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SOUTH SURREY/WHITE ROCK RESALE MARKET SUMMARY

MLS Resale Highlights

When compared to the same quarter last year, the total number of listings increased by 40 while resales decreased by three

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The months of supply for resales for High Rise, Low Rise, and Townhome product has increased by 3.9, 1.8, and 1.0 months, respectively, when compared to the Fourth Quarter of 2022

Average per square foot sale values for High Rise and Low Rise units increased by $89 and $7, respectively, when compared to the Fourth Quarter of 2022

High Rise products have seen a decrease in average days spent on the market, averaging 52 fewer days on the market and Low Rise products also saw a decrease of two days when compared to the Fourth Quarter of 2022

One and two bedroom Low Rise units saw an increase in average price per square foot on sold units by $25 and $83, respectively, over the past year

Two bedroom and three bedroom Townhomes saw an increase in average sales price by $130,650 and $24,934 when compared to the same quarter last year

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