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Wednesday, November 6, 2024

Surprise home prices rise in February 2018

Re 5

The median sale price of a home sold in February 2018 in Surprise rose by $31,750 while total sales decreased by 0.3%, according to BlockShopper.com.

In February 2018, there were 286 homes sold, with a median sale price of $243,750 - a 15% increase over the $212,000 median sale price for the same period of the previous year. There were 287 homes sold in Surprise in February 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 February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Litchfield Park (unincorporated) 433330.3%$269,900$258,5004.4%
Chandler (unincorporated) 5557-3.5%$265,000$266,500-0.6%
Goodyear154157-1.9%$264,229$238,19010.9%
Peoria2752596.2%$259,500$235,00010.4%
Sun City West (unincorporated)1081034.9%$244,625$204,00019.9%
Surprise286287-0.3%$243,750$212,00015%
Mesa6385976.9%$240,000$217,00010.6%
Glendale (unincorporated) 57-28.6%$232,500$189,00023%
Phoenix2,3812,1709.7%$224,900$206,5008.9%
Avondale12510519%$216,900$209,9003.3%
Buckeye18114227.5%$210,000$183,25014.6%

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