12/03/2025
✨ Fraser Valley Real Estate Market Update – November 2025 ✨
🏡📊 The market is shifting, and here’s what you need to know!
The Fraser Valley is firmly in a buyer-favoured market, and the latest numbers say it all.
⸻
📉 MARKET SNAPSHOT
• Sales dropped 16% from October and 17% year-over-year.
• New listings fell 26% from last month.
• Active inventory hit 9,201 homes—much higher than usual for this time of year.
• Sales-to-active listings ratio sits at 10% → a clear buyer’s market.
• Prices continue to soften:
• Detached: $1,405,500 (-0.6%)
• Townhomes: $778,700 (-0.8%)
• Condos: $496,500 (-1.0%)
• Homes are taking longer to sell: 52 days for detached, 37 for townhomes, 41 for condos.
⸻
🔑 BUYERS: This is YOUR moment
• More inventory → more options + less pressure.
• Prices are trending downward across all home types.
• Stronger negotiating power with slower sales and high inventory.
• Fewer bidding wars = more confidence in your decisions.
• Mortgage approval is still tight, so getting pre-qualified is key.
⸻
🏠 SELLERS: Success is in the strategy
• Pricing competitively matters more than ever.
• Homes are taking longer to sell—presentation is everything.
• Buyers are active but much more selective.
• A smart, targeted marketing plan is essential in this market.
⸻
🔍 WHAT’S AHEAD
• Buyer’s market conditions likely to continue through winter.
• Prices may soften a bit more, but gradually.
• Spring could bring a shift toward a more balanced market.
• If rates ease in 2026, expect more buyer activity + stronger price stability.
⸻
If you’re thinking of buying or selling—or just want to know what this means for your home’s value—I’m here to help you navigate with confidence. 😊🏡
Terri Rae Dennis
Direct Cell: 236.622.4378
⸻
