The South Surrey, Morgan Creek, White Rock Housing Market Trends 

 


  White Rock - South Surrey Real Estate Market Reports and Forecasts

South Surrey White Rock Market Update
Morgan Creek, Morgan Heights, Rosemary Heights, Elgin, Chantrell, White Rock, Grandview Surrey,  King George Corridor, Pacific Douglas,and all the sub-areas of White Rock and South Surrey Real Estate Market Update Report.

What are South Surrey White Rock's Best and Worst Investments?

Archive Peak to Date Price Changes

Nov 1, 2024

gas gauge

Current:  White Rock South Surrey is in a Stable Market with average listing inventories, 10 %SOLD rates and a 97 % Sell/List Ratio. 
                  (This means that there is an average of a $55,000 discount on a sale from the original list price)

Most Active Range:  Homes below $1.5 mill. have 27.0 %SOLD rate. 
Least Active Range: Homes above $6 mill.  mill have 0 %SOLD rate.

History: The S. Surrey White Rock Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $111,369.
               The S. Surrey White Rock Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $21,063.
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: White Rock South Surrey has average Listing supply; 596 homes are for sale and with the 10 %SOLD monthly rate gives us a ~10 months of inventory. 9% of the active listings have reduced their price by $98,911 on average or $70,850 median for the last month. We project White Rock South Surrey to be a continued Stable market.

Greater Vancouver October 2024:

October's real estate report shows that 52% of detached homes in Greater Vancouver lost value this month. On average, single-family homes in Metro Vancouver saw a price drop of $1,045. With mortgage rates going down, buyers will be more active, especially in the condo and townhouse markets. We forecast that the Metro Vancouver area to remain a buyer's market until the end of the year.

In October, the average price of condos decreased by $3,925, and townhouses saw a decline of $3,155. We forecast that the condo and townhouse markets will remain a buyer's market in the coming months.

To keep up with the latest market trends, tune in every Saturday at noon on VancouverMarketReports.com. We analyze which areas in the Lower Mainland are rising or falling. For a full update on market values, forecasts, and a detailed analysis of your neighborhood, reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley October 2024:

October's real estate statistics show that 50% of detached homes in the Fraser Valley lost value this month. Overall, single-family homes in the Fraser Valley had an average price drop of $2,083. With mortgage rates going down, buyers will be more active, especially in the condo and townhouse markets. For now, we expect the Fraser Valley to remain a buyer's market until the end of the year.

In October, the average price of condos decreased by $1,364, and townhouses saw a decline of $940. We forecast that the condo and townhouse markets will remain a buyer's market in the coming months.

To keep up with the latest market trends, tune in every Saturday at noon on VancouverMarketReports.com. We analyze which areas in the Lower Mainland are rising or falling. For a full update on market values, forecasts, and a detailed analysis of your neighborhood, reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

 


   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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We thank Stewart Peddemors for his support of these South Surrey White Rock Real Estate Market Updates which include sub-areas such as Elgin Chantrell, White Rock, King George Corridor, Pacific Douglas, Grandview Surrey etc. Contact Stewart as the Local Expert..... more details.

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

Download the full White Rock South Surrey.Marketupdatereport.PDF

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

This South Surrey White Rock Real Estate Market update includes the sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

Real Estate Market Analysis Reports Previous Report

 White Rock - South Surrey

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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