Surprise MLS Statistics

Note: These charts represent the last 12-months of activity on residential real estate in Surprise.

Surprise Home Prices:

(12 Month History)
  • 435995.00,443980.00,455000.00,460000.00,469000.00,469900.00,479040.00,479020.00,489900.00,497000.00,485990.00,489000.00
  • 410000.00,425000.00,425000.00,434950.00,436250.00,437882.50,449450.00,459950.00,469900.00,481900.00,479900.00,475000.00
  • 399000.00,399900.00,417000.00,410000.00,425000.00,430000.00,430000.00,442900.00,450000.00,459950.00,483000.00,459900.00

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 0.79,0.92,1.05,1.01,0.87,0.76,0.69,0.67,0.83,1.05,1.53,2.22

Information is deemed to be reliable, but is not guaranteed. © 2022


Surprise Inventory:

(12 Month History)
  • 288,339,387,367,315,277,251,246,304,379,549,793
  • 447,449,428,380,272,398,380,426,435,473,557,480
  • 399,366,365,348,377,308,352,411,363,332,335,223

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 22.7,24.7,26.7,27.2,28.6,33.9,29.3,24.5,22.8,23.5,25.9,33.7

Information is deemed to be reliable, but is not guaranteed. © 2022


Surprise Volume:

(12 Month History)
  • 138348530,162632850,193911877,183096140,157919422,136356294,126888406,122766024,154318601,196165114,285576449,410435845
  • 193205679,196890948,197707216,170418116,122091214,181318650,174212586,202242348,213614635,241322220,277984391,239951314
  • 166980712,149842636,155812855,149479658,170424873,138741608,161285374,187720399,172595462,157516232,169092123,105534318

Information is deemed to be reliable, but is not guaranteed. © 2022


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 418498.03,409406.11,426884.53,429539.25,452055.37,450459.77,458197.09,456740.63,475469.59,474446.48,504752.61,473248.06
  • 426902.24,416348.69,431153.33,432587.61,452477.24,452132.13,462928.64,464313.68,485702.57,484884.30,507400.92,470316.36

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 102.3,101.7,101.2,101.0,100.3,100.6,101.1,101.8,102.3,102.3,100.5,99.4

Information is deemed to be reliable, but is not guaranteed. © 2022