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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 #5899624

19020 W Mescal Street, Surprise, AZ - $337,990

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 1,987 SQFT
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Popular Belice Model - Check Out This Beautiful Single Level Home With 3 Bedrooms + Flex Room, 2 Baths And A 3 Car Tandem Garage. Multi Sliding Glass Door Leading To Covered Patio. Snail Shower In Owner's Suite. Designer Upgrades Throughout The...

Photo of Listing #5899639

13826 W Tara Lane, Surprise, AZ - $255,000

Residential, Single Family - Detached
  • 4 Beds
  • 2 Baths
  • 1,935 SQFT
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Brand New Kitchen.......all New Shaker Cabinets...new Quartz Countertops, New Sink, New Subway Tile Backsplash........on Top Of All That A Beautiful New Kitchen Island.......the Rest Of The Homs Is Nicely Remodeled As Well....new Carpet, New Paint...

Photo of Listing #5899745

14755 N 149th Drive, Surprise, AZ - $199,999

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 1,199 SQFT
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This House Is Adorable! When You Walk Into The Spacious Greatroom/dining Room Combo You Will Fall In Love. Large Opening Into Kitchen Lets You Keep An Eye On Your Family And Guests. Lots Of Cabinets Including Built In Pantry, Loads Of Countersp...

Photo of Listing #5899742

14863 W Charter Oak Road, Surprise, AZ - $249,999

Residential, Single Family - Detached
  • 4 Beds
  • 2 Baths
  • 1,670 SQFT
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This Spectacular Home On A Corner Lot Screams Pride Of Ownership!! It Shows An Impeccably Lush Maintained Landscape & Highly Upgraded Interior That You Will Not Want To Miss Out On! From The Moment You Walk In, You Will See The Meticulously, Spac...

Photo of Listing #5899794

15002 W Evening Star Trail, Surprise, AZ - $259,950

Residential, Single Family - Detached
  • 2 Beds
  • 2 Baths
  • 1,710 SQFT
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This Unique Home Was Customized To Include Two Master Sized Bedrooms, And Has 2 Full Baths With Double Sinks. Great Flexible Floor Plan Featuring High Vaulted Ceilings With Built In Plant Shelves. Huge Family Room Open To Informal Dining, Kitchen...

Photo of Listing #5876587

11018 N 161st Avenue, Surprise, AZ - $324,000

Residential, Single Family - Detached
  • 4 Beds
  • Baths
  • 3,077 SQFT
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Are You Looking For A Lovely Home With A Beautiful Back Yard With Views And A Fantasic Solar Plan Of Over 10 Kw In The Desirable Greer Ranch Neighborhood?*this Home Meets All Of That And More*you Will Have Four Bedrooms, Fantastic Kitchen With Gra...

Photo of Listing #5883889

15770 W Mill Valley Lane, Surprise, AZ - $389,900

Residential, Single Family - Detached
  • 3 Beds
  • 3 Baths
  • 2,406 SQFT
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Are You Looking For A Beautiful Home In The Golf Community Of Sun City Grand?*this Freshly Updated And Upgraded Home Has It All*you Have Three Bedrooms, Three Bathrooms, And Open Family Room With Fireplace*gourmet Kitchen Has Gorgeous Granite And ...

Photo of Listing #5899022

12551 N 151st Drive, Surprise, AZ - $325,000

Residential, Single Family - Detached
  • 4 Beds
  • Baths
  • 2,728 SQFT
  • 1 DOM
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Nicely Upgraded Marley Park Home Built In 2013 W/ Great Curb Appeal * 4 Bds + Loft 2.5 Baths 2728 Sqft W/ 2 Car Garage * Kitchen Features Granite Countertops W/ Subway Tile Backsplash, Espresso Cabinets, Stainless Steel Appliances, Large Island * ...

Photo of Listing #5898975

17507 W Fetlock Trail, Surprise, AZ - $260,000

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 1,895 SQFT
  • 1 DOM
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Experience The Desert Oasis Community With Lavish Community Parks, Community Pool, Close To The 303 And Grand Ave. This Beautiful Home Is Better Then A New Build With All The Amazing Upgrades. Backyard Is An Entertainers Delight With A Built In Fi...

Photo of Listing #5898984

13552 W Acapulco Lane, Surprise, AZ - $267,500

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 1,946 SQFT
  • 1 DOM
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What A Great Floorplan! Original Owners, Beautifully Maintained. 20 Inch Ceramic Tile T/o, Newly Painted Exterior, Raised Vanity In Master, 30 Amp 110v Outlet & 5 Ft Extension On Garage. Bayed Windows In Master And 3rd Bdrm.

Photo of Listing #5899165

15629 W Marconi Avenue, Surprise, AZ - $300,000

Residential, Single Family - Detached
  • 3 Beds
  • Baths
  • 2,274 SQFT
  • 1 DOM
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Stunning Home With A Resort Style Pool/patio Area! This Home; In Decorator Colors, Has A Dramatic Entrance With Expansive Views Of The Soaring Ceiling To The Loft Overlooking The Great Room! A Large Entertainer's Kitchen With Lots Of Quart Coun...

Photo of Listing #5899183

16549 W Rowel Road, Surprise, AZ - $249,900

Residential, Single Family - Detached
  • 3 Beds
  • 2 Baths
  • 2,181 SQFT
  • 1 DOM
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Welcome To This Wonderful Property! This Very Well Cared For Spacious 3 Bedroom 2 Full Bath Home With A Separate Den Has A Very Open Layout With Large Rooms. You Will Enjoy The Low Maintenance Back Yard With Extensive Pavers Over Looking The Gre...

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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