Surrey Condo Market Report – June 2023

Surrey is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Surrey based on MLS® data.

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217
Units Sold
$544,061
Avg Sold Price
20d
Avg Days on Market
Buyer's Market
Market Condition
4,643 active at start of month 391 new listings Absorption rate: 4.7% Highest sold: $1,100,000 Lowest sold: $289,828

How Does June 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
June 2023 (this report) 217 $544,061 20d
May 2023 month prior 273 -20.5% $557,174 -2.4% 17d +17.6%
June 2022 year ago 192 +13% $553,049 -1.6%

3-Year Price Trend — Surrey Condo

The Surrey condo real estate market was a Buyer's Market in June 2023, with 4,643 active listings at the start of the month, 217 properties sold, an average sold price of $544,061, properties averaging 20 days on market, an absorption rate of 4.7%. 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 Surrey specialist
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Frequently Asked Questions — Surrey June 2023

In June 2023, the Surrey condo real estate market is classified as a Buyer's Market with an absorption rate of 4.7%. 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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