

89 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Aurora, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

Summary: A total of 326 homes were sold or pending in South Aurora in November 2024, down by 11.4% month-over-month. Of the 326 sold homes, 44% were sold under asking, 29% were sold at asking, and 27% 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

Nov 2023Nov 2024CHANGE
19 Days40 Days+108.2%

Summary: Homes in South Aurora had an average of 40 days on market in Nov 2024, up by 108.2% compared to last year.

Breakdown of Home Sale Times

184 Homes Were Sold
Under 30 Days

100 Homes Were Sold
In 30 - 90 Days

42 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 November 2024, 326 homes were sold in South Aurora; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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 South Aurora, CO

Nearby Markets to South Aurora, CO

What housing markets are near South Aurora, CO?