Amy Gerrish, Realtor & Data Scientist.

Surprise, AZ 85378

Single-Family Homes

Realty Executives



Surprise, AZ 85378

Mon Oct 19 2020
This week the median list price for Surprise, AZ 85378 is $259,000 with the market action index hovering around 80. This is an increase over last month's market action index of 79. Inventory has held steady at or around 8. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Surprise, AZ 85378

Mon Oct 19 2020
This week the median list price for Surprise, AZ 85378 is $259,000 with the market action index hovering around 80. This is an increase over last month's market action index of 79. Inventory has held steady at or around 8. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $259,000
Per Square Foot $192
Days on Market 30
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent $1,765
Most Expensive $289,900
Least Expensive $199,000
Market Action 80
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
$282,450 1,473 0 - 4,500 sqft 2 2 21 1 0 35
$267,500 1,333 0 - 4,500 sqft 3 2 19 1 0 24
$257,000 1,259 6,500 - 8,000 sqft 3 2 43 1 2 17
$202,000 1,122 0.5 - 1 acre 3 2 97 1 0 42