Duplexes Market Report

February 2024 Duplexes Market — White Rock & South Surrey

The White Rock & South Surrey duplexes market recorded 2 sales in February 2024 at an average sold price of $1,397,500. This report covers sales volume, pricing, and days on market for duplexes specifically.

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Buyer's MarketWhite Rock & South Surrey duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
Duplexs Sold
$1.4M
Avg Sold Price
80d
Avg Days on Market
$583,750
Avg $/sqft

February 2024 Duplexes Snapshot

Duplexs Sold2
Avg Sold Price$1,397,500
Avg Days on Market80 days
Avg Price per ft²$583,750

Duplexes Market Trend — White Rock & South Surrey

Sales Volume & Avg Sold Price — up to 24 months
MLS® data · sold properties
MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
May 20268$1,193,16337d$691,310Buyer's
April 20267$1,197,72436d$754,283Buyer's
March 20262$1,230,00019d$501,666Seller's
February 20263$1,285,33323d$642,667Balanced
January 20265$1,382,00017d$588,833Seller's
December 20251$1,230,000125d$615,000Buyer's
November 20251$1,265,0002d$632,500Seller's
October 20251$1,557,14215d$519,047Seller's
September 20254$1,184,97661d$771,534Buyer's
August 20252$1,379,00041d$855,667Buyer's
May 20252$1,243,7503d$621,875Seller's
April 20251$1,150,00035d$575,000Balanced
March 20251$1,348,00018d$674,000Seller's
January 20251$1,189,0005d$1,189,000Seller's
December 20242$1,422,50023d$711,250Balanced
November 20241$999,0004d$999,000Seller's
October 20242$1,300,00046d$960,000Buyer's
July 20241$1,313,00019d$656,500Seller's
June 20244$1,304,45029d$652,225Balanced
May 20242$1,382,75013d$1,015,500Seller's
April 20241$1,500,0006d$750,000Seller's
March 20242$1,282,50020d$641,250Balanced
February 20242$1,397,50080d$583,750Buyer's
November 20231$1,350,00019d$675,000Seller's
October 20231$515,00027d$786Balanced
September 20231$1,660,00011d$553,333Seller's
August 20231$1,350,0008d$675,000Seller's
July 20232$1,458,75022d$729,375Balanced

Frequently Asked Questions — White Rock & South Surrey Duplexes

How did the White Rock & South Surrey duplexes market perform in February 2024?+
In February 2024, 2 duplexes sold in White Rock & South Surrey at an average price of $1,397,500, with duplexes spending an average of 80 days on the market at $583,750 per square foot. Buyers had more choice and negotiating leverage.
What is the absorption rate for duplexes in White Rock & South Surrey?+
White Rock & South Surrey duplexes has a sales-to-active listings ratio (SALR) of 10.1%, 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 duplex in White Rock & South Surrey?+
The duplexes segment in White Rock & South Surrey is currently a buyer's market. 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 duplexes market.
What does the February 2024 market mean for duplex sellers in White Rock & South Surrey?+
In February 2024, duplexes sellers faced more competition with increased supply. Pricing accurately and investing in presentation were the key differentiators for a timely sale.
How did February 2024 compare to November 2023 for duplexes in White Rock & South Surrey?+
Compared to November 2023, duplexes sales in White Rock & South Surrey were up 100% (1 vs 2 sold) and the average sold price was up 4% to $1,397,500.
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What does the February 2024 duplexes market mean for you?

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

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February 2024 Duplexes Market Report — White Rock & South Surrey | Randy Dyck | South Surrey White Rock Real Estate