Surprise 85388 Residences Sold Show 12% Uptick

Surprise, Arizona zip code 85388 saw 616 homes sold year to date through the month of October 2015 as the average closed sales price of $209,109 showed a gain of 5.9% over the average price of $197,520 from the same reporting period in 2014. The overall volume of sold listings in 85388 had a 12.4% rise over the same reporting period last year, which saw a volume of 548 sold homes, a year-over-year net gain of 68 closed sales. At 198 residential homes sold year to date, the 200,000-249,999 price category posted one of the largest numbers of completed sales.

Listings Show 7% Downtick. Through the end of October 2015, 85388 recorded a total of 912 active houses for sale year to date. With 300 residences for sale, the 200,000-249,999 price bracket showed one of the largest numbers of listings. The overall number of active residential listings in 85388 reported a 7% drop when compared to this reporting period in 2014, which posted 981 homes for sale, a year-over-year drop of 69 residential homes. The average active list price year to date of $229,239 recorded a gain of 6.4% above the average list price of $215,387 from the same time period last year. Property listings are staying on the maket less days this year on average. When compared to this reporting period in 2014, the cumulative days on market for active for sale homes in 85388 was 58 days, a fall of 21.6%.

Sam Lawmaster is a 85388 REALTOR and listing specialist. Market data supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most current local real estate info or to obtain a free evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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