Note: These charts represent the last 12-months of activity on residential real estate in Surprise.
Surprise Home Prices:
(12 Month History)
- 463990.00,450000.00,458945.00,459997.50,459900.00,459900.00,460000.00,460000.00,465000.00,459900.00,464900.00,463500.00
- 430250.00,439990.00,433785.00,445492.50,440900.00,434900.00,442500.00,450000.00,449000.00,430000.00,435000.00,444182.50
- 429900.00,425000.00,423817.00,426301.50,433887.50,449000.00,427000.00,439647.50,439990.00,429995.00,445000.00,429500.00
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Absorption Rate:
(12 Month History)
This rate represents the number of months it would take to deplete the current inventory with no new listings. The absorption rate in a balanced market is typically between 5 – 7 months. A higher number would reflect more of a buyer’s market and a lower number a seller’s market.
- 3.16,3.32,3.26,3.28,3.37,3.36,3.49,3.34,3.33,3.43,3.49,3.56
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Inventory:
(12 Month History)
- 883,942,924,946,983,991,1032,998,985,1000,1005,1024
- 386,335,265,490,437,427,419,430,359,391,402,470
- 245,223,282,232,300,334,340,360,305,274,269,284
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market in Surprise:
(12 Month History)
This number represents the average number of days between the original listing date and the “under contract” date among the homes sold in a given month.
- 57.0,52.5,65.8,75.7,72.2,73.4,82.3,75.6,77.4,72.2,80.6,67.8
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Volume:
(12 Month History)
- 437465984,455923978,450899443,469535060,485759920,487042788,511349269,489272671,485256271,487642357,489272775,500201164
- 180483725,154582297,121398762,236201801,204616330,201309471,200777883,203730321,170507755,178188649,185851184,221717248
- 114696248,102909928,128180060,106648602,138345080,157950260,158891152,169865119,142756730,124474699,127526746,129320033
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 468147.95,461479.50,454539.22,459692.25,461150.27,472904.97,467326.92,471847.55,468054.85,454287.22,474077.12,455352.23
- 460747.72,453558.23,447700.55,451997.57,454150.21,465601.14,461855.26,465410.20,463495.95,449577.21,467645.22,450617.19
Information is deemed to be reliable, but is not guaranteed. © 2024
Sale to List Price Ratio:
(12 Month History)
This ratio represents the average percentage of the list price that sellers accepted in a given month.
- 98.6,98.2,98.5,98.4,98.5,98.5,98.9,98.7,99.1,99.0,98.6,99.1
Information is deemed to be reliable, but is not guaranteed. © 2024