Surrey Condos for Sale Under $500K
There are currently 592 condos for sale in Surrey priced Under $500K. The median asking price is $425,000, averaging $674/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
All
With Suite
With Basement
New Construction
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed
Under $500K
Under $800K
Under $1M
$1M–$2M
Over $2M
$2M–$3M
Luxury ($3M+)
↓ Buyer's Market
592
Active Listings
23
Sold (30 days)
3.9%
Sales Ratio
Buyer's Market
$425K
Median List Price
$674
Avg $/sqft
30
Avg Days on Market
The condos priced under $500k market in Surrey is currently a Buyer's Market with a 3.9% sales ratio — 23 homes sold against 592 active listings in the past 30 days. The median asking price is $425,000 ($674/sqft). Properties are selling within a month on average, averaging 30 days on the market.
Also Explore
Surrey Apartment With Suite Surrey Apartment With Basement Surrey Apartment New Construction 1 Bed Apartment in Surrey 2 Bed Apartment in Surrey 3 Bed Apartment in Surrey 4 Bed Apartment in Surrey 5 Bed Apartment in SurreyMarket Activity by Price Range — Surrey
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 39 | 2 | 5% | |
| $300K–$400K Most Active | 202 | 11 | 5% | |
| $400K–$500K | 351 | 10 | 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 | 330 | 15 | 5% |
| Guildford | 51 | 3 | 6% |
| West Newton | 30 | 1 | 3% |
| Queen Mary Park Surrey | 26 | 0 | 0% |
| Cloverdale BC | 24 | 1 | 4% |
| Clayton | 20 | 0 | 0% |
| Fleetwood Tynehead | 20 | 0 | 0% |
| East Newton | 20 | 0 | 0% |
| King George Corridor | 18 | 1 | 6% |
| Sunnyside Park Surrey | 13 | 0 | 0% |
| Bear Creek Green Timbers | 10 | 1 | 10% |
| Bolivar Heights | 8 | 0 | 0% |
| Grandview Surrey | 6 | 0 | 0% |
| Crescent Bch Ocean Pk. | 4 | 0 | 0% |
| Pacific Douglas | 3 | 0 | 0% |
| Morgan Creek | 2 | 0 | 0% |
| Cedar Hills | 2 | 0 | 0% |
| Langley City | 1 | 0 | 0% |
| Sullivan Station | 1 | 0 | 0% |
| Fraser Heights | 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 592 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 3.9% 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 $425,000. The average price per sqft is $674. 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 30 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
Are there good condos priced under $500k in Surrey?
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Yes — there are currently 592 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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