Note: These charts represent the last 12-months of activity on residential real estate in Surprise.
Surprise Home Prices:
(12 Month History)
- 465000.00,465000.00,478999.50,476888.50,465000.00,464625.00,450000.00,459900.00,461995.00,459990.00,462000.00,465000.00
- 435990.00,449999.50,457494.50,435250.00,428495.00,432745.00,439990.00,434000.00,446495.00,447590.00,440061.00,449745.00
- 434999.00,440000.00,425000.00,430000.00,427990.00,429068.50,424949.50,423817.00,426301.50,433887.50,449000.00,425000.00
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.
- 2.75,2.69,2.54,2.52,2.85,3.18,3.33,3.27,3.29,3.36,3.37,3.6
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Inventory:
(12 Month History)
- 705,703,668,682,780,886,943,926,946,979,990,1063
- 421,322,346,396,398,386,335,265,490,433,427,414
- 393,363,313,277,283,244,222,282,232,298,335,341
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.
- 69.8,72.3,60.5,61.7,54.0,57.2,52.6,65.8,75.7,72.5,73.4,82.3
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Volume:
(12 Month History)
- 348903602,352042849,343176960,349921648,391086182,439573815,457507970,453042281,471883139,487642446,491214072,531883311
- 194513535,155919143,167943951,184440036,182477944,180726205,154603197,121771190,237864622,204176997,203143214,201699877
- 178384933,166760978,140783876,126267934,127561392,114142038,102224733,128180060,106648602,137441211,158454205,159056027
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 453905.68,459396.63,449788.74,455840.92,450746.97,467795.24,460471.77,454539.22,459692.25,461212.12,472997.63,466439.96
- 445071.62,452612.42,443414.72,450181.01,445594.88,460406.24,452526.09,447700.55,451997.57,454124.06,465781.94,461057.33
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.
- 98.2,98.5,98.6,98.8,98.9,98.6,98.2,98.5,98.4,98.5,98.5,98.9
Information is deemed to be reliable, but is not guaranteed. © 2024