Surrey Condos for Sale Under $500K
There are currently 587 condos for sale in Surrey priced Under $500K. The median asking price is $428,000, averaging $667/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
587
Active Listings
40
Sold (30 days)
6.8%
Sales Ratio
Buyer's Market
$428K
Median List Price
$667
Avg $/sqft
41
Avg Days on Market
The condos priced under $500k market in Surrey is currently a Buyer's Market with a 6.8% sales ratio — 40 homes sold against 587 active listings in the past 30 days. The median asking price is $428,000 ($667/sqft). Properties are selling slowly, averaging 41 days on the market.
Also Explore
Surrey Condos With Suite Surrey Condos With Basement Surrey Condos New Construction 1 Bed Condos in Surrey 2 Bed Condos in Surrey 3 Bed Condos in Surrey 4 Bed Condos in Surrey 5 Bed Condos in SurreyMarket Activity by Price Range — Surrey
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 49 | 7 | 14% | |
| $300K–$400K | 198 | 11 | 6% | |
| $400K–$500K | 340 | 22 | 6% |
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 | 329 | 15 | 5% |
| Guildford | 48 | 3 | 6% |
| West Newton | 30 | 1 | 3% |
| Queen Mary Park Surrey | 24 | 1 | 4% |
| East Newton | 22 | 0 | 0% |
| King George Corridor | 22 | 2 | 9% |
| Clayton | 19 | 5 | 26% |
| Fleetwood Tynehead | 15 | 1 | 7% |
| Cloverdale BC | 14 | 4 | 29% |
| Bear Creek Green Timbers | 10 | 0 | 0% |
| Sunnyside Park Surrey | 10 | 2 | 20% |
| Bolivar Heights | 8 | 0 | 0% |
| Grandview Surrey | 6 | 1 | 17% |
| Crescent Bch Ocean Pk. | 4 | 0 | 0% |
| Langley City | 2 | 0 | 0% |
| Morgan Creek | 2 | 0 | 0% |
| Sullivan Station | 2 | 0 | 0% |
| Pacific Douglas | 2 | 0 | 0% |
| Panorama Ridge | 1 | 0 | 0% |
| White Rock | 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 587 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 6.8% 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 $428,000. The average price per sqft is $667. 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 41 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 587 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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