Fraser Heights, Surrey Market Report – February 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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39
Units Sold
$1,613,492
Avg Sold Price
13d
Avg Days on Market
Strong Seller's Market
Market Condition
144 active at start of month 51 new listings Absorption rate: 27.1% Highest sold: $3,990,000 Lowest sold: $440,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 39 $1,613,492 13d
January 2021 month prior 28 +39.3% $1,406,725 +14.7% 40d -67.5%

3-Year Price Trend — Fraser Heights, Surrey

The Fraser Heights, Surrey real estate market was a Strong Seller's Market in February 2021, with 144 active listings at the start of the month, 39 properties sold, an average sold price of $1,613,492, properties averaging 13 days on market, an absorption rate of 27.1%. 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 Fraser Heights, Surrey specialist
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Frequently Asked Questions — Fraser Heights, Surrey February 2021

In February 2021, the Fraser Heights, Surrey real estate market is classified as a Strong Seller's Market with an absorption rate of 27.1%. It is currently a strong seller's market in Fraser Heights, Surrey, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   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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