- \n
- Single Family Detached:<\/strong>\u00a0At $1,530,200, the Benchmark price for an FVREB\u00a0single-family detached<\/em>\u00a0home increased 0.2 per cent compared to April 2024 and increased 2.9 per cent compared to May 2023.<\/li>\n
- Townhomes:\u00a0<\/strong>At $853,800, the Benchmark price for an FVREB\u00a0townhome<\/em>\u00a0decreased 0.03 per cent compared to April 2024 and increased 3.4 per cent compared to May 2023.<\/li>\n
- Apartments:\u00a0<\/strong>At $555,100, the Benchmark price for an FVREB\u00a0apartment\/condo<\/em>\u00a0decreased 0.1 per cent compared to April 2024 and increased 2.9 per cent compared to May 2023.<\/li>\n<\/ul>\n
South Surrey & White Rock Spotlight:<\/strong><\/p>\n
In South Surrey & White Rock<\/a>, Detached Homes are in balanced market conditions, at an 16% sales ratio (1.6 in 10 homes selling). The most active price band is the $1,250,000 – $1,500,000 range. Average sale price sits at $1,775,000. In the luxury segment, there are currently 25 properties listed above $5 million<\/a>.<\/p>\n
Attached homes in South Surrey & White Rock continue to sit in Sellers Market territory, with 3 in 10 homes selling. The most active price band is the $400,000 – $500,000 range. Average sale price sits at $822,500.<\/p>\n
***<\/p>\n
As we navigate these dynamic market conditions together, we remain committed to providing you with expert guidance and support. Whether you’re considering buying, selling, or simply seeking insights into market trends, please don’t hesitate to reach out.<\/p>\n
Thank you for entrusting us with your real estate needs. We look forward to assisting you in achieving your goals!<\/p>\n
– Alex and Parm<\/p>\n
LEARN ABOUT OUR LUXURY MARKETING EXPERTISE<\/a><\/p>\n
Alex K. Liang<\/strong>: 604-817-5179 |\u00a0Parm Pooni<\/strong>: 604-657-1742<\/p>\n
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- Townhomes:\u00a0<\/strong>At $853,800, the Benchmark price for an FVREB\u00a0townhome<\/em>\u00a0decreased 0.03 per cent compared to April 2024 and increased 3.4 per cent compared to May 2023.<\/li>\n