Fraser Valley Real Estate Market Update – November 2025

Fraser Valley Real Estate Market Update – November 2025
by Alex Maldeis PREC – December 02, 2025*

November brought a noticeable slowdown across the Fraser Valley as early-fall momentum tapered off. Despite easing prices and strong inventory, many buyers stayed cautious, keeping activity well below historical norms. The market continues to favour buyers, but the environment is becoming increasingly opportunity-driven for those ready to move.

Market at a Glance
Sales: 943 (↓16% from October, ↓17% year-over-year)
New Listings: 2,210 (↓26% from October, ↓7% year-over-year)
Active Listings: 9,201 (↓9% from October, ↑13% year-over-year)
Sales-to-Active Listings Ratio: 10% → firmly a buyer’s market (balanced = 12–20%)
Benchmark Price (all types): $912,400 (↓0.7% month-over-month, ↓5.9% year-over-year)
Homes continue to take longer to sell, averaging 52 days for detached, 41 for condos, and 37 for townhomes.

Pricing Snapshot
Detached: $1,405,500 (↓0.6% MoM, ↓5.4% YoY)
Townhomes: $778,700 (↓0.8% MoM, ↓6.8% YoY)
Condos: $496,500 (↓1.0% MoM, ↓6.9% YoY)
Prices have now softened for several consecutive months, giving buyers more room to negotiate — especially on listings that have been sitting longer.

What This Means for Buyers
The Fraser Valley remains an attractive environment for buyers who’ve been waiting for prices and competition to cool down. With elevated active inventory and sellers adjusting expectations, buyers now benefit from more selection, more leverage, and fewer rushed decisions. Segments like entry-level detached and townhomes are showing some of the most negotiable conditions.

What This Means for Sellers
While the market favours buyers, well-priced listings are still moving. The gap between inventory and sales highlights how important it is to price accurately from day one, ensure strong presentation, and maximize exposure across platforms. Sellers who adapt quickly to current conditions are the ones securing successful outcomes.

Community Highlights
Langley: Detached $1,543,400 (↓0.3% MoM), Townhomes $827,500 (↓0.5%), Condos $564,200 (↓1.1%)
South Surrey / White Rock: Detached $1,746,100 (+1.8% MoM), Townhomes $876,500 (↓0.6%), Condos $574,900 (↓0.7%)
Abbotsford: Detached $1,215,400 (↓3.1%), Townhomes $638,100 (↓1.0%), Condos $406,600 (↓1.2%)
Mission: Detached $981,700 (↓3.4%), Townhomes $646,700 (+0.2%), Condos $428,400 (↓0.7%)

Looking Ahead
The Fraser Valley is ending 2025 firmly in buyer’s-market territory. With prices trending downward and mortgage conditions tightening, many buyers are proceeding carefully. At the same time, inventory remains high and benchmark prices are approaching early-2023 levels, which may start unlocking some pent-up demand heading into the new year.

If you’re planning a move, strategic preparation is key — whether that means positioning your listing ahead of the spring market or taking advantage of winter flexibility as a buyer.

If you’d like to talk through how these trends align with your real-estate plans, I’m always happy to chat.

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