Surrey Real Estate Market Report - February 2026

Surrey Market Snapshot: February 2026

The most striking data point for February 2026 in Surrey is the staggering $67,000,000 range in property prices, highlighting a diverse market with extremes. The average property price stands at $1,475,384, while the median is notably lower at $1,088,000, indicating a skewed distribution with several high-value properties pulling the average upward.

Price Breakdown by Property Type

Implications for Buyers

With 1,817 new listings in the past 30 days, buyers have a considerable amount of fresh inventory to explore. The median price of $1,088,000 suggests that buyers should focus on properties around this price point, which likely represent better value given the average price is significantly higher. The absence of townhouses means buyers interested in this property type may need to consider condos or houses, depending on budget and preferences.

• Explore new listings quickly to secure properties in a competitive market.
• Consider condos as an alternative to townhouses, with 1,601 options available.
• Be prepared for high-end properties skewing averages; focus on median-priced options.

Implications for Sellers

Sellers in Surrey are operating in a market with 3,467 active listings, suggesting a competitive environment. The high average price of $1,475,384 might tempt sellers to price aggressively, but attention should be paid to the median price of $1,088,000 to ensure competitiveness. With 1,817 new listings, maintaining property appeal through updates or renovations could be crucial to stand out.

• Price properties strategically around the median to attract more buyers.
• Enhance property appeal to differentiate from the 1,817 new listings.
• Consider timing the listing to coincide with market trends for optimal exposure.

30-Second Takeaway

Surrey's real estate market in February 2026 is marked by a vast price range and a significant number of new listings. Buyers should focus on median-priced properties for value, while sellers must strategically price and enhance their listings to compete effectively. The absence of townhouses presents unique challenges and opportunities for both buyers and sellers in this diverse market.