Aurora Home Prices Just Dropped $200K. What’s Going On? | August 2026 Market Update

Aurora home prices dropped almost $200,000 in August. But does that mean your home is worth less? Not necessarily. In this August 2026 Aurora Real Estate Market Update, we're looking beyond the headlines to explain what's really happening and where opportunities may exist for buyers and sellers this fall. Here's what we're covering: Why Aurora's average sale price fell nearly 15% What 4.9 months of inventory tells us about the market Why homes selling for 97% of asking price doesn't tell the whole story Why properties are taking longer to sell Where buyers may have more negotiating room Why the gap between selling and buying could create opportunities for move-up buyers Whether you're thinking about buying, selling, or simply keeping an eye on Aurora real estate, we'll help you understand what these numbers could mean for your next move. Thinking about making a move in Aurora or Newmarket? Book a complimentary home evaluation: https://www.kastlerealty.ca/selling#v... Book a call to discuss your options: ➡️To book a consult with Kerri ⇢ https://calendly.com/kerri-kastlereal... ➡️To book a consult with Shaun ⇢ https://calendly.com/shaun-kastlereal... ✉️To send an email to Kerri ⇢ mailto:kerri@kastlerealty.ca ✉️To send an email to Shaun ⇢ mailto:shaun@kastlerealty.ca ------------------------------------------------------------------------ ☀️ If you liked this video, you may also like: Video Title ⇢    • Are Buyers in Newmarket Losing Their Advan...   Video Title ⇢    • Who’s Winning in Aurora Right Now - Buyers...   ------------------------------------------------------------------------ ☀️ Subscribe for new videos every week ⇢    / @kastlerealtyteam   ------------------------------------------------------------------------ ☀️Follow Kerri & Shaun at Kastle Realty Team: INSTAGRAM ⇢ @kastle_realty_team WEBSITE ⇢ kastlerealty.ca FACEBOOK ⇢ https://www.facebook.com/profile.php?... ------------------------------------------------------------------------ Kastle Realty Team | Aurora & Newmarket Real Estate Helping families buy, sell, and invest in Aurora, Newmarket, and York Region with clarity and strategy. On this channel, you'll find local neighbourhood insights, lifestyle highlights, market updates, and practical real estate advice for people exploring life in York Region. If you're thinking about moving to Aurora or Newmarket, relocating, selling your home, or investing in real estate, this channel will help you understand the communities, the market, and what everyday life here really looks like. Led by sisters Kerri O’Brien and Shaun Noble, Kastle Realty combines deep local knowledge with an investor mindset to help clients navigate the market with confidence. #AuroraOntario #NewmarketOntario #YorkRegionRealEstate #KastleRealtyTeam #NewmarketRealEstate #AuroraRealEstate