November 2025 Real Estate Market Update for Delta, Surrey & Langley

The Fraser Valley real estate market—including Delta, Surrey, and Langley—continued to shift in November 2025. With rising inventory, slower sales, and softening prices, the region has officially moved into a buyer’s market, creating new opportunities for homebuyers and challenges for sellers.

If you’re considering buying or selling, here’s what you need to know.

Market Overview: A Clear Buyer’s Market in the Fraser Valley

The housing market across Delta, Surrey, and Langley is experiencing more balance after years of intense activity, but conditions now favor buyers.

Key trends for November 2025:

●       Sales remain below seasonal averages, despite a small monthly increase.
●       Inventory is high, with more than 10,000 active listings across the Fraser Valley.
●       The sales-to-active listings ratio sits around 11%, indicating a firm buyer’s market.

What this means: Buyers have more leverage, more choice, and more time to make decisions.

Home Prices Continue to Adjust

Property values across the region have been slowly adjusting as buyers become more cautious and sellers face increased competition.

Benchmark Prices (November 2025)

●       Fraser Valley composite home price: ~$919,900
●       Surrey detached homes: ~$1.51M
●       Surrey townhomes: ~$804,000
●       Surrey condos: ~$495,000
●       Similar price softening is seen in Langley and Delta.

Overall, prices are 5–7% lower year-over-year, with detached homes showing the largest declines.

What this means: Buyers entering the market today may find better value compared to last year, especially in townhomes and detached homes.

Inventory Levels Are High, and Homes Are Taking Longer to Sell

Across Delta, Surrey, and Langley, inventory remains elevated. New listings slowed slightly heading into the fall, but total listings remain high compared to previous years.

Average days on market:

●       Detached homes: ~42 days
●       Townhomes: ~37 days
●       Condos: Slightly faster but still slower than earlier in the year

For sellers: Pricing strategy and presentation matter more than ever.
For buyers: Negotiation power is strong, with many sellers open to flexible terms.

City-by-City Breakdown

Surrey Real Estate Market – November 2025

Surrey continues to see steady activity, especially in condos and townhomes. Inventory remains high across all product types, leading to downward pressure on prices.

Opportunities:

●       First-time buyers
●       Investors looking for long-term value
●       Downsizers exploring condo option

Langley Real Estate Market – November 2025

Langley mirrors Surrey’s trends with high inventory, softer pricing, and steady demand for townhomes and condos.

Opportunities:

●       Townhomes offering better value
●       Condos with strong rental potential
●       Families upgrading while prices are softer

Delta Real Estate Market – November 2025

Delta’s market aligns with the broader Fraser Valley: lower prices compared to last year, longer selling times, and motivated sellers.

Opportunities:

●       Single-family homes with room to negotiate
●       Upsizing for families seeking more space

Is Now a Good Time to Buy or Sell?

For Buyers

More listings to choose from
Better prices than last year
Less competition
Strong negotiating power

If you’ve been waiting for the market to cool down, this is your moment.

For Sellers

Serious buyers are still active
Well-priced homes are still selling
Preparing, staging, and pricing strategically is essential

What to Watch in December 2025

As we head into the winter market, keep an eye on:

●       Interest rate announcements
●       New listing volume (typically lower in December)
●       Price trends for detached homes
●       Buyer activity before year-end
●       Negotiation trends as motivated sellers enter the market

Final Thoughts

The November 2025 Delta, Surrey, and Langley real estate markets are offering more balance, more opportunities for buyers, and clearer pricing expectations for sellers. Whether you’re planning to move soon or simply staying informed, understanding these trends can help you make confident decisions.

If you’d like a personalized breakdown of what this market means for your home or your buying plans, I’d be happy to help. Visit us now.