September 2025 Fraser Valley Market Update

by Richie Nagpal

Overall Snapshot

The benchmark price across all residential types dipped to about $926,300 — down ~1% from August and ~5.4% year-over-year.
Sales were 962 units (up ~3% from August but ~2% down from September 2024) and active listings reached 10,583 — up ~17% vs. last year. The sales-to-listings ratio is around ~9% (well into buyer-favouring territory).

Detached Homes

Benchmark: ~$1,420,000, down ~1.2% from August and ~5.4% from last year.
Sales: 344 units (up ~8.5% vs September 2024).
Active listings up ~14%.
Interpretation: Detached homes still hold the highest prices but are clearly softening. For buyers: opportunity. For sellers: realistic pricing is key.

Townhomes

Benchmark: ~$795,600, down ~1.5% month-to-month and ~4.7% year-over-year.
Sales: 332 units (up ~3.6% vs last year).
Active listings up ~29%.
Takeaway: Townhomes are holding up better than condos, offering good value in the middle market. Still a buyer-favouring environment though.

Condos / Apartments

Benchmark: ~$510,400, down ~0.7% vs August and ~6.3% vs last year.
Sales: 262 units (down ~11.5% vs September 2024).
Active listings up ~15%.
Insight: The condo segment is the softest. More supply, fewer sales, bigger price drops = greater buyer leverage.

What It Means for Your Clients

The market is clearly shifting toward buyers.
Sellers need to price well and market smart.
Buyers have more options and negotiating power than in recent years.
Segment matters: Detached = higher ticket, still strong but cooling. Townhomes = solid middle ground. Condos = most favourable for buyers right now.
Use your local expertise (Langley → Chilliwack corridor) to fine-tune what’s happening neighbourhood by neighbourhood.