Surrey House Market Report – August 2024

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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152
Units Sold
$1,793,156
Avg Sold Price
37d
Avg Days on Market
Buyer's Market
Market Condition
15,115 active at start of month 476 new listings Absorption rate: 1% Highest sold: $18,000,000 Lowest sold: $380,000

How Does August 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2024 (this report) 152 $1,793,156 37d
July 2024 month prior 180 -15.6% $1,784,144 +0.5% 32d +15.6%
August 2023 year ago 167 -9% $1,758,485 +2%

3-Year Price Trend — Surrey House

The Surrey house real estate market was a Buyer's Market in August 2024, with 15,115 active listings at the start of the month, 152 properties sold, an average sold price of $1,793,156, properties averaging 37 days on market, an absorption rate of 1%. 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 August 2024

In August 2024, the Surrey house real estate market is classified as a Buyer's Market with an absorption rate of 1%. 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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