Courtesy of Amanda Milford

Fraser Valley Update

11.2%

$1,505,500 detached DOWN 1.2% year-to-year

$540,900 apartment DOWN 2.6% year-to-year DOWN 1.7% year-to-year $833,700 townhouse

SALES TO ACTIVE LISTING RATIO

8.9

MONTHS OF INVENTORY

9,219

ACTIVE LISTINGS

BENCHMARK PRICES

apartment 2,371 1,495 townhouse

detached 3,253

3,800

1,036 SOLD LISTINGS

NEW LISTINGS

South Surrey Real Estate Update: What Established Movers Need to Know

Market Overview If you’re navigating one of life’s big transitions — whether you’re upsizing, downsizing, or adapting to family changes — you’re probably wondering what all this market data actually means for you. The Buyer’s Market Reality There are currently 627 active listings , and just 31 sales happened in March. That means only about 4% of homes sold, and nearly 10% of listings were withdrawn . Buyers have options — and they’re taking their time. If you’re buying, you have negotiating power. If you’re selling, it’s more important than ever to price within the market and present your home beautifully to stand out. The Pricing Picture The average home sold for about 3% below asking in March. That tells us buyers are negotiating — and sellers need to be realistic. Pricing too high can lead to fewer showings, longer days on market, and in some cases, no sale at all. My advice? Price it right from the start and make sure your home looks amazing online and in person. First impressions matter. The Psychology of the Market There’s a lot of uncertainty in the air — with tariffs, interest rate changes, and global economic shifts. Some buyers are sitting on the sidelines. But not everyone. Cash buyers and well-positioned buyers are taking advantage of this slower market. They’re negotiating

well and buying strategically — often without competition. At the same time, sellers who are well-prepared and priced correctly are still achieving strong results — and then turning around to buy in the same buyer-friendly conditions. This is one of those rare times where both sides — buyer and seller — can win, if they approach the market with the right strategy. The Human Side of Real Estate I know this isn’t just about selling a house or finding a new one. You’ve done the starter home. The fixer-upper. Now you’re making decisions that reflect where you are in life — and where you’re going next. Kids in university. A career still in full swing. Maybe you’re thinking about downsizing or finding something that just fits better for how life looks now. And for many of us, there’s another layer — or maybe it’s you who’s starting to think about downsizing, because the home you’re in now just feels like too much to manage. These are real life moments, and they deserve care, clarity, and a steady hand. This move should feel right for you and your family — and I’m here to help make that transition smoother, smarter, and maybe even more enjoyable than you expected. If you’re wondering how all of this applies to your situation, let’s chat. Send me an email or give me a call. I’m always happy to be your sounding board. Statistics reflect market activity in March 2025 | Source: FVREB ® Fraser Valley Real Estate Board Market values stated are of the benchmark of Fraser Valley and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

COMPLIMENTS OF

604.330.2975 amanda.milford@theagencyre.com AMANDA MILFORD PERSONAL REAL ESTATE CORPORATION

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