White Rock / South Surrey Detached Home Market Update March 2025

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The Fraser Valley Real Estate Board recently published the MLS® statistics for the White Rock / South Surrey real estate market, among others, for March 2025.

In this post, we’re going to take a close look at key numbers for the White Rock / South Surrey detached home market for March 2025 – including sales, new listings, active listings, as well as benchmark, median and average prices for detached homes for sale in White Rock / South Surrey.

We're also going to see what kind of shape the detached home market in White Rock / South Surrey was in for the month – whether it was a buyer's market, a balanced market, or a seller's market.

If not for the economic uncertainty driven largely by U.S. tariffs, we'd likely be seeing a typical strong spring market in the Fraser Valley. Instead, we're seeing a disconnect as sellers remain hesitant to lower their prices beyond a certain threshold, while buyers, facing tighter financing conditions, are either unable or unwilling to meet it. The resulting inertia is keeping sales low.

Tore Jacobsen – President, Fraser Valley Real Estate Board

And we're going to look at how the White Rock / South Surrey MLS® numbers for March 2025 compare with the numbers for March 2024 and for February 2025.

Highlights of FVREB MLS® Data on White Rock / South Surrey Detached Home Listings and Sales

Here's a high-level snapshot of listing and sales activity for White Rock / South Surrey detached homes in March 2025.

  • 41 Sales
  • 219 New Listings
  • 549 Active listings
  • $1,904,300 Benchmark Price
  • $1,830,888 Median Price
  • $2,007,258 Average Price

The sales-to-active-listings ratio netted out a market absorption rate of 7.47%, indicating that it was a Buyer's Market for detached homes in White Rock / South Surrey in March 2025 (click on the link learn more about local housing market ratios on the BC Real Estate Association blog).

Please note: If you want the most accurate and up-to-date data on White Rock / South Surrey MLS® listing and sales activity for detached homes, you need to speak with a real estate agent.

White Rock / South Surrey Detached Home Market Changes

Following are some of the highlights for detached homes for sale in White Rock / South Surrey in March 2025:

  • There were 41 detached home sales in White Rock / South Surrey in March 2025 – a decrease of -37.88% over March 2024 and an increase of 5.13% over February 2025
  • There were 219 new listings of detached homes in White Rock / South Surrey in March 2025 – an increase of 25.14% over March 2024 and an increase of 34.36% over February 2025
  • The average price of a detached home in White Rock / South Surrey in March 2025 was $2,007,258 – a decrease of -0.25% over March 2024 and a decrease of -5.19% over February 2025

If you're really keen to understand what happened in the market for detached home in White Rock / South Surrey in March 2025, make sure you check out the next section.

Detailed Overview of the Market for Detached Homes in White Rock / South Surrey

Check out the table below for more detailed information on what happened in the White Rock / South Surrey detached home market in March 2025 and see how it compares with the previous year and previous month.

White Rock / South Surrey Detached Home Stats

Metric Mar 2025 Mar 2024 % Change Feb 2025 % Change
Sales 41 66 -37.88% 39 5.13%
New Listings 219 175 25.14% 163 34.36%
Active Listings 549 357 53.78% 454 20.93%
Benchmark Price $1,904,300 $1,980,700 -3.86% $1,879,800 1.30%
Median Price $1,830,888 $1,743,000 5.04% $1,900,000 -3.64%
Average Price $2,007,258 $2,012,289 -0.25% $2,117,166 -5.19%

Disclaimer

All of the data for the monthly real estate market updates are taken directly from the MLS® 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 latest MLS® statistics for the White Rock / South Surrey real estate market.

Or, better still, speak directly with a real estate agent who specializes in White Rock / South Surrey detached homes who will be able to provide you with the most accurate, up to the minute information on – and insights into – the White Rock / South Surrey real estate market.

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