Real Estate Market Update for 80016 (Aurora, CO)

Video: Real Estate Community Tour for 80016 (Aurora, CO)

See Real estate community tour for 80016 (Aurora, CO)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 1% from one year earlier, and up 4% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 560-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 43%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 470-thousand dollars. The number of units sold decreased 23% year-over-year, and decreased 24% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 80016 (Aurora, CO)
Area Information for 80016 (Aurora, CO)
  • Population: 54,620
  • Median Age: 38.87 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 3%
  • Population Density: 1,158/sq mi
  • Population Change Since 2000: 542.66%
  • Closest Airport: Denver International
  • Closest College: American Sentinel University
  • Closest Jr. College: Everest College
  • Median Household Income: $102,173
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $425,000
  • Closest Major Sports Team: Colorado Rapids
  • Change Avg. Household Income Since 2000: -14.3%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80016 (Aurora, CO)
Median Age: 38.87 Married: 51% Number of Households: 19,240 Households with Children: 8,366
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 80016 (Aurora, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Pine Ridge Elementary School 0.9 mi Public K-5 4 0
      Buffalo Trail Elementary School 1.2 mi Public K-5 4 0
      Cherokee Trail High School 1.4 mi Public 9-12 4 4
      Fox Ridge Middle School 1.5 mi Public 6-8 5 0
      Primrose School Of Saddle Rock 1.5 mi Private PRESCHOOL-K 0 0
      Coyote Hills Elementary School 1.6 mi Public K-5 5 0
      Black Forest Hills Elementary School 1.9 mi Public PRESCHOOL-5 4 0
      Liberty Middle School 3.3 mi Public 6-8 4 0
      Grandview High School 3.5 mi Public 9-12 5 4
      Falcon Creek Middle School 3.7 mi Public 6-8 4 0
      Creekside Elementary School 4.2 mi Public K-5 4 0
      Belle's & Beau's Academy At The Farm 4.6 mi Private PRESCHOOL-K 0 0
      Fox Hollow Elementary School 5.0 mi Public PRESCHOOL-5 4 0
      Regis Jesuit High School 6.2 mi Catholic 9-12 0 4
      Red Hawk Ridge Elementary School 6.3 mi Public PRESCHOOL-5 3 0
      Regis Jesuit High School 6.3 mi Catholic 9-12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 80016 (Aurora, CO)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.