Fraser Heights, Surrey House Market Report – August 2020

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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43
Units Sold
$1,313,637
Avg Sold Price
40d
Avg Days on Market
Seller's Market
Market Condition
98 active at start of month 41 new listings Absorption rate: 43.9% Highest sold: $2,180,000 Lowest sold: $700,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 43 $1,313,637 40d
July 2020 month prior 27 +59.3% $1,291,048 +1.7% 44d -9.1%

3-Year Price Trend — Fraser Heights, Surrey House

The Fraser Heights, Surrey house real estate market was a Seller's Market in August 2020, with 98 active listings at the start of the month, 43 properties sold, an average sold price of $1,313,637, properties averaging 40 days on market, an absorption rate of 43.9%. 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 August 2020

In August 2020, the Fraser Heights, Surrey house real estate market is classified as a Seller's Market with an absorption rate of 43.9%. It is currently a seller's market in Fraser Heights, Surrey. While demand is elevated, qualified buyers can still find opportunities. 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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