Surrey House Market Report – April 2023

Surrey is an active house market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Surrey based on MLS® data.

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304
Units Sold
$1,757,324
Avg Sold Price
29d
Avg Days on Market
Buyer's Market
Market Condition
9,410 active at start of month 542 new listings Absorption rate: 3.2% Highest sold: $6,200,000 Lowest sold: $380,000

How Does April 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2023 (this report) 304 $1,757,324 29d
March 2023 month prior 254 +19.7% $1,640,603 +7.1% 28d +3.6%
April 2022 year ago 236 +28.8% $1,909,993 -8%

3-Year Price Trend — Surrey House

The Surrey house real estate market was a Buyer's Market in April 2023, with 9,410 active listings at the start of the month, 304 properties sold, an average sold price of $1,757,324, properties averaging 29 days on market, an absorption rate of 3.2%. 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 Surrey specialist
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Frequently Asked Questions — Surrey April 2023

In April 2023, the Surrey house real estate market is classified as a Buyer's Market with an absorption rate of 3.2%. 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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