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.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| February 2023 (this report) | 14 | $1,922,392 | 53d |
| January 2023 month prior | 9 +55.6% | $1,524,889 +26.1% | 47d +12.8% |
| February 2022 year ago | 35 -60% | $2,006,101 -4.2% | — |
In February 2023, the Fraser Heights, Surrey real estate market is classified as a Buyer's Market with an absorption rate of 2.7%. 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.