June 2025 FVREB Fraser Valley Market Statistics
🏠 Fraser Valley Market Snapshot – June 2025
1. Sales Activity Holds Steady
- 1,195 MLS® sales were recorded in June, a slight 1% increase from May.
- Compared to June 2024, however, sales are 9% lower, and 33% below the 10-year average—signalling a still-muted market.
2. Rising Inventory, Lower New Listings
- Active listings rose to around 10,842, marking a 2% monthly increase and nearly 30% above year-ago levels.
- Meanwhile, new listings dipped 10% to 3,618, reflecting cautious seller behaviour.
3. Buyer’s Market Persists
- The sales-to-active listings ratio remains low at 11%, a firm indication of a buyer’s market (balanced is considered 12–20%).
4. Time on Market
- Average days to sell: 35 days for detached homes, 30 days for townhomes, and 39 days for condos — homes are taking longer to sell compared to earlier in the year.
5. Home Prices Softening
- The composite benchmark price fell 1.2% month-over-month to $951,500.
Price Breakdown (Benchmark):
| Property Type | Price (Jun 2025) | Change MoM | Change YoY |
|---|---|---|---|
| Detached | $1,458,600 | −1.6% | −4.6% |
| Townhomes | $824,400 | −1.0% | −3.1% |
| Condos | $526,500 | −1.2% | −4.5% |
🔎 What This Means
- Buyers have the upper hand: more inventory and declining prices make this an opportune time—especially for first-time buyers or investors.
- Sellers face a challenging landscape: success rests on realistic pricing, strong marketing, and staging.
- Overall outlook: Economic uncertainty continues to influence market activity. While sales remain below historical norms, consistent inventory growth and price softness suggest cautious optimism.
📌 Takeaway for You
If you’re buying, now is a strong time to explore. For sellers, strategy is key—pricing and presentation can make or break your listing. As a licensed Realtor deeply familiar with the Fraser Valley, I can help you:
- Evaluate current market conditions,
- Position your property effectively, and
- Navigate negotiations with confidence.
Ready to act on today’s opportunities? I’d love to help — get in touch to discuss your goals.
