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Saturday, November 23, 2024

Surprise home prices rise in May 2018

Re 11

The median sale price of a home sold in May 2018 in Surprise rose by $19,950 while total sales decreased by 7.9%, according to BlockShopper.com.

In May 2018, there were 360 homes sold, with a median sale price of $244,950 - a 8.9% increase over the $225,000 median sale price for the same period of the previous year. There were 391 homes sold in Surprise in May 2017.

The median sales tax in Surprise for the most recent year with available data, 2017, was $1,427, approximately 0.6% of the median home sale price for May 2018.

The following table compares Surprise to other Maricopa County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Litchfield Park (unincorporated) 5065-23.1%$276,450$258,0007.2%
Uninc-85383/Peoria North710-30%$275,000$264,425.504%
Goodyear180222-18.9%$263,950$245,0007.7%
Peoria350413-15.3%$259,950$242,5007.2%
Mesa736858-14.2%$247,000$223,00010.8%
Surprise360391-7.9%$244,950$225,0008.9%
Sun City West (unincorporated)99122-18.9%$244,000$216,75012.6%
Buckeye (unincorporated)1019-47.4%$238,500$237,0000.6%
Phoenix2,7333,242-15.7%$234,000$211,00010.9%
Avondale155174-10.9%$230,000$215,0007%
Glendale347436-20.4%$225,000$218,2503.1%

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