Fraser Valley

S SURREY WHITE ROCK

APRIL 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Community CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 0 1

0 0 0 1

NA NA NA

Crescent Beach Ocean Park

4

5 2

125%*

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

Elgin Chantrell

13

15% 40% 38% 56% 11% 25% 37% NA

Grandview Hazelmere

111

44

100%

0

0

15 37 65 50 58 60

12 20 24 15 18 18 28 15

80% 54% 37% 30% 31% 30% 37% 45% 10%

King George Corridor

78 18 28 23

30 10 24 36 3

Morgan Creek Pacific Douglas Sunnyside Park

104%*

White Rock

142 417

TOTAL*

154

1,000,001 – 1,250,000 75 1,250,001 – 1,500,000 33 1,500,001 – 1,750,000 10 1,750,001 – 2,000,000 3 2,000,001 – 2,250,000 2 2,250,001 – 2,500,000 2 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 1 3,000,001 – 3,500,000 2 3,500,001 – 4,000,000 3

1 0 0 1 1 0 0 0 0

NA NA

50% NA*

NA NA NA NA

4,000,001 & Greater

0

TOTAL*

417

154

37%

0 to 1 Bedroom

42

19 79 32 24

45% 36% 33% 43% 37%

2 Bedrooms 3 Bedrooms

221

98 56

4 Bedrooms & Greater

TOTAL*

417

154

SnapStats®

March

April 417 154 $659 99%

Variance

Inventory

354 129

18% 19%

Solds

Sale Price

$887,000 $839,750 -5%

Sale Price SQFT

$657 99%

0% 0%

Sale to List Price Ratio

Days on Market

14

12

-14%

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator S SURREY WHITE ROCK ATTACHED : Sellers Market at 37% Sales Ratio average (3.7 in 10 homes selling rate) • Homes are selling on average 1% below list price • Most Active Price Band** $400,000 to $500,000 with average 80% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $1.5 mil to $1.75 mil, Elgin Chantrell, Pacific Douglas and 3 bedroom properties • Sellers Best Bet** Selling homes in Morgan Creek, Sunnyside Park and up to 1 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$887,000

13 Month Market Trend

$841,250

$839,750

$823,500

$799,000

$798,000

$788,574 $782,500 $788,000

$780,000

$762,500

$746,500 $774,000

417

377

359

354

336

335

320

309

294

289

277

255

248

154

129

124

113

108

107

92

88

84

69

173

144

139 APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on May 1, 2024 from the Fraser Valley Real Estate Board MLS®. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.