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SURREY Real Estate & Homes For Sale


Surrey, British Columbia's second-largest city, is one of Canada's most culturally diverse cities, can be found in the southeast corner of the Metro Vancouver area. It is world-famous for its extravagant celebrations during the festivals situated on the south of Fraser River and the north of the Canada-US border. Surrey is also British Columbia's second-largest city by population and the third-largest city by area.

Surrey has a moderate, inter-coastal Pacific-Northwest climate with mild winters having an average temperature of 5 degrees, while January, February, and December are the winter months in Surrey. Rainfall is quite common here, with Surrey experiencing 199.4 days of rain and 1439 mm of precipitation. However, even spring is also full of drizzles. Snowfall is quite rare here, with only 13.9 days of snowfall. Summers are usually sunny with a mean temperature of 22°C; it also enjoys an ample amount of 1848.3 hours of sunshine per year. Autumns are cool in Surrey.

The history of Surrey dates back to more than 6000 years ago. The first settlers here were Semiahmoo and Kwantlen First Nations People. The main attractions for such settlers were the fertile lands and the abundance of fishes and shellfish at the mouth of Fraser River, especially at Crescent Beach and the mouth of the Campbell River. In addition, the waterways other than the main rivers were a significant source of transportation for the settlers. They could navigate through such water streams and canals to collect food by hunting animals such as bears, elks, deer, and other birds. The settlement of Europeans brought much change in the mid 19th century. The new European settlers started logging the forest trees such as fir and cedar. The local people had not touched the forests wood for centuries; this was a horror for them. The new inhabitants started shaping the city of Surrey. The Canadian city of Surrey was named after the Surrey in England as one of the founders, H J Brewer believed that the city resembled Surrey in England to a large extent. The location of Surrey at the intersection of the Pacific Rim, the Vancouver area, and the United States border has helped the city in massive growth. Built in 1937, the Pattullo Bridge helped expand the city by facilitating the commuters in travelling to Vancouver or Burnaby but didn't want to stay there. In September 1993, Surrey was incorporated as a city with six town centres. The city is now home to more than 425,000 people.

Population

Area

QOL Rank

New construction
0

Active listings
1634

Rental listings
10

SURREY Real Estate Trends and Information

Demographics

Population in Surrey, BC, has seen an upward trend compared to 2011. As per the last census performed in 2011, the population in Surrey was 468,251, and the 2016 census showed that it surged up to half a million with 517,887. As per the gender criteria, women outnumber men in Surrey.

  • Age: The average age of a Surrey resident is 39, which is relatively young. The majority age group ranges from 15 and 64 years, which accounts for 68% of the total population. According to the recent census, 130 people in Surrey have reached the age of 100 years.
  • Immigration: Out of the total population in Surrey, 43% is constituted of immigrants, which are nearly 220,155. Surrey witnessed a 17% growth in the immigration population, with 32310 immigrants in the city.
  • Education: The top 10 post-secondary educational institutes in Surrey are as follows:
  • Surrey College
  • Simon Fraser University
  • Langara College
  • Douglas College
  • Kwantlen Polytechnic University
  • Brighton College
  • CDI College
  • Trinity Western University
  • Alexander College
  • Pacific Life Bible College
  • Economic Activities: The economy of Surrey depends on various factors. There were six leading employers in Surrey in 2017:
  • Fraser Health with 25,000 employees
  • School District 36 with 10,560 employees
  • City of Surrey with 3,400 employees
  • Coast Capital Savings with 1,738 employees
  • Starline Windows Group with 1,400 employees
  • Kwantlen Polytechnic University with 1,332 employees

House For Sale in Surrey

  • Total Dwellings: 169,965
  • Single Detached Houses: 60,195
  • Condos |Apartments: 6,055
  • Other Attached Dwellings: 102,375
  • Semi Detached Houses: 3,495
  • Townhouses: 26,630
  • Apartments Duplex: 37,535
  • Other Apartments: 34,560
  • Other Single Attached Houses: 160
  • Movable Dwellings: 1,345

The total number of persons in private households was 511,540.

The average household size was 3.0.

Surrey Housing Market

Average Sold Prices

  • All Property Types: $1,038,836
  • Detached: $1,564,060
  • Townhouse: $749,588
  • Condo Apartment: $473,507

DETACHED

  • Average Sold Price: $1,564,060
  • Units Sold: 390
  • Price Change: 29.1% increase
  • Transactions: 11.8% decrease

TOWNHOUSES

  • Average Sold Price: $749,588
  • Units Sold: 301
  • Price Change: 17.8% increase
  • Transactions: 5.9% decrease

APARTMENTS

  • Average Sold Price: $473,507
  • Units Sold: 290
  • Price Change: 15.7% increase
  • Transactions: 39.4% increase

RENTALS

  • Currently, the average rent for a one-bedroom apartment in Surrey, BC, is $1,550. This indicates a 16% increase as compared to the previous year.
  • Presently, the average rent for a two-bedroom apartment in Surrey, BC, is $1,950. There is an 18% increase in rent of 2-bedroom apartments as compared to the previous year.

Recreation

Surrey has a plethora of places to visit and enjoy. Have a look at the top spots in Surrey, British Columbia, to relax and have fun:

  • Bear Creek Park: This place offers energetic activities such as hiking trails, sports fields, picnic areas, a swimming pool, and a running track. This place is suitable for families in the summers. In addition, this park is a feast for the eyes of nature lovers.
  • Cloverdale: Smallville, a famous American television show, was shot here in the enclave of Cloverdale. This place is a highly visited neighbourhood, and it is a place full of historical antiques. Hence, this place is also known as the Antiques Capital of BC.
  • Crescent Beach in South Surrey: This beach has been visited for centuries. This place used to be a summer camp for aboriginals. Nowadays, this place is famous for swimming, boarding and water polo. In addition, the northern end of the beach is a popular site for bird watching.
  • Golf Courses: The city has some famous golf courses which have even hosted some PGA tournaments. Northview Golf & Country Club is one of the most famous golf courses in the city. Other well-known courses in the city include the Guildford Golf & Country Club and the Peace Portal Golf Course.
  • Historic Stewart Farm: The Historic Stewart Farm depicts the lifestyle of a pioneer family lived from 1880 to 1944. The Victorian-era farmhouse is genuinely breathtaking, as is its surrounding gardens and farmland. The staff here also dresses up in the costume of that time.

FAQs (Surrey Real Estate)

  • Q1 What is the average price of a house in Surrey, BC ?

The average price of a home in Surrey is $1,038,836.

  • Q2 How much does a condo apartment cost in Surrey, BC ?

As per the MLS listing, the average price of a condo apartment is $473,507.

  • Q3 What is the number of the immigrant population in Surrey ?

The number of immigrants in Surrey (2016) was 220,155.

  • Q4 What is the average monthly rent of a single-bedroom apartment ?

The average rent of a single-bedroom apartment is $1550.

  • Q5 What is the average monthly rent of a double-bedroom apartment ?

The average rent of a double-bedroom apartment is $ 1950.

Average Home Price

$1,679,871

Average Rent

$2,200

Average Condo Price

Not available

Average Detached Price

Not available

Exploring SURREY

Entertainment in SURREY, British Columbia Image

Entertainment

Education in SURREY, British Columbia Image

Education

Economy in SURREY, British Columbia Image

Economy

Frequently Asked Questions (FAQs)

Below you will find answers to the most commonly asked questions about SURREY
*Accuracy of information
While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Guglu is not in any way liable for the accuracy of any information printed and stored or in any way interpreted and used by a user.
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