Surrey Townhouse Market Report – August 2021

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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273
Units Sold
$780,509
Avg Sold Price
19d
Avg Days on Market
Balanced Market
Market Condition
2,027 active at start of month 271 new listings Absorption rate: 13.5% Highest sold: $1,471,000 Lowest sold: $225,000

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 273 $780,509 19d
July 2021 month prior 308 -11.4% $741,383 +5.3% 15d +26.7%
August 2020 year ago 342 -20.2% $625,369 +24.8%

3-Year Price Trend — Surrey Townhouse

The Surrey townhouse real estate market was a Balanced Market in August 2021, with 2,027 active listings at the start of the month, 273 properties sold, an average sold price of $780,509, properties averaging 19 days on market, an absorption rate of 13.5%. 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 2021

In August 2021, the Surrey townhouse real estate market is classified as a Balanced Market with an absorption rate of 13.5%. The market in Surrey is currently balanced. Both buyers and sellers have reasonable negotiating positions. 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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