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?

Mar 1, 2021

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Current:  White Rock South Surrey is in a Seller Market with average listing inventories, 32 %SOLD rates and a 99% Sell/List Ratio. 
                  (This means that  there is an average of a $8,884 discount on a sale from the original list price)

Most Active Range:  Homes between $1.25 mill. - $1.35 mill. have 61.5 %SOLD rate. 
Least Active Range: Homes between $1.35 mill. - $1.45 mill. have 1.8 %SOLD rate.

History: The S. Surrey White Rock Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $491,138.
               The S. Surrey White Rock Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $290,633..
                        *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: White Rock South Surrey has average Listing supply; 365 homes are for sale and with the 32 %SOLD monthly rate gives us a ~3 months of inventory. 5% of the active listings have reduced their price by $73,211 on average or $50,000 median for the last month. We project White Rock South Surrey to be a continued Seller market.

March's Real Estate Statistics show that we are still in the highly emotional "Gold Fever"market. We have seen 100% of the Single-Family Homes in Metro Vancouver go up this month with most buyers competing in bidding wars. The Average Monthly Price increase is a whopping $84,263! This is the Highest Price increase on record since 2016. ON the other hand, 100% of Fraser Valley Detached Markets went up this month with a whopping $60,306 monthly price changes on average. This seller's market is partly due to the fact that we have Low listing levels. We are forecasting that in the Metro Vancouver Markets will continue to be a Strong Seller's Market for the coming month.

Currently, Condos are in a more subdued Seller's Market with 100% of the Greater Vancouver (Lower Mainland) Condo Prices increasing. The average monthly price increase was a $17,534. At the same time, all Townhouse Markets increased an average of $37,065. We analyze and provides 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.


   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

 

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 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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