Buyers currently have more choice in Surrey's multi-family market, with homes taking longer to sell. In the past 30 days, 6 multi-family properties sold across Surrey at an average sold price of $1,079,500. Multi-family properties are selling in an average of 49 days on the market. The absorption rate is 5% — meaning 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 $1,103,490. If you're considering buying a multi-family property in Surrey, you have more time to negotiate — though well-priced homes still attract attention.
Sold price trend
Last 30 days
$1,079,500
6 sold
Last 90 days
$1,103,490
23 sold
Last 12 months
$1,197,686
70 sold
30-day vs 90-day:
▼ 2.2%
90-day vs 12-month:
▼ 7.9%
Average MLS® sold price of multi-family properties by time window. Longer windows smooth out month-to-month swings in low-volume areas.
