Surrey Condo Market Report – November 2021

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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324
Units Sold
$530,092
Avg Sold Price
22d
Avg Days on Market
Balanced Market
Market Condition
2,440 active at start of month 328 new listings Absorption rate: 13.3% Highest sold: $1,650,000 Lowest sold: $299,900

How Does November 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2021 (this report) 324 $530,092 22d
October 2021 month prior 278 +16.5% $495,893 +6.9% 23d -4.3%
November 2020 year ago 204 +58.8% $420,556 +26%

3-Year Price Trend — Surrey Condo

The Surrey condo real estate market was a Balanced Market in November 2021, with 2,440 active listings at the start of the month, 324 properties sold, an average sold price of $530,092, properties averaging 22 days on market, an absorption rate of 13.3%. 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 November 2021

In November 2021, the Surrey condo real estate market is classified as a Balanced Market with an absorption rate of 13.3%. 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.

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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