Grandview Surrey, Surrey Townhouse Market Report – August 2020

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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38
Units Sold
$703,621
Avg Sold Price
30d
Avg Days on Market
Seller's Market
Market Condition
107 active at start of month 49 new listings Absorption rate: 35.5% Highest sold: $1,040,000 Lowest sold: $434,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 38 $703,621 30d
July 2020 month prior 55 -30.9% $716,845 -1.8% 23d +30.4%

3-Year Price Trend — Grandview Surrey, Surrey Townhouse

The Grandview Surrey, Surrey townhouse real estate market was a Seller's Market in August 2020, with 107 active listings at the start of the month, 38 properties sold, an average sold price of $703,621, properties averaging 30 days on market, an absorption rate of 35.5%. 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 2020

In August 2020, the Grandview Surrey, Surrey townhouse real estate market is classified as a Seller's Market with an absorption rate of 35.5%. It is currently a seller's market in Grandview Surrey, 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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