Surprise Real Estate
by Justin Lombard
Booming Suburb in the NW Valley
The history of Surprise goes back to 1938 when rancher Flora Mae Statler founded it. Legend has it that she selected the name after her daughter said she’d be “surprised if the town ever amounted to much.” Her daughter would indeed be surprised to know that today Surprise has a population of more than 115,000 people, making it the 10th largest city in Arizona. A growth forecast estimates Surprise’s population will reach 300,000 by 2020.
A Growing City
The city has experienced such rapid growth that its transportation infrastructure and shopping, dining, and recreational amenities had to play ‘catch up.’ Today, however, Surprise has been connected to metro Phoenix by several roads and highways, including the Loop 303, which currently stretches from Interstate 10 in the West Valley through Surprise and up to Interstate 17 in North Phoenix.
Major retailers and local businesses alike service the Surprise community. In 2007 the city struck a major deal to allow Westcor to build the largest regional shopping center in Arizona, called Prasada. Early phases of the mall have already opened and once completed, the development is expected to create 20,000 jobs for local residents and inject millions of dollars into the local economy.
Spring Training Paradise
If baseball excites you, then you might think of Surprise as heaven! Surprise Stadium is the Spring Training home to the Kansas City Royals and the Texas Rangers. Surprise is also just 20 minutes from the Spring Training homes of the Seattle Mariners and San Diego Padres (in Peoria) and the Los Angeles Dodgers and Chicago White Sox (Glendale). Gorgeous springtime weather, cheap tickets, tasty dining, and intimate stadiums attract thousands of spectators to Spring Training games each year.
Surprise Real Estate
Surprise is home to several age restricted (retirement) communities, including Sun City Grand, Arizona Traditions, Sun Village, and Happy Trails. However, most of Surprise real estate consists of single family homes without age restrictions.
Most of the homes in Surprise were built after 1998. During the real estate boom of the mid-2000’s, investor activity drove a lot of Surprise real estate sales. When the market crashed, many investors gave up their properties and prices plummeted. While there are still some excellent values in Surprise, much of the housing inventory has been absorbed and the market there has become very competitive.
If have questions about Surprise real estate, contact Justin at 602-509-7809 for assistance or feel free to search on your own by clicking the button below.
(Courtesy of the city of Surprise and the Surprise Chamber of Commerce)