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)

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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.

[market_stats title=”” width=”620″ height=”250″ type=”absorption” property_type=”A” location=”City=Surprise”]

Surprise Inventory:

(12 Month History)

[market_stats title=”” width=”620″ height=”250″ type=”inventory” display=”ActiveListings,NewListings,SoldListings” property_type=”A” location=”City=Surprise”]

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.

[market_stats title=”” width=”620″ height=”250″ type=”dom” display=”AverageCdom” property_type=”A” location=”City=Surprise”]

Surprise Volume:

(12 Month History)

[market_stats title=”” width=”620″ height=”250″ type=”volume” display=”ActiveListVolume,NewListVolume,SoldListVolume” property_type=”A” location=”City=Surprise”]

Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)

[market_stats title=”” width=”620″ height=”250″ type=”price” display=”SoldAverageListPrice,SoldAverageSoldPrice” property_type=”A” location=”City=Surprise”]

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.

[market_stats title=”” width=”620″ height=”250″ type=”ratio” display=”SaleToListPriceRatio” property_type=”A” location=”City=Surprise”]