Houses Market Report

August 2023 Houses Market — White Rock & South Surrey

The White Rock & South Surrey houses market recorded 45 sales in August 2023 at an average sold price of $2,184,599. This report covers sales volume, pricing, and days on market for houses specifically.

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Buyer's MarketWhite Rock & South Surrey houses is currently a buyer's market. 4.1% sales-to-active listings ratio — homes selling in an average of 41 days, at an average sold price of $1,975,740 — well-priced properties are attracting strong demand.
45
Houses Sold
$2.18M
Avg Sold Price
39d
Avg Days on Market
$811,418
Avg $/sqft

August 2023 Houses Snapshot

Houses Sold45
Avg Sold Price$2,184,599
Avg Days on Market39 days
Avg Price per ft²$811,418

Houses Market Trend — White Rock & South Surrey

Sales Volume & Avg Sold Price — up to 24 months
MLS® data · sold properties
MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
June 202630$1,920,25041d$740,178Buyer's
May 202658$1,994,19636d$818,283Buyer's
April 202669$1,927,88838d$697,988Buyer's
March 202650$1,980,76642d$781,084Buyer's
February 202632$1,856,70342d$789,013Buyer's
January 202633$2,111,18278d$816,989Buyer's
December 202536$1,877,18164d$782,931Buyer's
November 202539$2,102,36375d$725,390Buyer's
October 202555$2,002,12557d$741,526Buyer's
September 202545$2,344,41461d$881,113Buyer's
August 202538$2,052,91848d$823,485Buyer's
July 202551$1,978,12853d$734,417Buyer's
June 202564$2,055,64741d$885,572Buyer's
May 202550$2,096,29236d$856,125Buyer's
April 202547$1,990,50542d$869,517Buyer's
March 202543$2,051,51233d$771,204Balanced
February 202546$2,194,10936d$878,665Buyer's
January 202527$2,276,77066d$879,526Buyer's
December 202428$1,906,04353d$836,873Buyer's
November 202442$2,130,72450d$839,448Buyer's
October 202457$1,932,93751d$858,700Buyer's
September 202455$2,056,96238d$832,209Buyer's
August 202446$2,647,06652d$974,756Buyer's
July 202447$2,250,92444d$879,091Buyer's
June 202460$2,220,85034d$855,317Balanced
May 202455$2,051,66128d$880,691Balanced
April 202458$2,119,71626d$883,117Balanced
March 202456$2,040,05232d$955,813Balanced
February 202458$2,646,44638d$1,031,472Buyer's
January 202437$2,074,75752d$917,923Buyer's
December 202330$2,174,17664d$843,210Buyer's
November 202329$2,128,34445d$897,492Buyer's
October 202333$2,266,63639d$932,383Buyer's
September 202351$2,400,04733d$1,007,621Balanced
August 202345$2,184,59939d$811,418Buyer's
July 202337$2,455,75728d$1,152,250Balanced

Frequently Asked Questions — White Rock & South Surrey Houses

How did the White Rock & South Surrey houses market perform in August 2023?+
In August 2023, 45 houses sold in White Rock & South Surrey at an average price of $2,184,599, with houses spending an average of 39 days on the market at $811,418 per square foot. Buyers had more choice and negotiating leverage.
What is the absorption rate for houses in White Rock & South Surrey?+
White Rock & South Surrey houses has a sales-to-active listings ratio (SALR) of 4.1%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
Is it a good time to buy a house in White Rock & South Surrey?+
The houses segment in White Rock & South Surrey is currently a buyer's market. The average sold price for houses is $1,975,740. Whether now is the right time depends on your personal timeline and budget. A well-informed local agent can identify current value opportunities and help structure a competitive offer in today's houses market.
What does the August 2023 market mean for house sellers in White Rock & South Surrey?+
In August 2023, houses sellers faced more competition with increased supply. Pricing accurately and investing in presentation were the key differentiators for a timely sale.
How did August 2023 compare to July 2023 for houses in White Rock & South Surrey?+
Compared to July 2023, houses sales in White Rock & South Surrey were up 22% (37 vs 45 sold) and the average sold price was down 11% to $2,184,599.
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What does the August 2023 houses market mean for you?

Randy can explain what these numbers mean for your specific situation — whether you're buying or selling houses in White Rock & South Surrey.

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August 2023 Houses Market Report — White Rock & South Surrey | Randy Dyck | South Surrey White Rock Real Estate