South Surrey & White Rock Real Estate Market Update – June 2025

By Jared Gibbons, South Surrey Realtor

June’s numbers also highlight a noticeable shift in buyer behaviour across South Surrey and White Rock, with many purchasers gravitating toward properties that offer long-term value and lifestyle appeal. Detached homes, in particular, continue to draw strong interest as families seek more space, privacy, and stability. The rise in detached home sales—up 40% month-over-month—reflects renewed confidence among move-up buyers who had previously been waiting on the sidelines due to rate uncertainty.

At the same time, growing inventory is creating new opportunities for buyers who have struggled with competition in past years. With active listings up significantly across all property types—especially apartments (+57% YoY)—the market is offering more choice, less pressure, and better negotiating conditions. This shift is especially beneficial for first-time buyers and downsizers who depend on balanced market conditions to secure the right home without rushing into a purchase.

Market Snapshot:

• Detached Home Sales: 73 homes sold (up 40% from May 2025)

• Townhouse Sales: 54 homes sold (unchanged from May)

• Condo Sales: 62 units sold (down slightly from 63 last month)

Inventory is Growing:

• Detached Listings: 661 active (+18% YoY)

• Townhouses: 267 active listings

• Apartments: 421 active listings (+57% YoY)

Benchmark Prices (Month-over-Month):

• Detached Homes: $1,846,800 ↓ 2.3%

• Townhomes: $935,000 ↓ 2.2%

• Apartments: $589,300 ↓ 2.9%

Despite softer prices, the average sale price for detached homes rose 9.6% from May, showing strong buyer interest in higher-end properties.

What This Means for Buyers & Sellers

For Buyers:
With more listings on the market and benchmark prices dipping, it’s a great time to shop for deals. First-time buyers and upsizers alike can benefit from more selection and less competition.

For Sellers:
While prices are softening, sales activity is heating up — especially for detached homes. With the right marketing and pricing strategy, sellers can still achieve strong results.

Thinking of Buying or Selling in South Surrey?

For sellers, the data shows that strategically priced homes are still performing extremely well, particularly in higher-end segments where demand has surged. Detached homes saw a notable 9.6% increase in average sale price from May, signaling that quality listings continue to capture strong buyer interest. With more inventory coming online, presenting a home effectively—pricing, marketing, and condition—will be essential to standing out in this more competitive environment.

📞 Call or text Jared Gibbons today
🌐 www.jaredgibbons.ca