Grandview Surrey, Surrey Townhouse Market Report – July 2024

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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21
Units Sold
$1,020,443
Avg Sold Price
24d
Avg Days on Market
Buyer's Market
Market Condition
843 active at start of month 53 new listings Absorption rate: 2.5% Highest sold: $1,320,000 Lowest sold: $750,000

How Does July 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2024 (this report) 21 $1,020,443 24d
June 2024 month prior 17 +23.5% $959,118 +6.4% 28d -14.3%
July 2023 year ago 36 -41.7% $999,486 +2.1%

3-Year Price Trend — Grandview Surrey, Surrey Townhouse

The Grandview Surrey, Surrey townhouse real estate market was a Buyer's Market in July 2024, with 843 active listings at the start of the month, 21 properties sold, an average sold price of $1,020,443, properties averaging 24 days on market, an absorption rate of 2.5%. 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 July 2024

In July 2024, the Grandview Surrey, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 2.5%. 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.

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