Surrey Real Estate Market Report - May 2026

Surrey's Average Property Price Hits $1,617,494

The average property price in Surrey has surged to $1,617,494, reflecting a dynamic market with significant investment activity. The median price stands at $1,150,000, indicating a wide range of property values.

Price Breakdown by Property Type

Currently, the market data shows no active listings for houses, condos, or townhouses, which suggests a temporary pause in these segments or a data reporting anomaly.

Implications for Buyers

With 664 active listings and an equal number of new listings in the past 30 days, buyers face a stable inventory. The substantial price range from $143,000 to $20,500,000 offers diverse opportunities. Buyers should consider properties at the lower end of the spectrum to capitalize on potential value growth. Given the absence of specific property types, buyers might explore alternative housing solutions or nearby markets.

Implications for Sellers

Sellers are positioned in a market with an average price of $1,617,494, suggesting robust demand. The absence of houses, condos, and townhouses in the current data may indicate a unique opportunity for sellers to list properties and fill the apparent gap. Sellers should price competitively within the $143,000 to $20,500,000 range to attract diverse buyer segments.

30-Second Takeaway

• Average property price is $1,617,494; median is $1,150,000.
• No active listings for houses, condos, or townhouses currently reported.
• 664 active listings, with an identical number of new listings in the past month.
• Price range extends from $143,000 to $20,500,000, offering varied opportunities.
• Buyers should explore lower-priced options; sellers should capitalize on listing gaps.

Related: Surrey Real Estate Market Report - April 2026, Living in Delta 2026: Complete Guide to Life, Cost & Real Estate, Mortgage Calculator, Langley Real Estate Market Report - May 2026, Maple Ridge Real Estate Market Report - May 2026