Fraser Valley Real Estate Board Reports December 2025 Market Trends: Prices Drop Below $900,000

Fraser Valley Real Estate Board — December 2025

In December 2025, the Fraser Valley Real Estate Board reports a composite benchmark price of $897,200, marking a 33% decrease year-over-year. Total sales reached 619, reflecting a significant decline in market activity amid rising inventory levels.

Market Analysis

The Fraser Valley real estate market continues to experience downward pressure on home prices, with the composite benchmark price falling below $900,000 for the first time since spring 2021. The total sales of 619 in December represent a 33% decrease compared to the same month last year, indicating a persistent slowdown in buyer activity. Despite a seasonal increase in new listings, which rose by 128% to 3,078, the overall sales-to-active listings ratio stands at 20.1%, firmly placing the market in buyer territory. This ratio, significantly below the balanced market threshold of 12-20%, highlights the ongoing challenges faced by sellers in attracting buyers in the current environment.

Property Type Analysis

While specific benchmark prices for property types are not available, the overall market dynamics suggest that detached homes, townhouses, and apartments are all experiencing similar trends of declining prices and increased inventory. The average number of days to sell properties has also lengthened, indicating that buyers are taking more time to make purchasing decisions across all property types. This trend is reflective of the cautious approach many buyers are adopting amidst economic uncertainties.

Regional Highlights

The Fraser Valley region is witnessing a notable increase in active listings, with a total of 7,711 available properties, up 11% from the previous month and 54% above the 10-year seasonal average. This elevated inventory level is contributing to the buyer's market conditions, as potential buyers have a wider selection of homes to choose from. However, the overall market activity remains subdued, with sales levels significantly below historical averages, suggesting that buyer confidence continues to be impacted by broader economic factors.

For Buyers

For potential buyers, the current market conditions present an opportunity to negotiate favorable terms, given the high inventory levels and declining prices. It is advisable for buyers to work closely with REALTORS® to develop a strategic approach that aligns with their long-term objectives, taking into account the ongoing economic uncertainties and potential for further price adjustments.

For Sellers

Sellers should be prepared for a competitive landscape where pricing strategies are crucial. With the current market favoring buyers, it is essential to price homes competitively and consider staging and marketing efforts to attract interest. Collaborating with a knowledgeable REALTOR® can help sellers navigate these challenging conditions and position their properties effectively in the market.