July 8, 2020, Zip Code 80017 in Aurora, Colo. Market Report

By
Real Estate Broker/Owner with Hamm Homes

  • Houses
  • Condos
  • Aurora, CO 80017

    Wed Jul 08 2020
    This week the median list price for Aurora, CO 80017 is $414,500 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 12. 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 Month7373

    Strong Seller's Market

    The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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
     
    $414,500
    Per Square Foot
     
    $185
    Days on Market
     
    12
    Price Decreased
     
    25%
    Price Increased
     
    0%
    Relisted
     
    0%
    Inventory
     
    12
    Median Rent
     
    $2,350
    Most Expensive   $640,000
    Least Expensive   $289,900
    Market Action
     
    73
    Strong Seller's Market
    7-Day Average90-Day AverageJul 2017Nov 2017Mar 2018Jul 2018Nov 2018Mar 2019Jul 2019Nov 2019Mar 2020Jul 2020$275K$300K$325K$350K$375K$400K$425KFriday, Nov 2, 2018● 90-Day Average: $334,911.15

    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.



  • Houses
  • Condos
  • Aurora, CO 80017

    Wed Jul 08 2020
    This week the median list price for Aurora, CO 80017 is $414,500 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 12. 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 Month7373

    Strong Seller's Market

    The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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
     
    $414,500
    Per Square Foot
     
    $185
    Days on Market
     
    12
    Price Decreased
     
    25%
    Price Increased
     
    0%
    Relisted
     
    0%
    Inventory
     
    12
    Median Rent
     
    $2,350
    Most Expensive   $640,000
    Least Expensive   $289,900
    Market Action
     
    73
    Strong Seller's Market
    7-Day Average90-Day AverageJul 2017Nov 2017Mar 2018Jul 2018Nov 2018Mar 2019Jul 2019Nov 2019Mar 2020Jul 2020$275K$300K$325K$350K$375K$400K$425KFriday, Nov 2, 2018● 90-Day Average: $334,911.15

    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.



  • Houses
  • Condos
  • Aurora, CO 80017

    Wed Jul 08 2020
    This week the median list price for Aurora, CO 80017 is $414,500 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 12. 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 Month7373

    Strong Seller's Market

    The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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
     
    $414,500
    Per Square Foot
     
    $185
    Days on Market
     
    12
    Price Decreased
     
    25%
    Price Increased
     
    0%
    Relisted
     
    0%
    Inventory
     
    12
    Median Rent
     
    $2,350
    Most Expensive   $640,000
    Least Expensive   $289,900
    Market Action
     
    73
    Strong Seller's Market
    7-Day Average90-Day AverageJul 2017Nov 2017Mar 2018Jul 2018Nov 2018Mar 2019Jul 2019Nov 2019Mar 2020Jul 2020$275K$300K$325K$350K$375K$400K$425KFriday, Nov 2, 2018● 90-Day Average: $334,911.15

    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.



  • Houses
  • Condos
  • Aurora, CO 80017

    Wed Jul 08 2020
    This week the median list price for Aurora, CO 80017 is $414,500 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 12. 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 Month7373

    Strong Seller's Market

    The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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
     
    $414,500
    Per Square Foot
     
    $185
    Days on Market
     
    12
    Price Decreased
     
    25%
    Price Increased
     
    0%
    Relisted
     
    0%
    Inventory
     
    12
    Median Rent
     
    $2,350
    Most Expensive   $640,000
    Least Expensive   $289,900
    Market Action
     
    73
    Strong Seller's Market
    7-Day Average90-Day AverageJul 2017Nov 2017Mar 2018Jul 2018Nov 2018Mar 2019Jul 2019Nov 2019Mar 2020Jul 2020$275K$300K$325K$350K$375K$400K$425KFriday, Nov 2, 2018● 90-Day Average: $334,911.15

    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.



    close

    This entry hasn't been re-blogged:

    Re-Blogged By Re-Blogged At
    Topic:
    Real Estate General Information
    Groups:
    Colorado Real Estate
    Advice for Sellers
    Advice for Buyers
    Be The Best In Your Field

    Post a Comment
    Spam prevention
    Spam prevention
    Show All Comments
    Rainmaker
    5,816,574
    Roy Kelley
    Realty Group Referrals - Gaithersburg, MD

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

    Jul 08, 2020 07:57 AM #1
    Rainmaker
    3,431,742
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Thanks Roy  Kelley for being the first to comment today!

     

    Jul 08, 2020 07:59 AM #2
    Rainmaker
    4,859,566
    Ron and Alexandra Seigel
    Napa Consultants - Carpinteria, CA
    Luxury Real Estate Branding, Marketing & Strategy

    Will,good morning,

    I am sure that those looking to buy or sell will appreciate your numbers.  Wishing you a delightful day.  A

    Jul 08, 2020 09:37 AM #3
    Rainmaker
    5,354,388
    Barbara Todaro
    RE/MAX Executive Realty - Franklin, MA
    Marketing Agent for The Todaro Team

    Hi Will Hamm Aurora seems like an affordable marketplace.... and you're the ideal agent to show homes there.... call Will Hamm, if you're in the market in Aurora....

    Jul 08, 2020 02:29 PM #4
    Rainmaker
    3,348,570
    Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
    The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
    Long Island Home and Condo Specialists

    Will, Both home buyers and home sellers will appreciate your knowledge of the Aurora CO Real Estate market!

    Jul 09, 2020 04:09 AM #5
    Rainmaker
    3,431,742
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello A and thanks for stopping by.

     

    Jul 10, 2020 10:30 AM #6
    Rainmaker
    3,431,742
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Hello Sheila and Larry,  I try to get information out to the public.

     

    Jul 10, 2020 10:30 AM #7
    Rainmaker
    3,431,742
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Thank You so Much Barbara for your kind words.

     

    Jul 10, 2020 10:31 AM #8
    Rainmaker
    3,381,361
    Kristin Johnston - REALTOR®
    RE/MAX Realty Center - Waukesha, WI
    Giving Back With Each Home Sold!

    Great market information Will!  Keep the reports coming!

    Jul 17, 2020 07:10 AM #9
    Post a Comment
    Spam prevention
    Show All Comments

    What's the reason you're reporting this blog entry?

    Are you sure you want to report this blog entry as spam?

    Rainmaker
    3,431,742

    Will Hamm

    "Where There's a Will, There's a Way!"
    Call today for all your Real Estate needs
    *
    *
    *
    *
    Spam prevention