Surprise Arizona Homes
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Beautiful Surprise Arizona Homes are found in the North West area and are on the West side of Phoenix, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
Our Median Sales Price in August was $413,000, up 35.3% from $305,169 in August of 2020 and up 2.0% from $405,000 last month. The average sales price in August was $440,548, up 38.0% from $319,215 in August of 2020 and up 3.5% from $425,457 last month. August 2021 ASP was at highest level compared to August of 2020 and 2019.
We can currently see (213) homes available in Surprise today.
Surprise Arizona Homes ~ Newest Listings
Surprise Arizona Homes – Monthly Market Report
August property sales were 377, up from 363 in August of 2020 and 21.6% higher than the 310 sales last month. August 2021 sales were at their highest level compared to August of 2020 and 2019. August YTD sales of 2,667 are running -0.7% behind last year’s year-to-date sales of 2,686.
The total inventory of properties available for sale as of August was 351, up 26.3% from 278 last month and up 16.6% from 301 in August of last year. August 2021 Inventory was at a mid range compared to August of 2020 and 2019.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer’s market, a downward trend a move towards more of a seller’s market. The DOM for August was 16, up from 14 days last month and down from 29 days in August of last year. The August 2021 DOM was at its lowest level compared with August of 2020 and 2019.
Selling Price (per) Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the ‘mix’ of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The August 2021 selling price per square foot of $217 was up 2.8% from $211 last month and up 35.6% from $160 in August of last year.
Selling Price (vs) Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer’s market exists, a ratio at or above 100% indicates more of a seller’s market. The August 2021 selling price vs list price of 102.4% was down from 103.3% last month and up from 99.7% in August of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂