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May 2024 Market Report — White Rock & South Surrey

The White Rock & South Surrey real estate market recorded 164 homes sold in May 2024 at an average sold price of $1,263,651. This report covers sales volume, average sold price, days on market, and overall market conditions to help buyers and sellers understand May 2024 trends.

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BalancedWhite 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.
164
Homes Sold
$1.26M
Avg Sold Price
27d
Avg Days on Market
$679,845
Avg $/sqft
Randy Dyck
Randy's Market Take

White Rock & South Surrey showed buyer-friendly conditions in May 2024 — there was more supply than usual, giving buyers extra time and negotiating leverage. The average sold price came in at $1,263,651, down 7% from the prior month — reflecting some softening in buyer competition. Homes averaged 27 days on market, which means there's still opportunity if you're ready to move decisively.

— Randy Dyck, Exp Realty

May 2024 Snapshot

Homes Sold164
Avg Sold Price$1,263,651
Avg Days on Market27 days
Avg Price per ft²$679,845

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

More Reports

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May 2024 — Frequently Asked

How did the White Rock & South Surrey real estate market perform in May 2024?+
In May 2024, 164 homes sold in White Rock & South Surrey at an average price of $1,263,651, with properties spending an average of 27 days on the market at $679,845 per square foot. Conditions were roughly balanced between buyers and sellers.
What does the absorption rate mean for White Rock & South Surrey in May 2024?+
White Rock & South Surrey has a sales-to-active listings ratio (SALR) of 6.5%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
What does the May 2024 market mean for buyers in White Rock & South Surrey?+
May 2024 presented White Rock & South Surrey buyers with a balanced environment — enough selection to find the right home without the pressure of a full seller's market. Financing approvals and thoughtful offers at or near list price remained effective strategies for securing a home.
What does the May 2024 market mean for sellers in White Rock & South Surrey?+
May 2024 offered White Rock & South Surrey sellers a stable window — demand was steady and well-priced homes sold in a reasonable timeframe. Setting a realistic asking price based on recent comparable sales and presenting the home well remained the most effective approach.
How did May 2024 compare to April 2024 in White Rock & South Surrey?+
Compared to April 2024, sales volume in White Rock & South Surrey was down 2% (168 vs 164 homes sold) and the average sold price was down 7% to $1,263,651. Days on market increased from 26 to 27 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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May 2024 Real Estate Market Report — White Rock & South Surrey | Randy Dyck | South Surrey White Rock Real Estate