Aurora – Local market trends

Just how “hyper-local” is the Aurora* real estate market?  As I have been watching the statistics over the past several months it has become apparent that it is very local. Many of you receive my free monthly reports from Altos Research that show the trends in your particular zip code. And some numbers are up and some are down. What is interesting is how they vary by zip code in Aurora. The chart below reflects the trend in Median Price, by zip, over the past 12 months for single family homes:

As you can see, over the past 12 months, Median Prices have been relatively flat with a slight decline – an improvement over the previous 12 months that saw sharper declines. If you are interested in seeing how this drills down to the subdivision level, drop me an email or give me a call and let me know what area you want to view.  And as always, you can request your free reports here.

Condos and town homes in these zip codes show a sharper downward trend, down in the range of 8-11% over the same time period:

If you are interested in seeing how this drills down to the developement or association level, drop me an email or give me a call and let me know what area you want to view.  And as always, you can request your free reports here.

This entry was posted on Tuesday, October 27th, 2009 at 8:46 pm and is filed under Aurora, Aurora 204 Zip Codes, Real Time Market Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Tweets that mention Aurora – Local market trends | Naperville Real Estate - My Naperville Homes Blog -- Topsy.com said at October 28th, 2009 at 2:44 am

   [...] This post was mentioned on Twitter by Tony Lazzari, Denali Development. Denali Development said: RT @How local is the Aurora, IL real estate market? See the trends here. http://bit.ly/175JAD: How local is the.. http://bit.ly/LiraY [...]

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