Surrey Real Estate Market Update – May 2024

Buyer's Market Absorption rate: 2.3%
← April 2024 Next month →
624
Units Sold
▼ 6.4% vs prev month
$1,044,660
Avg Sold Price
▼ 6.2% vs prev month
24d
Avg Days on Market
Buyer's Market
Market Condition
27,535 active listings at start of month 1,597 new listings Absorption: 2.3% Highest: $3,800,000 Lowest: $245,000

How Does May 2024 Compare?

Period Units Sold Avg Price Avg DOM
May 2024 624 $1,044,660 24
April 2024 667
▼ 6.4%
$1,114,213
▼ 6.2%
22
May 2023 (YoY) 862
▼ 27.6%
$1,157,082
▼ 9.7%
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Last Update: 06/04/2026   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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