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Aurora Monthly Market Update

Posted Apr 13th, 2026 in General

Aurora's housing market is still favoring buyers as we move into spring 2026. Sales are up 27.5% from last March, but prices have dropped across the board. The average selling price is down 9.4%, and the median is down 5.7%. Here's a closer look at the numbers.

Monthly trends inforgraphic for the Aurora area

March 2026 vs March 2025

Metric 

March 2025

March 2026

Change

Average Price $1,311,336 $1,187,555 -9.4%
Median Price $1,124,500 $1,060,000 -5.7%
Total Sales 40 51 27.5%
New Listings 212 172 -18.9%
Active Listings 250 257 2.8%
SNLR 36.6% 31.6% -5%
Avg Days on Market 23 28 +5 days
SP/LP 101% 98% -3%

Average and median prices are both down compared to last year. The average price dropped 9.4%, from $1,311,336 in March 2025 to $1,187,555 in March 2026, a decrease of about $124,000. The median fell 5.7%, from $1,124,500 to $1,060,000. Since the average dropped more than the median, it suggests higher-priced homes are seeing bigger price cuts, while mid-range homes are holding up a bit better.

Homes Are Taking Longer to Sell

Even though new listings are down 18.9% from last March, the total number of homes for sale still rose from 250 to 257. This sale-to-list price ratio also dropped from 101% to 98%, so sellers are now accepting offers below their asking price on average. Last year, homes in Aurora were selling at or above list price.

This is a clear change for buyers. There's more room to negotiate, less competition from other offers, and more time to find the right home.

By Property Type: Average Sold Price

Property Type

March 2025

March 2026

Change

Detached $1,711, 155 $1,386,115

-19.0%

Semi-Detached $1,049,333 No Sales -
Freehold Townhouse $1,060,509 $919,500 -13.3%
Condo Townhouse $705,000 $677, 500 -3.9%
Condo Apartment $753,225 $670, 800 -10.9%

By Property Type: Median Sold Price

Property Type

March 2025

March 2026

Change

Detached $1,663,000 $1,350,000 -18.8%
Semi-Detached $1,060,000 No Sales -
Freehold Townhouse $1,085,000 $918,500 -15.3%
Condo Townhouse $690,000 $677,500 -1.8%
Condo Apartment $749,450 $720,000 -3.9%

Detached homes had the biggest price drop of any property type in Aurora. The average price fell 19.0%, from $1,711,155 to $1,386,115, and the median dropped 18.8%, from $1,663,000 to $1,350,000. That's a median decrease of more than $313,000 in just one year. Even with lower prices, detached home sales went up from 19 to 33, showing that buyers are responding to these price changes. 

No semi-detached homes sold in Aurora in March 2026. 

Freehold townhouse prices also dropped a lot, with the average down 13.3% and the median down 15.3%. Condo apartments saw the average price fall 10.9%, but the median only dropped 3.9%. This suggests that a few lower-priced condo sales pulled the average down.

Aurora Price Trend Over the Past Year

Month

Average Price 

Sales

SNLR

MOI

March 2026 $1,187,555 51 31.6% 5.4
February 2026 $1,229,261 40 30.5% 5.5
January 2026 $1,238,516 31 30.1% 5.5
December 2025 $1,248,524 41 30.1% 5.5
November 2025 $1,285,894 50 30.3% 5.3
October 2025 $1,317,466 62 31.5% 5.0
September 2025 $1,183,116 69 32.7% 4.8
August 2025 $1,358,974 55 32.2% 4.8
July 2025 $1,481,109 47 32.3% 4.7
June 2025 $1,329,557 59 33.6% 4.3
May 2025 $1,260,556 62 35.1% 4.0
April 2025 $1,332,712 59 36.2% 3.8
March 2025 $1,311,336 40 36.6% 3.7

The average price reached its highest point in July 2025 at $1,481,109, but there were only 47 sales that month. Since then, prices have steadily dropped, and March 2026's average of $1,187,555 is one of the lowest in the past year.

The sale-to-price ratio has been under 100% for 12 months straight. 
Since April 2025, it's stayed below 100%, dropping to 95% in July, November, and January. It's now steady at 98% for the past two months. This means sellers in Aurora have been accepting offers below their asking price for a full year.

What This Means Heading Into April

For Sellers

Prices are lower than last year, but activity is picking up from January to March. Sales rose from 31 in January to 51in March, a 64.5% jump in three months. The sale-to-list price ratio has stayed at 98%, and the average days on the market dropped from 53 in January to 28 in March. If you're thinking of selling, the spring market is getting busier, but it's still important to price your home competitively. Homes priced at or near market value are selling, while overpriced ones are sitting.

For Buyers

This is a strong buyer's market. With 5.4 months of inventory and an SNLR of 31.6%, most homes aren't getting multiple offers. Detached home prices have dropped a lot, and freehold townhouses are also much cheaper than last year. If you've been thinking about moving to Aurora, now is a good time.

Call us today to see how you can get the Team Zold Advantage!