Sectors / neighbourhoods
Surrey City Centre, the fast-rising cluster of towers around Central City, SFU Surrey and the SkyTrain, is the city's…
South Surrey and White Rock form the seaside south end, where the historic White Rock pier, ocean views and quiet,…
Newton is one of Surrey's largest, most diverse and most family-oriented communities, where townhomes are a mainstay…
Guildford and Fleetwood anchor Surrey's established northeast, mature suburban communities around Guildford Town…
Cloverdale pairs a heritage town centre with newer family subdivisions on Surrey's eastern edge, a semi-rural pocket…
Whalley and Fraser Heights capture two faces of north Surrey: rapidly redeveloping Whalley, rising around the City…
By profession
The Surrey real estate market — Aug 2026
- Reference price (Aug 2026)
- $869,900 (-7.2%)
- Detached
- $1,431,700 (-8.7%)
- Townhouse
- $781,500 (-8.2%)
- Apartment
- $460,400 (-9.9%)
Surrey is one of British Columbia's fastest-growing cities and a more attainable gateway to Metro Vancouver. Its composite benchmark is reported through the Fraser Valley Real Estate Board, for the board's territory as a whole.
In August 2026, the MLS® benchmark price in Surrey stood at $869,900, down 7.2% year over year. By property type: detached $1,431,700 (−8.7%), townhouse $781,500 (−8.2%), and apartment $460,400 (−9.9%). Source: Fraser Valley Real Estate Board (FVREB), August 2026.
Surrey's draw is attainability and growth: buyers weigh its relative value against Vancouver proper, while rapid population growth and major transit investment underpin demand across the city's distinct communities. But the city spans very different worlds — waterfront South Surrey–White Rock, dense City Centre, and the family neighbourhoods of Newton and Cloverdale — so a single benchmark hides wide gaps. Buyers benefit from a broker who knows which sector matches their budget and commute, and from financing arranged before they compete for a listing.
From the waterfront to the suburbs, pricing varies sharply by sector, which makes verified local guidance valuable. Payotte lists one verified professional per sector across Surrey's 6 covered districts, ranked on Google reviews, experience and an active licence (BCFSA, the Law Society of British Columbia, the Appraisal Institute of Canada). One reference per neighbourhood, free and independent.
How Payotte selects
For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.
Frequently asked questions
What is the average home price in Surrey in 2026?
In August 2026, the MLS® benchmark price in Surrey stood at $869,900, down 7.2% year over year. By property type: detached $1,431,700 (−8.7%), townhouse $781,500 (−8.2%), and apartment $460,400 (−9.9%). Source: Fraser Valley Real Estate Board (FVREB), August 2026.
Is Surrey a buyer's or seller's market?
Months of inventory — the figure used to call a buyer's or seller's market — is not available for Surrey (August 2026), so Payotte does not call it either way rather than guess. In August 2026, the MLS® benchmark price in Surrey stood at $869,900, down 7.2% year over year. Source: Fraser Valley Real Estate Board (FVREB), August 2026.
Why do home prices vary so much within Surrey?
Because Surrey spans very different communities — waterfront South Surrey–White Rock, dense City Centre, and the family neighbourhoods of Newton and Cloverdale — and pricing varies sharply by sector. A single benchmark hides wide gaps, so buyers benefit from a broker who knows which sector matches their budget and commute.
How does Payotte choose the expert for a sector?
On a 100-point scale (Google reviews 35, experience 30, active licence 15, local presence 15, bonus 5). Only the highest-scoring verified professional is published per sector.
Source : Fraser Valley Real Estate Board (FVREB) · Ville de Surrey; benchmark composite = territoire Fraser Valley (aucun composite ville publié) · 2026-08 — figures updated with each board release.
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Other cities in British Columbia
- Vancouver — 8 sectors
- Richmond — 1 sector
- Abbotsford — 1 sector
- Coquitlam — 1 sector
- Kelowna — 1 sector
- Prince George — 1 sector
- Kamloops — 1 sector
- Nanaimo — 1 sector
- Victoria — 1 sector