October Report: September in White Rock and South Surrey
The board's October report is out, with September's numbers for White Rock and South Surrey. Here is the short version. The full report is on the market page.
Benchmark prices. A benchmark is the board's index price for a typical home of each type, not an average. Detached houses $1,612,500, down 2.2% on the month and 7.4% on the year. Townhomes $797,100, down 2.8% on the month and 11.2% on the year. Condos $544,400, down 1.2% on the month and 7.7% on the year.
Sales against listings. 60 houses sold in September with 600 active at month end, a sales-to-active-listings ratio of 10.0%. Townhomes: 47 sold against 283 active, 16.6%. Condos: 43 sold against 310 active, 13.9%. The usual reading is that under 12% favours buyers, 12 to 20% is balanced and over 20% favours sellers, so houses sit in buyers' territory while townhomes and condos are balanced.
Against a year ago. Last September 41 houses sold with 664 active, so house sales are up on the year with fewer houses for sale and lower prices. Townhome sales rose from 29 to 47 with active listings down from 340 to 283. Condo sales eased from 49 to 43 with active listings down from 389 to 310.
Months of supply at September's pace: 10.0 for houses, 6.0 for townhomes and 7.2 for condos.
The full report, the neighbourhood tables and the past editions are on the market report page: White Rock and South Surrey market report. If you want to know what the numbers mean for your street, ask Hamish at 604 376 7687.
Quick answers
What is a benchmark price? The board's index price for a typical home of that type in the area. It is not an average sale price.
What does the sales-to-active-listings ratio mean? Sales in the month divided by active listings at month end. Under 12% is read as favouring buyers, 12 to 20% as balanced, over 20% as favouring sellers.
Where do the figures come from? The Fraser Valley Real Estate Board's October 2026 report, with September 2026 data.
Where is the full report? On the market report page, with the past editions.