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)
  • 274000.00,276249.50,279000.00,279742.00,281708.00,277600.00,279900.00,275000.00,279999.50,285250.00,289900.00,297070.50
  • 259900.00,259000.00,259250.00,279900.00,263450.00,265000.00,260000.00,259900.00,270000.00,272900.00,267500.00,279899.50
  • 250000.00,249950.00,249900.00,250000.00,263500.00,267500.00,259000.00,259994.00,260000.00,263900.00,265000.00,267000.00

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 1.9,1.91,1.96,2.08,2.19,2.2,2.24,2.42,2.25,2.15,1.93,1.81

Information is deemed to be reliable, but is not guaranteed. © 2019


Surprise Inventory:

(12 Month History)
  • 627,630,641,677,721,726,728,784,732,694,628,596
  • 370,375,374,433,332,247,436,410,451,479,431,364
  • 337,323,281,296,301,263,244,294,366,407,466,403

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 54.3,51.2,57.6,57.0,66.7,66.2,63.5,70.0,67.4,65.7,56.3,58.9

Information is deemed to be reliable, but is not guaranteed. © 2019


Surprise Volume:

(12 Month History)
  • 182714923,182237179,192390353,203389546,214223239,217912533,225548057,238663182,226376017,219595066,200253767,189172425
  • 102702491,103498785,103698438,124428838,93646648,74853482,122913863,113408158,132208262,136823538,120997725,106911783
  • 90459992,86492482,75086702,78546667,82918831,73594701,66447699,82227009,101813845,115518080,130632449,113822003

Information is deemed to be reliable, but is not guaranteed. © 2019


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 268427.28,267778.58,267212.46,265360.36,275477.84,279827.76,272326.64,279683.70,278179.90,283828.21,280327.14,282436.73
  • 265320.78,263815.88,263616.37,262480.18,270297.81,275832.86,268242.08,275112.72,273758.18,279661.32,277246.69,278755.31

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 98.9,98.6,98.7,98.9,98.1,98.6,98.4,98.4,98.5,98.4,98.9,98.8

Information is deemed to be reliable, but is not guaranteed. © 2019