Market Report › January 2024
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January 2024 Market Report — White Rock & South Surrey

The White Rock & South Surrey real estate market recorded 131 homes sold in January 2024 at an average sold price of $1,172,761. This report covers sales volume, average sold price, days on market, and overall market conditions to help buyers and sellers understand January 2024 trends.

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Seller'sWhite Rock & South Surrey is currently a buyer's market. 6.5% sales-to-active listings ratio — homes selling in an average of 36 days, at an average sold price of $1,195,532 — well-priced properties are attracting strong demand.
131
Homes Sold
$1.17M
Avg Sold Price
38d
Avg Days on Market
$644,190
Avg $/sqft
Randy Dyck
Randy's Market Take

White Rock & South Surrey showed buyer-friendly conditions in January 2024 — there was more supply than usual, giving buyers extra time and negotiating leverage. The average sold price came in at $1,172,761, down 13% from the prior month — reflecting some softening in buyer competition. At 38 average days on market, sellers need realistic pricing — buyers have the time to compare options and push back on overpriced homes.

— Randy Dyck, Exp Realty

January 2024 Snapshot

Homes Sold131
Avg Sold Price$1,172,761
Avg Days on Market38 days
Avg Price per ft²$644,190

12-Month Trend

Jul – Jun · MLS® sales data

Avg Sold Price
Homes Sold
Avg Days on Market
Avg $/sqft
Avg Price by Property Type
Sales Mix by Type (30d)
Randy Dyck
Randy Dyck
Exp Realty

Randy Dyck has been helping buyers and sellers navigate the South Surrey, White Rock, and Cloverdale markets for over two decades.

By Property Type (Current Period)

White Rock & South Surrey real estate sales by property type — January 2024. Includes homes sold, average sold price, days on market, active listings, and market type.
TypeSold (30d)Avg Sold PriceAvg DOMActiveMarket
Apartment26$786,76839d270Buyer's Market
Duplex0Contact0d39Buyer's Market
House25$1,975,74041d608Buyer's Market
Townhouse24$825,64227d232Buyer's Market

24-Month Trend

White Rock & South Surrey 24-month real estate market trend — homes sold, average sold price, days on market, and price per square foot. Data through January 2024.
MonthSoldAvg PriceAvg DOMAvg $/sqft
Jun92$1,178,35539d$685,926
May137$1,319,33139d$669,879
Apr171$1,253,86238d$649,261
Mar128$1,320,65745d$763,193
Feb94$1,180,12137d$645,630
Jan98$1,270,60867d$687,976
Dec79$1,276,26557d$649,241
Nov107$1,253,27958d$646,537
Oct126$1,341,98648d$656,808
Sep122$1,365,69543d$696,004
Aug107$1,262,04947d$648,352
Jul120$1,397,37644d$743,755
Jun163$1,322,62539d$744,590
May131$1,333,58233d$708,456
Apr144$1,224,19734d$714,977
Mar136$1,285,08429d$699,885
Feb118$1,418,68038d$757,197
Jan106$1,211,80048d$664,209
Dec82$1,245,89551d$643,491
Nov108$1,401,02444d$690,218
Oct137$1,288,24743d$725,397
Sep139$1,364,57532d$700,013
Aug114$1,577,07040d$709,580
Jul118$1,441,59833d$718,891

View by Property Type

Drill into January 2024 market data for a specific property type — each page includes type-filtered stats, trend data, and FAQs.

More Reports

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January 2024 — Frequently Asked

How did the White Rock & South Surrey real estate market perform in January 2024?+
In January 2024, 131 homes sold in White Rock & South Surrey at an average price of $1,172,761, with properties spending an average of 38 days on the market at $644,190 per square foot. Seller-favourable conditions kept inventory lean and prices firm.
What does the absorption rate mean for White Rock & South Surrey in January 2024?+
White Rock & South Surrey has a sales-to-active listings ratio (SALR) of 6.5%, well above the 20% threshold that defines a seller's market. At this pace, active listings are absorbed quickly, often resulting in multiple offers and sale prices near or above asking. If you're thinking of selling, current conditions are very favourable.
What does the January 2024 market mean for buyers in White Rock & South Surrey?+
For buyers in White Rock & South Surrey during January 2024, competition was elevated with lean inventory and limited time to make decisions. Preparing a strong pre-approval and working with a knowledgeable local agent helped buyers move quickly and structure competitive offers. Focusing on realistic must-haves over wish-lists also improved success rates in this environment.
What does the January 2024 market mean for sellers in White Rock & South Surrey?+
Sellers in White Rock & South Surrey during January 2024 benefited from strong demand, tight inventory, and motivated buyers. Well-prepared, properly priced homes attracted multiple showings and, in many cases, multiple offers. Timing and pricing strategy still mattered — overpriced listings stalled even in this market. A local comparative market analysis (CMA) helped sellers set the right list price.
How did January 2024 compare to December 2023 in White Rock & South Surrey?+
Compared to December 2023, sales volume in White Rock & South Surrey was up 70% (77 vs 131 homes sold) and the average sold price was down 13% to $1,172,761. Days on market decreased from 49 to 38 days.
“

Randy tracked the market data so closely that we felt completely confident in our offer price. He knew South Surrey inside out — the right neighbourhoods, the right buildings, the right timing. Highly recommend.

— Sarah M., South Surrey buyer
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January 2024 Real Estate Market Report — White Rock & South Surrey | Randy Dyck | South Surrey White Rock Real Estate