Aurora home average price increased in May 2023

Aurora home average price increased in May 2023

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Aurora home average price increased in May 2023!

Freehold Attached Market

The freehold attached houses' average price, including townhouses and semi-detached houses, was up 6.0% from the previous month, up 4.4% from the same month last year. The average time to sell this type of home is around 9 Days. The current month of inventory of Attached houses in Aurora is about 0.6. Therefore, this segment of housing is currently in a Strong Seller's Market.

Freehold Detached Market

The average price of detached houses was up 3.3% from the previous month, down 3.9% from the same month last year. Approximately 65.8% of total freehold units sold in Aurora last month are Detached houses. If you plan to buy a detached home in Aurora, you will need to spend an average of $1.7M. The current month of inventory of detached dwellings in Aurora is around 1.32. The new listings were up 12.2% from the previous month, and down 25.9% from the same month last year.

If you plan to move to Aurora or you want to learn more about real estate investment opportunities in Aurora, please contact Aurora real estate agent Realtor Alan Zheng at 647-877-9311.