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SOUTH SURREY/WHITE ROCK RESALE MARKET SUMMARY
When compared to the same quarter last year, the total number of listings and resales have decreased by four and 140, respectively
The months of supply for resales for High Rise, Low Rise, and Townhome product has increased by 4.9, 0.9, and 0.8 months, respectively, when compared to the First Quarter of 2022
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Average per square foot sale values for High Rise and Low Rise units decreased by $130 and $94, respectively, when compared to the First Quarter of 2022
High Rise and Low Rise products have seen an increase in average days spent on the market, averaging 46 and 31 more days on the market when compared to the First Quarter of 2022
One and two bedroom Low Rise units saw a decrease in average price per square foot on sold units by $123 and $110, respectively, over the past year
Two and three bedroom townhome product saw a decrease in average sales price by $197,853 and $161,425, respectively, compared to the same quarter last year
