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…
Calculate for Surrey: buy or sell
By profession
The Surrey real estate market — Sep 2026
| Indicator | Value | 1-year change |
|---|---|---|
| Reference price (Sep 2026) | $861,300 | -7.2% |
| By property type | ||
| Detached | $1,300,000 | -8.8% |
| Townhouse | $745,300 | -6.2% |
| Apartment | $461,800 | -9.3% |
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 September 2026, the MLS® benchmark price in Surrey stood at $861,300, down 7.2% year over year. By property type: detached $1,300,000 (−8.8%), townhouse $745,300 (−6.2%), and apartment $461,800 (−9.3%). Source: Fraser Valley Real Estate Board (FVREB), September 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
Which real estate professionals does Payotte recommend in Surrey?
In Surrey, Payotte names one independent, verified professional per trade in each of its 6 sectors — real estate agent, mortgage broker, home inspector, real estate lawyer and appraiser — scored on public data (Google reviews, active licence on the regulator's register, local presence), with no ads or commissions.
What is the average home price in Surrey in 2026?
In September 2026, the MLS® benchmark price in Surrey stood at $861,300, down 7.2% year over year. By property type: detached $1,300,000 (−8.8%), townhouse $745,300 (−6.2%), and apartment $461,800 (−9.3%). Source: Fraser Valley Real Estate Board (FVREB), September 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 (September 2026), so Payotte does not call it either way rather than guess. In September 2026, the MLS® benchmark price in Surrey stood at $861,300, down 7.2% year over year. Source: Fraser Valley Real Estate Board (FVREB), September 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.
How much tax do you pay when you sell a home in Surrey?
Usually none if it is your principal residence: the Canada Revenue Agency's principal residence exemption wipes out the capital gain for each year the home is designated, though the sale must still be reported. For another property (cottage, rental), half the gain is added to taxable income (1/2 inclusion rate, CRA guide T4037) and taxed at your marginal rate. Example at Surrey's reference price ($861,300): bought for $761,300, the home shows a gain of $100,000: $0 taxable if it is your principal residence; otherwise $50,000 of taxable amount is added to your income (the resulting tax depends on your marginal rate, not computed here). The land transfer tax is paid by the buyer, not the seller; the agent's commission is negotiated, and no official schedule sets it.
Source : Fraser Valley Real Estate Board (FVREB) · Ville de Surrey; benchmark composite = territoire Fraser Valley (aucun composite ville publié) · 2026-09 — figures updated with each board release.
Property assessment in Surrey
Assessor: BC Assessment, the provincial authority that produces assessments. It does not set tax rates or calculate tax bills.. To appeal: Notice of Complaint filed with BC Assessment by January 31; moved to the next business day when the 31st falls on a weekend (February 2 in 2026).
Property assessment in British ColumbiaHow to appeal: the guide
The Surrey market pulse, every month
Prices, sales, inventory, days on market — sourced board figures, once a month by email. Free, one-click unsubscribe.
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