South Surrey Market Update

South Surrey & White Rock Real Estate 2026: The "Market Reset" You’ve Been Waiting For

Wednesday Feb 25th, 2026

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South Surrey & White Rock Real Estate 2026: The "Market Reset" You’ve Been Waiting For

Are you waiting for the bottom, or is the bottom already here?

In early 2026, the South Surrey and White Rock real estate markets have sent a loud signal. For the first time in five years, the "Buyer’s Market" isn't just a headline—it’s the reality on the ground. With benchmark prices for detached homes in the Fraser Valley dipping below $900,000 for the first time since the pandemic era, the leverage has officially shifted.

The 2026 Inventory Surge: Why Buyers Have Choice Again

Current data shows that inventory levels in South Surrey and White Rock are sitting 54% above the 10-year seasonal average.

In neighborhoods like Morgan Creek and Ocean Park, we are seeing a "flight to quality." While "ghost listings" (overpriced homes sitting on the market) are increasing, well-priced luxury estates and family homes are finally accessible to buyers who were priced out during the 2021-2024 run.

What This Means for You (The 2026 Strategy)

  • For Sellers: The "list it and they will come" era is over. With average days on market (DOM) climbing to 55 days, your pricing strategy and digital presentation (GMB, social, and professional staging) are the only things standing between a "Sold" sign and a stale listing.

  • For Buyers: You now have the power to include subjects like home inspections and financing—protections that were nearly impossible to get two years ago. Plus, with the new $60,000 RRSP withdrawal limit and BC Property Transfer Tax exemptions, your entry cost has dropped significantly.

The Neighborhood Spotlight: Where is the Best Value?

  1. Grandview Heights: Continues to be the hub for modern townhomes and transit-oriented growth.

  2. Ocean Park: Offering unmatched lifestyle value for detached homes under the $1.6M mark.

  3. Morgan Creek: Still the gold standard for luxury, but with significantly more room for negotiation in 2026.


Bottom Line: Is 2026 the Year to Move?

Real estate isn't just about timing the market; it’s about time in the market. With prices stabilizing at 2021 levels and selection at a decade-high, the "opportunity window" of 2026 is wide open.

 


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