Is Desert Oasis at Surprise, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Desert Oasis at Surprise was a Seller's Market.
Housing Prices in Desert Oasis at Surprise, AZ
How much do homes in Desert Oasis at Surprise, AZ cost?
Median Sold Price
$449,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Desert Oasis at Surprise was $449,000 in April 2024, down 5.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $458.6K | $406K | -11.5% |
3 Bedrooms | $464K | $415K | -10.6% |
4 Bedrooms | $474.5K | $460.1K | -3.0% |
5+ Bedrooms | $538.8K | $535K | -0.7% |
Summary: Desert Oasis at Surprise housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Desert Oasis at Surprise, AZ
How many homes are available in Desert Oasis at Surprise, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
80 | 83 | +3.8% |
Summary: The Desert Oasis at Surprise real estate market had 83 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 47 | 46 | -2.1% |
4 Bedrooms | 23 | 27 | +17.4% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Desert Oasis at Surprise housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Desert Oasis at Surprise in April 2024, down by 17.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 43% were sold at asking, and 7% were sold over asking.
Days on Market for Desert Oasis at Surprise, AZ
How long does it take to sell a home in Desert Oasis at Surprise, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
124 Days | 86 Days | -30.5% |
Summary: Homes in Desert Oasis at Surprise had an average of 86 days on market in Apr 2024, down by 30.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Desert Oasis at Surprise; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.