Surrey Real Estate Prices in 2023: Q1 vs Q2

The Spring real estate market in Surrey was hot again in May, showing continued month on month price growth across all three asset types.

In this month’s Surrey Report, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the May 2023 stats for the City of Surrey and offers his insight into what he is currently seeing in the market. As with every Surrey Report, the team also breaks down the May 2023 benchmark stats for the City of Surrey.

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Benchmark Prices: (Surrey Combined) (+/- yoy):

Detached = $1,627,400 (-11.7%)
Townhomes = $870,600 (-7.3%)
Condos = $550,700 (-4.7%)

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call or text: 604-549-5828
email: steve@krproperties.ca

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