Real Estate Market Update for 85379 (Surprise, AZ)
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 29% from one year earlier, and down 14% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 23%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold decreased 26% year-over-year, and increased 17% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 85379 (Surprise, AZ)
Area Information for 85379 (Surprise, AZ)
  • Population: 40,545
  • Median Age: 29.48 yr
  • Median Commute Time: 26.04 mins
  • Educational Climate*: 4
  • Sales Tax: 6.3%
  • Population Density: 3,769/sq mi
  • Population Change Since 2000: 4236.36%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Thunderbird School Of Global Management
  • Closest Jr. College: Estrella Mountain Community College
  • Median Household Income: $75,580
  • Annual Residential Turnover: 32.66%
  • Median Years in Residence: 1.77 yr
  • Median Home Sales Price: $144,500
  • Closest Major Sports Team: Phoenix Coyotes
  • Change Avg. Household Income Since 2000: 57%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 85379 (Surprise, AZ)
Median Age: 29.48 Married: 36% Number of Households: 12,647 Households with Children: 6,705
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85379 (Surprise, AZ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Countryside Elementary School 0.0 mi Public K-8 2-5 3
      Calibre Academy Of Surprise 0.6 mi Public PRESCHOOL-8 3-5 4
      Ashton Ranch Elementary School 0.6 mi Public K-8 3-5 3
      Marley Park Elementary School 1.2 mi Public K-8 4-5 3
      Imagine Charter Elementary School At Rosefield 2.0 mi Public PRESCHOOL-6 3 4
      Imagine Middle At Surprise 2.0 mi Public 7-8 2-5 2
      Rancho Gabriela 2.0 mi Public K-8 4 4
      Sonoran Heights Elementary School 2.2 mi Public K-8 4-5 5
      Imagine Preparatory High School At Surprise 15.8 mi Public 9-12 3 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 85379 (Surprise, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.