White Rock / South Surrey Townhouse Market Update January 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 January 2025.

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

We're also going to see what kind of shape the townhouse 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.

The market appears to be in a holding pattern at the moment. There is no doubt that economic uncertainty is playing a role, especially the spectre of a trade war, which could lead to even more rate cuts by the Bank of Canada. The confluence of these conditions could provide unique buying opportunities, but we urge buyers and sellers to work with a REALTOR® to ensure they align with financial objectives.

Baldev Gill – President, Fraser Valley Real Estate Board

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

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

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

  • 33 Sales
  • 117 New Listings
  • 200 Active listings
  • $934,600 Benchmark Price
  • $1,010,000 Median Price
  • $1,046,942 Average Price

The sales-to-active-listings ratio netted out a market absorption rate of 16.50%, indicating that it was a Balanced Market for townhouses in White Rock / South Surrey in January 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 townhouses, you need to speak with a real estate agent.

White Rock / South Surrey Townhouse Market Changes

Following are some of the highlights for townhouses for sale in White Rock / South Surrey in January 2025:

  • There were 33 townhouse sales in White Rock / South Surrey in January 2025 – a decrease of -13.16% over January 2024 and a decrease of -17.50% over December 2024
  • There were 117 new listings of townhouses in White Rock / South Surrey in January 2025 – an increase of 42.68% over January 2024 and an increase of 234.29% over December 2024
  • The average price of a townhouse in White Rock / South Surrey in January 2025 was $1,046,942 – an increase of 4.72% over January 2024 and an increase of 1.58% over December 2024

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

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

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

White Rock / South Surrey Townhouse Stats

Metric Jan 2025 Jan 2024 % Change Dec 2024 % Change
Sales 33 38 -13.16% 40 -17.50%
New Listings 117 82 42.68% 35 234.29%
Active Listings 200 104 92.31% 170 17.65%
Benchmark Price $934,600 $950,500 -1.67% $932,000 0.28%
Median Price $1,010,000 $959,950 5.21% $893,500 13.04%
Average Price $1,046,942 $999,765 4.72% $1,030,642 1.58%

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 townhouses 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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