Amy Gerrish, Realtor & Data Scientist.

Surprise, AZ 85374

Single-Family Homes

Realty Executives



Surprise, AZ 85374

Mon Oct 19 2020
This week the median list price for Surprise, AZ 85374 is $349,900 with the market action index hovering around 62. This is less than last month's market action index of 65. Inventory has held steady at or around 83. 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 started cooling and prices have been flat for several weeks. Since 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 85374

Mon Oct 19 2020
This week the median list price for Surprise, AZ 85374 is $349,900 with the market action index hovering around 62. This is less than last month's market action index of 65. Inventory has held steady at or around 83. 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 started cooling and prices have been flat for several weeks. Since 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 $349,900
Per Square Foot $199
Days on Market 52
Price Decreased 31%
Price Increased 6%
Relisted 2%
Inventory 83
Median Rent $2,095
Most Expensive $762,500
Least Expensive $147,900
Market Action 62
Strong Seller's Market

We continue to see prices in this zip code bounce around this 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
$580,000 2,373 0.25 - 0.5 acre 2 2 21 4 2 71
$368,000 2,019 8,000 - 10,000 sqft 2 2 21 7 4 49
$325,000 1,712 0 - 4,500 sqft 2 2 20 6 4 49
$269,900 1,358 0 - 4,500 sqft 2 2 21 7 11 39