Condos Market Report

January 2026 Condos Market — South Surrey & Vancouver

The South Surrey & Vancouver condos market recorded 35 sales in January 2026 at an average sold price of $638,000. This report covers sales volume, pricing, and days on market for condos specifically.

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Seller's MarketSouth Surrey & Vancouver condos is currently a seller's market. 3.1% sales-to-active listings ratio — homes selling in an average of 15 days, at an average sold price of $642,000 — well-priced properties are attracting strong demand.
35
Condos Sold
$638K
Avg Sold Price
25d
Avg Days on Market
$705
Avg $/sqft

January 2026 Condos Snapshot

Condos Sold35
Avg Sold Price$638,000
Avg Days on Market25 days
Avg Price per ft²$705

Condos Market Trend — South Surrey & Vancouver

Sales Volume & Avg Sold Price — up to 24 months
MLS® data · sold properties
MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
May 202648$642,00017d$718Seller's
April 202658$655,00016d$725Seller's
March 202651$649,00018d$719Seller's
February 202642$644,00021d$712Balanced
January 202635$638,00025d$705Balanced
December 202538$631,00022d$698Balanced

Frequently Asked Questions — South Surrey & Vancouver Condos

How did the South Surrey & Vancouver condos market perform in January 2026?+
In January 2026, 35 condos sold in South Surrey & Vancouver at an average price of $638,000, with condos spending an average of 25 days on the market at $705 per square foot. Demand remained strong with limited supply.
What is the absorption rate for condos in South Surrey & Vancouver?+
South Surrey & Vancouver condos has a sales-to-active listings ratio (SALR) of 3.1%, well above the 20% threshold that defines a seller's market. At this pace, active listings are absorbed quickly, often resulting in multiple offers and sale prices near or above asking. If you're thinking of selling, current conditions are very favourable.
Is it a good time to buy a condo in South Surrey & Vancouver?+
The condos segment in South Surrey & Vancouver is currently a seller's market. The average sold price for condos is $642,000. Whether now is the right time depends on your personal timeline and budget. A well-informed local agent can identify current value opportunities and help structure a competitive offer in today's condos market.
What does the January 2026 market mean for condo sellers in South Surrey & Vancouver?+
Condos sellers in South Surrey & Vancouver during January 2026 benefited from tight supply and motivated buyers. Well-presented, properly priced condos attracted strong activity. A local CMA ensures your list price is calibrated to current sold data.
How did January 2026 compare to December 2025 for condos in South Surrey & Vancouver?+
Compared to December 2025, condos sales in South Surrey & Vancouver were down 8% (38 vs 35 sold) and the average sold price was up 1% to $638,000.
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What does the January 2026 condos market mean for you?

Sharene can explain what these numbers mean for your specific situation — whether you're buying or selling condos in South Surrey & Vancouver.

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