Navi Title Agency

Surprise, AZ 85378

Single-Family Homes

Here is your weekly Market Update!



Surprise, AZ 85378

Sat Jul 20 2024
This week the median list price for Surprise, AZ 85378 is $424,900 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 26. 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.

Slight Seller's Advantage

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 85378

Sat Jul 20 2024
This week the median list price for Surprise, AZ 85378 is $424,900 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 26. 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.

Slight Seller's Advantage

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 $424,900
Median Price of New Listings $414,900
Per Square Foot $231
Average Days on Market 51
Median Days on Market 28
Price Decreased 50%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent
Market Action 42
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$480,000 2,545 4,500 - 6,500 sqft 4 3 13 1 0 56
$429,450 1,773 4,500 - 6,500 sqft 3 2 25 0 0 52
$415,000 1,949 4,500 - 6,500 sqft 4 3 19 1 0 28
$381,000 1,571 4,500 - 6,500 sqft 3 2 23 1 0 28