Courtesy of Amanda Milford

Fraser Valley real estate sales activity levels off as market enters seasonal slowdown

11.2%

$1,451,100 detached DOWN 5.1% year-to-year

$519,300 apartment DOWN 5.8% year-to-year DOWN 4.0% year-to-year $814,900 townhouse

Statistics reflect market activity in July 2025 | Source: FVREB ® Fraser Valley Real Estate Board Market values stated are of the benchmark of Fraser Valley and surrounding region. Individual

SALES TO ACTIVE LISTING RATIO

8.9

MONTHS OF INVENTORY

10,650

ACTIVE LISTINGS

BENCHMARK PRICES

apartment 2,593 1,801 townhouse

detached 3,883

3,453

NEW LISTINGS

1,190 SOLD LISTINGS

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.

FOR SELLERS, BEING PROACTIVE IS CRUCIAL - Staging your home is important. - Necessary repairs should be made. - Pricing for the current market is vital.

Prices are down and sales are slow, but movement in the market continues. The real estate landscape is evolved in July. Here’s a snapshot of the current situation across the Fraser Valley, specifically in South Surrey and White Rock. FRASER VALLEY SNAPSHOT - Inventory has dipped slightly, down 2% from June to 10,650 active listings. This is still nearly 50% above the 10-year seasonal average, meaning buyers have plenty of options. - New listings have decreased by 5% to 3,453. - The sales-to-active listings ratio stands at 11%, placing us in buyer’s market territory (a balanced market typically ranges from 12% to 20%). LOCAL INSIGHT – SOUTH SURREY / WHITE ROCK - Prices have dropped by 5.7% year-over-year.

The days of simply “listing and seeing what happens” are over, at least for now. Homes that are well-presented and strategically priced are still selling. Additionally, there’s a broader trend across the province. For the first time in 25 years, British Columbia is experiencing more people leaving than arriving, primarily due to issues with housing affordability. In contrast, Surrey is undergoing significant developments, with over 9,500 new housing permits issued and more than 30 process improvements to expedite approvals. WHAT DOES THIS MEAN FOR YOU? Whether you’re considering selling, buying, or simply want to understand the current market, having a clear plan is essential. I specialize in helping established professionals and families in South Surrey and White Rock navigate the market with strategy, clarity, and confidence—enabling you to make informed decisions without feeling overwhelmed. If you’d like to discuss your options or get an idea of your home’s value in today’s market, I’m here to help.

- Sales decreased by 27.2% in June. - Only 5.3% of homes listed were sold. - 14.8% of listings were withdrawn.

Buyers remain cautious and are taking their time, but I’m noticing more activity compared to last month—there are more showings, more inquiries, and more buyers prepared to make an offer when they find the right home.

COMPLIMENTS OF

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

Thank you Heather for referring me to your friends. I truly appreciate your trust and look forward to seeing you at my VIP Event later this year!

THE AGENCY - WHITE ROCK A Global Marketing and Sales Organization

THE AGENCY WHITE ROCK IS AN INDEPENDENTLY OWNED AND OPERATED FRANCHISEE.

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: dmsmarketing.ca Copyright© 2025 All Rights Reserved / Printed on recyclable material. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by CREA and identify real estate professionals who are members of CREA.