Whalley, Surrey Market Report – May 2021

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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141
Units Sold
$492,220
Avg Sold Price
18d
Avg Days on Market
Balanced Market
Market Condition
1,044 active at start of month 233 new listings Absorption rate: 13.5% Highest sold: $1,850,000 Lowest sold: $300,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 141 $492,220 18d
April 2021 month prior 136 +3.7% $515,499 -4.5% 22d -18.2%
May 2020 year ago 26 +442.3% $457,996 +7.5%

3-Year Price Trend — Whalley, Surrey

The Whalley, Surrey real estate market was a Balanced Market in May 2021, with 1,044 active listings at the start of the month, 141 properties sold, an average sold price of $492,220, properties averaging 18 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 Whalley, Surrey specialist
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Frequently Asked Questions — Whalley, Surrey Market

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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