South Surrey/White Rock October Monthly Market update 

Here’s what’s really going on in the South Surrey and White Rock real estate market

this month.

October told a clear story — the Fraser Valley is still in reset mode. Prices are back to October 2021 levels, meaning most of the growth we saw over the past few years has evened out. Across the Valley, prices are down 12.6% year over year, and sales are low — the kind of numbers we last saw in December 2022, January 2013, and December 2008.We also have one of the highest levels of listings we’ve seen in years — only matched by June 2013 and July 2008. Months of supply are sitting around 12.9, similar to June 2019. With a sale-to-active ratio of 6.5%, this is firmly a buyer’s market — and it’s been this quiet only a handful of times in the past two decades.

South Surrey/White Rock Market

Here in South Surrey and White Rock, since October 1, the pattern is the same:
  • 720 active listings
  • 38 withdrawn
  • 16 sold
That means only about 2% of homes are selling so far this month, down even from September’s 5%.

It's a Tough Market

It’s a tough market, and I’ve had some sticky conversations with my clients about price. I don’t enjoy those talks, but it’s part of being honest. The homes that are priced in line with the market and look beautiful online are still selling because buyers haven’t vanished. They’re just taking their time and choosing carefully.If you’re selling in this market and then turning around to buy in this market, it’s all relative. You might sell for a little less, but you’ll also buy for less. It balances out.So, don’t get fooled into thinking the market is terrible. It’s not, it’s corrected. The highs after COVID were never going to last forever. What we’re seeing now is balance returning to the system.

Get your Free Guide of The Mandy-Moves Method

This is exactly why I created my Mandy-Moves Method to help busy professionals with kids and parents to support make clear, confident moves without the stress. It’s not about chasing the market; it’s about aligning your next step with where life is taking you. You can always call me to get your free copy of my guide.The market may be quiet, but buyers are out there, and with the right strategy, price, and plan, homes are selling.I look forward to hearing from you! 

Because real estate isn’t just about timing the market it’s about timing your life.💫