Is the Fraser Valley Real Estate Market Still Shifting? Here's What I'm Seeing in October 2025.

Alright, let's talk about what's happening out there.

Last month, when we looked at the September numbers, the big story was the continued softening of prices. It was clear things were shifting. Now, with the October 2025 stats in hand from the Fraser Valley Real Estate Board, it looks like buyers are starting to take notice.

The market is finally responding. And it's creating a really interesting moment for anyone thinking about making a move.

We're Seeing a Welcome Bump in Sales

So, what gives? Well, for the second month straight, sales are up. We saw 1,123 homes change hands in October, which is a solid 17% jump from September. It's a little flurry of activity.

I believe it comes down to this: sellers are getting real. The board even said it themselves—motivated sellers are using "more realistic pricing strategies." That's not just realtor-speak. It means prices are adjusting to a point where deals are starting to make sense again, and that's pulling buyers off the sidelines. It's a welcome sign, for sure.

The Big Picture: Inventory and Prices

The main theme, though, hasn't really changed from last month. It's still all about inventory. There are a ton of homes for sale right now—over 10,000 of them. That's a lot of choice.

And when you have that much choice, prices naturally feel the pressure. The overall benchmark price for a home in the Fraser Valley dipped again slightly to $919,900.

Here's a quick look at the different home types:

• Single-Family Detached: The benchmark is now $1,411,900.

• Townhomes: Sitting at $786,000.

• Apartments/Condos: Now at $506,400.

Let's be clear—this is a buyer's market. No question about it. With a sales-to-active listings ratio of just 11% (a balanced market usually starts around 12-20%), the ball is firmly in the buyer's court.

So, Is This Your Moment?

Honestly, if you've been waiting for a sign, this could be it. This isn't a frantic, over-asking-price kind of market. It's a measured one.

You have options. You have time. You have negotiating power.

Homes are sitting for a little longer—around 42 days for detached homes and condos. That's enough breathing room to do your homework, get your inspections, and make a decision that feels right, not rushed. It’s a healthier way to buy a home, in my opinion.

A Quick Word for Sellers

If you're thinking of selling, the strategy we talked about last month is more important than ever. This isn't a market for testing a high price. It's about being sharp, strategic, and realistic from day one. A well-priced home will still get attention from serious buyers. An overpriced one? It'll just get lost in the crowd.

Look, numbers are just numbers until they apply to your life, your family, and your future. My job is to help you make sense of it all. Whether you're buying, selling, or just trying to figure things out, I'm here to offer dedicated support and clear, honest advice.

Feel free to reach out for a Personalized Consultation. For the official report, you can always check the Fraser Valley Real Estate Board website.

October 2025 Market Highlights at a Glance

For those who like the quick stats, here’s a snapshot of the Fraser Valley market from the official October 2025 report:

• Total Sales: 1,123 homes were sold, a 17% increase from September 2025.

• Market Condition: It remains a buyer's market with a sales-to-active listings ratio of 11%.

• Total Inventory: Active listings are high at 10,121, giving buyers plenty of selection.

• Composite Benchmark Price: The price for a typical home in the Fraser Valley is now $919,900.

• Benchmark Price (Detached Home): $1,411,900 (a 5.1% decrease year-over-year).

• Benchmark Price (Townhome): $786,000 (a 5.6% decrease year-over-year).

• Benchmark Price (Apartment/Condo): $506,400 (a 6.8% decrease year-over-year).

• Average Days on Market: 42 days for detached homes and condos, and 37 days for townhomes.

Evan Bird is a trusted real estate advisor serving Langley, Surrey, South Surrey, and White Rock. With a background as a firefighter and extensive renovation expertise, Evan brings a unique perspective to helping clients navigate their real estate journey with confidence and clarity.