Surrey Townhouse Market Report – September 2024

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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162
Units Sold
$864,999
Avg Sold Price
28d
Avg Days on Market
Buyer's Market
Market Condition
7,747 active at start of month 475 new listings Absorption rate: 2.1% Highest sold: $1,530,000 Lowest sold: $360,000

How Does September 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2024 (this report) 162 $864,999 28d
August 2024 month prior 148 +9.5% $882,361 -2% 29d -3.4%
September 2023 year ago 148 +9.5% $897,961 -3.7%

3-Year Price Trend — Surrey Townhouse

The Surrey townhouse real estate market was a Buyer's Market in September 2024, with 7,747 active listings at the start of the month, 162 properties sold, an average sold price of $864,999, properties averaging 28 days on market, an absorption rate of 2.1%. 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 September 2024

In September 2024, the Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 2.1%. 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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