Bear Creek Green Timbers, Surrey House Market Report – November 2022

Bear Creek Green Timbers is a well-established, centrally located neighbourhood in Surrey, BC, best known for the sprawling Bear Creek Park — one of the region's premier recreational green spaces offering sports fields, picnic areas, a waterpark, and extensive walking trails. The neighbourhood's real estate mix includes a healthy blend of detached single-family homes, townhouses, and low-rise apartment condos, making it accessible to a wide range of buyers. 88th Avenue and King George Boulevard provide efficient transit and road connections to Newton, Whalley, and beyond. A strong community infrastructure of schools, neighbourhood centres, and parks makes Bear Creek Green Timbers particularly popular with young families. The area's relative affordability compared to other Surrey communities and central location within the city make it a consistently attractive option for first-time buyers looking to enter the Surrey real estate market.

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10
Units Sold
$1,474,480
Avg Sold Price
16d
Avg Days on Market
Buyer's Market
Market Condition
352 active at start of month 18 new listings Absorption rate: 2.8% Highest sold: $2,325,000 Lowest sold: $1,035,000

How Does November 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2022 (this report) 10 $1,474,480 16d
October 2022 month prior 4 +150% $1,510,875 -2.4% 28d -42.9%
November 2021 year ago 18 -44.4% $1,744,677 -15.5%

3-Year Price Trend — Bear Creek Green Timbers, Surrey House

The Bear Creek Green Timbers, Surrey house real estate market was a Buyer's Market in November 2022, with 352 active listings at the start of the month, 10 properties sold, an average sold price of $1,474,480, properties averaging 16 days on market, an absorption rate of 2.8%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Bear Creek Green Timbers, Surrey specialist
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Frequently Asked Questions — Bear Creek Green Timbers, Surrey November 2022

In November 2022, the Bear Creek Green Timbers, Surrey house real estate market is classified as a Buyer's Market with an absorption rate of 2.8%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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