The South Surrey, Morgan Creek, White Rock Housing Market Trends 

 


  White Rock - South Surrey Real Estate Market Reports and Forecasts

South Surrey White Rock Market Update
Morgan Creek, Morgan Heights, Rosemary Heights, Elgin, Chantrell, White Rock, Grandview Surrey,  King George Corridor, Pacific Douglas,and all the sub-areas of White Rock and South Surrey Real Estate Market Update Report.

What are South Surrey White Rock's Best and Worst Investments?

Mar  1, 2019

gas gauge

Current:  White Rock South Surrey is in a Buyer Market with average listing inventories, 6 %SOLD rates and a 96% Sell/List Ratio. 
(This means that  there is an average of a $60,000 discount on a sale from the original list price)

Most Active Range:  Homes below $900,000 have 21.2 %SOLD rate. 
Least Active Range: Homes above $3 mill. have 0.6 %SOLD rate.

History: The S. Surrey White Rock Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $122,277.
                 The S. Surrey White Rock Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $131,953.
                     *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: White Rock South Surrey has average Listing supply; 633 homes are for sale and with the 6 %SOLD monthly rate gives us a ~17 months of inventory. 6% of the active listings have reduced their price by $85,285 on average or $56,000 median for the last month. We project White Rock South Surrey to be a continued Buyer market.

April's Real Estate Statistics shows some of our Markets are NORMALIZING with 52% of Vancouver's Detached Markets increasing values this month. Generally, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $8,007 which is a decline from last month's $5,048 price drop. On Average, the Fraser Valley's Market continues to show monthly price increase of $1,019. The following month's forecasts are: a Buyer's Detached Market across most of Vancouver and a Stable Market over most of the Fraser Valley.

Currently, the Condo Market presents a Warm Market with 56% of the Greater Vancouver (Lower Mainland) are increasing prices. On the other hand, 63% of the Townhouse Markets are decreasing. (13 out of 28 Markets). We are forecasting a stable Market in most Condo and Townhouse Markets for the coming month. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

 


   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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Single Family Detached High End .. more than $1,600,000       

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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
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We thank Stewart Peddemors for his support of these South Surrey White Rock Real Estate Market Updates which include sub-areas such as Elgin Chantrell, White Rock, King George Corridor, Pacific Douglas, Grandview Surrey etc. Contact Stewart as the Local Expert..... more details.

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

Download the full White Rock South Surrey.Marketupdatereport.PDF

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

South Surrey White Rock Real Estate Market update includes the sub areas Pacific Douglas, Elgin Chantrell, White Rock, Grandview Surrey, King George Corridor etc.

The sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc. sub areas of White Rock South Surrey

This South Surrey White Rock Real Estate Market update includes the sub areas White Rock, Grandview Surrey, King George Corridor, Pacific Douglas, Elgin Chantrell etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

Real Estate Market Analysis Reports Previous Report

 White Rock - South Surrey

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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