Sullivan Station, Surrey Market Report – January 2023

Sullivan Station is a modern, master-planned community in the eastern part of Surrey, BC, developed primarily in the 2000s and known for its well-organized street grid, attractive townhomes, and family-oriented character. The neighbourhood offers a strong mix of detached single-family homes, townhouses, and low-rise condos, appealing to a wide range of buyers. Sullivan Station residents enjoy proximity to Sullivan Heights Secondary School, several community parks, and the Sullivan Recreation Centre. The area provides convenient access to Highway 10 and the King George Boulevard corridor, connecting residents to Cloverdale, Newton, and beyond. Bus rapid transit and future SkyTrain expansion plans further bolster the neighbourhood's long-term connectivity. Sullivan Station is consistently popular with young families seeking a safe, walkable community with newer housing stock and good value relative to the broader Metro Vancouver real estate market.

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21
Units Sold
$1,023,714
Avg Sold Price
58d
Avg Days on Market
Buyer's Market
Market Condition
1,019 active at start of month 43 new listings Absorption rate: 2.1% Highest sold: $1,742,500 Lowest sold: $630,000

How Does January 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2023 (this report) 21 $1,023,714 58d
December 2022 month prior 16 +31.3% $1,046,750 -2.2% 42d +38.1%
January 2022 year ago 38 -44.7% $1,224,716 -16.4%

3-Year Price Trend — Sullivan Station, Surrey

The Sullivan Station, Surrey real estate market was a Buyer's Market in January 2023, with 1,019 active listings at the start of the month, 21 properties sold, an average sold price of $1,023,714, properties averaging 58 days on market, an absorption rate of 2.1%. 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 Sullivan Station, Surrey specialist
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Frequently Asked Questions — Sullivan Station, Surrey Market

Last Update: 06/04/2026   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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