Home / Ocean Park market report / August 2026
Ocean Park & Crescent Beach market report: August 2026
Nine detached homes sold in the Crescent Beach / Ocean Park sub-area in August 2026, down from 18 in July, while 88 were for sale. That puts the area at a 10% sales ratio, a buyer's market, after a balanced July.
- Detached sales
- 9 July: 18
- Detached for sale
- 88 July: 95
- Sales ratio
- 10% Buyer’s market
- S. Surrey median sale
- $1.62M -1% vs July
What happened in August
Nine detached homes sold in Crescent Beach and Ocean Park in August, half of July's 18, with 88 homes for sale at month end. That works out to a 10% sales ratio: about one home selling for every ten listed. SnapStats treats anything under 12% as a buyer's market, so the area moved from balanced in July (19%) into buyer's territory in August. Across all of South Surrey and White Rock, detached sales fell 21% to 48, and the area as a whole sat at 8%.
Prices and negotiation
The median detached sale price across South Surrey and White Rock was $1,623,523, down 1% from July, while the price per square foot rose 2% to $558. The bigger change was negotiation: homes sold for 94% of their asking price on average, down from 99% in July, and took 43 days to sell instead of 30. Prices are holding, but buyers are getting more off the asking price and more time to decide.
Ocean Park still leads South Surrey
Even in a slower month, Crescent Beach and Ocean Park tied White Rock for the most detached sales of any South Surrey sub-area, and its sales ratio was higher than White Rock's 6%. In July, SnapStats named Crescent Beach and Ocean Park one of the best areas to be a seller.
What it means for buyers
This is a good window to negotiate. With about ten homes for every sale, you can take time to compare, ask for subjects such as inspection and financing, and make offers below asking where the pricing is ambitious. Well-priced homes on the best streets still sell, so be ready when the right one appears.
What it means for sellers
Price for the market you're in, not the one from the spring. Homes that are priced right, well presented and marketed beyond the MLS® are still selling; overpriced homes are sitting longer and selling for less than they would have with the right price at the start. If you're thinking of listing this fall, a current valuation based on recent Ocean Park sales is the place to start.
Detached sales by South Surrey neighbourhood, August 2026
| MLS® sub-area | For sale | Sold | Sales ratio |
|---|---|---|---|
| Crescent Beach / Ocean Park | 88 | 9 | 10% |
| White Rock | 144 | 9 | 6% |
| Elgin Chantrell | 81 | 8 | 10% |
| King George Corridor | 85 | 8 | 9% |
| Grandview | 60 | 5 | 8% |
| Morgan Creek | 45 | 3 | 7% |
| Sunnyside Park | 46 | 3 | 7% |
| Pacific Douglas | 38 | 2 | 5% |
| Hazelmere | 8 | 1 | 13% |
South Surrey & White Rock detached, July vs August
| July | August | Change | |
|---|---|---|---|
| Homes for sale | 620 | 595 | -4% |
| Homes sold | 61 | 48 | -21% |
| Median sale price | $1,645,000 | $1,623,523 | -1% |
| Sale price per sq ft | $545 | $558 | +2% |
| Sale-to-list price | 99% | 94% | -5 pts |
| Days on market | 30 | 43 | +43% |
Condos and townhomes
Condos and townhomes are a small part of the Ocean Park market: 16 were for sale in August and 2 sold. Across South Surrey and White Rock, attached homes were balanced at a 15% sales ratio, with a median sale price of $655,000.
Source: SnapStats® (snap-stats.com), data from the Fraser Valley Real Estate Board MLS®, captured September 1, 2026. Accuracy not guaranteed. Sales ratio is sales divided by homes for sale; under 12% is generally a buyer’s market, 12–20% balanced, and over 20% a seller’s market.