Surrey Condo Market Report – May 2021

Q: How many homes sold in Surrey in May 2021?

365 condo properties sold in Surrey during May 2021 based on MLS® records. There were 2,034 active listings at the start of the month. A total of 465 new listings came to market during the month.

Q: What is the average home price in Surrey?

The average condo sold price in Surrey in May 2021 was $463,016. Sold prices ranged from $209,200 to $829,900. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Surrey?

In May 2021, condo properties in Surrey averaged 16 days on the market before selling. With an absorption rate of 17.9%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Surrey market changed compared to last year?

The average condo sold price in Surrey in May 2021 was $463,016, up 16.1% year-over-year compared to May 2020 ($398,772). Sales volume was up 676.6% compared to the same month last year. Data is sourced from MLS® sold records.

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.

← April 2021 Next month →

365

Units Sold

$463,016

Avg Sold Price

16d

Avg Days on Market

Balanced Market

Market Condition

2,034 active at start of month 465 new listings Absorption rate: 17.9% Highest sold: $829,900 Lowest sold: $209,200

How Does May 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2021 (this report)	365	$463,016	16d
April 2021 month prior	336 +8.6%	$470,308 -1.6%	19d -15.8%
May 2020 year ago	47 +676.6%	$398,772 +16.1%	—

3-Year Price Trend — Surrey Condo

The Surrey condo real estate market was a Balanced Market in May 2021, with 2,034 active listings at the start of the month, 365 properties sold, an average sold price of $463,016, properties averaging 16 days on market, an absorption rate of 17.9%. All data is sourced from MLS® sold records.

Recently Sold in Surrey

19530 65 Avenue

Sold $542,000

2 bd • 2 ba • Apartment

15155 36 Avenue

Sold $1,425,000

5 bd • 5 ba • Apartment

16396 64 Avenue

Sold $412,000

1 bd • 1 ba • Apartment

13838 108 Avenue

Sold $395,000

1 bd • 1 ba • Apartment

9668 148 Street

Sold $405,000

1 bd • 1 ba • Apartment

12155 75a Avenue

Sold $555,000

2 bd • 2 ba • Apartment

Active Listings in Surrey

1720 Southmere Crescent

$429,000

2 bd • 1 ba • Apartment

16068 83 Avenue

$474,888

2 bd • 2 ba • Apartment

14355 103 Avenue

$459,000

2 bd • 2 ba • Apartment

13768 100 Avenue

$439,000

1 bd • 1 ba • Apartment

13339 102a Avenue

$610,000

2 bd • 2 ba • Apartment

14605 Mcdougall Drive

$599,999

2 bd • 2 ba • Apartment

Top Buildings in Surrey

Passages

1,126 units

Thind Towers

1,026 units

Infinity 2

900 units

University District

753 units

King George Hub - Tower 3

738 units

King George Hub One

738 units

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Surrey specialist

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Related: Surrey Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Surrey May 2021

Is it a good time to buy in Surrey? −

In May 2021, the Surrey condo real estate market is classified as a Balanced Market with an absorption rate of 17.9%. The market in Surrey is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Surrey in May 2021? +

What is the average home price in Surrey? +

How long are homes sitting on the market in Surrey? +

How has the Surrey market changed compared to last year? +

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.