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July 31 Zip Code market report for 80018

By
Real Estate Broker/Owner with Hamm Homes

  • Houses
  • Condos
  • Aurora, CO 80018

    Fri Jul 31 2020
    This week the median list price for Aurora, CO 80018 is $439,000 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has held steady at or around 51. Click here to stay informed with the Aurora market!

    Market Action Index

    This answers “How’s the Market?” by comparing rate of sales versus inventory.

    Buyer'sMarketSeller'sMarket0102030405060708090100TodayTodayLast MonthLast Month5252

    Strong Seller's Market

    While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

    Real-Time Market Profile

    Never miss important changes in the Aurora market.
    Median List Price
     
    $439,000
    Per Square Foot
     
    $223
    Days on Market
     
    57
    Price Decreased
     
    24%
    Price Increased
     
    22%
    Relisted
     
    18%
    Inventory
     
    51
    Median Rent
     
    $2,200
    Most Expensive   $589,900
    Least Expensive   $351,794
    Market Action
     
    52
    Strong Seller's Market
    7-Day Average90-Day AverageAug 2017Dec 2017Apr 2018Aug 2018Dec 2018Apr 2019Aug 2019Dec 2019Apr 2020Jul 2020$380K$400K$420K$440K$460K$480K

    Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

    Market Segments

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





























    Grant Schneider
    Performance Development Strategies - Armonk, NY
    Your Coach Helping You Create Successful Outcomes

    Hi Will Hamm - the strong market continues.  Thanks for the update.

    Jul 31, 2020 08:50 AM
    Roy Kelley
    Retired - Gaithersburg, MD

    Families on the move will appreciate your local real estate reports.

    Jul 31, 2020 09:02 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello Grant,  the market is stong for sure.  I just listed a condo so will see how soon it sells

     

    Jul 31, 2020 10:20 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello Roy Kelley, thanks for your kind comments

     

    Jul 31, 2020 10:21 AM
    Barbara Todaro
    RE/MAX Executive Realty - Happily Retired - Franklin, MA
    Previously Affiliated with The Todaro Team

    Hi Will Hamm buyers and sellers should appreciate the work you did to create this market report.... it's good information for those who are thinking about buying and/or selling.... and they should call you for help when they are ready to act....

    Jul 31, 2020 10:45 AM
    Ron and Alexandra Seigel
    Napa Consultants - Carpinteria, CA
    Luxury Real Estate Branding, Marketing & Strategy

    Will,

    Good afternoon, and I hope these type market reports are making your phone ring.  Have a good weekend. A

    Jul 31, 2020 01:35 PM
    Nick Vandekar, 610-203-4543
    Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
    Selling the Main Line & Chester County

    Good luck with the new condo listing, seems it shouldn't take long to sell in your market.

    Jul 31, 2020 01:57 PM
    Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
    The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
    Long Island Condo and Home Specialists

    Will, Howmowners should be happy to learn that Aurora has a strong sellers Real Estate market!

    Aug 01, 2020 04:46 AM
    Brian England
    Ambrose Realty Management LLC - Gilbert, AZ
    MBA, GRI, REALTOR® Real Estate in East Valley AZ

    I know that homes you list for sale that are priced right, in good condition, and show well fly off the market.  Sellers would be wise to heed your advice!

    Aug 01, 2020 06:35 AM
    Kristin Johnston - REALTOR®
    RE/MAX Platinum - Waukesha, WI
    Giving Back With Each Home Sold!

    Nice report Will!  I am sure you are staying busy!

    Aug 01, 2020 07:03 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Thank You Barbara Todaro, I learn from you all the time.

     

    Aug 02, 2020 10:45 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello Kristin,  I try to stay busy.

     

    Aug 02, 2020 10:46 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Thanks Brain England for say that about me.

     

    Aug 02, 2020 10:47 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello Larry and Sheila, other then being in Pennsylvania for my brother funeral put me a little behind.

     

    Aug 02, 2020 10:48 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello Nick,  Hope you are right!

     

    Aug 02, 2020 10:49 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello A and Ron,  always wanting the phone to ring more.

     

    Aug 02, 2020 10:49 AM