Is East Aurora, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Aurora is a seller's market

Buyer's
Market

Difference Since November 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

$397,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+5.3%)

Key Takeaway

Homes in East Aurora have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in East Aurora was $397,500 in November 2024, up 5.3% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$226.4K
N/A
2 $242.5K$246K
+1.4%
3 $375K$390K
+4.0%
4 $395K$455K
+15.2%
5+ $464K$822.5K
+77.3%

Summary: East Aurora 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 1.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 77.3%.

Median Sold Price Compared To Nearby Cities

East Aurora
+5.3%
Aurora
+4.8%

Housing Supply in East Aurora, NY

How many homes are available in East Aurora, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7350-31.5%

Summary: The East Aurora real estate market had 50 homes for sale in November 2024, a 31.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 86
-25.0%
3 3321
-36.4%
4 2115
-28.6%
5+ 108
-20.0%

Summary: The East Aurora housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1913-31.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Aurora, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in East Aurora in November 2024, down by 31.6% month-over-month. Of the 13 sold homes, 38% were sold under asking, 0% were sold at asking, and 62% 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

Nov 2023Nov 2024CHANGE
6 Days21 Days+213.3%

Summary: Homes in East Aurora had an average of 21 days on market in Nov 2024, up by 213.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Aurora are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in East Aurora; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in East Aurora, NY

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