Spring has arrived in Aurora and the numbers tell an interesting story. Sales stayed almost exactly where they were last April, just one more sale year-over-year. Prices have come down significantly, with the average dropping over 13% and the median falling more than 16%. For buyers, the opportunity is real right now. Let's break it all down.
April 2026 vs April 2025
| Metric | April 2025 | April 2026 | Change |
| Average Price | $1,332,712 | $1,153,153 | -13.5% |
| Median Price | $1,200,000 | $1,002,500 | -16.5% |
| Total Sales | 59 | 60 | +1.7% |
| New Listings | 189 | 200 | +5.8% |
| Active Listings | 273 | 296 | +8.4% |
| SNLR | 36.2% | 31.4% | -4.8 |
| Average Days on Market | 23 | 26 | +3 days |
| SP/LP | 98% | 97% | -1 |
The average home price in Aurora dropped from $1,332,712 last April to $1,153,153 this April, a decrease of almost $180,000. The median fell even more, down 16.5% from $1,200,000 to $1,002,500. That's nearly a $200,000 drop at the median. When the median falls faster than the average, it shows the bulk of the market is softening while a few higher-end sales hold the average up.
The SNLR dropped from 36.2% to 31.4%, which is a pretty big shift. A year ago, Aurora was closer to balanced territory. Now at 31.4%, we're firmly in a buyer's market. And the SP/LP ratio has been below 100% since April 2025, thirteen months straight where sellers have accepted offers below their asking price on average. Right now it's sitting at 97%.
Activity Is Flat, But Buyers Have More Choice
Sales came in at 60, basically identical to last April's 59. So the number of people buying hasn't really changed, but the conditions they're buying in have changed a lot. Active listings are up 8.4% from 273 to 296, and days on market went from 23 to 26. Buyers have choice right now. They can look at a property, take their time, get a home inspection done, and really make sure it's the right fit. That's a very different experience than what we saw a couple of years ago.
Average Price by Property Type
| Property Type | April 2025 | April 2026 | Change |
| Detached | $1,574,714 | $1,461,203 | -7.2% |
| Semi-Detached | $1,049,833 | $954,000 | -9.1% |
| Freehold Townhouse | $934,563 | $922,910 | -1.2% |
| Condo Townhouse | $1,227,000 | $731,800 | -40.4%* |
| Condo Apartment | $720,900 | $689,500 | -4.4% |
Median Price by Property Type
| Property Type | April 2025 | April 2026 | Change |
| Detached | $1,361,000 | $1,339,900 | -1.5% |
| Semi-Detached | $1,054,000 | $960,000 | -8.9% |
| Freehold Townhouse | $929,250 | $927,000 | -0.2% |
| Condo Townhouse | $1,170,000 | $485,000 | -58.5%* |
| Condo Apartment | $745,000 | $699,000 | -6.2% |
Detached homes are down 7.2% on average but only 1.5% on the median, which tells us the typical detached sale hasn't moved much. Freehold townhouses have been the most stable segment, down just 1.2% on average and basically flat on the median. If you're looking at that price point in Aurora, not a lot has changed.
A note on the condo townhouse numbers: with only 5 sales in each period, these figures can swing dramatically based on a single transaction. The 40.4% average drop and 58.5% median drop reflect the small sample size more than a true market crash in that segment. Take those numbers with context in mind.
Condo apartments are down 4.4% on average and 6.2% on the median, which is a more moderate correction. For buyers looking at the condo market in Aurora, there are some real opportunities at the lower price points.
Aurora Price Trends Over the Last 14 Months
| Month | Average Price | Sales | SNLR | MOI |
| April 2026 | $1,153,153 | 60 | 31.4% | 5.4 |
| 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 peaked in July 2025 at $1,481,109. Since then, it's been trending downward, and April 2026 at $1,153,153 is the lowest point in this 14-month window. That's a drop of over $325,000 from the peak.
SP/LP has been below 100% since April 2025:
That's thirteen consecutive months where sellers have accepted offers below their asking price on average. The ratio has fluctuated between 95% and 98% over that stretch, and sits at 97% in April. For buyers, this remains a market where you can negotiate.
March 2026 vs April 2026
| Metric | March 2026 | April 2026 | Change |
| Average Price | $1,187,555 | $1,153,153 | -2.9% |
| Median Price | $1,060,000 | $1,002,500 | -5.4% |
| Total Sales | 51 | 60 | +17.6% |
| New Listings | 172 | 200 | +16.3% |
| Active Listings | 257 | 296 | +15.2% |
| SNLR | 31.6% | 31.4% | -0.2 |
| Average Days on Market | 28 | 26 | -2 days |
| SP/LP | 98% | 97% | -1 |
Month over month, sales volume was up almost 18% from March to April. The spring market is definitely here. We're seeing that across York Region, with activity picking up in most municipalities. But more listings also came to market, up 16.3%, which kept the SNLR basically flat at 31.4%. Prices dipped from March, with the average down 2.9% and the median down 5.4%. The good news is that days on market actually decreased from 28 to 26, so homes are selling a little faster. That tells us serious buyers are in the market and acting when they find the right property.
For a full breakdown of the March numbers, check out our Aurora March 2026 Market Update.
What This Means Heading Into May?
For Sellers:
The spring market is bringing more buyers out, with sales up almost 18% from March. But new listings are also up 16%, so you're competing with other sellers for attention. Pricing is everything right now. With SP/LP at 97%, the market is telling you that buyers won't pay over asking. If you price at market value, your home will attract serious interest. If you overshoot, it's going to sit. The average price has come down from the peaks of last summer, so make sure your expectations line up with where the market actually is today.
For Buyers:
This is a really good time to be looking in Aurora. With 5.4 months of inventory and an SNLR of 31.4%, you have choice. You're not competing on offers in most cases. Prices are down from last year across every property type. Detached homes that were $1.57M on average last April are now $1.46M. Freehold townhouses are holding steady around $920K. If you've been sitting on the sidelines waiting for a better opportunity, the numbers say it's here.
What to Watch in May
May and June are typically the busiest months in the GTA real estate market. If the SNLR pushes above 35% and months of inventory drops below 5, that would signal the market is tightening back toward balanced conditions. If the numbers hold where they are, the buyer's market will continue through the summer. Sales are picking up month over month, which is encouraging, but new listings are keeping pace, so we're not seeing the kind of tightening that would push prices higher.
If you have questions about your specific situation in Aurora, feel free to reach out. We're happy to sit down, go through the numbers for your neighbourhood, and help you figure out what makes sense for you.