First Integrity Title Market Report

Surprise, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Surprise, AZ

Thu Mar 30 2023
This week the median list price for Surprise, AZ is $269,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 24. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Surprise, AZ

Thu Mar 30 2023
This week the median list price for Surprise, AZ is $269,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 24. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $269,000
Median Price of New Listings $299,000
Per Square Foot $289
Average Days on Market 79
Median Days on Market 77
Price Decreased 42%
Price Increased 8%
Relisted 8%
Inventory 24
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$397,494 1,460 0 - 4,500 sqft 2 2 0 1 0 101
$292,450 1,144 0 - 4,500 sqft 2 2 21 1 2 28
$253,950 843 - 1 1 25 1 1 101
$222,450 820 - 1 1 30 0 0 59