White Rock / South Surrey Detached Home Update for March 2024
Following are some of the highlights for detached homes in White Rock / South Surrey in March 2024:
- There were 66 detached home sales in White Rock / South Surrey in March 2024 – a change of -19.51% over March 2023 and a change of 17.86% over February 2024
- There were 175 new listings of detached homes in White Rock / South Surrey in March 2024 – a change of 20.69% over March 2023 and a change of 6.06% over February 2024
- The average price of a detached home in White Rock / South Surrey in March 2024 was $2,012,289 – a change of 5.79% over March 2023 and a change of -0.55% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 18.49%, indicating a Balanced Market for detached homes in White Rock / South Surrey in March 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: White Rock / South Surrey Detached Home Market Update March 2024.
White Rock / South Surrey Townhouse Update for March 2024
Following are some of the highlights for townhouses in White Rock / South Surrey in March 2024:
- There were 69 townhouse sales in White Rock / South Surrey in March 2024 – a change of 27.78% over March 2023 and a change of 53.33% over February 2024
- There were 99 new listings of townhouses in White Rock / South Surrey in March 2024 – a change of 47.76% over March 2023 and a change of 6.45% over February 2024
- The average price of a townhouse in White Rock / South Surrey in March 2024 was $1,000,241 – a change of -0.08% over March 2023 and a change of -7.71% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 51.49%, indicating a Seller's Market for townhouses in White Rock / South Surrey in March 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: White Rock / South Surrey Townhouse Market Update March 2024.
White Rock / South Surrey Condominium Update for March 2024
Following are some of the highlights for condominiums in White Rock / South Surrey in March 2024:
- There were 60 condominium sales in White Rock / South Surrey in March 2024 – a change of -33.33% over March 2023 and a change of -11.76% over February 2024
- There were 111 new listings of condominiums in White Rock / South Surrey in March 2024 – a change of -9.76% over March 2023 and a change of -22.38% over February 2024
- The average price of a condominium in White Rock / South Surrey in March 2024 was $810,331 – a change of 21.78% over March 2023 and a change of 17.75% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 26.79%, indicating a Seller's Market for condominiums in White Rock / South Surrey in March 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: White Rock / South Surrey Condominium Market Update March 2024.
*Disclaimer*
All of the data for the monthly real estate market updates are taken directly from the statistics packages that the Fraser Valley Real Estate Board publishes every month.
Although rare, errors and omissions may happen from time to time. If you want to be absolutely certain the you have the most accurate data, we encourage you to click on the link to the FVREB’s current statistics package.