Note: These charts represent the last 12-months of activity on residential real estate in Surprise.
Surprise Home Prices:
(12 Month History)
- 475000.00,489315.00,489990.00,479045.00,469945.00,457500.00,449500.00,448500.00,444990.00,439900.00,439250.00,443490.00
- 457500.00,469850.00,480000.00,464900.00,455000.00,439900.00,439000.00,430000.00,416000.00,424992.50,443101.00,439000.00
- 442900.00,450000.00,459950.00,483000.00,464000.00,460000.00,438945.00,440447.50,437000.00,426995.00,429950.00,424900.00
Information is deemed to be reliable, but is not guaranteed. © 2023
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.
- 0.69,0.86,1.08,1.57,2.23,2.64,2.94,3.22,3.24,3.15,3.02,2.93
Information is deemed to be reliable, but is not guaranteed. © 2023
Surprise Inventory:
(12 Month History)
- 253,314,392,564,798,918,987,1041,1001,938,862,810
- 426,435,473,557,483,446,385,350,289,222,394,327
- 411,364,332,335,223,246,216,194,220,228,194,260
Information is deemed to be reliable, but is not guaranteed. © 2023
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.
- 24.5,22.9,23.6,25.9,33.8,36.2,46.1,61.8,54.5,71.8,84.3,87.7
Information is deemed to be reliable, but is not guaranteed. © 2023
Surprise Volume:
(12 Month History)
- 124907665,157193881,198887444,284678493,396359960,446321981,469743959,500049971,478667233,442457418,405695853,382100324
- 201814448,212663194,238625574,270330949,231639222,204374603,178467319,162740111,128911528,100446517,183042050,152525751
- 187720399,173039442,157516232,169092123,105749188,117960781,98645800,88693674,99097145,102337947,88795298,117930568
Information is deemed to be reliable, but is not guaranteed. © 2023
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 456740.63,475383.08,474446.48,504752.61,474211.61,479515.37,456693.52,457183.89,450441.57,448850.64,457707.72,453579.11
- 464319.77,485591.38,484851.16,507400.92,471248.51,473725.60,446629.54,446191.69,441234.40,436170.07,446051.82,445653.63
Information is deemed to be reliable, but is not guaranteed. © 2023
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.
- 101.8,102.3,102.3,100.5,99.4,98.8,97.9,97.5,97.9,97.2,97.3,98.3
Information is deemed to be reliable, but is not guaranteed. © 2023