The start of a new year often brings a sense of reset to the real estate market, and January 2026 in South Surrey and White Rock reflected exactly that. After the slower holiday season, activity began to pick up as buyers returned to the market and new listings started to reappear.

While sales softened slightly compared to last year, inventory increased meaningfully, giving buyers more choice as we move toward the traditionally busier spring season.

Overall, the market is showing signs of gradual stabilization, with pricing holding relatively steady despite the shift in inventory levels.

Here’s what we’re seeing locally this month:

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🏡 Detached Homes

Detached homes started the year with slightly fewer sales compared to January of last year, while available inventory increased. This shift is creating a more balanced environment between buyers and sellers.

Sales: 32 homes sold
Benchmark Price: $1,728,000 (-6.2% YoY, -0.2% MoM)
Median Price: $1,791,250 (-3.7% YoY)
Active Listings: 473 (+18.0% YoY)
New Listings: 200

🔍 Takeaway:
With inventory rising compared to last year, buyers in the detached market are seeing more options and greater negotiating flexibility. Sellers are still achieving successful sales when homes are priced appropriately and presented well, particularly as buyers return to the market early in the year.

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🏘 Townhomes

Townhomes continue to offer an appealing middle ground for many buyers, especially those transitioning from condos or looking for additional space without the price point of detached homes.

Sales: 29
Benchmark Price: $861,000 (-8.1% YoY, -2.8% MoM)
Median Price: $820,000 (-18.8% YoY)
Active Listings: 222 (+11.0% YoY)
New Listings: 115

🔍 Takeaway:
Inventory remains slightly higher than last year, which is providing buyers with more opportunities in this segment. For sellers, the homes that are seeing the most activity are those that are priced competitively and presented thoughtfully.

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🏙 Apartments

The apartment and condo market continues to serve as one of the most accessible entry points for buyers in South Surrey and White Rock. While sales softened compared to last year, inventory levels have remained relatively balanced.

Sales: 31
Benchmark Price: $565,300 (-5.5% YoY, -0.9% MoM)
Median Price: $525,000 (-9.8% YoY)
Average Price: $664,121 (+9.1% YoY)
Active Listings: 276 (+14.6% YoY)
New Listings: 109

🔍 Takeaway:
With inventory increasing and pricing adjustments already reflected in the market, condos may present opportunities for first-time buyers and investors entering the market early in the year.

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🧭 What This Means for You

✅ Buyers

With inventory levels increasing compared to last year, buyers are beginning the year with more choice and slightly less competition. This environment allows for thoughtful decision-making and potentially stronger negotiating positions.

✅ Sellers

Homes are still selling, but buyers are taking a more measured approach. Strategic pricing and strong presentation remain essential to stand out in a market with growing inventory.

✅ Investors

With price adjustments across several segments and inventory levels rising, early-year market conditions may present opportunities for investors looking to position themselves ahead of the spring market.

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As January wraps up, the local market is beginning its gradual transition into the spring season, when activity typically accelerates across South Surrey and White Rock.

More listings are expected to come online in the coming months as sellers prepare for the busier spring market.

Whether you’re planning to buy, sell, upsize, or invest in 2026, having the right strategy makes all the difference.

📩 If you’re curious about your home’s current value or thinking about making a move this year, let’s connect. Our team would be happy to help you navigate the market with clarity and confidence.