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White Rock / South Surrey Real Estate Market MLS® Roundup

White Rock / South Surrey Detached Home Update for May 2022

Following are some of the highlights for detached homes in White Rock / South Surrey in May 2022:

  • There were 62 detached home sales in White Rock / South Surrey in May 2022 – a change of -67.02% over May 2021 and a change of -31.87% over April 2022
  • There were 205 new listings of detached homes in White Rock / South Surrey in May 2022 – a change of -22.35% over May 2021 and a change of -10.09% over April 2022
  • The average price of a detached home in White Rock / South Surrey in May 2022 was $2,122,752 – a change of 11.64% over May 2021 and a change of -0.60% over April 2022

The sales-to-active listings ratio netted out a market absorption rate of 14.35%, indicating a Balanced Market for detached homes in White Rock / South Surrey in May 2022 (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 May 2022.

White Rock / South Surrey Townhouse Update for May 2022

Following are some of the highlights for townhouses in White Rock / South Surrey in May 2022:

  • There were 59 townhouse sales in White Rock / South Surrey in May 2022 – a change of -49.57% over May 2021 and a change of -16.90% over April 2022
  • There were 135 new listings of townhouses in White Rock / South Surrey in May 2022 – a change of 18.42% over May 2021 and a change of -9.40% over April 2022
  • The average price of a townhouse in White Rock / South Surrey in May 2022 was $1,045,610 – a change of 24.94% over May 2021 and a change of -8.02% over April 2022

The sales-to-active listings ratio netted out a market absorption rate of 33.15%, indicating a Seller's Market for townhouses in White Rock / South Surrey in May 2022 (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 May 2022.

White Rock / South Surrey Condominium Update for May 2022

Following are some of the highlights for condominiums in White Rock / South Surrey in May 2022:

  • There were 70 condominium sales in White Rock / South Surrey in May 2022 – a change of -44.00% over May 2021 and a change of -26.32% over April 2022
  • There were 117 new listings of condominiums in White Rock / South Surrey in May 2022 – a change of -15.22% over May 2021 and a change of -12.03% over April 2022
  • The average price of a condominium in White Rock / South Surrey in May 2022 was $670,438 – a change of 16.89% over May 2021 and a change of -15.81% over April 2022

The sales-to-active listings ratio netted out a market absorption rate of 42.68%, indicating a Seller's Market for condominiums in White Rock / South Surrey in May 2022 (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 May 2022.

*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.

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