Note: These charts represent the last 12-months of activity on residential real estate in Surprise.
Surprise Home Prices:
(12 Month History)
- 462998.00,465000.00,465000.00,478999.50,476888.50,465000.00,464250.00,450000.00,459900.00,462255.00,459992.50,462995.00
- 440000.00,435990.00,449999.50,457494.50,435250.00,428495.00,432745.00,439990.00,434500.00,447285.00,446000.00,441090.00
- 422295.00,434999.00,440000.00,425000.00,430000.00,427990.00,429068.50,424949.50,423817.00,426301.50,433887.50,449000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 2.88,2.75,2.69,2.54,2.52,2.85,3.18,3.33,3.27,3.29,3.37,3.39
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Inventory:
(12 Month History)
- 752,705,703,668,682,780,886,943,926,946,980,997
- 350,421,322,346,396,398,386,335,265,490,433,427
- 300,393,363,313,277,283,244,222,282,232,298,335
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 77.5,69.8,72.3,60.5,61.7,54.0,57.2,52.6,65.8,75.7,72.5,73.4
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Volume:
(12 Month History)
- 367773335,348906817,352097065,343234656,349974244,391190553,439754811,457759981,453308022,472382247,488665466,496053829
- 165110019,194513535,155970144,167947431,184449936,182561844,180780720,154633607,121845740,238045024,204444360,203664660
- 135313783,178384933,166760978,140783876,126267934,127561392,114142038,102224733,128180060,106648602,137441211,158454205
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 451045.94,453905.68,459396.63,449788.74,455840.92,450746.97,467795.24,460471.77,454539.22,459692.25,461212.12,472997.63
- 443536.40,445071.62,452612.42,443414.72,450181.01,445594.88,460406.24,452526.09,447700.55,451997.57,454124.06,465781.94
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 98.4,98.2,98.5,98.6,98.8,98.9,98.6,98.2,98.5,98.4,98.5,98.5
Information is deemed to be reliable, but is not guaranteed. © 2024