Surrey Townhouse Market Report – August 2020

Surrey is an active townhouse 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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342
Units Sold
$625,369
Avg Sold Price
25d
Avg Days on Market
Seller's Market
Market Condition
1,055 active at start of month 489 new listings Absorption rate: 32.4% Highest sold: $1,040,000 Lowest sold: $290,100

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 342 $625,369 25d
July 2020 month prior 337 +1.5% $631,593 -1% 25d +0%

3-Year Price Trend — Surrey Townhouse

The Surrey townhouse real estate market was a Seller's Market in August 2020, with 1,055 active listings at the start of the month, 342 properties sold, an average sold price of $625,369, properties averaging 25 days on market, an absorption rate of 32.4%. 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 August 2020

In August 2020, the Surrey townhouse real estate market is classified as a Seller's Market with an absorption rate of 32.4%. It is currently a seller's market in Surrey. While demand is elevated, qualified buyers can still find opportunities. 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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