Is Denver’s Housing Market Finally Cooling Off?Market data from the month of September indicates the Mile High City’s red-hot housing market may be moving toward a place of balance.It’s time
Aurora Colorado Open Houses
Top homebuilders are constructing some of Colorado’s best new houses in Aurora resulting in a wide range of options that accommodate all income levels.
Existing Home Sales—Total sales in Aurora during the second quarter of 2017 (2,121) were 2.6 percent higher than sales reported in the second quarter of 2016, reflecting the sale of 53 more homes. Single-family attached home sales (condominiums and townhomes) decreased 0.5 percent over-the-year to 802 sales. Single-family detached home sales increased over-the-year by 4.5 percent to 1,319 sales.
Metro Denver reported 17,165 total home sales during the second quarter of the year. The second quarter sales level was 2.1 percent higher than the previous year, and 50.6 percent higher than the previous quarter, reflecting the seasonal surge in sales activity.
The average sales price for homes in Aurora continued to rise during the second quarter of 2017, with single-family detached homes increasing 7.1 percent over-the-year, and single-family attached increasing 11.2 percent over-the-year. Compared to Metro Denver averages, Aurora housing remains less expensive for both single-family detached homes ($148,970 lower) and single-family attached homes ($74,043 lower).
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