Sullivan Station, Surrey Market Report – October 2022

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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20
Units Sold
$1,089,320
Avg Sold Price
19d
Avg Days on Market
Buyer's Market
Market Condition
951 active at start of month 59 new listings Absorption rate: 2.1% Highest sold: $2,450,000 Lowest sold: $650,000

How Does October 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
October 2022 (this report) 20 $1,089,320 19d
September 2022 month prior 19 +5.3% $940,200 +15.9% 24d -20.8%
October 2021 year ago 67 -70.1% $1,086,419 +0.3%

3-Year Price Trend — Sullivan Station, Surrey

The Sullivan Station, Surrey real estate market was a Buyer's Market in October 2022, with 951 active listings at the start of the month, 20 properties sold, an average sold price of $1,089,320, properties averaging 19 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 October 2022

In October 2022, the Sullivan Station, Surrey real estate market is classified as a Buyer's Market with an absorption rate of 2.1%. 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: 06/04/2026   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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