South Surrey Realtor, Russell Dudar

White Rock the city is the one piece that can be pulled out of that total, through the board's municipal market report. It put White Rock detached at $1.543M in September, below the combined $1.613M, and down 9.1% over twelve months against the combined area's 7.4%. So the South Surrey side of the line sits above the combined figure on both the price and the direction, and pricing a Morgan Creek or Elgin Chantrell house off a White Rock headline will be wrong. The two cannot be separated by subtraction either, because the municipal report counts all property types while the table above covers only these three. There is no published South Surrey detached benchmark and I am not going to invent one.

Detached here behaves the opposite way to Langley. The median sale, $1.628M, came in above the benchmark, $1.613M, and the average sat $232,728 above the benchmark. With 60 detached sales in the month, a few large ones pull the average well off centre, which is why the average is the least useful of the three columns.

Townhouses are the soft segment. Down 11.2% over twelve months, the steepest townhouse fall of the eight Fraser Valley communities the board indexes, and down 5.6% over five years, the lowest five-year townhouse figure in the same table. Condos are the only one of the three types here with a positive five-year number, up 3.3%.

Inventory is looser here than in Langley. 60 detached sales against 600 active detached listings is one sale for every ten homes on the market, where Langley was closer to one in seven. Townhouses ran 47 sales against 283 listings, condos 43 against 310. Over ten years the area's combined residential index is up 0.9%, the lowest of the eight communities the board indexes, against Langley's 37.9%.