Clear Title Agency of Arizona

Surprise, AZ 85388

Single-Family Homes

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Surprise, AZ 85388

Fri Jul 01 2022
This week the median list price for Surprise, AZ 85388 is $524,900 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 63. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Surprise, AZ 85388

Fri Jul 01 2022
This week the median list price for Surprise, AZ 85388 is $524,900 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 63. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $524,900
Median Price of New Listings $485,000
Per Square Foot $236
Average Days on Market 44
Median Days on Market 28
Price Decreased 41%
Price Increased 8%
Relisted 2%
Inventory 63
Median Rent
Market Action 75
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
$700,000 2,604 8,000 - 10,000 sqft 4 3 2 2 3 42
$552,500 2,578 6,500 - 8,000 sqft 4 2.5 18 5 3 28
$499,950 2,026 6,500 - 8,000 sqft 3 2 17 5 4 14
$452,000 1,793 4,500 - 6,500 sqft 3 2.5 17 7 2 24