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Fraser Valley Real Estate Market Update – October 2025

The Fraser Valley real estate market is continuing to shift in favour of buyers. Home sales increased again in October, but overall activity remains below normal seasonal levels. Sellers are responding by adjusting their prices, creating new opportunities for motivated buyers.

If you’re planning to buy or sell in Langley, Surrey, Abbotsford or anywhere in the Fraser Valley — here’s a quick look at what’s happening right now.


Quick Market Overview – October 2025

MetricResultTrend
Sales1,123↑ Up 17% vs last month
New Listings2,967↓ Down 14% vs last month
Active Listings10,121↑ Inventory still high
Market TypeBuyer’s Market11% sales-to-active ratio
Composite Benchmark Price$919,900↓ 0.7% month-over-month

Detached, townhomes, and condos are all seeing price softening:

  • Detached: $1,411,900 (↓ 0.6% MoM / ↓ 5.1% YoY)

  • Townhomes: $786,000 (↓ 1.2% MoM / ↓ 5.6% YoY)

  • Condos: $506,400 (↓ 0.8% MoM / ↓ 6.8% YoY)

This is giving buyers more negotiating power and more time to find the right home.


Neighbourhood Snapshots

Here’s a quick breakdown by major Fraser Valley communities and property types:


Langley

  • Detached: $1,551,600 (↓ 1.6% MoM)

  • Townhomes: $833,000 (↓ 0.8% MoM)

  • Condos: $578,000 (↓ 0.3% MoM)
    Prices are edging down while inventory remains strong — a good window for buyers in Willoughby and Walnut Grove. Package202510


Surrey (Combined – Central, Cloverdale & North Surrey)

  • Detached: $1,512,800 (↓ 0.6% MoM)

  • Townhomes: $804,200 (↓ 1.4% MoM)

  • Condos: $494,900 (↓ 0.6% MoM)
    Surrey remains one of the most active markets with lots of choice for buyers. Package202510


Abbotsford

  • Detached: $1,170,100 (↑ 1.5% MoM )

  • Townhomes: $634,800 (↓ 0.9% MoM)

  • Condos: $415,200 (↓ 0.2% MoM)
    Detached homes saw a small bump, showing stronger demand in this more affordable city. Package202510


Mission

  • Detached: $1,015,400 (flat MoM)

  • Townhomes: $646,000 (↓ 1.0% MoM)

  • Condos: $437,300 (flat MoM)
    Mission is holding steady — less volatility than surrounding markets. Package202510


White Rock / South Surrey

  • Detached: $1,754,000 (↓ 1.3% MoM)

  • Townhomes: $879,100 (↓ 3.1% MoM)

  • Condos: $581,300 (↓ 2.0% MoM)
    Higher-end properties have more downward pressure due to decreased luxury demand. Package202510


North Delta

  • Detached: $1,300,800 (↓ 1.3% MoM)

  • Townhomes: $891,600 (↓ 1.1% MoM)

  • Condos: $548,300 (↑ 0.9% MoM )
    Condos are one of the few bright spots with small price improvement. Package202510


🏡 What This Means for Buyers

  • More listings to choose from

  • Less competition

  • Improved negotiating leverage

  • Prices easing month-to-month

If you were priced out a year ago — today looks much better.


🏠 What This Means for Sellers

  • Pricing strategy is critical

  • Homes must stand out (staging + marketing)

  • Expect longer days on market (avg. 37–42 days) Package202510

Well-presented homes are still selling — but buyers are pickier and watching prices closely.


📌 Final Thoughts

The Fraser Valley continues firmly in a buyer’s market heading into the winter season.
Prices are softening, inventory remains high, and motivated shoppers are looking for deals.

Whether you're thinking of selling or looking for the right opportunity to buy — I’m here to help guide your next move with confidence.

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