Annel: It depends where the house is located in Aurora. Southern Aurora-- has higher vallue than Northern Aurora. Aurora is flooded with homes for sale-- including bank owned properties. Homes are on the market longer these days, as Buyers are more selective. Average days on market: 95-200

Fri Apr 11 2008, 17:21

Your answer is really too general to answer. Aurora has many different neighborhoods and prices. On my street there are 3 homes that have been on the market for over 1 yr! The home I purchased was on the market for about 6 mos. There are some townhomes you could sell but would need to bring 40K to the table due to declining markets. The best answer is until someone is willing to pay the price you are willing to sell for. You will need to speak to a qualified realtor to give you current data. How homes were selling 2 yrs ago is no measure of today's market. If you had your house priced very well and it was in move in condition and was in a desirable neighborhood less than 6 mos. But that is the best answer anyone without specific data can tell you. You have a paroled sex offender living a block away that will hurt your ability to sell you home to a savvy buyer who has kids.

Thu Feb 28 2008, 12:40

Annel

To start with auror is divided into 4 MLS area (AUN, AUS, SSE, ESS). The average days on market for 2007, Aurora North (AUN) 115, Aurora South (AUS) 93, South South East (SSE) 114, ESS is an area with a lot of new developements, but is mostly a rural area, howerver ESS average days on market for 2007 were 156. Those are the averages, however, statistically 2 out 3 homes sell in less than the average days on market, based on three years of MLS data. If you would like more information, contact directly.

Mon Feb 18 2008, 15:25

Aurora is tough! if the home is priced right 75 days or so, but if it not priced right 360 day is not un heard of. On top of that Aurora is marked as a "declining Market" by Fannie Mae making 100% financing not possible. There are programs from Aurora to get 10k to buy a house there using FHA or Fannie Programs.

Mon Feb 18 2008, 15:21