Fraser Heights, Surrey Townhouse Market Report – February 2022

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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8
Units Sold
$1,270,481
Avg Sold Price
4d
Avg Days on Market
Balanced Market
Market Condition
48 active at start of month 10 new listings Absorption rate: 16.7% Highest sold: $1,397,000 Lowest sold: $920,000

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 8 $1,270,481 4d
January 2022 month prior 4 +100% $1,032,000 +23.1% 10d -60%
February 2021 year ago 7 +14.3% $872,757 +45.6%

3-Year Price Trend — Fraser Heights, Surrey Townhouse

The Fraser Heights, Surrey townhouse real estate market was a Balanced Market in February 2022, with 48 active listings at the start of the month, 8 properties sold, an average sold price of $1,270,481, properties averaging 4 days on market, an absorption rate of 16.7%. 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 2022

In February 2022, the Fraser Heights, Surrey townhouse real estate market is classified as a Balanced Market with an absorption rate of 16.7%. The market in Fraser Heights, Surrey is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/06/2026   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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