In order to understand the attractiveness of the Aurora Village neighbourhood for buyers and sellers, it is necessary to compare the present market to a previous one. In this case the third quarter statistics of 2014 are compared side-by-side to the third quarter statistics of 2013 from the Community Housing Market Report York Region, Aurora, with with the increase or decrease in results in the right hand column.
3rd Quarter 2013
3rd Quarter 2014
Average Home Price
Active Listings Inventory
Average Days On Market
% Of Sold Price To Listing Price
Home sales in 2014 increased to 34 from 24 in 2013, but the Average Home Sale Price decreased on average by $118,985. At the same time there were 14 more New Listings in 2014 and 14 fewer Active Listings. The price per home probably went down as more condos came on the market, but the total Dollar Volume increased. Surely, the desirability of the neighbourhood helped with the increase in sales, but continually low interest rates also helped in this regard with the sale price. During the same period, the Average Number of Days on the market decreased from 39 in 2013 to 27 in 2014 which was certainly good for home sellers. The Percentage of Sold Price To Listing Price increased to 98% from 97% for the same period of time. The majority of Aurora Village real estate sales came from detached homes followed by condo apartments as shown below with breakdown by type. The sales statistics of this desirable neighbourhood is another indicator of the strength of the overall Aurora Housing Market.
Number of Sales 2013
Number of Sales 2014
This is another example of Real Estate as a Great Investment. At present there is relatively low risk with excellent chances of increasing the value of your own estate. With homes selling close to full listing price in a relatively short length of time, Aurora Village continues to be strong in York Region real estate and a great investment. Our strong economy should continue with this neighbourhood helping to lead the way.
Aurora Village Real Estate
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If you are interested in the final sales price for any Aurora property, please call me, Randy Corcoran, at 905-883-8300 or e-mail: