Fraser Valley Real Estate Market Update – October 2025

by Alex Maldeis PREC* November 06, 2025 09:00 AM

After a quiet summer and early fall, October brought a small but welcome lift in market activity across the Fraser Valley. Home sales climbed for the second month in a row, suggesting that some buyers are starting to respond to more realistic pricing — though overall activity remains well below seasonal averages.

Market at a Glance

Sales: 1,123 (↑17% from September, ↓16% year-over-year)
New Listings: 2,967 (↓14% from September, ↓7% year-over-year)
Active Listings: 10,121 (↓4% from September, ↑15% year-over-year)
Sales-to-Active Listings Ratio: 11% → still a buyer’s market (balanced = 12–20%)
Benchmark Price (all types): $919,900 (↓0.7% month-over-month, ↓5.3% year-over-year)

Homes are also taking longer to sell, averaging 42 days for detached and condos, and 37 days for townhomes.

Pricing Snapshot

Detached Homes: $1,411,900 (↓0.6% from September, ↓5.1% year-over-year)
Townhomes: $786,000 (↓1.2% from September, ↓5.6% year-over-year)
Condos: $506,400 (↓0.8% from September, ↓6.8% year-over-year)

Prices have now declined for several consecutive months, creating more room for buyers to negotiate — especially on listings that have been on the market for a while.

What This Means for Buyers

This remains an opportunity-rich environment for buyers who’ve been waiting on the sidelines. With inventory levels still elevated and sellers growing more flexible, buyers now have:

• More listings to choose from

• More leverage in negotiations

• More time to make decisions without rushing

Some detached and townhome segments are showing sharper adjustments, meaning motivated sellers are often open to realistic offers.

What This Means for Sellers

While it’s a buyer’s market on paper, well-priced and well-presented homes are still selling. The gap between active and sold listings underscores the importance of strategy:

• Price competitively from the start — today’s buyers know the data.

• Make sure your home shows its best through presentation and staging.

• Market effectively across platforms — exposure matters more than ever.

Sellers who adapt quickly are the ones closing deals in this new environment.

Community Highlights

Langley: Detached $1,551,600 (↓1.6% MoM), Townhomes $833,000 (↓0.8%), Condos $578,000 (↓0.3%)
South Surrey / White Rock: Detached $1,754,000 (↓1.3%), Townhomes $879,100 (↓3.1%), Condos $581,300 (↓2.0%)
Abbotsford: Detached $1,170,100 (+1.5%), Townhomes $634,800 (↓0.9%), Condos $415,200 (↓0.2%)
Mission: Detached $1,015,400 (flat MoM), Townhomes $646,000 (↓1.0%), Condos $437,300 (+0.1%)

Looking Ahead

The Fraser Valley remains in firm buyer’s-market territory, but the uptick in October sales hints that pent-up demand may be starting to surface. As interest-rate expectations stabilize and prices continue to adjust, we could see more buyers stepping back into the market heading into winter.

If you’re planning a move, this is the time to plan strategically — whether that means positioning your listing ahead of the spring wave or taking advantage of more negotiable pricing as a buyer.

If you’d like to discuss how these numbers align with 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