Real Estate Market Update for Surprise, AZ
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Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 9% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. 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 88%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 180-thousand dollars. The number of units sold decreased 12% year-over-year, and decreased 20% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 Surprise, AZ
Area Information for Surprise, AZ
  • Population: 119,926
  • Median Age: 36.31 yr
  • Median Commute Time: 29.03 mins
  • Educational Climate*: 3
  • Sales Tax: 8.5%
  • Population Density: 1,134/sq mi
  • Population Change Since 2000: 279.2%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Midwestern University
  • Closest Jr. College: Estrella Mountain Community College
  • Median Household Income: $63,625
  • Annual Residential Turnover: 38.8%
  • Median Years in Residence: 1.59 yr
  • Median Home Sales Price: $146,560
  • Closest Major Sports Team: Phoenix Coyotes
  • Change Avg. Household Income Since 2000: 45%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Surprise, AZ
Median Age: 36.31 Married: 42% Number of Households: 44,482 Households with Children: 16,031
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 Surprise, AZ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Kingswood Elementary School 0.5 mi Public K-8 3 3
      Paradise Education Center 0.6 mi Public K-12 4-5 4
      Paradise Honors High School 0.6 mi Public 9-12 4 4
      Parkview Elementary School 0.8 mi Public K-8 2-5 2
      Dysart Ischool 1.0 mi Public 7-12 0 0
      West-mec - Valley Vista High School 1.1 mi Public 9-12 0 0
      Valley Vista High School 1.1 mi Public 9-12 4 3
      E-institute At Acoma 1.4 mi Public 9-12 3-5 5
      Calibre Academy Of Surprise 1.6 mi Public PRESCHOOL-8 3-5 4
      Countryside Elementary School 1.6 mi Public K-8 2-5 3
      West-mec - Willow Canyon High School 1.6 mi Public 9-12 0 0
      Ashton Ranch Elementary School 1.8 mi Public K-8 3-5 3
      Cimarron Springs Elementary School 2.0 mi Public K-8 3-5 3
      Canyon Ridge 2.3 mi Public K-8 4-5 4
      The Palms Christian School 2.4 mi Private K-6 0 0
      West Point Elementary School 2.5 mi Public K-8 3 3
      Word Of Life Christian School 2.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Marley Park Elementary School 2.8 mi Public K-8 4-5 3
      Western Peaks Elementary School 2.8 mi Public PRESCHOOL-8 3 3
      Arizona Charter Academy 3.0 mi Public K-12 2-5 4
      Sunset Hills Elementary School 3.1 mi Public K-8 4 4
      Willow Canyon High School 3.4 mi Public 9-12 3-5 3
      Imagine Rosefield 3.5 mi Public PRESCHOOL-6 3 4
      Imagine Middle At Surprise 3.5 mi Public 7-8 2-5 2
      Rancho Gabriela 3.6 mi Public K-8 4 4
      Sonoran Heights Elementary School 3.6 mi Public K-8 4-5 5
      Sundown Mountain Alternative Education Program 5.7 mi Public 10-12 0 0
      Shadow Ridge High School 5.7 mi Public 9-12 4 3
      Desert Oasis Elementary School 6.6 mi Public PRESCHOOL-8 2-5 4
      Imagine Preparatory High School At Surprise 16.0 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 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.