Surrey Real Estate Market Report - July 2026

Surrey Housing Market: Average Price Surges to $1,358,562

The average home price in Surrey has reached $1,358,562, significantly impacting both buyers and sellers in the region. With a median price of $1,038,900, the market reflects a diverse range of property values, from as low as $125,000 to as high as $45,501,600. This price range indicates a broad spectrum of options and competition within the market.

Price Breakdown by Property Type

Implications for Buyers

With 4,613 active listings and 2,571 new listings in the past 30 days, buyers have a substantial inventory to choose from. However, the high average price of $1,358,562 necessitates strategic financial planning. Buyers should consider targeting properties below the median price of $1,038,900 to maximize value and potentially avoid intense bidding wars. Exploring the lower end of the market, with properties starting at $125,000, could yield opportunities for first-time buyers or investors seeking entry-level investments.

Implications for Sellers

Sellers in Surrey are in a favorable position, with the average home price at $1,358,562. However, with 90 houses, 44 condos, and 39 townhouses on the market, competition remains. Sellers should emphasize unique property features and competitive pricing strategies to stand out. Given the influx of 2,571 new listings in the last month, maintaining curb appeal and ensuring properties are market-ready can enhance attractiveness to potential buyers.

30-Second Takeaway

• The average home price in Surrey is $1,358,562, with a median of $1,038,900.
• There are 4,613 active listings, with 2,571 new listings in the past 30 days.
• Buyers should focus on properties around or below the median price to optimize investment.
• Sellers must differentiate their listings amidst 173 total active properties, focusing on unique selling points.