Buyers currently have more choice in Surrey's multi-family market, with homes taking longer to sell. In the past 30 days, 3 multi-family properties sold across Surrey at an average sold price of $1,163,667. Multi-family properties are selling in an average of 31 days on the market. The absorption rate is 2.5% — meaning 2.5% of active multi-family inventory sells each month. Average multi-family prices in Surrey are down 2.2% compared to the 90-day average of $1,189,658. If you're considering buying a multi-family property in Surrey, you have more time to negotiate — though well-priced homes still attract attention.
