By Catherine Reagor| May 06th, 2019
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Phoenix-area homebuyers flocked north in 2018.

The sprawling north, stretching from Surprise past Scottsdale, includes four of the five ZIP codes with the biggest annual increase in home sales in 2018, according to The Arizona Republic’s Street Scout Home Values.

The Street Scout data comes from The Information Market, owned by the Arizona Regional Multiple Listing Service.

Only areas with at least 50 sales last year were ranked.

Here's a look at each. 

85387: Surprise 

This large north Surprise area saw home sales jump 52 percent to 896 in 2018.

The area bisected by U.S. 60 is home to part of Sun City Grand and several newer communities that aren’t age restricted.

Prices might have helped draw buyers because the 85387 area had a 2 percent drop last year. The area’s median fell to $276,928.

SEE OUR DATABASE:  Home values in metro Phoenix: See how your ZIP code fares

85040: South Phoenix

This neighborhood is hot. Home sales jumped 37 percent in the south Phoenix area that also made the list of ZIP codes with the biggest price increases in 2018

Last year, 661 homes in the affordable 85040 neighborhood changed hands, while home prices shot up 22 percent to $201,000.

The Valley’s median price is $268,000.

Homes priced below $200,000 are selling "like hot cakes" in South Phoenix as both first-time buyers and investors bid on them," said Bettina Franco, a real estate agent with HomeSmart. 

85263: Rio Verde

Rio Verde is a small area tucked between McDowell Mountain Regional Park and the Tonto Forest in the far northeast Valley

In 2018, 320 homes sold in the 85263 area, up 36 percent from 2017.

A community that includes a neighborhood for buyers 55 and older called Trilogy at Verde River opened in Rio Verde in 2018, boosting sales.

The median price for homes in this neighborhood is $516,266.

85083: Northwest Phoenix

Home sales climbed 35 percent to reach 729 during 2018 in this neighborhood, near Interstate 17 and Loop 303.

The Deems Hill Recreation Area is in the middle of the area, where the median price reached $365,000 in 2018. That’s up 7 percent from 2017.

85054: Phoenix’s Desert Ridge area

Home sales were up 29 percent during 2018 in this popular area home to newer houses, apartments, a J.W. Marriott and Desert Ridge Marketplace.

The median home price climbed 13 percent last year to reach $550,000 in the neighborhood bisected by Loop 101.

Land has sold to home builders in the Desert Ridge area for hefty prices in the past year. New home prices could easily climb again this year.

MORE ON STREET SCOUT HOME VALUES:

See home values by ZIP code on our Street Scout map

Reach the reporter at [email protected] or 602-444-8040. Follow her on Twitter @Catherinereagor.

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