Wednesday, October 2, 2013

Surprise, AZ. Real Estate Market Update 10/2/2013

Surprise new 150x150


Active Listings


There are currently 805 homes for sale in Surprise, AZ.  Of those, 254 are 2 bedroom homes, 235 are 3 bedroom homes, 201 are 4 bedroom homes and 65 have 5 or more bedrooms.  –Active listings are up from last month


The average list price of the 2 bedroom homes is:  $224,366


The average list price of the 3 bedroom homes is: $226,364


The Average list price for the 4 bedroom homes is:  $225,241


The average list price of the 5 bedroom+ homes is: $275,592


Average DOM –96 — This is down slightly from last month.


 


Pending Listings


There are currently 288  homes pending in Surprise AZ. –Down slightly from September


The average original list price for these homes is: $201,097


The average current list price for these homes is: $191,164


Average DOM –57


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


 


 Sold Listings


In the past 30 days 245  homes have sold in Surprise AZ. for an average selling price of  $191,212 — Down slightly from September


The average sold price of 2 bedroom homes was: $223,153 –Up from last month


The average sold price of 3 bedroom homes was: $168,258 –Down from last month


The average sold price of 4 bedroom homes was: $201,712 — Down from last month


The average sold price of 5 bedroom homes was: $ 234,345 –Up from last month


Average DOM –73  Up from last month.


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





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Surprise, AZ. Real Estate Market Update 10/2/2013

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