Surrey Townhouse Market Report – January 2021

In January 2021, the Surrey townhouse real estate market is classified as a Seller's Market with an absorption rate of 26%. 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.

374 townhouse properties sold in Surrey during January 2021 based on MLS® records. There were 1,440 active listings at the start of the month. A total of 408 new listings came to market during the month.

The average townhouse sold price in Surrey in January 2021 was $688,417. Sold prices ranged from $343,000 to $2,000,000. Data is sourced from MLS® board records.

In January 2021, townhouse properties in Surrey averaged 25 days on the market before selling. With an absorption rate of 26%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Surrey in January 2021 was $688,417, up 24% year-over-year compared to January 2020 ($555,000). Sales volume was up 37300% compared to the same month last year. Data is sourced from MLS® sold records.