We're a few weeks into the new year, and the Fraser Valley real estate market is continuing along the path it's been on for the past few months.
If you've been following along with my updates, none of this will sound brand new—but that's actually the point. What started as emerging trends last year have now solidified into the new normal. And while consistency might not make for flashy headlines, it does create clarity for making confident decisions.
So let's talk about what's happening, why it matters, and—most importantly—what you might want to do about it.
The Market's Telling the Same Story (And That's Actually Good News)
January's numbers from the Fraser Valley Real Estate Board show 7,251 active listings—maintaining that ten-year seasonal high we've been tracking since last fall. That's 54% above the 10-year average, which is significant.
With 818 properties sold in January (down 18% from December, but that seasonal dip is pretty typical), we're looking at an 11% sales-to-active listings ratio. That keeps us firmly in buyer's market territory—particularly for detached homes.
If this sounds familiar, it should. We've been watching this shift unfold for months now, and the data continues to confirm what many of us have been experiencing firsthand: the market has found a new rhythm, and it's noticeably different from the frenzy of recent years.
The question I'm hearing more often isn't "what's happening?" anymore—people are pretty clear on that. The question is "okay, so what should I actually do with this information?"
Great question. Let's dig in.
For Buyers: The Opportunity Is Real (And It's Not Going Away Tomorrow)
A few months ago, we started seeing the early signs of a more balanced market. More inventory. Fewer bidding wars. Homes staying available long enough to actually think about your decision.
Now? Those aren't early signs—that's just how things work now.
Here's what the numbers show:
Detached homes are taking an average of 52 days to sell
Townhomes are averaging 38 days on market
Condos are taking about 42 days
You can book second viewings. You can have conversations with sellers about price and terms without feeling like you're asking for the moon. You have options, time, and negotiating room.
For buyers who've felt sidelined over the past few years, this is what you've been waiting for. The market has opened up in ways that make the whole process more manageable and far less stressful.
The families I'm working with right now aren't rushing. They're exploring neighbourhoods, comparing properties, doing their due diligence, and making offers they feel good about. It's a refreshingly sane way to buy a home.
For Sellers: Success Still Happens—It Just Takes Strategy
Now, if you're thinking about selling, I want to be clear: this market still rewards well-prepared properties. The benchmark prices have remained remarkably stable:
Single-family detached: $1,483,000 (up 0.2% from December, up 0.6% from last January)
Townhomes: $826,000 (down just 0.2% from both December and last January)
Apartments/Condos: $534,600 (up 0.1% from December, down 1.2% from last January)
This tells us the market isn't crashing—it's recalibrating. But with more inventory available, buyers have choices. That means your home needs to stand out, not just show up.
This is where preparation makes all the difference. Smart pricing, thoughtful presentation, and strategic improvements can set your property apart. My renovation background comes in handy here—I can help you identify which updates will actually move the needle and which ones won't give you the return you're hoping for.
The homes that are selling well right now aren't necessarily the biggest or the newest—they're the ones that have been thoughtfully positioned for today's buyer.
What the Local Numbers Tell Us
Let me break down what's happening in our specific markets, because these matter:
South Surrey/White Rock:
Active listings jumped 60% compared to last January
Detached benchmark: $1,856,700
Townhome benchmark: $934,600
Condo benchmark: $599,500
Langley:
Active listings up across all property types
Detached benchmark: $1,616,600
Townhome benchmark: $864,600
Condo benchmark: $603,900
Surrey (combined):
Steady benchmark prices with increased inventory
Detached benchmark: $1,608,800
Townhome benchmark: $851,000
Condo benchmark: $527,000
The common thread? More inventory, stable prices, and better conditions for thoughtful decision-making.
What This Really Means for You
Here's what I've learned after years in this business: the best time to make a move isn't always when the market is at its most dramatic. Sometimes it's when things settle into a steady, predictable pattern—like right now.
We're in a period where buyers can shop with confidence, and sellers who approach things strategically can still achieve excellent results. It's not about perfect timing or catching the exact peak or bottom. It's about understanding the current conditions and making informed decisions based on your actual goals.
Whether you've been thinking about buying for months and want to finally explore what's possible, or you're considering selling and want to understand how to position your home for success, I'm here to help you think it through.
Let's Have a Conversation
The market's been consistent for long enough now that we can plan with confidence. No need to rush, but also no reason to keep waiting for conditions that are already here.
I'd love to sit down with you—whether over coffee or a quick call—and talk about what these market conditions mean specifically for your situation. No pressure, no hard sell. Just honest conversation about your goals and how we can work together to achieve them.
Because at the end of the day, real estate is personal. It's about finding the right home for your family or moving on to your next chapter at the right time. The numbers and trends matter, but they only matter in the context of what you're trying to accomplish.
Ready to explore what's possible? Let's connect.
About the Author
Evan Bird is a REALTOR® with Royal LePage Northstar Realty, proudly serving South Surrey, White Rock, Langley, and the Fraser Valley. With 20 years of experience as a firefighter and a strong background in home renovations, Evan brings a unique perspective to real estate—one grounded in practical problem-solving, calm guidance, and genuine care for his clients' success. Whether you're buying your first home or selling to start a new chapter, Evan is here to provide trusted advice and a smooth, stress-free experience. Let's connect and talk about your real estate goals.