Sullivan Station, Surrey Townhouse Market Report – November 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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13
Units Sold
$809,254
Avg Sold Price
29d
Avg Days on Market
Buyer's Market
Market Condition
584 active at start of month 31 new listings Absorption rate: 2.2% Highest sold: $980,000 Lowest sold: $636,000

How Does November 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
November 2022 (this report) 13 $809,254 29d
October 2022 month prior 14 -7.1% $812,243 -0.4% 13d +123.1%
November 2021 year ago 24 -45.8% $862,532 -6.2%

3-Year Price Trend — Sullivan Station, Surrey Townhouse

The Sullivan Station, Surrey townhouse real estate market was a Buyer's Market in November 2022, with 584 active listings at the start of the month, 13 properties sold, an average sold price of $809,254, properties averaging 29 days on market, an absorption rate of 2.2%. 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 November 2022

In November 2022, the Sullivan Station, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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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