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)

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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.
  • 1.96,2.08,2.19,2.2,2.24,2.42,2.25,2.16,1.93,1.8,1.65,1.56

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


Surprise Inventory:

(12 Month History)
  • 641,677,721,726,728,784,732,696,629,592,548,525
  • 374,433,332,247,436,410,451,479,431,364,357,428
  • 281,296,301,263,244,294,366,407,466,403,382,379

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.
  • 57.6,57.0,66.7,66.2,63.5,70.0,67.4,65.7,56.3,58.9,54.5,56.4

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


Surprise Volume:

(12 Month History)
  • 192460683,203417876,214251569,217955259,225610883,238687208,226352334,220178657,200416928,187727520,176981400,169906402
  • 103698438,124386838,93646648,74862978,122933863,113358358,132168103,136671247,120861557,106466196,104543555,120601546
  • 75086702,78546667,82918831,73594701,66447699,82227009,101813845,115518080,130632449,113802993,108211372,108362544

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 267212.46,265360.36,275477.84,279827.76,272326.64,279683.70,278179.90,283828.21,280327.14,282389.56,283275.84,285917.00
  • 263616.37,262480.18,270297.81,275832.86,268242.08,275112.72,273758.18,279661.32,277243.24,278708.14,280231.91,282342.52

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.
  • 98.7,98.9,98.1,98.6,98.4,98.4,98.5,98.4,98.9,98.8,99.0,98.9

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