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)
  • 264999.50,266000.00,268995.00,271995.00,274997.50,274900.00,274250.00,276500.00,279621.00,279900.00,285000.00,281708.00
  • 259000.00,250000.00,250000.00,251300.00,249995.00,250000.00,259900.00,259000.00,259250.00,280000.00,265000.00,269000.00
  • 239271.50,250000.00,241900.00,244990.00,250000.00,249000.00,250000.00,249950.00,249900.00,250000.00,263500.00,267500.00

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.
  • 2.03,1.97,2.02,2.12,2.05,1.89,1.91,1.91,1.96,2.08,2.19,2.23

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


Surprise Inventory:

(12 Month History)
  • 666,651,670,695,670,630,628,631,642,677,721,735
  • 407,375,469,473,390,352,370,375,374,433,332,247
  • 262,287,392,364,432,370,337,323,281,296,301,263

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.
  • 65.8,76.0,61.3,53.9,58.4,50.8,54.3,51.2,57.6,57.0,66.7,66.2

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


Surprise Volume:

(12 Month History)
  • 189816750,186636954,192801069,200115755,195390133,181978993,183097937,182670844,192732590,203850801,215308463,223136970
  • 108391810,98097859,124282420,128738920,102923681,93319058,102773018,103373083,103904413,125047383,94267595,75656967
  • 65882068,76067849,98785554,93870830,114578334,96427884,90459992,86492482,75086702,78546667,82918831,73594701

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 251458.27,265044.77,252003.96,257886.90,265227.63,260615.90,268427.28,267778.58,267212.46,265360.36,275477.84,279827.76
  • 247296.28,260985.59,248248.76,254405.85,261962.39,257277.36,265320.78,263815.88,263626.69,262480.18,270316.08,275870.88

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.
  • 98.3,98.4,98.5,98.6,98.8,98.7,98.9,98.6,98.7,98.9,98.1,98.6

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