Fraser Heights, Surrey Condo Market Report – December 2021

Fraser Heights is one of Surrey's most desirable upscale neighbourhoods, situated in the northwest corner of the city on a plateau overlooking the Fraser River. Developed largely in the 1990s, the community is known for its spacious executive homes, winding tree-lined streets, and strong sense of neighbourhood pride. Real estate in Fraser Heights consists primarily of detached single-family homes ranging from well-maintained older builds to contemporary custom residences. Fraser Heights Secondary School and several sought-after elementary schools make the area a magnet for families prioritizing education. The neighbourhood provides easy access to Highway 1, the Port Mann Bridge, and the Pattullo Bridge, making commutes to Burnaby, Vancouver, and Coquitlam manageable. With its quiet residential character, generous lot sizes, and proximity to parks and recreational amenities, Fraser Heights consistently ranks among Surrey's top choices for families seeking space, quality, and community.

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3
Units Sold
$555,967
Avg Sold Price
5d
Avg Days on Market
Buyer's Market
Market Condition
29 active at start of month 4 new listings Absorption rate: 10.3% Highest sold: $566,000 Lowest sold: $549,900

How Does December 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
December 2021 (this report) 3 $555,967 5d
November 2021 month prior 3 +0% $592,300 -6.1% 33d -84.8%

3-Year Price Trend — Fraser Heights, Surrey Condo

The Fraser Heights, Surrey condo real estate market was a Buyer's Market in December 2021, with 29 active listings at the start of the month, 3 properties sold, an average sold price of $555,967, properties averaging 5 days on market, an absorption rate of 10.3%. 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 Fraser Heights, Surrey specialist
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Frequently Asked Questions — Fraser Heights, Surrey December 2021

In December 2021, the Fraser Heights, Surrey condo real estate market is classified as a Buyer's Market with an absorption rate of 10.3%. 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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