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Surrey Real Estate Value Statistics

Get statistics, sold listings, values and more in Surrey.

As of September, 2019, there are 1515properties for sale, with an average of$1,305,868. Last Month 82properties were sold, for 72below list price, 7above list price.

Surrey is a city in the Regional District of Metro Vancouver and is located south of the Fraser River and north of the Canada–United States border. The City of Surrey comprises the communities of Cloverdale, Fleetwood, Guildford, Newton, South Surrey, and Whalley/City Centre. Surrey is the second-largest city after Vancouver in terms of population and the third-largest city by land area after Abbotsford and Prince George in the province of British Columbia.

Surrey Market Summary

There are currently  properties for sale on the market in Surrey, with a price range of $ -$

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Demographics

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517,887Population
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82.4 yearsLife Expectancy
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61.3 %Employment Rate
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6.5 %Unemployment Rate
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$85,390.00 Average Household Income
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Neighbourhoods

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Information

history

First Nation people mainly Semiahmoo, Katzie and Kwantlen groups inhabited the area thousand years ago. Surrey was placed on the map when Englishman H.J. Brewer crossed the Fraser River from New Westminster and found a land that reminds him of his country. The named Surrey comes from the name of Brewer's native Country of Surrey in England. During late 1800s, settlers from different region began to settle in Surrey and on November 10, 1879, Surrey was incorporated as a municipality. The industry of agriculture and forestry became the key sector of Surrey's local economy. In 1980s through 1990s, the community of Surrey experienced unprecedented growth in number of population. People from diverse ethnic background began to make the municipality of Surrey their home, making the city today one of the BC's most diverse and unique communities. The City of Surrey was officially incorporated as city on September 11, 1993. As of 2016, the City of Surrey has a population of 517,887 (Statistics Canada, 2016 Census of Population) and a total of 316.41 km² land area.

lifestyle

The City of Surrey comprises the communities of Cloverdale, Fleetwood, Guildford, Newton, South Surrey, and Whalley/City Centre. These community centres offer residents improved access to recreation and fitness, transportation, police services and green spaces. Each community is a great place to live, work, and play that makes the city of Surrey a truly livable, modern city in British Columbia. The City Centre housed the major shopping and recreational facilites and has also been the focus of residential and commercial development. Cloverdale is home to the Surrey Museum and the Surrey Archives. The community also preserved several unique heritage buildings, and a quaint "Main Street," to maintain the historic ambiance of the area. Fleetwood promotes the important role of social activity in the community. Fleetwood Community Centre, Surrey Sport and Leisure Complex, and Fleetwood Park are all located in the area which promotes the environment, wellness and spirit of Fleetwood. Business and residential development are focused in the community of Guildford because of its good access to the freeway and Surrey City Centre. Newton is considered as the most culturally diverse community and serves as a home to one of the largest Vaisakhi Parades outside India. South Surrey is where the Crescent Beach located, this area also offers shopping opportunities and convenient connections to the United States through the Peace Arch and Pacific Highway border crossings.

culture

Surrey is a diverse community rich in arts, culture and history. The communities represent a unique fusion of urban and rural life by preserving the city's natural resources while embracing opportunities for advancement and economic development. Many heritage sites in the Surrey reflects the city's past and the active role of farming, agriculture, trading, and forestry in shaping Surrey to what it is today. People can visit the Museum of Surrey and the Surrey Archives to learn more about the history of Surrey through photographs and documents that have been preserved at the 1912 Municipal Hall. The Historic Stewart Farm located in South Surrey will transport you back in the time period of 1890-1920 through its well furnished farmhouse, pole barn, boathouse, threshing shed, root cellar, and heritage gardens and orchard that all makes up to what Surrey looked like long ago. Blessed with rolling farmland, it is not a surprise that local businesses and restaurants serves fresh local produced goods included in their menus. Residents can also experience ethnic cuisine such as Thai, Sushi, Mexican, and South Asian or order delicious West Coast meal, whatever their heart desires. People can also visits wineries and breweries, pubs and bars, as well as cafe's and bakeries inside and outside the city centre.

climate

Surrey experience typical inter-coastal rainforest climate. Winters are usually rainy and wet while summers are often sunny. Heavy rainfall lasts until early spring and autumns are often cool.

education

The School District 36 Surrey is the largest school district in the province of British Columbia, Canada and administered the public schools located in the cities of Surrey and White Rock, and the rural area of Barnston Island. The school district operates 102 elementary schools, 22 secondary schools and 5 learning centres. Surrey schools offers variety of educational programs that includes Aboriginal Education​, Alternate Programs​, Choice Programs, Online/Distance Education, Special Needs Support, and Career Education Programs. Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU) has a campus located in the city of Surrey. SFU is a public research university offering undergraduate and graduate programs and non-credit programs and courses to adult students. KPU offers programs for fashion and design, as well as business courses together with more than 100 programs. Private colleges located in the city of Surrey includes Canadian Tourism College, Stenberg College, Sterling College, and Western Community College.

health care

Surrey Memorial Hospital (SMH) is full-service public hospital operated by Fraser Health located in the city of Surrey. It has the busiest emergency department for being the second largest hospital in British Columbia. The hospital offers general services, pediatrics and maternity care, and hospice. It also specialized in Cancer and Renal care, kidney dialysis, and sleep disorders. SMH also performs immediate breast reconstruction surgeries for women with breast cancer. Other than health care services, the hospital also offers jobs to more than 4,000 people and is considered to be the second largest employer in the City of Surrey. In addition, Surrey is also the home of almost 900 health care institutions, both public and private, providing health care services to Surrey communities and other neighbouring cities.

transportation

TransLink povides the public transit system in Metro Vancouver and connects Surrey communities to Lower Mainland municipalities through various bus routes and rail lines. SkyTrain Expo Line provides service to four stations located in Downtown Vancouver namely: Scott Road, Gateway, Surrey Central, and King George. The government of Surrey also encourages its residents to explore the city by walking and biking since there are number of pedestrian lanes and bicycle lanes within the city.

economy

Farming and agriculture serves as one of the key sectors of Surrey's local economy from past centuries up to now. Serving meals with fresh local produced goods are common to the communities and variety of Farmers Markets peppered across the city mainly on warmer months. After all, approximately 30% of Surrey's land is preserved and dedicated to Agriculture for local food-growing. Manufacturing industries also played an important role in the city's economic development. Different manufacturing businesses such as logging firms emerge to produced products. While environmental firms capitalized on the city's initiatives for the clean energy such as constructing wind turbines. Currently, technology is also an emerging sector of Surrey, an ideal business for start-up companies. Leading companies that includes Powertech Labs, Safe Software and FINCAD are situated in the city and produces thousands of jobs for the people of Surrey. Being a film-friendly city, Surrey offers stunning scenes and world-class facilities and locations, perfect for filming variety of TV series, TV movies, feature films, Bollywood films, and commercials.

employment

The city's employment rate reached 61.3% on 2016 Census, while the City of Surrey's average household income is $85,390, 9.2% higher compare to $78,227 of BC based on CensusPlus, 2011.

recreation

The city of Surrey offers variety of recreational activities and programs for all ages and skill levels. Their state-of-the-art facilities offer many recreational spaces including gymnasiums, preschool rooms, fitness studios, weight rooms, pools, arenas, lounges and meeting space rentals. The coastal landscapes and the green space of the city offers countless outdoor activities. People can go kayaking at Nicomekl River or paddle boarding at Crescent Beach, while park and trails around the city are perfect for walking, biking and hiking.

sports

Surrey hosts the Canada Cup International Women's Fastpitch Tournament every summer. It starts as a developmental tournament aiming to help teams prepare for Olympics since 1993 until it evolved into one of the most prestigious international softball tournaments. Furthermore, Surrey also hosts the SX International Cup, one of Canada's premier soccer tournaments that usually takes place on Labour Day weekend at Newton Athletic Park in Surrey. Surrey is the home of BCHL Surrey Eagles hockey team who won the Fred Page Cup (1997, 1998, 2005 and 2013), the Doyle Cup (1997 and 1998), and the Royal Bank Cup (1998). As announced, Surrey would have a team in the Canadian Premier League, an upcoming fully professional, FIFA-sanctioned soccer league, that is expected to play on April 2019. Surrey played host to several National Hockey League players including Laurent Brossoit, Brenden Dillon, Colin Fraser, Scott Hannan, Gary Nylund, and Aaron Voros. Some of Surrey's notable athletes are Nuvraj Bassi, Curtis Fraser, Daniel Igali, Sydney Leroux, Adam Loewen, Alen Marcina, Victoria Moors, Shallon Olsen, and Geroy Simon.

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