Note: These charts represent the last 12-months of activity on residential real estate in Surprise.
Surprise Home Prices:
(12 Month History)
- 458945.00,459997.50,459900.00,459900.00,460000.00,460535.00,465000.00,459790.00,459999.50,459000.00,454445.00,450000.00
- 433785.00,445492.50,440900.00,434900.00,440861.00,450000.00,449000.00,429000.00,430965.00,439945.00,450000.00,449000.00
- 423817.00,426301.50,433887.50,449000.00,427000.00,439647.50,439945.00,429995.00,444995.00,430000.00,440617.50,445000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 3.26,3.28,3.37,3.36,3.49,3.34,3.33,3.44,3.51,3.55,4.14,4.3
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Inventory:
(12 Month History)
- 924,946,983,991,1032,997,986,1003,1012,1021,1188,1250
- 265,490,437,427,419,429,359,391,402,474,509,375
- 282,232,300,334,340,360,306,272,270,283,290,277
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 65.8,75.7,72.2,73.4,82.3,75.6,77.7,72.1,80.4,68.5,79.2,69.4
Information is deemed to be reliable, but is not guaranteed. © 2024
Surprise Volume:
(12 Month History)
- 450857883,469207612,485317482,486439792,510740166,487968870,484245475,486834059,489453259,493738749,572361200,598801368
- 121382874,235920801,204442740,201273512,200624728,202720073,170094952,177439254,184604425,221412461,240696481,177335796
- 128180060,106648602,138345080,157950260,158891152,169865119,143171604,123615835,127935377,128943942,134431908,127203749
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 454539.22,459692.25,461150.27,472904.97,467326.92,471847.55,467881.06,454469.98,473834.73,455632.30,463558.30,459219.31
- 447700.55,451997.57,454150.21,465601.14,461852.32,465410.20,463403.46,449524.81,467438.06,450901.05,457265.59,454576.43
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 98.5,98.4,98.5,98.5,98.9,98.7,99.1,98.9,98.6,99.1,98.7,98.8
Information is deemed to be reliable, but is not guaranteed. © 2024