Condominium Market Outlook for White Rock

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White Rock

White Rock city is the 236th best city in Canada to live in. Out of cities in Metro Vancouver, the annual port of Maclean put White rock city near the bottom of the list.

 

Condominium Price Index 2021

There are a total of 97 apartments for sale in White Rock in 2020. These houses have various prices depending on the number of bedrooms available. Condos with 2 bedrooms and 2 baths with a total area of 1,155 sq.Ft has a price of $619,000.

 

The price of condos decreases with a decrease in the number of bedrooms and bathrooms along with the decrease in total area. The condo apartments have 1 bed and 1 bath having a total area of 650 Sq.Ft. has a price of $409,000 in White rock city. Likewise, condo apartments with some more areas having the same 1 bedroom and 1 bath have a price of $ 530,000.

 

Number of active listings in White Rock

Currently, there are 371 properties available for sale in the city. Different active listings of Condos are available. Currently, there are 22+38%1 bedroom condos whereas 111+41%  two-bed condos are available in the city. If we talk about 3 bedroom condo listings then it is 75%. Overall there are 145 active listings of condominiums in the city.

 

Overall active listings of  townhouses in the city are 19+111% including 1 bed, 2 bed, and 3-bed townhouses. The number of active listings of detached houses is 94. The demand for detached houses in White Rock is comparatively less.

 

Condominium prices increasing or decreasing?

The ranking of white rock put of the 17 in Great Vancouver is the 3rd most expensive city in Canada. It is the 10th fastest-selling city. Moreover, it is the 2nd fastest growing and 16th highest turnover in Canada. If the average price of the city is skewed then its median price would be a more accurate reflection of the market.

 

The average housing price in White Rock is $1.3M whereas the median housing price of the city is $1.1M. The prices of condominiums are fluctuating. From December 29 to January 26 the 1-bed condo price was $ 546K. This price was $450K 3 months ago and was $429 6 months ago. There is a decrease in 1 bedroom condo prices.

 

If we talk about 2-bed condo prices then it is $771K from December 29 to January 26 and was $ 722K about 3 months ago and was 510K about six months ago. These prices are obviously more than the prices of 1-bed condos but still, these prices have also increased. In the same way, the condominium prices of 3 beds have also decreased. We can say that overall prices of condominiums are decreasing in White Rock.

 

 

White Rock Homes For sale

White Rock Townhouses For sale

White Rock Condos For sale

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