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Surprise AZ Real Estate Market 2018

Posted by Todd Pooler REALTOR on Tuesday, August 21st, 2018 at 11:46am.

Home Sales in Surprise, Arizona 2018

Are you thinking about making a Real Estate move in 2018 as home values are peaking? If so, I bet you're curious about your home's current value and future trends as we move into 2019. Watch this video to learn more about the Surprise, AZ average home values and how these values have fluctuated over the past 15 years. Also, some trends to watch for in the future as we experience these home values rise.  

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Call or Email Todd at (602) 432-3557  todd@thepoolergroup.com 

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Photo of Listing #5870491

16260 W Sierra Street, Surprise, AZ - $369,900

Residential, Single Family - Detached
  • 4 Beds
  • Baths
  • 2,845 SQFT
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Head-turning Style, Extraordinary Location! This Immaculate, Professionally-designed 2-story Home Invites Comfort, And Exudes Elegance. With 4 Bedrooms, 3 And A Half Baths, Generous Living Space And Stylish Finishes. Upon Entering This Home You Ar...

Photo of Listing #5870529

20332 N Croft Court, Surprise, AZ - $374,900

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 2,389 SQFT
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Sharp Home * Sought After Hacienda Model * Oversized Cul-de-sac Lot * Gated Courtyard Entry * Stacked Stone Trim * Split Master Floor Plan * Rare 3 Bedroom * West & South Sides Of Home Were Extended To Great Larger Rooms * Maple Cabinets * Tile Ba...

Photo of Listing #5870288

18441 N Gila Springs Drive, Surprise, AZ - $249,900

Residential, Single Family - Detached
  • 2 Beds
  • 2 Baths
  • 1,495 SQFT
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This Home Is In Pristine Condition!open Light Bright Super Spacious Floor Plan.extra Lrg. Master Suite, Second Bedroom Is Very Spacious. Bonus Room Can Be Used For An Office, Hobby Room Or Even 3rd Bedroom.all Appliances Are Included And Nearly N...

Photo of Listing #5870554

13336 W Post Drive, Surprise, AZ - $249,900

Residential, Single Family - Detached
  • 4 Beds
  • 2 Baths
  • 1,935 SQFT
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Stop The Car Honey. Four Bedroom Two Bathroom House Having Newer Flooring, Fresh Exterior Paint, Newer Air Conditioner, And Well Maintained For Under $250k. Quiet Neighborhood Close To Shopping, Employment, Hospitals, And Schools. Split Floor Pl...

Photo of Listing #5870723

15946 N 173rd Avenue, Surprise, AZ - $255,000

Residential, Single Family - Detached
  • 4 Beds
  • Baths
  • 2,246 SQFT
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Incredible Two Story Home Located In The Desirable Community Of Surprise Farms With No Neighbors Behind Now For Sale! New Paint And New Carpet Throughout! This Home Offers 4 Bedrooms, 2.5 Bathrooms As Well As A Large Loft Upstairs. Open Concept Ki...

Photo of Listing #5869574

17673 N Coyote Lakes Parkway, Surprise, AZ - $250,000

Residential, Single Family - Detached
  • 2 Beds
  • 2 Baths
  • 1,794 SQFT
  • 1 DOM
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Charming 2 Bedroom - 2 Bathroom Home In The Beautiful Coyote Lakes Community. Home Has A Formal Living And Dining Room, Eat In Kitchen That Opens To Family Room. Home Features Bay Windows And Ceiling Fans And Blinds, Walk In Closets, And Roomy Bed...

Photo of Listing #5869622

15555 W Jenan Drive, Surprise, AZ - $329,900

Residential, Single Family - Detached
  • 5 Beds
  • 3 Baths
  • 2,992 SQFT
  • 1 DOM
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Please Be Patient, Pictures Are To Be Taken On Monday 1/21.the Savannah Plan Offers Comfort And Convenience In Every Room. Entertain In The Formal Living Room And Enjoy Outdoor Living On The Front Porch And Covered Backyard Patio. The Kitchen Feat...

Photo of Listing #5869657

15165 W Boca Raton Road, Surprise, AZ - $340,000

Residential, Single Family - Detached
  • 4 Beds
  • 2 Baths
  • 2,806 SQFT
  • 1 DOM
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Gorgeous Home Ready For You To Move In!! Home Has Beautiful Lush Green Landscaping In Front And Backyard. Dramatic Rounded Foyer, Ceramic Tile Through Out With Upgraded Wood Base Board. Home Has 4b/2b And A Den That Can Be Used As An Office. Kitch...

Photo of Listing #5869684

16172 W Crenshaw Street, Surprise, AZ - $255,000

Residential, Single Family - Detached
  • 3 Beds
  • 3 Baths
  • 1,816 SQFT
  • 1 DOM
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Don't Miss This Smart Home! Highly Desired Updated Open Floor Plan With 3 Bedrooms Plus Office And 3 Full Baths. Inside Is Warm And Inviting With A Brilliant Color Scheme. Gorgeous, Modern Kitchen With Updated White Cabinets, Stone Backsplash, ...

Photo of Listing #5869732

15504 W St. Andrews Way, Surprise, AZ - $422,500

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 2,334 SQFT
  • 1 DOM
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Stately & Perfectly Maintained Hacienda W/3 Car Garage In Prestigious ''point'' Location. Many Outstanding Features In This Home. Courtyd. Entry, Shutters Thruout. Fireplace. New Or Newer Hvac, Hotwtr. Htr., Wtr.softnr., & Alarm System. Deluxe ...

Photo of Listing #5866444

17918 W Legend Drive, Surprise, AZ - $269,900

Residential, Single Family - Detached
  • 2 Beds
  • 2 Baths
  • 1,800 SQFT
  • 1 DOM
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Your Buyers Are Going To Love This Perfectly Sized 2 Bedroom 2 Bath With Den/office. Beautiful Courtyard Setting As You Enter The Front Door. Immaculate Light Bright Interior With Many Upgrades And Extras. The Kitchen Has White Cabinets With St...

Photo of Listing #5869786

18479 W Port Royale Lane, Surprise, AZ - $399,000

Residential, Single Family - Detached
  • 4 Beds
  • 2 Baths
  • 2,922 SQFT
  • 1 DOM
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Immaculate Corner Lot Home Located In The Beautiful Community Of Sierra Montana Surprise With Spectacular Views Of The White Tank Mountains. Home Has Been Impeccably Cared For. This 4 Bedroom 2 Bath Home Offers Plenty Of Room For Everyone In The F...

Hi everybody! Realtor Todd Pooler coming at you from Surprise, Arizona. I just wanted to take a little time here to discuss some home value trends in Surprise. So we're going to talk a little bit about the past, a little bit about the future. We're going to keep an eye on the like periods of June through August, that 60 day period from 2005 through 2018. So we're going to talk a little bit about the past how we got to this point and how we're moving forward in the future. So in 2005 home values were right about $277,000. That's an average between these two months, about 618 units were sold during that time period. In 2018 we have values at $267,000. Nice healthy growth here and about 519 units have been sold in a 60 day period. We're not through August yet but I took 60 days of data for all same periods. Now how did we get to this point? This is a nice healthy value for a Surprise. We got there steadily increasing in value. We reached this point in 2006 and then we experienced a sharp decrease in home values. 2011 was about our low point and our value was about $147,000 per unit. We had about 156 units sell. And of course those are traditional home sales. We took out your short sales and what-not. So moving forward we had a sharper increase to 2015 and an even sharper one to 2018.

Now that was about a 10 percent growth per year which was a market correction, pretty much that market correction brought us back to a nice healthy home value in Surprise. Moving forward for the actual projected growth is going to be about 2 to 3 percent per year. And I got that data from real estate experts in the field and economists and reports that we're moving forward as inventory increase. Now if you try to buy a home between 2015 and 2018 you know exactly what I'm talking about, very low inventory supply and demand which actually drove those values. And, if you've driven around Surprise at all you've noticed there is about 10 homebuilders in Surprise. They are building new property and bringing that inventory back up to where we need to be. So we're not there yet. We've got a lot of inventory still to come. We want to see a healthy market, and is about 6 months or so of inventory on the market. Right now we have about 2 months of inventory on the market so we have a lot of work and a lot of room for growth which is great news for homebuyers. A lot of my clients come to me and say "Todd I've got a lot of equity. I bought my house between 2011 and 2016 and I'm looking to make a change. I'm Looking to sell my property". I would be happy to meet with you if you're thinking the same thing and you want to put a game plan together you can reach me anytime, you can reach me by phone, my phone number (602) 432-3557, or you can actually just respond back to this video.

So I'd be happy to sit down with you again. My name is Realtor Todd Pooler, and looking forward to speaking with you. Y'all have a great day! Thanks!

Surprise, AZ Real Estate market update in 2018 by Top Realtor Todd Pooler

 

Todd Pooler

Realtor & Owner

The Pooler Group

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