Surrey Condos for Sale Under $500K
There are currently 566 condos for sale in Surrey priced Under $500K. The median asking price is $425,000, averaging $646/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
566
Active Listings
34
Sold (30 days)
6%
Sales Ratio
Buyer's Market
$425K
Median Price
$646
Avg $/sqft
53
Avg Days
Market summary
The condos priced under $500k market in Surrey is currently a Buyer's Market with a 6% sales ratio — 34 homes sold against 566 active listings in the past 30 days. The median asking price is $425,000 ($646/sqft). Properties are selling slowly, averaging 53 days on the market.
For Sale
25 listings
Recently Sold
25 sold nearby
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K | 48 | 5 | 10% | |
| $300K–$400K | 198 | 15 | 8% | |
| $400K–$500K | 320 | 13 | 4% | |
| $500K–$600K Most Active | 0 | 1 | 100% |
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 | 310 | 18 | 6% |
| Guildford | 55 | 3 | 5% |
| Queen Mary Park Surrey | 29 | 1 | 3% |
| West Newton | 26 | 2 | 8% |
| East Newton | 26 | 2 | 8% |
| King George Corridor | 24 | 0 | 0% |
| Clayton | 20 | 0 | 0% |
| Fleetwood Tynehead | 18 | 0 | 0% |
| Cloverdale BC | 15 | 1 | 7% |
| Bear Creek Green Timbers | 12 | 2 | 17% |
| Bolivar Heights | 6 | 1 | 17% |
| Sunnyside Park Surrey | 5 | 3 | 60% |
| Pacific Douglas | 4 | 0 | 0% |
| Crescent Bch Ocean Pk. | 3 | 0 | 0% |
| Sullivan Station | 3 | 0 | 0% |
| Grandview Surrey | 3 | 0 | 0% |
| Fraser Heights | 3 | 0 | 0% |
| Langley City | 2 | 0 | 0% |
| Panorama Ridge | 1 | 0 | 0% |
| Cedar Hills | 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 566 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 6% 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 $646. 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 53 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 566 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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