{"id":73520,"date":"2025-08-06T14:35:06","date_gmt":"2025-08-06T18:35:06","guid":{"rendered":"https:\/\/www.schreders.ca\/blog\/?p=73520"},"modified":"2025-11-24T15:58:27","modified_gmt":"2025-11-24T20:58:27","slug":"fraser-valley-real-estate-market-july-2025","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-july-2025\/","title":{"rendered":"Fraser Valley Real Estate Market July 2025"},"content":{"rendered":"

Fraser Valley real estate sales activity levels off as market enters seasonal slowdown <\/span><\/h2>\r\n
The real estate market in the Fraser Valley is experiencing a typical summer slowdown, with sales activity leveling off in July.\u00a0The Fraser Valley Real Estate Board noted that 1,190 sales were recorded on the Multiple Listing Service\u00ae (MLS) in July, which is a slight decrease of 0.5% from June.\u00a0This sales figure is also 3% lower compared to July of last year and is 23% below the ten-year average for the month.\u00a0Inventory saw a minor dip of 2% from June, bringing the total number of homes for sale to 10,650.<\/div>\r\n
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The market continues to favor buyers, with the overall sales-to-active listings ratio sitting at 11%.\u00a0A balanced market is typically defined as a ratio between 12% and 20%.\u00a0This means that sellers are needing to put in more effort to meet buyers’ expectations, such as realistic pricing and home staging.\u00a0On average, single-family detached homes and condos are selling in about 38 days, while townhomes are moving a bit faster at 35 days.\u00a0The composite benchmark price for all property types in the Fraser Valley decreased by 0.7% in July to $944,800.<\/div>\r\n
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Benchmark prices across the board saw a slight decrease from June.\u00a0The benchmark price for a detached home is $1,451,100, a 0.5% decrease from June 2025.\u00a0Townhomes are at $814,900, down 1.2%, and apartments are at $519,300, a 1.4% decrease.<\/div>\r\n
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If you’d like to chat more about what these trends mean for you, let’s grab a coffee or a beer!<\/div>\r\n
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See Listed Properties For Sale in Langley BC<\/a><\/p>\r\n\r\n\r\nIf you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and let\u2019s chat<\/a>.\r\n

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What Does The Fraser Valley Real Estate Board Have To Say?<\/p>\r\n\r\n\r\n<\/div>\r\n

SURREY, BC \u2013 Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers\u2019 and sellers\u2019 price expectations continues to suppress sales.<\/div>\r\n
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The Fraser Valley Real Estate Board recorded 1,190 sales on its Multiple Listing Service\u00ae (MLS\u00ae) in July, down half a per cent from June and down three per cent year-over-year. July sales were 23 per cent below the 10-year average.<\/div>\r\n
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The supply of homes for sale dipped slightly in July, down two per cent from June to 10,650, nearly 50 per cent above the 10-year seasonal average. New listings declined five per cent over June to 3,453. The Fraser Valley remains in a buyer\u2019s market with an overall sales-to-active listings ratio of 11 per cent; the market is considered balanced when the ratio is between 12 per cent and 20 per cent.<\/div>\r\n
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\u201cHome sellers are having to work harder than they did a year or two ago,\u201d said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. \u201cIn a market where buyers are cautious and have ample choice, successful sellers are going the extra mile to meet buyers where they\u2019re at\u2014staging their home, handling repairs up front, and most importantly, pricing their homes realistically for the current market conditions.\u201d<\/div>\r\n
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Across the Fraser Valley in July, the average number of days to sell both a single-family detached home and a condo was 38 days. Townhomes took, on average, 35 days to sell.<\/div>\r\n
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\u201cThe housing market, like other sectors, continues to process the effects of the ongoing tariff threats,\u201d said Baldev Gill, CEO of the Fraser Valley Real Estate Board. \u201cThe slowdown in home sales this spring and summer has largely been driven by uncertainty and fear. Buyers and sellers are taking measures to offset the anticipated impacts, knowing that the economic effects of tariffs will likely take some time to be fully realized throughout the system.\u201d<\/div>\r\n
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The composite Benchmark price in the Fraser Valley decreased 0.7 per cent in July, to $944,800.<\/div>\r\n
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MLS\u00ae HPI Benchmark Price Activity<\/div>\r\n
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\u2022 Single Family Detached: At $1,451,100, the Benchmark price for an FVREB single-family detached home decreased 0.5 per cent compared to June 2025 and decreased 5.1 per cent compared to July 2024.<\/div>\r\n
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\u2022 Townhomes: At $814,900 the Benchmark price for an FVREB townhome decreased 1.2 per cent compared to June 2025 and decreased 4.0 per cent compared to July 2024.<\/div>\r\n
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\u2022 Apartments: At $519,300 the Benchmark price for an FVREB apartment\/condo decreased 1.4 per cent compared to June 2025 and decreased 5.8 per cent compared to July 2024.<\/div>\r\n
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\r\n\r\nFind the July 2025 Statistics Package HERE.<\/span><\/a><\/strong><\/div>\r\n
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Whether you\u2019re <\/b>buying<\/b><\/a>, <\/b>selling<\/b><\/a>, or simply seeking to feel more at home, we\u2019re here to help you every step of the way.<\/b><\/p>\r\n<\/div>\r\n

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