Is East Aurora, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Aurora was a Seller's Market.
Key Takeaway
East Aurora is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Aurora, NY
How much do homes in East Aurora, NY cost?
Median Sold Price
$400,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Aurora have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in East Aurora was $400,000 in May 2024, up 2.6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $279.2K | $252.5K | -9.6% |
| 3 Bedrooms | $350K | $392K | +12.0% |
| 4 Bedrooms | $460K | $430K | -6.5% |
| 5+ Bedrooms | $503.5K | $607.7K | +20.7% |
Summary: East Aurora housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Cities
| Aurora | $389.7K | $406K | +4.2% |
| East Aurora | $390K | $400K | +2.6% |
Housing Supply in East Aurora, NY
How many homes are available in East Aurora, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 35 | +20.7% |
Summary: The East Aurora real estate market had 35 homes for sale in May 2024, a 20.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Aurora housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Aurora, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in East Aurora in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for East Aurora, NY
How long does it take to sell a home in East Aurora, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +50.9% |
Summary: Homes in East Aurora had an average of 16 days on market in May 2024, up by 50.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Aurora are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in East Aurora; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
