Elgin Chantrell, Surrey House Market Report – August 2020

Elgin Chantrell is one of South Surrey's most exclusive residential communities, known for its large estate homes, equestrian properties, and lush, forested surroundings. Developed primarily in the 1980s and 1990s, the neighbourhood features sprawling detached homes on generous lots, many situated along quiet cul-de-sacs and backing onto Elgin Heritage Park and the Nicomekl River. The area is home to some of the finest custom-built residences in all of Surrey, attracting high-net-worth buyers seeking privacy, prestige, and proximity to nature. Elgin Park Secondary School and Chantrell Creek Elementary serve the neighbourhood's strong family demographic. Highway 99 and 16th Avenue provide efficient connections to the US border, White Rock, and the broader South Surrey commercial district. Elgin Chantrell represents the pinnacle of the South Surrey lifestyle, combining estate-scale living with natural beauty and strong community values.

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9
Units Sold
$2,081,611
Avg Sold Price
45d
Avg Days on Market
Buyer's Market
Market Condition
106 active at start of month 23 new listings Absorption rate: 8.5% Highest sold: $3,250,000 Lowest sold: $1,150,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 9 $2,081,611 45d
July 2020 month prior 9 +0% $2,063,349 +0.9% 46d -2.2%

3-Year Price Trend — Elgin Chantrell, Surrey House

The Elgin Chantrell, Surrey house real estate market was a Buyer's Market in August 2020, with 106 active listings at the start of the month, 9 properties sold, an average sold price of $2,081,611, properties averaging 45 days on market, an absorption rate of 8.5%. 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 Elgin Chantrell, Surrey specialist
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Frequently Asked Questions — Elgin Chantrell, Surrey August 2020

In August 2020, the Elgin Chantrell, Surrey house real estate market is classified as a Buyer's Market with an absorption rate of 8.5%. 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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