Surrey Condo Market Report – October 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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278
Units Sold
$495,893
Avg Sold Price
23d
Avg Days on Market
Buyer's Market
Market Condition
2,439 active at start of month 279 new listings Absorption rate: 11.4% Highest sold: $1,950,000 Lowest sold: $117,000

How Does October 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
October 2021 (this report) 278 $495,893 23d
September 2021 month prior 292 -4.8% $495,196 +0.1% 22d +4.5%
October 2020 year ago 220 +26.4% $417,065 +18.9%

3-Year Price Trend — Surrey Condo

The Surrey condo real estate market was a Buyer's Market in October 2021, with 2,439 active listings at the start of the month, 278 properties sold, an average sold price of $495,893, properties averaging 23 days on market, an absorption rate of 11.4%. 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 October 2021

In October 2021, the Surrey condo real estate market is classified as a Buyer's Market with an absorption rate of 11.4%. 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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