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

Fraser Valley Real Estate Board — December 2025

The Fraser Valley Real Estate Board reports a composite benchmark price of $897,200 in December 2025, marking a 33% decrease year-over-year. Total sales reached 619, while new listings surged to 3,078, indicating a continued shift towards a buyer's market.

Market Analysis

The Fraser Valley real estate market continues to experience significant 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% decline compared to the same month last year, reflecting ongoing buyer hesitancy amid economic uncertainties. Despite a notable increase in new listings—up 128% from the previous month—overall sales remain 10% below last year's levels, highlighting a disconnect between supply and demand in the current market.

Property Type Analysis

While specific benchmark prices for detached, attached, and apartment properties are not available, the overall market dynamics suggest that buyers are favoring more affordable options. The increase in active listings to 7,711, which is 54% above the 10-year seasonal average, indicates a broader selection for buyers, particularly in the townhouse and apartment segments, where price sensitivity is likely more pronounced.

Regional Highlights

The Fraser Valley remains firmly in a buyer's market, characterized by a sales-to-active listings ratio of 20.1%. This ratio is significantly below the balanced market threshold of 12-20%, indicating that buyers have the upper hand in negotiations. The average number of days to sell a property has also increased, with single-family homes taking an average of 55 days, further emphasizing the current market conditions.

For Buyers

For potential buyers, this is an opportune time to enter the market, given the high inventory levels and declining prices. Buyers are encouraged to work closely with REALTORS® to develop tailored strategies that align with their long-term goals, ensuring they make informed decisions in a fluctuating market.

For Sellers

Sellers should be mindful of the current market dynamics and adjust their expectations accordingly. With inventory levels high and buyer demand subdued, pricing homes competitively and being flexible with negotiations can help attract potential buyers in this challenging environment.