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
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.
