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)
  • 275000.00,279994.50,285000.00,289744.00,295000.00,300990.00,297800.00,303000.00,302505.00,306995.00,309548.50,309000.00
  • 259900.00,270000.00,272900.00,266000.00,278500.00,275000.00,268750.00,285000.00,285000.00,279999.50,275000.00,290500.00
  • 259994.00,260000.00,263900.00,265000.00,267250.00,265000.00,275000.00,265000.00,271750.00,274000.00,278950.00,278000.00

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 2.42,2.26,2.17,1.95,1.83,1.67,1.55,1.61,1.58,1.7,1.67,1.47

Information is deemed to be reliable, but is not guaranteed. © 2020


Surprise Inventory:

(12 Month History)
  • 784,734,699,635,601,555,520,547,547,594,588,523
  • 410,451,479,431,364,357,428,385,438,318,239,460
  • 294,366,407,465,404,381,379,353,338,321,303,287

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 70.0,67.4,65.7,56.4,58.7,54.6,56.4,46.1,48.8,46.6,47.0,64.4

Information is deemed to be reliable, but is not guaranteed. © 2020


Surprise Volume:

(12 Month History)
  • 238786558,227032776,220789950,201821091,189620627,178055620,166809769,179725111,180344208,198157863,197561622,176084749
  • 113399572,132108803,136609147,120737893,106230891,104323285,119612153,118107919,129738885,96260197,70130688,141590082
  • 82227009,101813845,115518080,130352549,114082893,107910482,108362544,98725822,96731653,92109932,89597092,84294583

Information is deemed to be reliable, but is not guaranteed. © 2020


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 279683.70,278179.90,283828.21,280328.06,282383.40,283229.61,285917.00,279676.55,286188.32,286946.83,295699.97,293709.35
  • 275112.72,273758.42,279562.96,277192.37,278707.62,280176.64,282321.41,276013.57,282533.53,284173.22,292639.17,288933.20

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 98.4,98.5,98.4,98.9,98.8,98.9,98.9,98.8,98.8,99.0,99.0,98.3

Information is deemed to be reliable, but is not guaranteed. © 2020