Comprehensive Analysis of June 2025 Fraser Valley Real Estate Market Data

Buying opportunities remain untapped in the Fraser Valley. Despite abundant inventory approaching 11,000 listings and continued price softening, economic uncertainty keeps many buyers on the sidelines. June delivered 1,195 sales—virtually unchanged from May and 33% below the 10-year average. For buyers who can tolerate current conditions, genuine opportunities exist; for sellers, strategic pricing remains essential.

June 2025 Market Snapshot by City

Source: Fraser Valley Real Estate Board, June 2025 Statistics Package. Trend arrows show month-over-month change.

Fraser Valley Market Overview: June 2025

Economic uncertainty continued to be the main driver in buying decisions as home sales in the Fraser Valley remain mostly unchanged. The 1,195 sales recorded in June were up just 1% from May but 9% below June 2024 and a significant 33% below the 10-year average.

"For buyers who can tolerate the current economic uncertainty, this market offers some very real opportunities. 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."

— Tore Jacobsen, Chair, Fraser Valley Real Estate Board

Active listings approached 11,000—a 2% increase over May and 30% above levels from this time last year. New listings declined 10% from May to 3,618, suggesting some sellers are choosing to wait rather than compete in current conditions. The overall sales-to-active listings ratio held steady at 11%, firmly in buyer's market territory.

Pricing continued its downward trajectory with the composite benchmark declining 1.2% to $951,500—now down 5.0% year-over-year. Detached homes fell 1.6% to $1,458,600 (-4.6% YoY), townhomes declined 1.0% to $824,400 (-3.1% YoY), and apartments dropped 1.2% to $526,500 (-4.5% YoY). Every property type is now showing multi-year lows.

City-by-City Market Analysis

Abbotsford

Abbotsford softened to an 11% sales ratio for detached homes (buyer's market), down from May's balanced 16%. At a $1,053,500 median and homes selling 4% below list in 25 days, buyers have meaningful leverage. The benchmark declined to $1,190,600 (-1.0% from May, -3.0% YoY).

The attached market held stronger at a 17% sales ratio (balanced), with a $515,750 median and homes selling 3% below list in 30 days. Abbotsford East continues outperforming at 26% sales ratio for attached homes.

Visit our Abbotsford Market Snapshot for complete data or read the Abbotsford City Guide.

→ Browse Current Abbotsford Listings

Langley

Langley showed notable improvement in June, with the detached market reaching a 16% sales ratio—balanced territory. Sales jumped 26% from May (74 to 93 transactions), and the $1,425,000 median saw homes selling 4% below list in 24 days. The benchmark fell to $1,600,800 (-1.9% from May).

The attached market also strengthened to a 21% sales ratio (seller's market), with an $830,000 median and homes selling at list price in 22 days. Langley remains the region's strongest overall market.

See our Langley City Guide for neighbourhood insights.

→ Browse Current Langley Listings

Surrey

Surrey remained firmly in buyer's market territory. The composite benchmark fell to $1,013,600 (-1.0% from May, -6.5% YoY)—the steepest year-over-year decline among major Fraser Valley communities. Central Surrey detached showed an 8% sales ratio with homes selling 2% below list.

The attached segment is performing better with balanced conditions in several communities. North Surrey apartments averaged 39 days on market at a $447,250 median.

See the full Surrey Market Snapshot for segment details.

→ Browse Current Surrey Listings

Mission

Mission showed modest stability in June, with the composite benchmark ticking up 0.1% to $903,900—the only Fraser Valley community with positive monthly price movement. Sales increased 16% year-over-year (32 to 37 transactions), suggesting renewed interest in Mission's value proposition.

The detached benchmark rose 0.7% to $1,026,700, now offering approximately 36% savings versus Langley ($1,600,800). Mission remains attractive for buyers seeking space and value who can accommodate the commute.

See the Mission Market Snapshot for complete data.

→ Browse Current Mission Listings

White Rock & South Surrey

The premium White Rock and South Surrey market saw improved sales activity with detached transactions jumping 40% from May (52 to 73 sales). However, the 11% sales ratio remains in buyer's market territory. The detached benchmark fell 2.3% to $1,846,800 (-6.4% YoY), with homes selling at a $1,800,000 median.

The attached segment showed balanced conditions at 20% sales ratio, with townhomes averaging $927,500 median and selling 2% below list. Communities like Grandview (24%), Sunnyside Park (33%), and Crescent Beach Ocean Park continued showing seller-friendly conditions.

See the White Rock Market Snapshot for details.

→ Browse Current White Rock Listings

What This Means for Buyers

June reinforced the buyer-friendly conditions that have defined 2025. With inventory 30% above last year and prices down 5% year-over-year, buyers who can act have substantial leverage—but economic uncertainty keeps many waiting.

What This Means for Sellers

With inventory 30% above last year and sales 33% below the 10-year average, sellers face meaningful competition. Strategic pricing from day one is essential.

Looking Ahead

Trade and tariff uncertainty continue weighing on buyer confidence. The housing market, like all sectors, is adapting to an uncertain future. Until greater economic clarity emerges, the gap between available inventory and buyer activity will likely persist.

"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. 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."

— Baldev Gill, CEO, Fraser Valley Real Estate Board

July typically brings seasonal slowdown, and with inventory already near decade highs, we anticipate continued buyer's market conditions through summer. For sellers, fall may bring renewed activity; for buyers, current conditions offer genuine—if underutilized—opportunities.