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Aug 5, 2020 Report on what is happening at zip code 80017 in Aurora.

By
Real Estate Broker/Owner with Hamm Homes

  • Houses
  • Condos

    • Aurora, CO 80017

    Wed Aug 05 2020
    This week the median list price for Aurora, CO 80017 is $372,500 with the market action index hovering around 87. This is an increase over last month's market action index of 75. Inventory has held steady at or around 16. 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 Month8787

    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
     
    		 $372,500
    Per Square Foot
     
    		 $213
    Days on Market
     
    		 11
    Price Decreased
     
    		 25%
    Price Increased
     
    		 6%
    Relisted
     
    		 0%
    Inventory
     
    		 16
    Median Rent
     
    		 $2,200
    Most Expensive   $619,000
    Least Expensive   $149,900
    Market Action
     
    		 87
    Strong Seller's Market
    7-Day Average90-Day AverageAug 2017Dec 2017Apr 2018Aug 2018Dec 2018Apr 2019Aug 2019Dec 2019Apr 2020Jul 2020$275K$300K$325K$350K$375K$400K$425K$450KFriday, Nov 17, 2017● 90-Day Average: $317,511.46

    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.



    Comments (4)
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    Jeremy K. Frost
    Keller Williams Realty - Dripping Springs, TX
    Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

    Thank you for keeping us posted and up to date. Best of luck!

    Aug 05, 2020 12:08 PM
    Roy Kelley
    Realty Group Referrals - Gaithersburg, MD

    Good Thursday morning, Will.

    Take care, be safe and have a great day.

    Aug 06, 2020 08:09 AM
    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

    Homeowners will like reading that the Aurora Real Estate market is in a sellers market. That's good news for them to get listed now by Will Hamm and get SOLD!

    Aug 06, 2020 11:15 AM
    Will Hamm
    Hamm Homes - Aurora, CO
    "Where There's a Will, There's a Way!"

    Thanks Jeremy for stopping by on this blog.

     

    Aug 27, 2020 09:33 AM
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