Fraser Valley Real Estate Market Update – October 2025

Steady Demand Meets Fall Momentum in the Fraser Valley

October 2025 is shaping up to be a busy fall market for the Fraser Valley. With stable prices, motivated buyers, and strong demand for family-friendly homes, this month offers opportunities for both buyers and sellers.

While interest rate cuts remain on the horizon, the current market is being driven by confidence, affordability, and location-specific demand across Surrey, Langley, Abbotsford, and Chilliwack.

Market Snapshot – October 2025 Highlights

The Fraser Valley Real Estate Board (FVREB) reports:

●       Sales activity is up 6% from September
●       New listings are rising as sellers aim to close before year-end
●       Balanced to slightly seller-leaning conditions across Surrey and Langley
●       Condos and townhomes are the fastest-moving segments

Fraser Valley Home Prices – October 2025

Prices remain stable across the board, with slight increases in townhomes and condos driven by affordability demand.

Interest Rate Watch – Market Confidence Grows

While the Bank of Canada has not yet cut interest rates, mortgage brokers are anticipating a rate drop before year-end.

●       Fixed mortgage rates remain around 5.3%–5.5%
●       Buyers with rate holds are acting fast to secure homes now
●       Sellers are benefiting from motivated buyers before the holiday slowdown

Advice for Sellers – October Strategy

If you’re selling this fall:

●       List now before holiday season distractions slow buyer activity
●       Highlight energy efficiency and move-in ready upgrades
●       Market to buyers looking to close before the end of 2025

Homes near schools, shopping hubs, and transit-friendly areas remain hot spots.

Buyer Tips – October 2025

●       Focus on townhomes and condos, where inventory is increasing
●       Consider Mission and East Abbotsford for detached homes under $1M
●       Move quickly with pre-approval in hand — the best homes are selling within 2 weeks

Looking Ahead to the Winter Market

As 2025 winds down, we expect a slight dip in listings by December but a potential surge in demand if interest rates are cut. Buyers waiting for lower financing costs may return in full force by early 2026.

Fraser Valley Real Estate FAQ – October 2025

Q1: Is October a good time to sell my home in the Fraser Valley?
 Yes. Buyer demand remains steady, and sellers can still capture strong prices before the holiday slowdown.

Q2: Will interest rates drop before the end of 2025?
 While no official cut has been made yet, many economists expect the Bank of Canada to ease rates in late 2025 or early 2026.

Q3: Which Fraser Valley communities offer the best value right now?
 For affordability, look to Mission, East Abbotsford, and Cloverdale. For long-term investment, Langley (Willoughby) and South Surrey remain top choices.

Q4: Are condos a good investment in the Fraser Valley?
 Yes. With affordability pressures on detached homes, condos are in demand for both first-time buyers and rental investors.

Let’s Plan Your Next Move

Whether you’re ready to sell this fall or preparing to buy before rates shift, our team offers expert local knowledge and proven strategies.

Contact us today for a free home evaluation or buyer consultation.