Fraser Valley Housing Market Statistics - November 2025

                         

Early fall momentum slows as Fraser Valley sales dip in November   Easing prices and abundant inventory weren’t enough to entice buyers to the Fraser Valley market in November, as sales declined in line with seasonal buying patterns.   The Fraser Valley Real Estate Board recorded 943 sales on its Multiple Listing Service® (MLS®) in November, a 16 per cent decrease from October, and 17 per cent below sales from the same month last year.               New listings slowed again in November, down 26 per cent month-over-month and seven per cent year-over-year, to 2,210. Overall inventory remains well above seasonal norms for the Fraser Valley, with 9,201 active listings, down nine per cent from October and 47 per cent above the 10-year seasonal average.     “Affordability concerns and economic pressures are weighing heavily on many Fraser Valley households,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “Our REALTORS® understand how personal and complex these decisions are. But there are encouraging signs for buyers. Composite prices are closer to early-2023 levels, inventory has improved, and there is more space to negotiate than we’ve had in recent years.”                   The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of 10 per cent in November, down one per cent from October. A balanced market is typically defined by a ratio between 12 and 20 per cent.   Across the Fraser Valley in November, the average number of days to sell a single-family detached home was 52 days, while for a condo it was 41 days. Townhomes took, on average, 37 days to sell.                 "With mortgage conditions tightening, buyers are encountering increased scrutiny and higher down payment expectations from lenders,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “These constraints can delay transactions and influence overall activity in the market. That’s why working with an experienced REALTOR® is critical — someone who understands the landscape and can guide clients through these obstacles with confidence."   The composite Benchmark price for a typical home in the Fraser Valley decreased 0.7 per cent in November, to $912,400.               MLS® HPI Benchmark Price Activity Single Family Detached: At $1,405,500 the Benchmark price for an FVREB single-family detached home decreased 0.6 per cent compared to October 2025 and decreased 5.4 per cent compared to November 2024. Townhomes: At $778,700 the Benchmark price for an FVREB townhome decreased 0.8 per cent compared to October 2025 and decreased 6.8 per cent compared to November 2024. Apartments: At $496,500 the Benchmark price for an FVREB apartment/condo decreased one per cent compared to October 2025 and decreased 6.9 per cent compared to November 2024.             For the FULL STATISTICS PACKAGE click HERE Know someone moving ANYWHERE in the WORLD? Call us today--we know the BEST agents everywhere!!   Serving Abbotsford, Chilliwack, Mission, Langley, Surrey and the WORLD!   📞 Office Phone: 604-743-7653 ALL GTeam contact 📲 info can be found on  either of our Team Web Sites below: 🌍www.fvluxuryhomes.com 🌍www.gelderman.ca

 

 Fraser Valley Housing Market Statistics - October 2025

October brings welcome boost to Fraser Valley, but sales still lag seasonal averages   Fraser Valley home sales climbed for the second straight month in October, a sign that some buyers may be responding to steadily easing prices.   The Fraser Valley Real Estate Board recorded 1,123 sales on its Multiple Listing Service® (MLS®) in October, a 17 per cent increase from September, but 16 per cent below sales from the same month last year.

 

 

After a short-lived rise in September, new listings slowed in October, down 14 per cent month-over-month and seven per cent year-over-year, to 2,967. Overall inventory remains well above seasonal norms for the Fraser Valley, with 10,121 active listings, down four per cent from September but up 15 per cent year-over-year.   “Motivated sellers are responding to increasingly competitive market conditions with more realistic pricing strategies,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “As a result, we’re seeing prices soften—a shift that’s helping to facilitate sales in a slower market.”                 The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of 11 per cent in October, up from nine per cent in September. The modest increase reflects a rise in sales alongside a slight decline in inventory. A balanced market is typically defined by a ratio between 12 and 20 per cent.   Across the Fraser Valley in October, the average number of days to sell both a single-family detached home and a condo was 42 days; while for a townhome it was 37 days.                 “While these early signs are encouraging, the path back to seasonal average sales levels will take time,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “As more new supply comes on stream and sellers adapt to the shifting dynamics, we expect the market to respond accordingly.”   The composite Benchmark price for a typical home in the Fraser Valley decreased 0.7 per cent in October, to $919,900.                 MLS® HPI Benchmark Price Activity Single Family Detached: At $1,411,900 the Benchmark price for an FVREB single-family detached home decreased 0.6 per cent compared to September 2025 and decreased 5.1 per cent compared to October 2024. Townhomes: At $786,000 the Benchmark price for an FVREB townhome decreased 1.2 per cent compared to September 2025 and decreased 5.6 per cent compared to October 2024. Apartments: At $506,400 the Benchmark price for an FVREB apartment/condo decreased 0.8 per cent compared to September 2025 and decreased 6.8 per cent compared to October 2024.

 

For the FULL STATISTICS PACKAGE click HERE Know someone moving ANYWHERE in the WORLD? Call us today--we know the BEST agents everywhere!!   Serving Abbotsford, Chilliwack, Mission, Langley, Surrey and the WORLD!   📞 Office Phone: 604-743-7653 ALL GTeam contact 📲 info can be found on  either of our Team Web Sites below: 🌍www.fvluxuryhomes.com 🌍www.gelderman.ca