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)
  • 268990.00,271995.00,274995.00,274900.00,274000.00,276249.50,279000.00,279800.00,284000.00,279900.00,284900.00,279900.00
  • 250000.00,251300.00,249995.00,250000.00,259900.00,259000.00,259250.00,279900.00,264900.00,268000.00,262400.00,259900.00
  • 241900.00,244990.00,250000.00,249000.00,250000.00,249950.00,249900.00,250000.00,263500.00,267500.00,259000.00,259994.00

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.
  • 2.02,2.12,2.04,1.89,1.9,1.91,1.96,2.08,2.19,2.21,2.23,2.43

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


Surprise Inventory:

(12 Month History)
  • 669,695,669,629,627,630,641,677,721,727,727,788
  • 469,473,390,352,370,375,374,433,332,247,436,409
  • 392,364,432,370,337,323,281,296,301,263,244,294

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.
  • 61.3,53.9,58.4,50.8,54.3,51.2,57.6,57.0,66.7,66.2,63.5,70.0

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


Surprise Volume:

(12 Month History)
  • 192519569,200163255,195085032,181684175,182768519,182298226,192237920,203434542,214441042,218757432,226262224,242271346
  • 124253420,128734920,102909363,93319058,102725590,103273732,103719461,124684079,93784203,75023743,123451239,113931915
  • 98785554,93870830,114578334,96427884,90459992,86492482,75086702,78546667,82918831,73594701,66447699,82227009

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 252003.96,257886.90,265227.63,260615.90,268427.28,267778.58,267212.46,265360.36,275477.84,279827.76,272326.64,279683.70
  • 248248.76,254405.85,261962.39,257277.36,265320.78,263815.88,263616.37,262480.18,270297.81,275832.86,268242.08,275097.59

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

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