June 2025 Fraser Valley Market Update: Why Buyers Shouldn’t Sit This Out
Posted July 3, 2025 | By Alex Maldeis, Top 1% Realtor – Fraser Valley & Metro Vancouver
The Fraser Valley market continues to send a strong signal: we are in a buyer’s market. While economic uncertainty is causing hesitation for many, those who can act now may find this is one of the most favourable times in years to buy a home in the Fraser Valley.
Let’s break down what’s happening.
📊 Key Market Stats – June 2025
According to the latest release from the Fraser Valley Real Estate Board:
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Home sales: 1,195↑ Up 1% from May↓ Down 9% from June 2024
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Active listings: 10,842↑ Up 2% from May↑ Up 30% year-over-year
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New listings: 3,618↓ Down 10% from May
The sales-to-active listings ratio now sits at 11%, confirming we’re in a buyer’s market (a balanced market is 12%–20%).
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Detached homes: $1,458,600 → ↓ 1.6%
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Townhomes: $824,400 → ↓ 1.0%
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Condos: $526,500 → ↓ 1.2%
We’re seeing prices soften across the board, but especially in the detached segment. Some communities are seeing even sharper drops, creating excellent entry points for strategic buyers.
Increased selection, less competition, and more negotiable sellers make this a unique moment. As Tore Jacobsen, Chair of the FVREB, put it:
“For buyers who can tolerate the current economic uncertainty, this market offers some very real opportunities.”
In other words, if you're in a stable position and can secure financing, this is the time to make a move — especially for first-time buyers, upsizers, or investors.
If you’re buying or selling in Langley, here’s what’s happening locally:
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Detached Benchmark Price: $1,600,800 (↓ 2.2%)
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Townhomes: $859,700 (↓ 0.5%)
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Condos: $599,800 (↓ 0.9%)
Listings are up across all property types, and detached homes in particular have seen a meaningful price dip. It’s a great time for buyers who’ve been priced out in recent years to revisit the market.
Longer days on market are now the norm:
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Condos: 39 days
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Detached: 35 days
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Townhomes: 30 days
But don’t panic — homes are still selling when priced correctly and professionally marketed. Presentation, preparation, and strategy make all the difference right now.
Whether you're buying your first home, selling an investment property, or just trying to understand what these numbers mean for your real estate plans — I’m here to help.
This is a market where smart moves matter more than ever. If you’re ready to explore your options, let’s connect.
👉 Book a free consultation here or send me a message anytime.
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