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August 15,2020 market report for zip code 80017

By
Real Estate Broker/Owner with Hamm Homes

  • Houses
  • Condos
  • Aurora, CO 80017

    Sat Aug 15 2020
    This week the median list price for Aurora, CO 80017 is $459,900 with the market action index hovering around 91. This is an increase over last month's market action index of 80. Inventory has held steady at or around 13. 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 Month9191

    Strong Seller's Market

    Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

    Real-Time Market Profile

    Never miss important changes in the Aurora market.
    Median List Price
     
    $459,900
    Per Square Foot
     
    $205
    Days on Market
     
    19
    Price Decreased
     
    15%
    Price Increased
     
    0%
    Relisted
     
    0%
    Inventory
     
    13
    Median Rent
     
    $2,195
    Most Expensive   $619,000
    Least Expensive   $149,900
    Market Action
     
    91
    Strong Seller's Market
    7-Day Average90-Day AverageAug 2017Jan 2018May 2018Sep 2018Jan 2019May 2019Sep 2019Jan 2020May 2020$300K$350K$400K$450K$250K$500KFriday, Feb 9, 2018● 90-Day Average: $348,223.08

    While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

    Market Segments

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