Fraser Valley Real Estate Market Report – November 2025: Benchmark Price Declines 5.9% Year-Over-Year

Fraser Valley (MLS® HPI) — November 2025

In November 2025, the Fraser Valley real estate market reports a composite benchmark price of $912,400, reflecting a 5.9% decrease from the same month last year. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Fraser Valley's real estate market shows signs of stabilization as the composite benchmark price decreased from $919,100 in October 2025 to $912,400 in November 2025. This decline represents a continued adjustment in pricing, with a notable year-over-year drop of 5.9% from $969,700 in November 2024. Despite the lack of detailed sales and inventory data, the balanced market condition suggests that supply and demand are relatively aligned, preventing significant price fluctuations in the short term.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $1,397,900, while attached/townhouses are priced at $778,700, and apartments at $496,500. The consistent pricing across these categories indicates that while the overall market is experiencing a downturn, specific segments may be more resilient, particularly in the townhouse and apartment sectors, which often attract first-time buyers and downsizers.

Regional Highlights

Regional trends indicate a shift in buyer preferences, with increased interest in more affordable housing options such as townhouses and apartments. This shift may be attributed to rising interest rates and economic factors that encourage buyers to seek value in their purchases. Additionally, the Fraser Valley continues to attract new residents, contributing to a steady demand for housing despite the current price adjustments.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With prices stabilizing and a variety of property types available, buyers may find opportunities to negotiate favorable terms. It is advisable to conduct thorough research and consider long-term value when making purchasing decisions.

For Sellers

Sellers should remain realistic about pricing in the current market environment. With a year-over-year decline in benchmark prices, it is crucial to set competitive prices to attract potential buyers. Working with a knowledgeable real estate professional can help sellers navigate these conditions effectively and position their properties to stand out.