Fraser Valley Real Estate Market Update – December 2025

by Alex Maldeis PREC – January 6, 2026 - Langley Realtor

December closed out 2025 with a seasonal slowdown in new listings, but inventory levels across the Fraser Valley remained well above normal. Buyer confidence is still cautious overall, however the pullback in fresh supply helped tighten conditions slightly, bringing the market back into balanced territory to end the year.

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Market at a Glance
Sales: 919 (↓2.5% from November, ↓7.5% year-over-year)
New Listings: 1,350 (↓39% from November, ↑4.8% year-over-year)
Active Listings: 6,965 (↓24.3% from November, ↑10.8% year-over-year)
Sales-to-Active Listings Ratio: 13% (Balanced market = 12–20%)
Benchmark Price (all types): $905,900 (↓0.7% month-over-month, ↓6.0% year-over-year)

Pricing Snapshot
Detached: $1,388,400 (↓1.2% MoM, ↓6.2% YoY)
Townhomes: $781,300 (↑0.3% MoM, ↓5.7% YoY)
Condos: $491,600 (↓1.0% MoM, ↓7.5% YoY)
Overall, prices continued to soften into year-end, with the benchmark sliding for the ninth straight month, keeping negotiation leverage in the hands of prepared buyers.

What This Means for Buyers
Conditions remain favourable if you’re ready to move. Selection is still strong compared to past years, and the combination of softer pricing and less competition creates real opportunity, especially for buyers who are flexible on timing and can negotiate confidently. With the market now sitting in balanced territory, the best deals tend to go to buyers who are fully pre-approved and decisive when the right home appears.

What This Means for Sellers
Even in a softer market, properly priced homes with strong presentation are still selling. The key difference right now is that buyers are far more selective, and “testing a high number” typically results in longer time on market and more aggressive negotiations later. Sellers who align pricing with current comparables and maximize exposure from day one are still securing strong outcomes.

Community Highlights (Benchmark Prices)
Langley: Detached $1,514,400 (↓1.9% MoM), Townhomes $822,200 (↓0.6%), Condos $555,700 (↓1.5%)
South Surrey / White Rock: Detached $1,732,300 (↓0.8% MoM), Townhomes $885,700 (↑1.0%), Condos $570,600 (↓0.7%)
Abbotsford: Detached $1,199,100 (↓1.3%), Townhomes $634,600 (↓0.5%), Condos $403,800 (↓0.7%)
Mission: Detached $973,500 (↓0.8%), Townhomes $655,400 (↑1.3%), Condos $429,700 (↑0.3%)

Looking Ahead
2025 finished as one of the slowest years for Fraser Valley sales in decades, despite high inventory and improving negotiating conditions. Heading into early 2026, market momentum will depend heavily on buyer confidence, affordability, and mortgage qualification pressures. If you’re planning a move, a clear strategy matters more than ever, whether that means pricing sharply to stand out as a seller, or taking advantage of negotiation windows as a buyer.

If you’d like to talk through how these trends apply to your home or your plans for 2026, I’m always happy to chat.

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