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Monthly Statistics Package Fraser Valley Real Estate Board September 2025
News Release Fraser Valley Real Estate Board For Immediate Release October 2 2025 Sustained elevated inventories soften Fraser Valley home prices further spurring bump in sales SURREY BC Home prices in the Fraser Valley continued their downward trend in September marking the sixth straight month of declines amid high inventory The Benchmark price for a typical home in the Fraser Valley dropped one per cent in September to 926 300 down 5 4 per cent year over year The continued softening of prices may be encouraging some buyers back into the market as the Fraser Valley Real Estate Board recorded 962 sales on its Multiple Listing Service MLS in September an increase of three per cent over August September sales were down two per cent year over year and 28 per cent below the 10 year average As prices continue to weaken the market is showing hopeful signs of renewed confidence said Tore Jacobsen Chair of the Fraser Valley Real Estate Board While recent economic uncertainty seems to have weighed more heavily here in the Fraser Valley some buyers are beginning to re engage in the market a positive signal heading into the fall After sitting out for part of the summer sellers reemerged in September with new listings up 23 per cent month over month to 3 447 up three per cent year over year Overall inventory remains at decade high levels with 10 583 active listings up one per cent from August and up 17 per cent from September 2024 The Fraser Valley remains entrenched in a buyer s market with an overall sales to active listings ratio of nine per cent in September The market is considered balanced when the ratio is between 12 per cent and 20 per cent Across the Fraser Valley in September the average number of days to sell a single family detached home was 37 days while for a townhome it was 38 days Condos took on average 39 days to sell It is unreasonable to single out any one factor or policy driving today s market dynamics said Baldev Gill CEO of the Fraser Valley Real Estate Board That said there is a growing consensus within the housing and development sector calling for greater measures to incentivize investors to help drive new supply growth which would certainly have a positive impact on affordability MLS HPI Benchmark Price Activity Single Family Detached At 1 420 000 the Benchmark price for an FVREB single family detached home decreased 1 2 per cent compared to August 2025 and decreased 5 4 per cent compared to September 2024 Townhomes At 795 600 the Benchmark price for an FVREB townhome decreased 1 5 per cent compared to August 2025 and decreased 4 7 per cent compared to September 2024 Apartments At 510 400 the Benchmark price for an FVREB apartment condo decreased 0 7 per cent compared to August 2025 and decreased 6 3 per cent compared to September 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 September 2025 All Property Types Grand Totals Sales Sep 25 Sep 24 change All Property Types Aug 25 change Grand Totals year to date 2025 2024 change 962 982 2 0 931 3 3 Sales year to date 9 250 11 127 16 9 New Listings 3 447 3 352 2 8 2 793 23 4 New Listings year to date 31 437 28 849 9 0 Active Listings 10 583 9 045 17 0 10 445 1 3 Average Price 986 674 1 025 762 3 8 1 008 091 2 1 Sep 25 Sep 24 change Sep 25 Sep 24 change Aug 25 change 249 2 0 262 296 11 5 253 3 6 30 3 Detached All Areas Combined Sales 344 317 New Listings 1 226 1 252 Active Listings 3 758 3 294 Benchmark Price 1 420 000 1 501 100 Median Price 1 290 000 Average Price 1 422 575 Abbotsford Sep 25 Sep 24 change 8 5 Townhouse Aug 25 change Sep 25 Sep 24 244 change 263 332 3 6 2 1 991 23 7 757 690 9 7 635 19 2 958 950 0 8 735 14 1 3 769 0 3 1 833 1 419 29 2 1 781 2 9 2 599 2 255 15 3 2 540 2 3 5 4 1 436 800 1 2 795 600 834 400 4 7 807 800 1 5 510 400 545 000 6 3 514 100 0 7 1 420 000 9 2 1 349 950 4 4 793 000 830 000 4 5 790 000 0 4 515 000 529 000 2 6 510 000 1 0 1 557 112 8 6 1 423 097 0 0 795 480 853 469 6 8 818 162 2 8 528 489 557 198 5 2 522 577 1 1 Detached Townhouse Aug 25 change Sep 25 Sep 24 change Apartment change Aug 25 change Sales 49 64 23 4 50 2 0 37 30 23 3 42 11 9 41 50 18 0 49 16 3 New Listings 166 190 12 6 140 18 6 86 69 24 6 88 2 3 143 142 0 7 130 10 0 15 2 513 1 2 45 3 250 0 0 32 9 Active Listings change 7 2 Apartment Aug 25 Aug 25 change Sep 25 Sep 24 507 440 250 172 376 283 391 3 8 Benchmark Price 1 152 500 1 200 700 4 0 1 171 900 1 7 640 500 657 500 2 6 645 700 0 8 415 900 433 600 4 1 421 800 1 4 Median Price 1 050 000 1 097 500 4 3 1 095 000 4 1 660 000 683 500 3 4 715 250 7 7 415 000 435 000 4 6 398 500 4 1 Average Price 1 092 428 1 206 471 9 5 1 153 428 5 3 646 289 644 726 0 2 682 726 5 3 407 310 442 864 8 0 424 567 4 1 Sep 25 Sep 24 Detached Mission change Townhouse Aug 25 change Sep 25 Sep 24 change Apartment Aug 25 change Sep 25 Sep 24 change Aug 25 change Sales 33 22 50 0 38 13 2 9 7 28 6 8 12 5 7 4 75 0 6 New Listings 80 83 3 6 75 6 7 13 10 30 0 17 23 5 9 13 30 8 9 0 0 Active Listings 295 259 13 9 293 0 7 46 39 17 9 49 6 1 39 36 8 3 41 4 9 Benchmark Price 1 015 400 1 003 400 1 2 1 025 400 1 0 652 500 672 000 2 9 656 500 0 6 436 800 462 800 5 6 434 700 0 5 Median Price 995 000 915 000 8 7 949 000 4 8 715 000 704 900 1 4 669 500 6 8 410 000 439 250 6 7 432 500 5 2 Average Price 1 001 157 973 772 2 8 1 029 603 2 8 698 533 699 042 0 1 684 250 2 1 404 914 479 100 15 5 464 333 12 8 Source Fraser Valley Real Estate Board MLS Summary Page 1 of 3 16 7
Detached White Rock South Surrey Sep 25 Sep 24 change Townhouse Aug 25 change Sep 25 Sep 24 change Apartment change Aug 25 change Sales 41 43 4 7 36 13 9 29 49 40 8 34 14 7 49 44 11 4 41 19 5 New Listings 209 232 9 9 153 36 6 153 147 4 1 107 43 0 178 164 8 5 110 61 8 Active Listings 664 580 14 5 654 1 5 340 263 29 3 291 16 8 389 361 7 8 369 5 4 Benchmark Price 1 777 900 1 934 500 8 1 1 795 500 1 0 906 800 964 600 1 6 593 100 646 000 8 2 588 600 0 8 Median Price 1 625 000 1 770 000 8 2 1 730 000 6 1 882 000 974 000 9 4 987 850 10 7 595 000 623 000 4 5 590 000 0 8 Average Price 2 008 273 2 379 721 15 6 1 949 122 3 0 932 817 1 036 819 10 0 1 054 646 11 6 653 209 757 831 13 8 654 576 0 2 Detached Langley Sep 25 Sep 24 change Aug 25 6 0 921 200 change Sep 25 Sep 24 Townhouse Aug 25 change Sep 25 Sep 24 change Apartment change Sep 25 Sep 24 change Aug 25 change Sales 68 71 4 2 72 5 6 59 78 24 4 72 18 1 66 86 23 3 48 37 5 New Listings 206 221 6 8 144 43 1 178 153 16 3 150 18 7 265 234 13 2 158 67 7 Active Listings 539 489 10 2 545 1 1 330 238 38 7 316 4 4 589 455 29 5 528 11 6 Benchmark Price 1 576 300 1 633 700 3 5 1 590 800 0 9 839 600 873 100 3 8 848 100 1 0 579 700 606 500 4 4 589 500 1 7 Median Price 1 432 950 1 494 000 4 1 1 422 500 0 7 826 405 865 950 4 6 822 500 0 5 552 000 551 500 0 1 520 000 6 2 Average Price 1 477 700 1 623 331 9 0 1 480 381 0 2 856 850 883 929 3 1 841 670 1 8 552 792 567 633 2 6 545 458 1 3 Delta North Sep 25 Sep 24 Detached Sales 32 New Listings Active Listings change 20 60 0 103 78 287 182 Benchmark Price 1 318 400 1 468 200 Median Price 1 267 500 Average Price 1 338 843 Source Fraser Valley Real Estate Board Aug 25 Townhouse Aug 25 change Sep 25 Sep 24 change 21 52 4 2 5 60 0 32 1 65 58 5 13 9 44 4 57 7 275 4 4 34 28 21 4 10 2 1 321 300 0 2 901 200 929 700 1 410 000 10 1 1 285 000 1 4 1 050 000 1 476 225 9 3 1 354 083 1 1 1 050 000 Apartment Aug 25 change 3 Sep 25 Sep 24 change Aug 25 change 33 3 6 4 50 0 9 33 3 6 117 20 20 0 0 15 33 3 35 2 9 59 56 5 4 53 11 3 3 1 933 000 3 4 543 400 581 300 6 5 540 300 0 6 860 000 22 1 885 000 18 6 672 500 617 500 8 9 560 000 20 1 924 400 13 6 880 000 19 3 623 000 617 500 0 9 493 799 26 2 MLS Summary Page 2 of 3
Detached City of Surrey Combined Sales Sep 25 Sep 24 155 139 Benchmark Price 1 521 300 1 628 600 Average Price 1 623 733 1 795 744 change 11 5 Townhouse Aug 25 138 change 12 3 Sep 25 Sep 24 change 4 9 Apartment Aug 25 123 change Sep 25 Sep 24 change Aug 25 10 6 123 151 18 5 125 change 1 6 136 143 6 6 1 541 800 1 3 816 000 861 200 5 2 830 700 1 8 498 100 539 300 7 6 500 800 0 5 9 6 1 574 392 3 1 811 481 885 725 8 4 856 782 5 3 540 715 590 162 8 4 541 333 0 1 North Surrey Central Surrey Cloverdale and South Surrey excl White Rock Detached Surrey Central Sep 25 Sep 24 change Townhouse Aug 25 change Sep 25 Sep 24 Sales 45 50 10 0 63 28 6 63 43 New Listings 254 225 12 9 226 12 4 211 Active Listings 786 695 13 1 788 0 3 552 Benchmark Price 1 434 400 1 509 500 5 0 1 451 500 1 2 781 900 828 000 Median Price 1 450 000 1 512 500 4 1 1 460 000 0 7 810 000 Average Price 1 545 808 1 581 628 2 3 1 532 990 0 8 794 612 Sep 25 Sep 24 change Apartment Aug 25 change Sep 25 Sep 24 change Aug 25 change 22 16 37 5 21 4 8 24 3 46 5 53 18 9 194 8 8 166 27 1 87 83 4 8 70 461 19 7 543 1 7 241 233 3 4 237 1 7 5 6 795 900 1 8 532 200 574 700 7 4 534 000 0 3 829 900 2 4 785 000 3 2 538 500 540 000 0 3 568 500 5 3 822 322 3 4 784 918 1 2 527 195 531 367 0 8 530 614 0 6 Detached Surrey Cloverdale change Townhouse Aug 25 change Sep 25 Sep 24 Apartment change Aug 25 change Sales 35 24 45 8 20 75 0 34 36 5 6 24 41 7 7 14 50 0 20 65 0 New Listings 88 90 2 2 77 14 3 68 70 2 9 56 21 4 38 32 18 8 35 8 6 Active Listings 218 205 6 3 225 3 1 142 115 23 5 150 5 3 92 65 41 5 82 12 2 Benchmark Price 1 433 200 1 507 100 4 9 1 440 800 0 5 800 100 850 600 5 9 811 800 1 4 559 300 605 300 7 6 572 500 2 3 Median Price 1 375 000 1 502 500 8 5 1 397 500 1 6 780 900 778 750 0 3 740 000 5 5 530 000 585 000 9 4 515 000 2 9 Average Price 1 420 530 1 520 005 6 5 1 447 725 1 9 775 082 800 439 3 2 760 416 1 9 521 357 609 171 14 4 522 065 0 1 Surrey North Sep 25 Sep 24 Detached Aug 25 change Sep 25 Sep 24 Townhouse Aug 25 change Sep 25 Sep 24 change Apartment change Aug 25 change Sales 39 22 77 3 32 21 9 11 15 26 7 13 15 4 64 77 16 9 59 8 5 New Listings 117 129 9 3 111 5 4 35 38 7 9 44 20 5 218 262 16 8 208 4 8 Active Listings 449 431 4 2 463 3 0 137 103 33 0 145 5 5 814 763 6 7 838 2 9 Benchmark Price 1 382 000 1 498 300 7 8 1 423 100 2 9 742 600 747 700 0 7 764 200 2 8 443 800 489 000 9 2 445 900 0 5 Median Price 1 300 000 1 440 000 9 7 1 307 000 0 5 705 000 759 000 7 1 820 000 14 0 471 250 489 000 3 6 497 900 5 4 Average Price 1 457 380 1 441 772 1 1 1 404 602 3 8 707 127 778 593 9 2 817 307 13 5 491 447 503 112 2 3 501 259 2 0 Source Fraser Valley Real Estate Board change change Aug 25 change Sep 25 Sep 24 MLS Summary Page 3 of 3
MLS Home Price Index Fraser Valley September 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 1 069 200 926 300 1 127 100 693 800 978 500 990 900 1 084 500 1 004 500 743 600 890 700 326 4 332 5 358 0 315 4 342 1 328 3 284 4 337 4 337 8 349 8 0 8 1 0 0 3 1 7 1 2 0 7 0 7 1 2 1 3 1 1 2 6 2 6 0 7 3 5 3 5 3 3 2 3 2 1 3 4 1 5 4 4 4 9 5 4 5 4 6 1 5 7 5 2 3 5 5 1 5 5 3 8 5 4 9 8 6 4 5 8 5 4 8 9 3 5 3 8 1 2 2 5 7 7 2 2 14 8 10 4 1 0 10 7 2 3 7 2 3 7 23 0 27 3 25 2 19 2 25 8 35 4 22 4 31 1 28 0 33 1 48 3 80 4 90 4 61 6 96 1 102 9 45 9 95 5 111 0 136 4 DETACHED LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 1 720 000 1 420 000 1 318 400 1 382 000 1 434 400 1 433 200 1 777 900 1 576 300 1 152 500 1 015 400 377 5 403 6 395 9 427 3 411 2 408 4 343 2 416 6 398 7 374 7 1 0 1 2 0 2 2 9 1 2 0 5 1 0 0 9 1 7 1 0 3 0 2 7 0 4 4 5 3 1 2 0 3 7 1 5 3 2 1 1 5 3 5 7 5 4 8 3 6 7 6 1 6 6 3 6 5 9 4 6 4 6 5 4 10 2 7 8 5 0 4 9 8 1 3 5 4 0 1 2 1 3 2 4 1 3 8 0 5 5 1 9 5 7 2 0 1 2 1 7 29 9 34 2 30 1 33 7 34 7 36 2 25 2 36 6 32 9 38 2 59 0 110 3 103 8 121 5 125 3 124 6 66 8 129 5 141 1 153 7 TOWNHOUSE LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 939 400 795 600 901 200 742 600 781 900 800 100 906 800 839 600 640 500 652 500 358 7 357 1 392 7 423 4 359 0 328 2 288 1 362 8 354 3 348 0 1 1 1 5 3 4 2 8 1 8 1 4 1 5 1 0 0 8 0 6 3 2 3 5 2 2 2 6 5 1 4 9 3 0 2 3 2 2 1 1 4 1 4 6 5 8 1 3 7 3 5 0 4 2 3 0 2 4 2 4 3 2 4 7 3 1 0 7 5 6 5 9 6 0 3 8 2 6 2 9 0 5 2 9 1 1 1 4 3 5 0 3 1 7 3 7 4 4 0 7 34 5 36 4 29 2 34 5 34 0 35 0 33 8 41 3 40 2 43 2 105 8 131 3 111 4 165 1 143 2 129 2 87 4 152 8 158 1 156 8 APARTMENT LOWER MAINLAND FRASER VALLEY BOARD NORTH DELTA NORTH SURREY SURREY CLOVERDALE SOUTH SURREY WHITE ROCK LANGLEY ABBOTSFORD MISSION 675 400 510 400 543 400 443 800 532 200 559 300 593 100 579 700 415 900 436 800 338 9 418 0 520 5 409 8 485 1 412 5 350 1 403 4 445 8 391 4 0 7 0 7 0 6 0 5 0 4 2 3 0 8 1 7 1 4 0 5 2 7 3 1 2 6 4 2 2 9 2 7 0 6 3 4 5 8 3 6 5 2 5 6 2 0 7 4 3 7 5 6 5 3 5 3 6 3 4 2 4 6 6 4 6 5 9 2 7 4 7 6 8 2 4 4 4 1 5 6 0 2 2 8 2 5 7 9 0 6 1 8 1 9 3 0 4 4 6 4 19 5 31 9 17 8 20 4 34 6 29 1 33 8 34 3 39 5 38 8 80 2 154 1 184 4 137 6 186 0 146 3 131 9 163 8 217 3 205 8 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 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
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 September month end 9 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 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