King George Corridor, Surrey Townhouse Market Report – May 2021

King George Corridor is a major arterial neighbourhood stretching along the King George Boulevard spine in south Surrey, BC, linking Whalley in the north to White Rock in the south. The corridor is home to a diverse mix of real estate, including high-rise condos near the King George SkyTrain station, mid-rise apartment buildings, townhouse developments, and established detached homes as you move south. This transit-rich strip offers buyers a range of entry points into the Surrey market at varying price points. Key amenities including shopping centres, medical offices, community services, and parks are distributed along its length. The King George SkyTrain station anchors the northern end with direct Expo Line service to New Westminster, Burnaby, and downtown Vancouver. The corridor continues to attract investment and redevelopment activity, making it a strategically important real estate zone in South Surrey's evolving urban fabric.

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21
Units Sold
$740,914
Avg Sold Price
13d
Avg Days on Market
Strong Seller's Market
Market Condition
78 active at start of month 27 new listings Absorption rate: 26.9% Highest sold: $951,000 Lowest sold: $575,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 21 $740,914 13d
April 2021 month prior 20 +5% $830,645 -10.8% 8d +62.5%
May 2020 year ago 5 +320% $637,780 +16.2%

3-Year Price Trend — King George Corridor, Surrey Townhouse

The King George Corridor, Surrey townhouse real estate market was a Strong Seller's Market in May 2021, with 78 active listings at the start of the month, 21 properties sold, an average sold price of $740,914, properties averaging 13 days on market, an absorption rate of 26.9%. 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 King George Corridor, Surrey specialist
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Frequently Asked Questions — King George Corridor, Surrey May 2021

In May 2021, the King George Corridor, Surrey townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 26.9%. It is currently a strong seller's market in King George Corridor, Surrey, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. 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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