Tuesday, September 10, 2013

Surprise, AZ. Real Estate Market Update 9/10/2013

Active Listings


There are currently 708 homes for sale in Surprise, AZ.  Of those, 216 are 2 bedroom homes, 214 are 3 bedroom homes, 185 are 4 bedroom homes and 47 have 5 or more bedrooms.


The average list price of the 2 bedroom homes is:  $219,372  –Down from last month


The average list price of the 3 bedroom homes is: $216,321 –Up from last month


The Average list price for the 4 bedroom homes is:  $224,352 –Down from last month


The average list price of the 5 bedroom+ homes is: $282,008 –Down from last month


Average DOM –102


 


Pending Listings


There are currently 293  homes pending in Surprise AZ. –Down slightly from August


The average original list price for these homes is: $184,010 –Down from August


The average current list price for these homes is: $180,979 –Down from August


Average DOM –56


Remember, these homes are pending and have yet to actually close.


 


 Sold Listings


In the past 30 days 255  homes have sold in Surprise AZ. for an average selling price of  $194,293 –Number of sold homes is down, price is up from August


The average sold price of 2 bedroom homes was: $201,742 –Up from August


The average sold price of 3 bedroom homes was: $174,629 –Up from August


The average sold price of 4 bedroom homes was: $215,090 –Up from August


The average sold price of 5 bedroom homes was: $ 222,622 –Down from August


Average DOM –54


Even though sold home prices went up be very careful of overpricing as prices only rose slightly.  The number of pending homes is down and active prices are dropping.  Active prices only drop when homes are not selling.


 


Need to sell?  Shayne Can be reached at: TheKilberGroup@gmail.com or 623-853-6644





Find out the Value of Your Home


Please Fill in the information below.