Surrey House Market Report – February 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.

← January 2024 Next month →
207
Units Sold
$1,864,497
Avg Sold Price
34d
Avg Days on Market
Buyer's Market
Market Condition
12,476 active at start of month 524 new listings Absorption rate: 1.7% Highest sold: $17,553,600 Lowest sold: $505,000

How Does February 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2024 (this report) 207 $1,864,497 34d
January 2024 month prior 169 +22.5% $1,686,789 +10.5% 43d -20.9%
February 2023 year ago 196 +5.6% $1,650,240 +13%

3-Year Price Trend — Surrey House

The Surrey house real estate market was a Buyer's Market in February 2024, with 12,476 active listings at the start of the month, 207 properties sold, an average sold price of $1,864,497, properties averaging 34 days on market, an absorption rate of 1.7%. 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
Get your home value ›

Frequently Asked Questions — Surrey February 2024

In February 2024, the Surrey house real estate market is classified as a Buyer's Market with an absorption rate of 1.7%. 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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →