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Monthly Statistics Package Fraser Valley Real Estate Board June 2025
News Release Fraser Valley Real Estate Board For Immediate Release July 3 2025 Buying opportunities remain untapped in Fraser Valley real estate market SURREY BC Economic uncertainty continued to be the main driver in buying decisions as home sales in the Fraser Valley remain mostly unchanged despite abundant inventory and lower prices The Fraser Valley Real Estate Board recorded 1 195 sales on its Multiple Listing Service MLS in June up one per cent from May but nine per cent below sales from June 2024 and 33 per cent below the 10 year average The Fraser Valley remains in a buyer s market with the supply of available homes continuing to build Active listings approached 11 000 in June a two per cent increase over May and 30 per cent above levels from this time last year New listings declined 10 per cent over May to 3 618 The overall sales to active listings ratio is steady at 11 per cent the market is considered balanced when the ratio is between 12 per cent and 20 per cent For buyers who can tolerate the current economic uncertainty this market offers some very real opportunities said Tore Jacobsen Chair of the Fraser Valley Real Estate Board With more homes to choose from and softening prices it s a uniquely favourable time to make a move in the Fraser Valley particularly for first time buyers Across the Fraser Valley in June the average number of days to sell a condo was 39 days while for a singlefamily detached home it was 35 days Townhomes took on average 30 days to sell There s no question the economy continues to grapple with unpredictability surrounding trade and tariffs and the real estate market like all sectors is adapting to an uncertain future said Baldev Gill CEO of the Fraser Valley Real Estate Board Perhaps this presents an opportunity for government to revisit policy decisions of the past which may have served their purposes under different market conditions in support of new economic realities The composite Benchmark price in the Fraser Valley decreased 1 2 per cent in June to 951 500 MLS HPI Benchmark Price Activity Single Family Detached At 1 458 600 the Benchmark price for an FVREB single family detached home decreased 1 6 per cent compared to May 2025 and decreased 4 6 per cent compared to June 2024 Townhomes At 824 400 the Benchmark price for an FVREB townhome decreased 1 0 per cent compared to May 2025 and decreased 3 1 per cent compared to June 2024 Apartments At 526 500 the Benchmark price for an FVREB apartment condo decreased 1 2 per cent compared to May 2025 and decreased 4 5 per cent compared to June 2024 30 The Fraser Valley Real Estate Board is an association of 5 100 plus real estate professionals who live and work in the BC communities of Abbotsford Langley Mission North Delta Surrey and White Rock Contact Nikki Hewitt Senior Communications Specialist Fraser Valley Real Estate Board nikki hewitt fvreb bc ca Telephone 604 930 7654 www fvreb bc ca FVREB Stats
MLS Summary Fraser Valley June 2025 All Property Types Grand Totals Jun 25 Jun 24 change All Property Types May 25 change Grand Totals year to date 2025 2024 change Sales 1 195 1 317 9 3 1 183 1 0 Sales year to date 6 182 7 862 21 4 New Listings 3 618 3 418 5 9 4 007 9 7 New Listings year to date 21 741 19 306 12 6 Active Listings 10 842 8 350 29 8 10 626 2 0 Average Price 1 047 863 1 010 994 3 6 978 229 7 1 Jun 25 Jun 24 Detached All Areas Combined Sales change Townhouse May 25 change Jun 25 Jun 24 314 change 431 452 4 6 405 6 4 340 1 298 3 3 1 449 7 5 785 739 3 076 27 0 3 851 1 5 1 818 1 299 New Listings 1 341 Active Listings 3 907 Benchmark Price 1 458 600 1 528 900 4 6 1 481 900 1 6 824 400 851 100 3 1 Median Price 1 370 000 1 429 500 4 2 1 388 000 1 3 812 500 830 000 Average Price 1 489 089 1 515 526 1 7 1 448 225 2 8 825 820 844 022 Abbotsford Jun 25 Jun 24 Detached change Jun 25 Jun 24 change May 25 change 13 9 341 0 0 8 1 1 037 4 3 38 9 2 603 2 8 551 100 4 5 532 700 1 2 1 6 519 900 559 950 7 2 530 000 1 9 0 1 554 270 580 141 4 5 545 537 1 6 309 1 6 341 396 6 2 924 15 0 992 918 40 0 1 831 0 7 2 676 1 926 832 800 1 0 526 500 2 1 800 000 2 2 824 811 Townhouse May 25 change Jun 25 Jun 24 change Apartment change May 25 change Sales 58 74 21 6 78 25 6 45 52 13 5 61 26 2 57 57 0 0 51 11 8 New Listings 181 200 9 5 218 17 0 107 68 57 4 115 7 0 151 114 32 5 162 6 8 19 2 497 7 4 252 149 69 1 0 4 39 5 379 0 3 Active Listings change 7 6 Apartment May 25 May 25 change Jun 24 534 448 378 271 Benchmark Price 1 190 600 1 227 400 3 0 1 202 700 1 0 655 300 666 800 1 7 660 600 0 8 441 600 446 900 1 2 435 000 1 5 Median Price 1 053 500 1 092 500 3 6 1 162 500 9 4 700 000 689 950 1 5 700 000 0 0 420 000 432 000 2 8 425 000 1 2 Average Price 1 131 623 1 192 600 5 1 1 184 974 4 5 690 971 659 911 4 7 707 436 2 3 438 880 451 026 2 7 446 494 1 7 Jun 25 Jun 24 Detached Mission change 251 Jun 25 Townhouse May 25 change Jun 25 Jun 24 change Apartment May 25 change Jun 25 Jun 24 change May 25 change Sales 37 32 15 6 42 11 9 6 6 0 0 3 100 0 9 7 28 6 5 80 0 New Listings 94 79 19 0 107 12 1 12 19 36 8 21 42 9 11 18 38 9 24 54 2 31 7 284 2 5 44 36 22 2 56 21 4 44 1 Active Listings 291 221 Benchmark Price 1 026 700 1 056 300 2 8 1 019 100 Median Price 1 020 000 884 750 15 3 Average Price 1 007 268 912 612 Source Fraser Valley Real Estate Board 49 34 53 7 5 0 7 659 600 675 400 2 3 676 100 2 4 453 200 456 600 0 7 453 000 0 0 993 950 2 6 640 000 710 450 9 9 674 500 5 1 484 000 394 900 22 6 425 000 13 9 10 4 1 042 935 3 4 654 166 682 125 4 1 678 133 3 5 502 433 451 571 11 3 433 160 16 0 MLS Summary Page 1 of 3
Detached White Rock South Surrey Jun 25 Jun 24 change Townhouse May 25 change Jun 25 Jun 24 change Apartment change May 25 change Sales 73 55 32 7 52 40 4 54 48 12 5 54 0 0 62 72 13 9 63 1 6 New Listings 217 228 4 8 230 5 7 116 126 7 9 148 21 6 166 140 18 6 167 0 6 Active Listings 661 560 18 0 657 0 6 267 225 18 7 295 9 5 421 268 57 1 422 0 2 Benchmark Price 1 846 800 1 973 300 6 4 1 889 900 2 3 935 000 978 600 4 5 956 000 2 2 589 300 636 800 7 5 606 900 2 9 Median Price 1 800 000 1 795 000 0 3 1 710 000 5 3 927 500 1 014 750 8 6 909 950 1 9 634 950 651 500 2 5 645 000 1 6 Average Price 2 041 629 2 034 150 0 4 1 862 945 9 6 974 880 1 065 516 8 5 1 002 600 2 8 751 208 722 665 3 9 685 552 9 6 Detached Langley Jun 24 change change Jun 25 Jun 24 Townhouse May 25 change Jun 25 Jun 24 change Apartment change May 25 Sales 93 99 6 1 74 25 7 88 84 4 8 75 17 3 89 104 14 4 87 2 3 New Listings 240 220 9 1 238 0 8 182 168 8 3 220 17 3 223 209 6 7 224 0 4 26 0 583 1 2 352 252 39 7 0 9 46 6 Active Listings Jun 25 May 25 May 25 change Jun 24 change 576 457 522 356 487 7 2 Benchmark Price 1 600 800 1 637 500 2 2 1 632 100 1 9 859 700 872 600 1 5 863 600 0 5 599 800 618 100 3 0 605 300 0 9 Median Price 1 425 000 1 505 000 5 3 1 431 500 0 5 830 000 865 000 4 0 800 000 3 8 540 000 586 900 8 0 535 000 0 9 Average Price 1 526 300 1 674 142 8 8 1 481 471 3 0 850 629 878 487 3 2 831 027 2 4 576 319 590 681 2 4 562 679 2 4 Delta North Jun 25 Jun 24 Detached Sales 27 New Listings Active Listings change Townhouse May 25 change Jun 25 Jun 24 7 change Apartment change May 25 change 40 0 5 6 16 7 11 54 5 19 58 25 21 19 0 17 47 1 44 4 5 58 39 48 7 51 13 7 971 400 5 1 558 000 586 400 4 8 565 600 1 3 0 7 884 000 5 1 580 000 609 500 4 8 602 900 3 8 2 5 878 600 6 6 611 029 603 750 1 2 567 272 7 7 32 15 6 24 12 5 118 77 53 2 106 11 3 281 172 63 4 260 8 1 Benchmark Price 1 323 600 1 453 400 8 9 1 335 200 0 9 921 900 970 200 5 0 Median Price 1 285 000 1 459 500 12 0 1 320 000 2 7 928 888 935 000 Average Price 1 350 166 1 569 143 14 0 1 433 785 5 8 936 641 960 600 Source Fraser Valley Real Estate Board 349 Jun 25 May 25 change 5 40 0 5 8 12 33 3 42 25 68 0 Jun 25 Jun 24 MLS Summary Page 2 of 3
Detached City of Surrey Combined Sales Jun 25 Jun 24 change 7 0 Townhouse May 25 183 change 8 2 Jun 25 Jun 24 167 193 change 198 213 13 5 Benchmark Price 1 573 300 1 662 800 5 4 1 606 100 2 0 852 100 883 900 3 6 Average Price 1 649 730 1 643 452 0 4 1 637 938 0 7 849 533 880 640 3 5 Apartment May 25 160 change 4 4 Jun 25 Jun 24 change May 25 32 0 160 5 6 545 600 5 8 519 800 1 2 611 770 13 1 537 403 1 0 151 222 860 500 1 0 513 800 864 097 1 7 531 882 change North Surrey Central Surrey Cloverdale and South Surrey excl White Rock Detached Surrey Central Jun 25 Jun 24 change Townhouse May 25 change Jun 25 Jun 24 18 7 60 1 7 61 75 261 3 1 295 14 2 227 661 26 9 815 2 9 544 change Sales 61 75 New Listings 253 Active Listings 839 Benchmark Price 1 480 200 1 566 700 5 5 1 506 800 1 8 824 200 859 000 4 1 Median Price 1 475 000 1 505 000 2 0 1 510 000 2 3 810 000 835 000 Average Price 1 501 407 1 563 802 4 0 1 584 348 5 2 811 277 815 440 Jun 25 Jun 24 change change Jun 25 change May 25 change 21 9 23 8 7 74 0 0 102 27 5 179 36 3 249 2 0 573 500 4 5 554 000 1 1 1 3 537 500 557 500 3 6 541 000 0 6 2 5 527 520 544 457 3 1 541 556 2 6 18 7 65 6 2 217 4 6 231 1 7 74 384 41 7 526 3 4 244 826 500 0 3 547 800 3 0 799 900 0 5 791 531 Detached Surrey Cloverdale Apartment May 25 25 Jun 24 32 Townhouse May 25 change Jun 25 Jun 24 Apartment change May 25 change Sales 32 49 34 7 32 0 0 34 52 34 6 32 6 3 16 17 5 9 19 15 8 New Listings 97 91 6 6 106 8 5 85 76 11 8 103 17 5 51 32 59 4 44 15 9 Active Listings 225 181 24 3 241 6 6 164 113 45 1 165 0 6 98 55 78 2 90 8 9 Benchmark Price 1 462 500 1 521 300 3 9 1 517 000 3 6 841 500 860 000 2 2 846 800 0 6 575 000 591 100 2 7 585 500 1 8 Median Price 1 332 500 1 450 000 8 1 1 457 500 8 6 811 000 833 750 2 7 826 250 1 8 562 500 595 000 5 5 545 000 3 2 Average Price 1 435 697 1 494 234 3 9 1 477 731 2 8 788 125 846 303 6 9 833 190 5 4 598 250 642 517 6 9 519 605 15 1 Surrey North Jun 25 Jun 24 Detached May 25 change Jun 25 Jun 24 Townhouse May 25 change Jun 25 Jun 24 change Apartment change May 25 change Sales 49 34 44 1 43 14 0 19 18 5 6 14 35 7 78 101 22 8 82 4 9 New Listings 140 138 1 4 144 2 8 48 53 9 4 67 28 4 291 310 6 1 297 2 0 Active Listings 484 362 33 7 497 2 6 153 115 33 0 145 5 5 903 721 25 2 869 3 9 Benchmark Price 1 447 600 1 514 500 4 4 1 451 000 0 2 762 300 791 500 3 7 766 600 0 6 463 400 498 400 7 0 470 900 1 6 Median Price 1 350 000 1 350 000 0 0 1 430 888 5 7 696 000 768 500 9 4 721 250 3 5 447 250 520 000 14 0 463 250 3 5 Average Price 1 498 611 1 402 191 6 9 1 559 043 3 9 734 178 758 500 3 2 764 750 4 0 458 790 548 868 16 4 492 439 6 8 Source Fraser Valley Real Estate Board change change May 25 change Jun 25 Jun 24 MLS Summary Page 3 of 3
MLS Home Price Index Fraser Valley June 2025 BENCHMARK PRICE INDEX HPI ONE MONTH CHANGE THREE MONTH CHANGE SIX MONTH CHANGE ONE YEAR CHANGE THREE YEAR CHANGE FIVE YEAR CHANGE TEN YEAR CHANGE RESIDENTIAL COMBINED LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 1 098 200 951 500 1 135 100 719 100 1 013 600 1 024 800 1 110 300 1 025 500 769 600 903 900 335 2 341 5 360 6 326 9 354 4 339 6 291 2 344 5 349 7 355 0 0 6 1 2 1 5 0 4 1 0 2 1 2 1 1 2 0 6 0 1 1 8 2 3 4 7 2 0 2 7 2 5 3 0 1 4 1 7 4 1 0 3 1 4 6 4 1 3 2 4 1 3 2 5 0 2 0 3 1 0 3 3 5 0 9 1 6 2 6 5 3 2 8 5 1 9 3 1 4 8 7 7 14 9 15 5 19 9 16 3 7 9 15 5 10 6 17 3 13 4 30 1 36 1 31 5 28 3 35 1 43 1 32 2 38 2 38 9 39 2 58 3 92 1 98 7 74 6 110 2 116 3 56 2 106 0 123 0 146 0 DETACHED LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 1 772 300 1 458 600 1 323 600 1 447 600 1 480 200 1 462 500 1 846 800 1 600 800 1 190 600 1 026 700 389 0 414 6 397 5 447 6 424 4 416 8 356 5 423 0 411 8 378 9 0 6 1 6 0 9 0 3 1 8 3 6 2 3 1 9 1 0 0 7 2 4 3 1 5 0 3 9 3 7 4 1 3 0 2 1 2 9 3 5 0 5 1 5 6 5 1 7 2 8 1 6 1 2 0 4 0 4 0 4 3 4 4 6 8 9 4 4 5 5 3 9 6 4 2 2 3 0 2 8 5 0 11 2 13 3 14 0 12 3 8 4 9 5 9 9 12 5 9 1 38 8 44 3 36 5 45 0 44 0 43 6 38 5 45 2 44 3 45 0 71 6 125 1 114 3 141 0 142 0 138 2 83 1 142 1 153 9 163 7 TOWNHOUSE LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 970 200 824 400 921 900 762 300 824 200 841 500 935 000 859 700 655 300 659 600 370 4 370 0 401 7 434 6 378 4 345 2 297 0 371 5 362 4 351 8 0 5 1 0 5 1 0 6 0 3 0 6 2 2 0 5 0 8 2 4 1 0 1 1 3 6 1 3 2 3 0 1 1 2 0 6 0 1 1 3 0 6 0 4 3 0 1 0 0 7 0 7 0 3 0 4 0 1 3 4 2 8 3 1 5 0 3 7 4 1 2 1 4 5 1 5 1 7 2 3 3 5 7 5 8 2 4 1 6 8 4 2 4 6 8 3 13 5 10 2 41 3 43 4 34 8 39 2 43 0 42 9 41 8 45 5 48 0 46 2 116 5 141 8 114 8 174 4 156 0 142 3 96 2 160 9 168 4 167 7 APARTMENT LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 693 900 526 500 558 000 463 400 547 800 575 000 589 300 599 800 441 600 453 200 348 2 431 2 534 5 427 9 499 4 424 0 347 9 417 4 473 3 406 1 1 2 1 2 1 4 1 6 1 1 1 8 2 9 0 9 1 5 0 1 2 6 2 7 0 6 3 3 0 9 3 0 5 9 2 0 0 5 0 6 0 4 1 4 0 2 3 2 2 1 3 8 3 4 0 0 1 2 1 0 3 4 4 5 4 8 7 0 4 5 2 7 7 5 3 0 1 2 0 7 2 8 6 5 10 4 8 9 5 7 0 6 7 7 5 3 6 2 8 8 23 4 37 3 19 6 26 2 39 1 32 9 33 6 41 1 49 5 45 1 90 1 165 8 185 7 153 7 198 9 150 6 132 9 177 9 234 3 232 3 Fraser Valley Real Estate Board All indices equal 100 in January 2005 An index of 120 indicates a 20 increase in price since January 2005 Lower Mainland combines data across the Fraser Valley and Greater Vancouver real estate board areas
Sales to Active Listings Ratio All Types Fraser Valley 100 According to BCREA a balanced market in the Lower Mainland ranges between 12 20 This graph includes all Residential and Commercial property types 90 80 70 Sellers Market Ratio 60 50 40 30 Balanced Market 20 10 Buyers Market June month end 11 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 0
Sales Listings Active Inventory All Types Fraser Valley 14 000 12 000 10 000 8 000 Actives 6 000 Listings Sales 4 000 2 000 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 0
MLS Home Price Index Fraser Valley Detached Townhouse Apartment 525 500 475 450 425 400 375 350 325 300 275 250 225 200 175 150 125 100 75 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 50
MLS Home Price Index Benchmark Prices Fraser Valley Detached Townhouse Apartment 1 900 000 1 800 000 1 700 000 1 600 000 1 500 000 1 400 000 1 300 000 1 200 000 1 100 000 1 000 000 900 000 800 000 700 000 600 000 500 000 400 000 300 000 200 000 Fraser Valley Real Estate Board 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 100 000
1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Average Price Residential Detached all Fraser Valley 2 000 000 1 800 000 1 600 000 1 400 000 1 200 000 1 000 000 800 000 600 000 400 000 200 000 0 Fraser Valley Real Estate Board
Annual Sales New Listings Average Price All Property Types Fraser Valley Sales New Listings Average Price 40 000 1 200 000 35 000 1 000 000 30 000 800 000 25 000 20 000 600 000 15 000 400 000 10 000 200 000 5 000 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990