First Integrity Title Market Report

Aurora, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Aurora, CO

Wed Jun 26 2019
This week the median list price for Aurora, CO is $265,000 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has held steady at or around 318. Click here to stay informed with the Aurora market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Aurora, CO

Wed Jun 26 2019
This week the median list price for Aurora, CO is $265,000 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has held steady at or around 318. Click here to stay informed with the Aurora market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Aurora market.
Median List Price $265,000
Per Square Foot $202
Days on Market 54
Price Decreased 40%
Price Increased 2%
Relisted 7%
Inventory 318
Median Apartment Rent $1,518
Most Expensive $570,000
Least Expensive $105,000
Market Action Index
Strong Seller's Market
56

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$389,999 2,168 0 - 4,500 sqft 3 2 13 15 16 63
$293,000 1,383 0 - 4,500 sqft 2 2 35 18 17 54
$240,000 1,184 0 - 4,500 sqft 2 2 36 20 20 51
$173,000 805 0 - 4,500 sqft 1 1 38 12 15 48