Fraser Valley Real Estate Market Update – August 2025

The Fraser Valley market continued to shift in favour of buyers this August, with sales activity slowing and inventory holding steady. This means more choice, more negotiating power, and more time for buyers to make confident decisions.

Market at a Glance

• Sales: 931 (down 22% from July and 13% year-over-year)

• New Listings: 2,793 (down 19% from July, nearly flat year-over-year)

• Active Listings: 10,445 (up 21% from last year)

• Sales-to-Active Listings Ratio: 9% → firmly in buyer’s market territory (balanced is 12–20%)

• Benchmark Price (all property types): $936,200 (down 0.9% from July, down 5.7% year-over-year)

Homes are also taking longer to sell on average: 38 days for detached, 32 for townhomes, and 41 for condos.

Pricing Snapshot

• Detached homes: $1,436,800 (↓1.0% from July, ↓5.7% from last year)

• Townhomes: $807,800 (↓0.9% from July, ↓4.5% from last year)

• Condos: $514,100 (↓1.0% from July, ↓5.9% from last year)

The trend is consistent: prices have been softening across the board.

What This Means for Buyers

If you’ve been waiting for the right time to step in, conditions couldn’t be more favourable. Buyers now have:

• More selection

• More leverage in negotiations

• More time to make decisions without rushing

This is particularly true for homes that have been sitting on the market — sellers in those cases are often more motivated to work with offers.

What This Means for Sellers

It’s not all bad news if you’re selling. Homes are still moving, but strategy is critical:

• Pricing needs to reflect today’s realities to stand out.

• Preparation and presentation matter more than ever.

• Professional marketing will be the difference between “for sale” and “sold.”

Motivated sellers who adapt are still closing strong deals, even in this buyer’s market.

Community Highlights

• Langley: Detached benchmark at $1,590,800 (↓3.4% YoY), with townhomes and condos also trending down.

• South Surrey / White Rock: Detached benchmark at $1,795,500 (↓8.7% YoY), one of the sharper annual declines.

• Abbotsford: Detached homes at $1,171,900 (↓4.1% YoY), condos at $421,800 (↓4.8% YoY).

• Mission: Detached homes holding more steadily at $1,025,400 (↓2.0% YoY).

Looking Ahead

Heading into the fall, all signs point to continued buyer-friendly conditions. If you’ve been thinking about making a move — whether buying, upsizing, or investing — this may be the window you’ve been waiting for.

And for sellers, remember: even in a buyer’s market, the right strategy can get you the results you want.

If you’d like to talk about how these numbers affect your real estate goals, I’m always happy to chat.

Alex Maldeis
Top 1% Realtor – Fraser Valley & Metro Vancouver
📞 604 789 5200 | ✉️ Alex@AlexMaldeis.ca