White Rock & South Surrey Housing Market Trends
The White Rock Housing Market and South Surrey Housing Market form a connected but varied residential area, from White Rock’s compact seaside neighbourhoods and Town Centre condos to South Surrey’s newer townhome communities, detached homes, larger lots and rural properties. These White Rock Market Statistics and South Surrey Market Statistics track White Rock Home Prices and South Surrey Home Prices, sales, inventory, new listings and sales-to-active-listings ratios by property type so buyers and sellers can see how the White Rock Real Estate Market and South Surrey Real Estate Market are changing.
White Rock Real Estate Prices and South Surrey Real Estate Prices can differ considerably because the two areas have different housing mixes, topography, lot sizes and development patterns. White Rock Housing Prices and South Surrey Housing Prices are more useful when compared within the relevant property type and location, while White Rock Sold Prices and South Surrey Sold Prices help provide local context. Use the charts below to compare current conditions, then explore White Rock & South Surrey Homes for Sale and our monthly Market Statistics videos for broader market commentary.
How to Read White Rock Market Charts
Interpreting these charts is not difficult, but it might take a few minutes of study the first time you look.
MLS® HPI Price: Indicates the current sale price of a “representative” house, condo or townhouse. The exact number isn’t what’s important here – look at the trends to assess how the market is moving relative to the past three years.
Median Sales Price: The median sales price is the middle price of all homes sold in a specific period. Half of the sales were above this price, and half were below. It reflects the actual prices buyers and sellers agreed on, but it can swing up or down depending on what types of homes happened to sell that month (e.g., more luxury homes or more entry-level units).
Total Inventory: The total number of homes currently listed for sale at the end of the month. This shows how much supply is available in the market. Rising inventory usually signals more selection for buyers, while declining inventory can indicate tightening conditions and increased competition.
New Listings: The number of homes that were newly added to the market during the month. This shows how much fresh supply is entering the market. Higher levels of new listings mean more options for buyers, while lower levels can signal limited selection and increased competition for available homes.
Sales: The total number of homes that successfully sold during the month. The stronger the market, the greater the number of sales!
Sales to Active Ratio: This ratio is widely used by industry insiders to quantify the strength of the market. It represents the percentage of the available inventory that is sold each month. Generally speaking, a ratio of below 0.12 indicates a slow market (“a buyer’s market”), while a ratio of over 0.20 indicates a hot market (“a seller’s market”), with many more buyers than sellers and intense competition for properties. A ratio between 0.12 and 0.20 reflects a “balanced” market, where the number of sellers and the number of buyers are roughly balanced.
Find more in depth reports below.
Where These White Rock & South Surrey Real Estate Statistics Come From
Greater Vancouver Realtors® (GVR) reports South Surrey & White Rock as a combined statistical area. The charts on this page track White Rock Home Prices and South Surrey Home Prices together with sales, inventory, new listings and sales-to-active-listings ratios for detached homes, townhouses and condos across the combined White Rock Housing Market and South Surrey Housing Market.
These White Rock Real Estate Statistics and South Surrey Real Estate Statistics are updated as new monthly data becomes available. Reviewing several months of White Rock Market Statistics and South Surrey Market Statistics provides better context than relying on one month alone, especially when White Rock Real Estate Prices and South Surrey Real Estate Prices are moving differently by property type or local submarket. For broader regional comparisons, see our Market Statistics page.