Surrey House Market Report – February 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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196
Units Sold
$1,650,240
Avg Sold Price
36d
Avg Days on Market
Buyer's Market
Market Condition
9,068 active at start of month 351 new listings Absorption rate: 2.2% Highest sold: $5,200,000 Lowest sold: $440,000

How Does February 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2023 (this report) 196 $1,650,240 36d
January 2023 month prior 116 +69% $1,605,779 +2.8% 42d -14.3%
February 2022 year ago 425 -53.9% $2,097,324 -21.3%

3-Year Price Trend — Surrey House

The Surrey house real estate market was a Buyer's Market in February 2023, with 9,068 active listings at the start of the month, 196 properties sold, an average sold price of $1,650,240, properties averaging 36 days on market, an absorption rate of 2.2%. 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 House Market

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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