Hey there, Aurora!

It's The Kombrink Team here with an exciting market update for July 2024.

Inventory and Competition

Let's dive into the numbers, shall we?

Currently, we have a tight 1.15 Months Supply of Inventory here in Aurora.

Months supply of housing inventory in Aurora, IL for July 2024

That's a decrease of 6.5% compared to the last 12 months.

What does this mean for buyers and sellers?

Well, competition is fierce.

Sellers are seeing their homes fly off the market at a list-to-sold price percentage of 102.3%.

List to Sale Price Percentage in Aurora, IL for July 2024

Quick Sales

And for those of you looking to sell, the median days on market is only 6 days.

Median days on market in Aurora, IL for July 2024

That's right, your home could be sold in less than a week!

Price Trends

The median sold price in Aurora is currently sitting at $340,000.

Median sold home price in Aurora, IL for July 2024

This shows steady growth in our market.

What This Means for You

So, whether you're a buyer looking to snag a deal in this competitive market or a seller ready to take advantage of these high list-to-sold price percentages, now is the time to make your move in Aurora.


What does a 1.15 Months Supply of Inventory mean?

It means if no new homes were listed, it would take just over a month to sell all the current listings.

Why is the competition so fierce?

Fewer homes are available, making it a seller’s market. Buyers need to act fast and be ready to make competitive offers.

How can I sell my home quickly?

With the current median days on market being only 6 days, proper pricing and presentation are key. We can help with that!

Is $340,000 a good price for Aurora?

Yes, it shows steady growth and reflects the value buyers see in Aurora’s real estate market.

Final Thoughts

If you have any questions or are ready to make a move, don't hesitate to reach out to The Kombrink Team at One Source Realty, your trusted Aurora REALTOR® team.

Thanks for tuning in, and happy house hunting!

Looking for more tips or ready to start your home search?

Check out our blog or contact us directly.

Let’s make your real estate journey a breeze!

Posted by The Kombrink Team on


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