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Aurora Housing Market Report

Aurora Real Estate Market — March 2026

Aurora posted its strongest sales month since late 2024, with 48 transactions and total dollar volume up 4.8% MoM — but the median price fell 10.0% to $1,055,000 on a mix shift toward the $900K–$1.25M tier. Inventory remains elevated and the market stays firmly in buyer's market territory.

$1,055,000Median Price
48Sales
5.69 moMOI
Buyer'sMarket

Aurora's spring market is showing early signs of life — but leverage still belongs to buyers.

Sales improved 11.6% month-over-month and total dollar volume rose 4.8%, but the median price fell 10.0% MoM due to a mix shift toward the $900K–$1.25M tier. With 5.69 months of inventory and an SNLR of just 27%, buyers hold meaningful negotiating power across all price tiers.

Volume is recovering. Pricing is still resetting. Act accordingly.

Updated: March 31, 2026  |  Data: TRREB MLS®

At a Glance

Aurora Housing Market — March 2026 At a Glance

March 2026 marks a genuine inflection point for the Aurora real estate market. Sales rose to 48 — the highest monthly total since late 2024 — while total dollar volume climbed 4.8% MoM and days on market fell 16.8%. Still, Aurora's SNLR of 27% and 5.69 months of inventory confirm that buyers retain the structural advantage. For broader regional context, see the York Region housing market report and compare to the adjacent Newmarket real estate market.

Median Sale Price
$1,055,000
▼ 7.0% year-over-year | ▼ 10.0% MoM
Sales Volume
48
▲ 11.6% MoM | ▲ 14.3% YoY
Months of Inventory
5.69
Elevated; Feb was 4.96 MOI
SNLR
27%
Buyer-leaning; Feb was 34%
Avg. Days on Market
29
▼ 16.8% MoM from 35 | Median DOM: 20
SP/LP Ratio
98.4%
Avg 98.4% | Median 97.0% — steady
% Above Asking
20.8%
▲ from 18.6% in Feb — improving
Total Dollar Volume
$56.3M
▲ 4.8% MoM | ▲ 3.0% YoY
New Listings: 180  (▲ 40.6% MoM) | 25th Pct: $900,500 | 75th Pct: $1,531,250 | 90th Pct: $1,659,000 | % Below Asking: 77.1% | Terminations: 68 (▲ 44.7% MoM) | YTD Median: $1,100,000 (120 sales)
March Summary: 48 sales at a median of $1,055,000 — the strongest volume month since late 2024 for Aurora. Transaction volume is up 14.3% year-over-year and total dollar volume gained 4.8% MoM to $56.3M. Average days on market fell 16.8% to 29 days, and the share of sales closing above asking ticked up from 18.6% to 20.8%. The flip side: the median sale price fell 10.0% MoM from February's elevated $1,171,888 — a reflection of the mix shift toward the $900K–$1.25M tier in March. The YoY median gap is −7.0%. Terminations also surged 44.7% MoM (68 total), a sign that many sellers are testing the market and pulling back when offers don't meet expectations. One month does not make a trend — April and May will be decisive.

Aurora March 2026 in one line:

Volume is recovering. Pricing is still resetting.

What this means for you →
Data based on TRREB MLS® reported March 2026 resale activity for Aurora, City, York Region. Metrics may be revised; some property types or segments may not sum due to classification differences.
Market Conditions

Is Aurora a Buyer's or Seller's Market? — March 2026

Three core indicators define Aurora's current market balance: the Sales-to-New-Listings Ratio (SNLR), months of inventory (MOI), and average days on market (DOM). All three indicate a buyer's market — though momentum is improving at the entry-to-mid tier.

Market Balance Indicator

Buyer's Market
Buyer's <40% Balanced 40–60% Seller's >60%
27%
SNLR
5.69
Months Inventory
29
Avg. DOM
98%
SP/LP Ratio
48
Sales (Mar)
180
New Listings
What this means: With 5.69 months of inventory and an SNLR of 27%, Aurora's market structure firmly favours buyers. The spring listing surge (180 new listings, +40.6% MoM) has kept supply elevated even as sales improved. Terminations jumped 44.7% MoM to 68 — a signal that sellers are testing the market and withdrawing when offers don't meet expectations. This is consistent with a market where motivated sellers are transacting (98.4% SP/LP, 29 avg DOM) while aspirational sellers are sitting out. The townhouse segment (SNLR 43%, MOI 2.42) is the clear outlier — approaching balanced conditions. The condo townhouse segment (SNLR 10%, MOI 18.5) faces the most acute supply pressure.
Market Phase
Early Recovery — Buyer-Controlled
↑
Sales volume & dollar volume recovering48 sales, $56.3M volume — both up MoM and YoY
↑
Days on market improvingAvg DOM fell 16.8% MoM — townhouse at 15 days
→
Inventory still elevated5.69 MOI — buyers have substantial choice
→
New listings surging180 in March vs. 128 in Feb — spring rush

Conclusion: Transition phase — not a seller's market. Buyers act now; sellers price to market.

Best positioned: Move-up buyers selling townhomes into a tightening segment and purchasing detached with conditions. First-time buyers with flexibility on neighbourhood.
Most exposed: Sellers of luxury estates anchored to 2024–2025 peaks. Condo townhouse investors facing 18.5 months of effective inventory.

Not sure what 5.69 months of inventory means for your situation?

Get a Custom Breakdown →
By Property Type

Aurora Home Prices by Property Type — Detached, Townhouse & Condo

Detached homes dominated March 2026 activity at 62.5% of all sales, with attached row townhouses making up 25%. Condo apartments and townhouses represent the remaining volume — and face the most supply pressure. For investors analyzing cash flow by property type, use the investment deal analyzer.

Detached
$1,363,527 avg
Median: $1,369,000  ▼ 14.7% YoY
30 sales
33 avg DOM
99% SP/LP
SNLR 29%
Att. Row Townhouse
$925,608 avg
Median: $919,250  ▲ est. stable YoY
12 sales
15 avg DOM
98% SP/LP
SNLR 43%
Condo Apartment
$733,500 avg
Median: $777,500  ▼ YoY declining
4 sales
32 avg DOM
96% SP/LP
SNLR 24%
Condo Townhouse
$677,500 avg
Median: $677,500  ▼ YoY declining
2 sales
43 avg DOM
97% SP/LP
SNLR 10%
Semi-Detached
—
No sales recorded in Mar 2026
0 sales
9 active
—
—

Month-over-Month Comparison — February vs. March 2026

Property Type Feb '26 Avg Mar '26 Avg Avg MoM Feb Median Mar Median Med MoM Feb Sales Mar Sales Mar DOM (avg)
Detached $1,536,003 $1,363,527 ▼ −11.2% $1,401,500 $1,369,000 ▼ −2.3% 26 30 33
Att. Row Townhouse $952,000 $925,608 ▼ −2.8% $930,500 $919,250 ▼ −1.2% 6 12 15
Condo Apartment $627,833 $733,500 ▲ +16.8% $515,000 $777,500 ▲ +51.0% 6 4 32
Condo Townhouse $724,500 $677,500 ▼ −6.5% $724,500 $677,500 ▼ −6.5% 2 2 43
Semi-Detached $999,375 — — $999,375 — — 1 0 —
MoM Takeaway: The most important signal in March is the attached row townhouse segment: 12 sales (double February's 6), an average DOM of just 15 days, and an SNLR of 43% — the tightest reading of any Aurora property type this month. This is approaching balanced market territory and suggests entry-to-mid buyers are active. Detached volume improved (30 vs. 26 sales) but median price slipped slightly — reflecting a mix shift toward the $1.25M–$1.5M range rather than the $1.5M+ segment. Condo apartment median appeared to jump significantly but on only 4 sales — the high variance of small sample sizes applies here. Condo townhouse at SNLR 10% and 18.5 MOI is the segment with the most acute supply overhang.

Sales Distribution by Price Range — March 2026

Aurora's sales distribution skews significantly higher than Newmarket. The $900,000–$999,999 and $1,500,000–$1,749,999 bands each captured 10 sales — confirming dual demand clusters at the townhouse/entry-detached price point and the executive detached tier. Only 5 sales occurred below $800K, reflecting Aurora's predominantly upmarket character.

Price RangeSales (Mar '26)Note
$400,000 – $499,9991Condo apartment entry
$600,000 – $699,9992Condo townhouse range
$700,000 – $799,9992Upper condo / townhome
$800,000 – $899,9997Townhouse mid-range
$900,000 – $999,99910Highest sub-$1M band — townhouse dominant
$1,000,000 – $1,249,9996Entry detached / upper townhouse
$1,250,000 – $1,499,9997Mid detached tier
$1,500,000 – $1,749,99910Highest activity band above $1M — executive detached
$1,750,000 – $1,999,9993Upper executive

Current Active Inventory Snapshot

Active Listings
251
Current unsold inventory
Median List Price
$1,349,000
Premium asking price positioning
Avg List Price
$1,607,200
Luxury segment pulling average higher
Active Avg DOM
40 days
Median 28 — many listings aging

The gap between the active median list price ($1,349,000) and the sales median ($1,055,000) is approximately $294,000 — a significant spread that reveals sellers are still anchored above what the market is bearing. The 37 active listings in the $1,250,000–$1,499,999 range and 30 in the $1,750,000–$1,999,999 band represent segments with notable supply pressure.

Volume is recovering. Pricing is still resetting.

Know exactly where your property type sits before you list or buy.

Free Home Valuation →
Aurora Move-Up Analysis

Is Now a Good Time to Upgrade in Aurora?

Aurora's townhouse-to-detached price spread has widened slightly compared to the compressed levels of 2022–2023, but the current buyer's market conditions mean move-up buyers are selling into a strengthening townhouse segment and buying detached with negotiating room. See the full buyer's guide for York Region and start with a free home valuation to understand your equity position.

$450K
Townhouse → Detached Spread  |  Median-to-median, Mar 2026 TRREB data
Upgrade Path Selling Price (Est.) Buying Price (Est.) Price Spread Market Condition
Att. Townhouse → Detached ~$919K (med) ~$1,369,000 (med) $450,000 Buyer's
Condo Apt → Townhouse ~$778K (med) ~$919,000 (med) $141,000 Buyer's
Aurora → Aurora Highlands Detached ~$1,055K (market med) ~$1,325,000 (Highlands med) $270,000 Buyer's

The townhouse segment's SNLR of 43% and 15-day average DOM mean sellers in that category have real leverage right now — an ideal position for a simultaneous list-and-buy strategy. Get a Free Valuation →

Thinking about upgrading in Aurora? Find out what your current home is worth first.

Free Home Valuation →
Neighbourhood Profiles

Aurora Neighbourhoods — Where to Buy in 2026

Aurora is a relatively compact market with 8–10 TRREB-classified neighbourhoods, each with a distinct character and price point. For adjacent market context, compare to the Newmarket real estate report and Richmond Hill market report. All data reflects March 1–31, 2026.

Supply Pressure by Community — March 2026

Community Sales New Listings SNLR Median Price Avg DOM SP/LP Condition
Aurora Highlands 16 39 41% $1,325,000 33 99% Balanced
Rural Aurora 10 25 40% $1,274,500 19 99% Balanced
Aurora Village 7 36 19% $904,000 23 98% Buyer-Leaning
Aurora Grove 2 3 67% $897,500 10 98% Seller-Leaning
Bayview Wellington 5 17 29% $880,000 17 97% Buyer-Leaning
Bayview Northeast 3 21 14% $1,330,000 25 97% Buyer-Leaning
Aurora Heights 4 21 19% $956,450 71 98% Buyer-Leaning
Aurora Estates 1 10 10% $1,680,000 8 94% Buyer-Leaning

SNLR = sales ÷ new listings. Above 60% = seller-leaning; 40–60% = balanced; below 40% = buyer-leaning. Data window: March 1–31, 2026. Source: TRREB MLS®. Low-volume communities (1–3 sales) should be interpreted with caution — single transactions can significantly shift metrics.

Aurora Highlands
Highest volume, consistent demand, executive mix
$1,325,000
Med Price
16
Sales
33
Avg DOM
99%
SP/LP
Highest VolumeSNLR 41%Balanced
Aurora Highlands is Aurora's most active neighbourhood with 16 sales — one-third of all March activity. At 41% SNLR it's the closest to balanced conditions in the city. The median of $1,325,000 is up significantly from March 2025's $1,030,000 — though this likely reflects a mix shift toward larger detached homes rather than pure appreciation. Well-priced properties at 99% SP/LP are closing efficiently.

Get sold alerts for Aurora Highlands →

Rural Aurora
Estate lots, acreage, executive detached, privacy
$1,274,500
Med Price
10
Sales
19
Avg DOM
99%
SP/LP
Estate HomesFast SalesSNLR 40%
Rural Aurora posted 10 sales at a fast 19 avg DOM and 99% SP/LP — one of the strongest neighbourhood performances in Aurora this month. The median of $1,274,500 reflects estate-style detached homes on larger lots north of Wellington Street. Compared to March 2025's median of $1,202,900, this represents a YoY gain — a rare positive signal in the current market. SNLR of 40% approaching balanced conditions.

Get sold alerts for Rural Aurora →

Bayview Northeast
Premium pricing, significant supply pressure, buyer opportunity
$1,330,000
Med Price
3
Sales
25
Avg DOM
97%
SP/LP
Premium TierSNLR 14%Buyer's Opportunity
Only 3 sales against 21 new listings — an SNLR of 14% makes Bayview Northeast the most buyer-leaning neighbourhood in Aurora this month. The median of $1,330,000 compares to a February median of $1,145,000 and a March 2025 median of $1,349,500 — suggesting pricing is close to the 2025 level with substantially more inventory and negotiating room. Motivated sellers are accepting conditions.

Get sold alerts for Bayview Northeast →

Aurora Village
Walkable, Yonge Street, mixed housing, lifestyle-driven
$904,000
Med Price
7
Sales
23
Avg DOM
98%
SP/LP
Walkable Yonge StMixed HousingSNLR 19%
7 sales with a fast 23 avg DOM despite an SNLR of only 19% — this suggests well-priced properties in Aurora Village are moving, but overpriced ones are sitting. The median of $904,000 in March compares to $724,500 in February (a significant jump) and $690,000 in March 2025. The mix shift toward larger units is influencing the median. Proximity to Aurora GO Station and walkable Yonge Street amenities support sustained demand.

Get sold alerts for Aurora Village →

Aurora Heights
Established streets, mature lots, extended DOM challenge
$956,450
Med Price
4
Sales
71
Avg DOM
98%
SP/LP
Mature LotsExtended DOMSNLR 19%
Aurora Heights' 71 avg DOM is the longest of any Aurora neighbourhood in March — a signal that properties in this area are requiring more time and potentially price reductions before closing. Despite only 4 sales, the SP/LP ratio held at 98%, confirming that sellers are ultimately meeting the market. Buyers targeting this neighbourhood have significant time to conduct due diligence. SNLR of 19% provides leverage for negotiating favourable terms.

Get sold alerts for Aurora Heights →

Bayview Wellington
Value relative to Aurora, fast DOM, accessible pricing
$880,000
Med Price
5
Sales
17
Avg DOM
97%
SP/LP
Value OptionFast SalesSNLR 29%
Bayview Wellington is Aurora's most accessible neighbourhood for buyers seeking sub-$900K pricing in a detached-friendly environment. The 17 avg DOM is among the fastest in Aurora, and the February comparison (1 sale, $1,171,888 median) highlights how dramatically volume and price can shift month-to-month in low-volume areas. Current conditions suggest motivated sellers and relatively quick absorption for well-presented properties.

Get sold alerts for Bayview Wellington →

Aurora Grove
Low supply, fast absorption, seller-leaning conditions
$897,500
Med Price
2
Sales
10
Avg DOM
98%
SP/LP
Low SupplyFast SalesSNLR 67%
Aurora Grove is the standout seller-leaning neighbourhood in Aurora this month — 2 sales against only 3 new listings produces an SNLR of 67%. The 10 avg DOM confirms demand is absorbing the limited supply quickly. Note: 2-sale months carry high statistical variance and should not be extrapolated as a trend. However, structural scarcity in Aurora Grove consistently produces faster absorption than the broader market.

Get sold alerts for Aurora Grove →

Aurora Estates
Luxury tier, significant buyer leverage, estate homes
$1,680,000
Med Price
1
Sales
8
Avg DOM
94%
SP/LP
Luxury TierSNLR 10%Buyer Leverage
Only 1 sale against 10 new listings — the most supply-heavy SNLR in Aurora at 10%. The 94% SP/LP (lowest in Aurora) confirms buyers in the luxury segment are successfully negotiating meaningful discounts from asking price. The single sale at $1,680,000 vs. February's 2 sales at $2,077,000 median reflects the volatility of the ultra-luxury segment. Buyers targeting $1.5M+ estate homes have the most negotiating power in Aurora right now.

Get sold alerts for Aurora Estates →

Community-level data uses median sale price. All figures sourced from TRREB MLS® data for March 2026. Low-volume neighbourhoods (1–3 sales) are subject to high statistical variance. Subject to revision.

Strategy

Buying or Selling in Aurora? March 2026 Strategy Guide

Aurora March 2026 — The One-Line Read

Volume is recovering. Pricing is still resetting.

The townhouse segment is tight. The luxury segment is loose. The $1M–$1.5M detached range is somewhere in between. Your strategy depends entirely on where you're buying or selling.

Execution matters more than timing right now. Talk to Matthew directly →

🏠
Buyer's Playbook — March 2026
Buyer's Market
1
Segment matters — Aurora is not one marketThe townhouse segment (SNLR 43%, 15 avg DOM) is tightening fast. If you're targeting a townhouse, the buyer's market playbook is eroding. If you're targeting detached above $1.5M, you have substantial leverage. Know your segment before you know your strategy. See full buyer resources for York Region.
2
Aurora Estates and Bayview Northeast offer the most negotiating roomSNLR of 10% and 14% respectively, with SP/LP ratios of 94–97%. Buyers in these segments can negotiate on both price and conditions. Don't rush — inventory is substantial and sellers are motivated.
3
Use conditions — most Aurora sellers will accept themWith 5.69 MOI and SNLR of 27%, this is still a buyer's market overall. Financing and inspection conditions are widely accepted outside the townhouse segment. Don't waive protections in segments where you don't need to.
4
Aurora Highlands and Rural Aurora are close to balancedSNLR of 41% and 40% respectively, with 99% SP/LP and fast DOM. These neighbourhoods require sharper offer preparation — you're closer to competing with other buyers than in the rest of the market.

Buyer Resources →

🔑
Seller's Playbook — March 2026
Improving Conditions
1
Townhouse sellers: the spring market has arrived for youSNLR 43% and 15 avg DOM means your segment is the most in-demand in Aurora right now. If you're listing a townhouse and it's well-priced and prepared, expect active showing traffic and a sale in 2–3 weeks. Don't leave money on the table — price to the market, not below it.
2
Detached sellers: price to the March median, not peak 2024–2025The active listing median is $1,349,000 but the sales median is $1,055,000 — a $294,000 gap that reveals the consequence of overpricing. Listings anchored to 2024 comps are sitting 40+ days. Start with a free Aurora home valuation to anchor to current data.
3
Presentation wins at every price pointWith 180 new listings hitting the market in March and 251 active listings competing for 48 buyers, your home must stand out. In Aurora's premium market, professional photography, high-quality staging, and pre-listing updates to kitchens and primary baths are non-negotiable.
4
Luxury sellers: be realistic on timelineAurora Estates SNLR is 10% — one sale in 90 days is a realistic expectation at peak pricing. Consider whether a 5–8% pricing adjustment now is worth a 90-day listing and two or three price reductions later. Time on market is the most expensive cost in a buyer's market.

Seller Resources →

Investors & Renters

Aurora Investment & Rental Market Outlook — 2026

💼 For Investors

Aurora's rental market is supported by GO Transit commuters (Barrie Line, Aurora GO Station), Southlake Regional Health Centre staff spillover from Newmarket, and the general York Region professional relocation base. Townhomes in the $900K–$950K range are achieving gross rents in the $2,800–$3,200/month range. Gross cap rates remain compressed at approximately 3.6–4.1%. The townhouse segment's tightening supply (SNLR 43%, MOI 2.42) makes it the most defensible entry point for buy-and-hold investors. Run your numbers with the investment deal analyzer.

🏠 For Renters

Aurora's rental inventory has increased since 2024 as investor-held units came to market, giving renters more negotiating leverage on move-in incentives and lease terms than in prior years. Average asking rents for a 2-bedroom unit in Aurora are approximately $2,500–$2,800/month as of early 2026 — a premium over comparable Newmarket units, reflecting Aurora's upmarket positioning. Proximity to Aurora GO Station and Yonge Street carry consistent premiums worth $150–$250/month. If the sales market continues to improve and investor activity picks up, rental supply may tighten modestly in H2 2026.

🏢 For Landlords

Aurora's rental market remains fundamentally healthy but competitive. The dramatic supply increase in the condo townhouse segment (MOI 18.5) means landlord pricing power in that segment has decreased significantly. Well-maintained, well-located properties near transit and amenities continue to lease efficiently. For landlords considering whether to sell or continue renting, March's improving sales market may represent an improved exit window relative to late 2025. The question is whether April and May volumes confirm a sustained recovery.

Want to Know What This Market Means for You?

Every situation is different. I break down your exact position — whether you're buying, selling, or investing — using the current Aurora data.

Frequently Asked Questions

Aurora Real Estate FAQ — Prices, Market & Neighbourhoods

Prices & Market Conditions

What is the average home price in Aurora in 2026? +
The median home price in Aurora in March 2026 is $1,055,000, down 10.0% from $1,171,888 in February 2026 (a mix shift toward the $900K–$1.25M tier rather than a pure market decline) and down 7.0% year-over-year from $1,134,900 in March 2025. The average sale price is $1,172,960, down 9.9% YoY. Prices vary significantly by property type: detached homes had a median of $1,369,000, attached row townhouses $919,250, and condo apartments $777,500. Aurora is one of York Region's most premium markets, with a 90th percentile sale price of $1,659,000.
Is Aurora a buyer's or seller's market right now? +
Aurora remains in buyer's market territory overall as of March 2026, with an SNLR of 27% and 5.69 months of inventory. However, conditions vary significantly by segment. The attached row townhouse segment is approaching balanced conditions (SNLR 43%, MOI 2.42), while the condo townhouse and luxury estate segments are deeply buyer-leaning (SNLR 10–14%). Aurora Highlands and Rural Aurora are the closest to balanced at 40–41% SNLR. The broadest buyer leverage remains in the luxury tier above $1.5M.
Will Aurora home prices drop further in 2026? +
March 2026 showed improving volume signals: sales up 11.6% MoM, total dollar volume up 4.8%, and average DOM falling 16.8%. The median price fell 10.0% MoM to $1,055,000 — but this reflects a mix shift toward mid-tier transactions rather than a market-wide price drop, as confirmed by the YTD median of $1,100,000 across 120 sales. The YoY median decline is −7.0%. Whether March represents a durable activity floor will depend on April and May volume. If sales hold above 45–50 and inventory begins declining from 5.69 MOI, stabilization in the $1,040K–$1,100K median range is a plausible near-term scenario. Aurora's lower transaction volume relative to Newmarket creates more month-to-month volatility, so a single month's data is not definitive.

Neighbourhoods & Community

What are the best neighbourhoods in Aurora? +
Aurora's neighbourhoods each offer a distinct proposition. Aurora Highlands is the most active and most balanced neighbourhood — best for buyers who want consistent demand and well-established resale values. Rural Aurora offers estate-style homes on larger lots with surprisingly fast absorption. Aurora Village provides the best walkability, with access to Yonge Street shops, restaurants, and the Aurora GO Station. Bayview Northeast commands the highest prices but currently has the most buyer leverage (SNLR 14%). Bayview Wellington offers the best value relative to Aurora's overall price level. Aurora Grove is the tightest market with the lowest inventory. Aurora Estates is where luxury buyers can negotiate the most aggressively.
How far is Aurora from Toronto? +
Aurora is approximately 45–55 km north of downtown Toronto. By car via Hwy 404 or Yonge Street, expect 40–60 minutes depending on traffic. By GO Train (Barrie Line), Aurora GO Station to Union Station takes approximately 50 minutes on express service. Aurora GO Station is located on Industrial Parkway South — buyers near Yonge Street and Wellington have the most convenient walk or drive to the platform. GO-proximate properties in Aurora Village and Aurora Highlands consistently command a resale premium.
What schools are in Aurora? +
Aurora is served by the York Region District School Board (YRDSB) and the York Catholic District School Board (YCDSB). Notable public secondary schools include Dr. G.W. Williams Secondary School (the main public secondary school serving most of Aurora), Cardinal Carter Catholic High School, and Our Lady of the Lake Catholic College. For families with school-age children, verifying specific elementary catchment boundaries with YRDSB or YCDSB before purchasing is strongly recommended, as catchment boundaries do not always align with perceived neighbourhood boundaries.

Buying & Selling

Is now a good time to buy a home in Aurora? +
For qualified buyers, the current Aurora market offers conditions not seen since 2018–2019: prices are down from 2025 peaks, inventory remains elevated at 5.69 MOI, and sellers are accepting conditions. March's improved volume is a constructive signal but not yet a confirmed trend. Aurora's long-term fundamentals — GO Transit access, proximity to Toronto employment corridors, top-rated schools, and York Region population growth — remain intact. Buyers with 5+ year horizons who are financially ready can act with confidence. Compare to the York Region market overview and Newmarket market report for broader context.
How much do I need for a down payment on an Aurora home? +
For Aurora detached homes — where the median is $1,369,000 — a minimum 20% down payment is required, as CMHC mortgage insurance is unavailable above $1,000,000. On the median detached home, that's approximately $273,800 minimum. For townhomes in the $900K–$950K range, you may qualify for insured financing with as little as 5–10% down, subject to OSFI stress testing at contract rate plus 2%. Use the affordability calculator to determine which Aurora price tiers are accessible given your income and down payment.
What is the average rent in Aurora in 2026? +
Average asking rents in Aurora in early 2026 are approximately $2,500–$2,800/month for a 2-bedroom unit, a modest premium over Newmarket reflecting Aurora's higher market positioning. 1-bedroom units average $1,950–$2,200/month. Properties near Aurora GO Station and Yonge Street corridor command consistent premiums. Rental supply has increased since 2024, giving tenants more negotiating leverage on move-in incentives and lease terms than in prior years. Investors should use current rent levels as inputs into the investment deal analyzer when underwriting any Aurora purchase.
What to Watch Next

Aurora Real Estate Forecast — What to Watch in April & May 2026

March's improvement is encouraging — but Aurora's lower transaction volume means confirmation requires sustained signals across multiple months. The read right now: volume is recovering, pricing is still resetting. Here's the test:

✓ Structural Recovery (Bullish Signal)

If April and May sustain 45+ sales AND months of inventory trends toward 4.5 or below, March is a structural shift. The townhouse segment tightening further (SNLR toward 50%+) would be the most reliable leading indicator to watch.

✗ Seasonal Bounce (Caution Signal)

If April sales fall back below 40 or MOI stalls above 5.5, March is a seasonal blip — not a trend change. Given Aurora's historically lower transaction volume, this scenario remains plausible and should temper overly optimistic interpretations of a single month's data.

This is what separates informed decisions from guesswork. Bookmark the Aurora real estate market 2026 report — updated monthly with TRREB MLS® data.

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Related Reports & Resources

York Region
York Region Overview →
York Region
Newmarket Market Report →
York Region
Richmond Hill Report →
York Region
Markham Market Report →
York Region
East Gwillimbury Report →
Tools
Free Home Valuation →
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Investment Analyzer →
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Rent vs. Own Calculator →

Coverage

Resale transactions only. Source: TRREB MLS® System, Aurora (City), York Region filter, reporting month of March 2026. Excludes new construction, assignment sales, and private sales.

Key Definitions

SNLR: Sales divided by new listings in the period. MOI: Active listings divided by monthly sales rate. DOM: Days from list date to firm sale. SP/LP: Sale price as a percentage of list price.

Limitations

Aurora is a lower-volume market (typically 30–70 sales/month). Segment-level and neighbourhood-level figures based on small sample sizes carry high statistical variance and should be interpreted with caution. Month-over-month comparisons should account for seasonal patterns. Some neighbourhood medians can shift by $100K+ based on a single large transaction. All data is subject to TRREB revision.

Editorial Notes

Community pricing estimates, neighbourhood descriptions, commute times, and rental ranges are editorial estimates based on available market information. They are not appraisals and should not be relied upon as valuations. Commute times reflect typical off-peak conditions. Year-over-year comparisons for some neighbourhoods reference March 2025 data which showed zero sales in certain communities; those are excluded from YoY comparison.

The data presented in this report is sourced from the TRREB MLS® System and reflects resale transactions recorded in March 2026 in Aurora, Ontario. All metrics are for informational purposes only and do not constitute financial or investment advice. MLS® is a registered trademark of the Canadian Real Estate Association. Matthew Gizzie is a registered REALTOR® with Keller Williams Realty Centres, Brokerage. All figures are subject to TRREB revision.

Matthew Gizzie

Matthew Gizzie

Real Estate Professional

Keller Williams Realty Centers, Brokerage.

16945 Leslie Street unit 27-29, Newmarket, Ontario, L3Y 9A2

Matthew@meetmatthew.ca

(289) 338-1433

(905) 895-5972
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Listing Data were last updated: 2026-04-18 02:57:33

Listing Objects were last updated: 2026-04-17T11:51:46.457735Z

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Matthew Gizzie is a registered REALTOR� with Keller Williams Realty Centres, Brokerage. Proudly serving York Region, Simcoe County, and the Greater Toronto Area � including Newmarket, Aurora, Richmond Hill, Vaughan, Markham, Barrie, and Bradford. Not intended to solicit buyers or sellers currently under contract. MLS� and REALTOR� are trademarks of The Canadian Real Estate Association (CREA).

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