Surrey Condos for Sale Under $500K
There are currently 579 condos for sale in Surrey priced Under $500K. The median asking price is $420,000, averaging $657/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The condos priced under $500k market in Surrey is currently a Buyer's Market with a 4.8% sales ratio — 28 homes sold against 579 active listings in the past 30 days. The median asking price is $420,000 ($657/sqft). Properties are selling slowly, averaging 39 days on the market.
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↓ Buyer's Market
579
Active Listings
28
Sold (30 days)
4.8%
Sales Ratio
Buyer's Market
$420K
Median Price
$657
Avg $/sqft
39
Avg Days
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 49 | 4 | 8% | |
| $300K–$400K | 205 | 13 | 6% | |
| $400K–$500K | 325 | 11 | 3% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Surrey
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Whalley | 315 | 16 | 5% |
| Guildford | 57 | 5 | 9% |
| West Newton | 30 | 1 | 3% |
| Queen Mary Park Surrey | 27 | 0 | 0% |
| King George Corridor | 26 | 1 | 4% |
| East Newton | 25 | 1 | 4% |
| Clayton | 19 | 2 | 11% |
| Fleetwood Tynehead | 17 | 0 | 0% |
| Cloverdale BC | 14 | 1 | 7% |
| Bear Creek Green Timbers | 12 | 0 | 0% |
| Bolivar Heights | 7 | 0 | 0% |
| Sunnyside Park Surrey | 6 | 1 | 17% |
| Grandview Surrey | 6 | 0 | 0% |
| Pacific Douglas | 4 | 0 | 0% |
| Crescent Bch Ocean Pk. | 3 | 0 | 0% |
| Langley City | 2 | 0 | 0% |
| Sullivan Station | 2 | 0 | 0% |
| Morgan Creek | 2 | 0 | 0% |
| Fraser Heights | 2 | 0 | 0% |
| Panorama Ridge | 1 | 0 | 0% |
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Market Reports
Frequently Asked Questions — Surrey
How many condos priced under $500k are for sale in Surrey?
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There are currently 579 condos priced under $500k listed for sale in Surrey. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in Surrey?
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It is currently a Buyer's Market. With a 4.8% sales ratio, there are more condos available than buyers are purchasing, giving buyers more time and negotiating power. See the full Surrey Condos market report for monthly trends.
What is the median price of condos in Surrey?
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The median asking price for condos in Surrey is $420,000. The average price per sqft is $657. See the full Surrey Condos market report for monthly trends.
How long do condos take to sell in Surrey?
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Condos in Surrey are averaging 39 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in Surrey?
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Yes — there are currently 579 condos priced under $500k available in Surrey. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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