Surrey Condo Market Report – March 2025

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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191
Units Sold
$517,243
Avg Sold Price
29d
Avg Days on Market
Buyer's Market
Market Condition
9,726 active at start of month 576 new listings Absorption rate: 2% Highest sold: $859,900 Lowest sold: $259,000

How Does March 2025 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2025 (this report) 191 $517,243 29d
February 2025 month prior 129 +48.1% $587,742 -12% 33d -12.1%
March 2024 year ago 211 -9.5% $560,849 -7.8%

3-Year Price Trend — Surrey Condo

The Surrey condo real estate market was a Buyer's Market in March 2025, with 9,726 active listings at the start of the month, 191 properties sold, an average sold price of $517,243, properties averaging 29 days on market, an absorption rate of 2%. 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 March 2025

In March 2025, the Surrey condo real estate market is classified as a Buyer's Market with an absorption rate of 2%. 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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