Clear Title Agency of Arizona

Surprise, AZ 85387

Single-Family Homes

Where Quality Finds a Home |cleartitleaz.com | 480.278.8484



Surprise, AZ 85387

Fri Jul 01 2022
This week the median list price for Surprise, AZ 85387 is $573,000 with the market action index hovering around 64. This is less than last month's market action index of 75. Inventory has increased to 66. Click here to stay informed with the Surprise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Surprise, AZ 85387

Fri Jul 01 2022
This week the median list price for Surprise, AZ 85387 is $573,000 with the market action index hovering around 64. This is less than last month's market action index of 75. Inventory has increased to 66. Click here to stay informed with the Surprise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $573,000
Median Price of New Listings $499,990
Per Square Foot $272
Average Days on Market 33
Median Days on Market 21
Price Decreased 55%
Price Increased 5%
Relisted 2%
Inventory 66
Median Rent
Market Action 64
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$799,000 2,744 1 - 2.5 acres 4 2.5 15 1 1 21
$599,700 2,401 8,000 - 10,000 sqft 3 2.5 4 1 1 21
$549,000 2,024 8,000 - 10,000 sqft 3 2 4 2 3 14
$455,000 1,666 6,500 - 8,000 sqft 3 2 16 5 6 28