Aurora Village MLS Real Estate Houses Listings houses homes aurora village real estate listings prices

 

Neighbourhood Amenities   Detached Homes
Aurora Village, Aurora   Aurora Village, York Region
 

 

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 fourth quarter statistics of 2014 are compared side-by-side to the fourth 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.

 

Aurora Village 4th Quarter 2013 4th Quarter 2014 Increase/Decrease
House Sales 25 29 +4
Average Home Price $600,472 $612,238 +$11,766
Dollar Volume $15,011,800 $17,754,900 +2,793,100
New Listings 30 40 +10
Active Listings Inventory 30 23 -7
Average Days On Market 42 42 0
% Of Sold Price To Listing Price 97% 98% +1

 

Home sales in 2014 increased to 29 from 25 in 2013, and the Average Home Sale Price increased on average by $11,766. At the same time there were 10 more New Listings in 2014 and 7 fewer Active Listings. The price per home increased as more condos came on the market, and the total Dollar Volume increased, too. 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 remained the same at 42 in 2014 which was still 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 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.

 

Type Number of Sales 2013 Number of Sales 2014 Increase/Decrease
Detached 17 23 +6
Semi-Detached 1 0 -1
Attached Townhouse 0 0 0
Condo Townhouse 1 3 +2
Condo Apartment 5 2 -3
Other 1 1 0

 

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.

 

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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: 

wcorcoran@trebnet.com

 

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