Whalley, Surrey Market Report – July 2020

Whalley, also known as the City Centre of Surrey, is undergoing a dramatic transformation into a modern urban hub in Metro Vancouver. The neighbourhood surrounds the King George SkyTrain station and Surrey Central station, making it one of the most transit-connected communities in the region. High-rise condos and mixed-use developments are reshaping the skyline, offering buyers and investors access to new construction at prices well below comparable Vancouver neighbourhoods. Whalley is home to SFU Surrey, Surrey City Hall, Central City Shopping Centre, and a rapidly expanding healthcare district. The area attracts students, young professionals, and investors seeking high rental demand and long-term appreciation. With billions of dollars in planned infrastructure investment, Whalley represents one of the most compelling real estate opportunities in the Greater Vancouver area.

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112
Units Sold
$487,774
Avg Sold Price
35d
Avg Days on Market
Seller's Market
Market Condition
426 active at start of month 215 new listings Absorption rate: 26.3% Highest sold: $1,457,000 Lowest sold: $248,000

How Does July 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2020 (this report) 112 $487,774 35d
June 2020 month prior 93 +20.4% $458,958 +6.3% 26d +34.6%

3-Year Price Trend — Whalley, Surrey

The Whalley, Surrey real estate market was a Seller's Market in July 2020, with 426 active listings at the start of the month, 112 properties sold, an average sold price of $487,774, properties averaging 35 days on market, an absorption rate of 26.3%. 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 Whalley, Surrey specialist
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Frequently Asked Questions — Whalley, Surrey July 2020

In July 2020, the Whalley, Surrey real estate market is classified as a Seller's Market with an absorption rate of 26.3%. It is currently a seller's market in Whalley, Surrey. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/05/2026   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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