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.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| March 2023 (this report) | 4 | $761,250 | 35d |
| February 2023 month prior | 5 -20% | $738,400 +3.1% | 62d -43.5% |
| March 2022 year ago | 10 -60% | $825,250 -7.8% | — |
In March 2023, the Whalley, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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.