As the year winds down, the real estate market in South Surrey and White Rock has settled into a quiet, balanced, and seasonally slower rhythm. Activity has softened across all property types, new listings have slowed significantly, and pricing is showing subtle signs of stabilization as buyers and sellers pause to reset heading into the new year.

Here’s what we’re seeing on the ground this month:

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🏡 Detached Homes

Detached home sales declined year-over-year and month-over-month, reflecting typical December seasonality. Despite lower activity, pricing has remained relatively steady.

• Sales: 34 homes sold
• Benchmark Price: $1,732,300 (-6.6% YoY, -0.8% MoM)
• Active Listings: 417 (+26.0% YoY)
• New Listings: 69

🔍 Takeaway:
Inventory remains meaningfully higher than last year, giving buyers choice and negotiating flexibility, even during a quieter season. Sellers who remain on the market are seeing success when homes are priced realistically and thoughtfully presented. For move-up buyers, December may offer less competition and a more relaxed buying environment.

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🏘 Townhomes

The townhome market experienced seasonally slower activity, with sales down both year-over-year and month-over-month as new listings dropped sharply.

• Sales: 37
• Benchmark Price: $885,700 (-5.2% YoY, +1.0% MoM)
• Active Listings: 194 (+14.1% YoY)
• New Listings: 30

🔍 Takeaway:
With inventory still elevated compared to last year and pricing relatively stable, buyers continue to approach this segment cautiously but confidently. Sellers benefit most from sharp pricing and strong presentation, particularly when fewer buyers are actively searching.

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🏙 Apartments

Condos remained the most price-sensitive segment of the market in December. Sales softened further, but the slowdown in new listings helped stabilize active inventory.

• Sales: 48
• Benchmark Price: $570,600 (-6.2% YoY, -0.7% MoM)
• Average Price: $605,512 (-10.2% YoY, +3.8% MoM)
• Active Listings: 255
• New Listings: 45

🔍 Takeaway:
This continues to be the most buyer-friendly category. With pricing adjustments already underway and fewer new listings entering the market, first-time buyers and long-term investors may find opportunities—particularly with less competition during the holiday season.

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🧭 What This Means for You

✅ Buyers
You may find December offers a calmer environment to make decisions, with motivated sellers and less competition—especially in the condo and townhome markets.

✅ Sellers
Homes are still selling, but today’s buyers are selective. Pricing, presentation, and patience are key—particularly during the holidays.

✅ Investors
With apartment prices having adjusted and inventory stabilizing, this could be a strategic time to explore opportunities ahead of the spring market.

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As we close out 2025, clarity matters more than ever. Whether you’re planning a move in the new year, considering an upsize, or exploring investment opportunities, our team is here to help you navigate the market with confidence and intention.

📩 Let’s connect and start planning your 2026 move—we’ll help you get ahead of what’s next.