Surrey Condo Market Report – November 2024

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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179
Units Sold
$548,222
Avg Sold Price
36d
Avg Days on Market
Buyer's Market
Market Condition
8,619 active at start of month 381 new listings Absorption rate: 2.1% Highest sold: $2,274,285 Lowest sold: $210,000

How Does November 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2024 (this report) 179 $548,222 36d
October 2024 month prior 179 +0% $533,354 +2.8% 33d +9.1%
November 2023 year ago 145 +23.4% $542,336 +1.1%

3-Year Price Trend — Surrey Condo

The Surrey condo real estate market was a Buyer's Market in November 2024, with 8,619 active listings at the start of the month, 179 properties sold, an average sold price of $548,222, properties averaging 36 days on market, an absorption rate of 2.1%. 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 2024

In November 2024, the Surrey condo real estate market is classified as a Buyer's Market with an absorption rate of 2.1%. 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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