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)
  • 468320.00,469900.00,479040.00,475000.00,489315.00,489990.00,479900.00,474900.00,460000.00,450000.00,449999.00,450000.00
  • 436250.00,437882.50,449000.00,457500.00,469900.00,480000.00,469000.00,459950.00,444500.00,442500.00,438625.00,429990.00
  • 425000.00,430000.00,430000.00,442900.00,450000.00,459950.00,483000.00,464000.00,460000.00,438900.00,439750.00,439450.00

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.
  • 0.87,0.77,0.7,0.69,0.85,1.08,1.56,2.22,2.62,2.92,3.19,3.24

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


Surprise Inventory:

(12 Month History)
  • 316,278,254,254,313,390,562,795,911,979,1031,1001
  • 272,398,380,426,435,473,557,483,446,385,350,281
  • 377,308,352,411,364,332,335,223,246,215,192,220

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.
  • 28.6,33.9,29.3,24.5,22.9,23.5,25.9,33.8,36.1,45.9,61.5,53.7

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


Surprise Volume:

(12 Month History)
  • 157861556,136298428,127723741,125795655,157268332,198498093,284763813,396972968,446130250,470630374,503711891,490974065
  • 122081314,181270871,173921963,201910448,212760482,238976763,271182271,232885521,205925766,180525697,166081690,128705203
  • 170424873,138741608,161285374,187720399,173039442,157516232,169092123,105749188,117960781,98108431,87602390,98884723

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 452055.37,450459.77,458197.09,456740.63,475383.08,474446.48,504752.61,474211.61,479515.37,456318.28,456262.45,449476.01
  • 452477.24,452132.13,462948.52,464319.77,485591.38,484851.16,507400.92,471248.51,473725.60,446166.20,445339.57,440313.73

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.
  • 100.3,100.6,101.1,101.8,102.3,102.3,100.5,99.4,98.8,97.9,97.6,97.9

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