the vancouver rennie review | November 2025

surrey TOWNHOME - OCTOBER 2 0 2 5

SALES TO LISTINGS RATIO 16% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 7% VS 2024

MEDIAN PRICE

TOTAL INVENTORY

SALES

▼ 5% VS 2024

▼ 4% VS 2024

▼ 12% VS 2024

▲ 19% VS 2024

There were 1,090 townhome listings in Surrey in October, 6% below September and 19% higher than October 2024. October townhome sales increased by 32% month-over-month, to 177, and were 12% below October 2024. The sales-to-listing ratio for townhomes in Surrey, at 16%, reflected a balanced market. The townhome median price in October was $799,000, a 1.1% decrease from September and 4% below October 2024. The average sold price was $817,103, 1.1% above last month; the average PSF sale price was $516, down 0.9% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No. 202 913

% Change

No.

% Change

TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

$516 $817,103 $799,000 16% 177 1,090

-27% -12% 19%

$520 $808,175 $808,000 12% 134 1,163

41% 32% -6%

$556 $857,885 $832,667 22%

-0.9% 1.1% -1.1%

-7% -5% -4%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● OCT 2024 ● OCT 2025

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

1,163

1,038

1,090

1,159

1,144

1,131

1,127

873

913

928

833

768

714

169

162

161

202

177

167

151

143

144

136

137

134

124

$872K

$853K

$844K

$842K

$845K

$835K

$833K

$827K

$826K

$822K

$814K

$808K

$799K

SURREY

FVREB

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

500

51

4+ bdrms

362

400

73

3 bdrms

515

300

52

2 bdrms

200

210

21% 21%

16%

14% 11%

100

10%

<2 bdrms

1

0

2 1

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+

Null

S-L RATIO SALES INVENTORY

61 13 21%

375 77 21%

484 67 14%

127 14 11%

32 5 16%

10 1 10%

1 0 n/a

Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of November 14, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 44 ●

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