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White Rock / South Surrey Detached Update January 2021

Tagged with: Detached Homes, FVREB, Fraser Valley Real Estate Board, House, January, Real Estate, South Surrey, Statistics, White Rock, south surrey homes, white rock homes, 2021

The Fraser Valley Real Estate Board recently published the statistics for the White Rock, south surrey real estate market, among others, for January 2021.

In this post, we’re going to take a close look at key numbers for the White Rock, south surrey Detached home market for January 2021 – including sales, new listings, active listings, as well as benchmark, median and average prices for White Rock, south surrey Detached homes.

White Rock, south surrey Detached Home Featured Listings

We’re also going to see what kind of shape the Detached home market in White Rock, south surrey was in for the month – whether it was a buyer’s market, a balanced market, or a seller’s market.

And we’re going to look at how the numbers for January 2021 compare with the numbers for January 2020 and for December 2021.

Key Highlights of the White Rock, south surrey Real Estate Market for Detached Homes

Here’s a high-level snapshot of what went on with the market for Detached homes in White Rock, south surrey for January 2021.

  • 116 Sales
  • 210 New Listings
  • 311 Active Listings
  • $1,479,500 Benchmark Price
  • $1,490,357 Median Price
  • $1,701,500 Average Price

January 2021 was a Seller's Market for White Rock, south surrey Detached Homes

The sales-to-active-listings ratio netted out a market absorption rate of 37.30%, indicating that it was a Seller's Market for Detached homes in White Rock, south surrey in January 2021 (click on the link learn more about local housing market ratios on the BC Real Estate Association blog).

Please note: If you want the most accurate information on how the market’s doing, you need to speak with a real estate agent.

You can contact me by clicking on this link or – better yet – by calling me at 604-961-1067.

In the section that follows, we’re going to run through a quick summary of the key numbers and look at the changes over the previous month and over the previous year.

White Rock, south surrey Detached Home Market Changes

Following are some of the highlights for Detached homes in White Rock, south surrey in January 2021:

  • There were 116 Detached home sales in White Rock, south surrey in January 2021 – a change of 100.00% over January 2020 and a change of -27.50% over December 2021
  • There were 210 new listings of Detached homes in White Rock, south surrey in January 2021 – a change of 34.62% over January 2020 and a change of 147.06% over December 2021
  • The benchmark price of a Detached home in White Rock, south surrey in January 2021 was $1,479,500 – a change of 13.76% over January 2020 and a change of 1.97% over December 2021

White Rock, south surrey Detached Home Featured Listings

Interested in seeing how the White Rock, south surrey real estate market stacks up against the BC real estate market as a whole? Then check out the video below from the BC Real Estate Association.

BC Real Estate Association Market Update for January 2021

Take a few minutes to watch the video below if you’re interested in learning what the BC Real Estate Association has to say about the BC real estate market for January 2021.


If you’re really keen to understand what happened in the market for Detached home in White Rock, south surrey in January 2021, make sure you check out the next section.

Detailed Overview of the Market for Detached Homes in White Rock, south surrey

Check out the table below for more detailed information on what happened in the White Rock, south surrey Detached home market in January 2021 and see how it compares with the previous year and previous month.

Metric January 2021 January 2020 % Change December 2021 % Change
Sales 116 58 100.00% 160 -27.50%
New Listings 210 156 34.62% 85 147.06%
Active Listings 311 398 -21.86% 273 13.92%
Benchmark Price $1,479,500 $1,300,500 13.76% $1,450,900 1.97%
Median Price $1,490,357 $1,187,500 25.50% $1,460,000 2.08%
Average Price $1,701,500 $1,296,488 31.24% $1,615,223 5.34%

Last 3 Months of White Rock, south surrey Detached Home Market Data

If you want a longer view back on the White Rock, south surrey Detached home market then check out the table below.

Month Year Sales New Listings Active Listings Benchmark Price Median Price Average Price
February 2024 56 165 302 $1,887,100 $1,807,500 $2,023,424
January 2024 34 107 250 $1,885,900 $1,604,000 $1,896,073
December 2023 35 33 242 $1,906,000 $1,742,857 $1,953,955

Disclaimer

All of the data for the monthly real estate market updates are taken directly from the statistics packages that the Fraser Valley Real Estate Board publishes every month.

Although rare, errors and omissions may happen from time to time. If you want to be absolutely certain the you have the most accurate data, we encourage you to click on the link to the current statistics package for the real estate market.

Or, better still, call me at 604-961-1067 or click on the link to email me for the most accurate, up to the minute information on – and insights into – the real estate market.

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