Condos/Townhomes
Fri May 08 2026
This week the median list price for Surprise, AZ is $279,500 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 75.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.
| Median List Price | $279,500 | |
| Median Price of New Listings | $650,000 | |
| Per Square Foot | $248 | |
| Average Days on Market | 124 | |
| Median Days on Market | 63 | |
| Price Decreased | 44% | |
| Price Increased | 4% | |
| Relisted | 3% | |
| Inventory | 75 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $538,000 | 1,805 | 0 - 4,500 sqft | 2 | 2 | 2 | 2 | 0 | 56 |
| $365,000 | 1,460 | 0 - 4,500 sqft | 2 | 2 | 3 | 0 | 3 | 63 |
| $247,500 | 1,021 | 0 - 4,500 sqft | 2 | 2 | 20 | 1 | 0 | 77 |
| $185,000 | 832 | 0 - 4,500 sqft | 1 | 1 | 39 | 0 | 2 | 56 |