Surrey Townhouse Market Report – May 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.

← April 2021 Next month →
433
Units Sold
$742,257
Avg Sold Price
13d
Avg Days on Market
Strong Seller's Market
Market Condition
1,620 active at start of month 515 new listings Absorption rate: 26.7% Highest sold: $2,000,000 Lowest sold: $220,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 433 $742,257 13d
April 2021 month prior 463 -6.5% $748,067 -0.8% 11d +18.2%
May 2020 year ago 5 +8560% $677,140 +9.6%

3-Year Price Trend — Surrey Townhouse

The Surrey townhouse real estate market was a Strong Seller's Market in May 2021, with 1,620 active listings at the start of the month, 433 properties sold, an average sold price of $742,257, properties averaging 13 days on market, an absorption rate of 26.7%. 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
Get your home value ›

Frequently Asked Questions — Surrey May 2021

In May 2021, the Surrey townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 26.7%. It is currently a strong seller's market in Surrey, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 07/16/2026   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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →