The Fraser Valley real estate market continues to show a balanced mix of opportunities and challenges heading into summer. Home prices have softened slightly across most communities, but steady inventory and modest buyer activity suggest the market is finding its footing after a cooler spring.

Let’s break down what’s happening in each major area.

🏡 Fraser Valley Snapshot

• Benchmark Price (all property types): $926,300

• Change Month-over-Month: ↓ 1%

• Change Year-over-Year: ↓ 5.4%

• Total Sales: 962 (+3% vs May 2025)

• Active Listings: 10,583 ( +17% year-over-year )

• Market Type: Buyer’s Market ( 9% sales-to-active listings ratio )

Prices have now declined for six consecutive months. However, the softer pricing appears to be pulling some buyers back into the market, particularly those waiting for better value.
Homes are taking about 37–39 days to sell, depending on the property type.

📍 Langley

Langley continues to hold strong with stable sales activity despite softer prices.

• Detached: $1,576,300 ( ↓ 3.5% YoY )

• Townhomes: $839,600 ( ↓ 3.8% YoY )

• Condos: $579,700 ( ↓ 4.4% YoY )

• Active Listings: ~1,450 combined

• Sales: 193 across all property types

Langley remains a favourite for families seeking space without giving up proximity to city amenities. The gradual easing in prices is creating more entry points for move-up buyers.

📍 Surrey (Central, North & Cloverdale)

Surrey remains one of the most active markets in the Fraser Valley, with steady sales and moderate price adjustments.

• Detached: $1,434,400 ( ↓ 5% YoY )

• Townhomes: $781,900 ( ↓ 5.6% YoY )

• Condos: $532,200 ( ↓ 7.4% YoY )

Cloverdale in particular saw strong sales momentum in June, while North Surrey and Central Surrey experienced slower condo absorption. Overall, Surrey continues to lead the region in total transactions.

📍 White Rock / South Surrey

Luxury coastal areas continue to adjust the most after the rapid gains of 2021-2023.

• Detached: $1,777,900 ( ↓ 8.1% YoY )

• Townhomes: $906,800 ( ↓ 6% YoY )

• Condos: $593,100 ( ↓ 8.2% YoY )

Inventory is at multi-year highs here, meaning buyers have options and negotiating power, especially on detached homes.

📍 Abbotsford

Abbotsford remains one of the more affordable markets in the Fraser Valley and continues to attract first-time and downsizing buyers.

• Detached: $1,152,500 ( ↓ 4% YoY )

• Townhomes: $640,500 ( ↓ 2.6% YoY )

• Condos: $415,900 ( ↓ 4.1% YoY )

Inventory is up more than 30% year-over-year, giving buyers more breathing room.

📍 Mission

Mission is seeing small gains in detached prices while attached homes continue to soften slightly.

• Detached: $1,015,400 ( ↑ 1.2% YoY )

• Townhomes: $652,500 ( ↓ 2.9% YoY )

• Condos: $436,800 ( ↓ 5.6% YoY )

With detached homes still hovering near the $1 million mark, Mission remains a popular alternative for buyers priced out of neighbouring cities.

📍 North Delta

• Detached: $1,318,400 ( ↓ 10.2% YoY )

• Townhomes: $901,200 ( ↓ 3.1% YoY )

• Condos: $543,400 ( ↓ 6.5% YoY )

North Delta saw one of the sharpest price corrections this year, with detached homes now averaging about $1.32 million. That said, sales are up 60% month-over-month, suggesting renewed interest from buyers taking advantage of price drops.

💡 What This Means for Buyers & Sellers

• Buyers: You now have the strongest negotiating power we’ve seen in years. High inventory and longer days on market mean there’s room to negotiate.

• Sellers: Pricing strategically is key. Homes that show well and are priced right from day one are still selling within 30-40 days.

The Fraser Valley remains one of BC’s most diverse real-estate regions—offering everything from starter condos to acreages—and this market correction is bringing some much-needed balance after years of rapid growth.

📈 Key Takeaway

While prices have softened, the market is showing signs of stabilization. With interest rates expected to remain steady into late 2025, we may see more buyers returning through the fall.

Data source: Fraser Valley Real Estate Board – June 2025 Statistics Package.
For personalized insights on your community or home’s current market value, contact Dylan Whitnack – RE/MAX Treeland Realty.