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)
  • 274995.00,274900.00,274000.00,276249.50,279000.00,279742.00,280854.00,278000.00,279900.00,276994.00,280000.00,289900.00
  • 249995.00,250000.00,259900.00,259000.00,259250.00,279900.00,264900.00,268000.00,260000.00,259900.00,272500.00,274899.50
  • 250000.00,249000.00,250000.00,249950.00,249900.00,250000.00,263500.00,267500.00,259000.00,259994.00,260000.00,264325.00

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.
  • 2.04,1.89,1.9,1.91,1.96,2.08,2.19,2.2,2.23,2.41,2.25,2.23

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


Surprise Inventory:

(12 Month History)
  • 669,629,627,630,641,677,720,725,727,782,732,718
  • 390,352,370,375,374,433,332,247,436,410,451,478
  • 432,370,337,323,281,296,301,263,244,294,366,406

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.
  • 58.4,50.8,54.3,51.2,57.6,57.0,66.7,66.2,63.5,70.0,67.4,65.3

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


Surprise Volume:

(12 Month History)
  • 195038347,181606689,182675873,182198129,192148303,203159496,213678184,217434974,225128448,238258159,226578294,227959676
  • 102879562,93321058,102703429,103298785,103695438,124455738,93635703,74918868,122968085,113507556,132509490,137000243
  • 114578334,96427884,90459992,86492482,75086702,78546667,82918831,73594701,66447699,82227009,101813845,115259130

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 265227.63,260615.90,268427.28,267778.58,267212.46,265360.36,275477.84,279827.76,272326.64,279683.70,278179.90,283889.48
  • 261962.39,257277.36,265320.78,263815.88,263616.37,262480.18,270297.81,275832.86,268242.08,275112.72,273758.18,279712.33

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

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