Grandview Surrey, Surrey Market Report – August 2021

Grandview Surrey is a rapidly developing master-planned urban district in the south end of Surrey, BC, centred around the Grandview Corners and Morgan Crossing shopping and lifestyle destinations. The neighbourhood has seen significant growth in high-rise and mid-rise condo towers, townhomes, and mixed-use developments, attracting young professionals, downsizers, and investors seeking modern new construction. Grandview Surrey is designed with walkability in mind, featuring wide boulevards, retail at grade, and proximity to restaurants, gyms, grocery stores, and professional services. Highway 99 provides quick access to downtown Vancouver, the Massey Tunnel, and the US border. Future transit improvements and the growing employment base in South Surrey make Grandview a compelling option for buyers who want urban amenities with a suburban scale and price point relative to Vancouver proper.

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70
Units Sold
$982,354
Avg Sold Price
23d
Avg Days on Market
Balanced Market
Market Condition
490 active at start of month 65 new listings Absorption rate: 14.3% Highest sold: $4,050,000 Lowest sold: $423,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 70 $982,354 23d
July 2021 month prior 60 +16.7% $1,067,804 -8% 17d +35.3%
August 2020 year ago 62 +12.9% $873,616 +12.4%

3-Year Price Trend — Grandview Surrey, Surrey

The Grandview Surrey, Surrey real estate market was a Balanced Market in August 2021, with 490 active listings at the start of the month, 70 properties sold, an average sold price of $982,354, properties averaging 23 days on market, an absorption rate of 14.3%. 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 Grandview Surrey, Surrey specialist
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Frequently Asked Questions — Grandview Surrey, Surrey August 2021

In August 2021, the Grandview Surrey, Surrey real estate market is classified as a Balanced Market with an absorption rate of 14.3%. The market in Grandview Surrey, Surrey is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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