Surrey House Market Report – November 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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122
Units Sold
$1,615,403
Avg Sold Price
35d
Avg Days on Market
Buyer's Market
Market Condition
11,981 active at start of month 315 new listings Absorption rate: 1% Highest sold: $7,000,000 Lowest sold: $548,888

How Does November 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2023 (this report) 122 $1,615,403 35d
October 2023 month prior 142 -14.1% $1,701,174 -5% 32d +9.4%
November 2022 year ago 131 -6.9% $1,510,569 +6.9%

3-Year Price Trend — Surrey House

The Surrey house real estate market was a Buyer's Market in November 2023, with 11,981 active listings at the start of the month, 122 properties sold, an average sold price of $1,615,403, properties averaging 35 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 November 2023

In November 2023, 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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