Whalley, Surrey Townhouse Market Report – January 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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13
Units Sold
$589,992
Avg Sold Price
22d
Avg Days on Market
Strong Seller's Market
Market Condition
45 active at start of month 16 new listings Absorption rate: 28.9% Highest sold: $687,011 Lowest sold: $482,500

How Does January 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2021 (this report) 13 $589,992 22d
December 2020 month prior 10 +30% $544,800 +8.3% 105d -79%

3-Year Price Trend — Whalley, Surrey Townhouse

The Whalley, Surrey townhouse real estate market was a Strong Seller's Market in January 2021, with 45 active listings at the start of the month, 13 properties sold, an average sold price of $589,992, properties averaging 22 days on market, an absorption rate of 28.9%. 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 January 2021

In January 2021, the Whalley, Surrey townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 28.9%. It is currently a strong seller's market in Whalley, 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: 07/17/2026   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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