Buying Opportunities Remain Untapped

By Jayson Sidhu

Jayson Sidhu is a trusted real estate advisor with over 17 years of award-winning service in the North Delta and Surrey areas.

Thinking about buying a home in the Fraser Valley in 2025? Now is the perfect time to do so. Buying opportunities continue to emerge in the Fraser Valley real estate market, and in this month’s market update, you’ll know why. Today, I’m breaking down exactly what happened in the local real estate market in June 2025, covering sales activity, listings, pricing, and what the numbers could mean for buyers and sellers moving forward. Before making a move, here’s everything you need to know:

Sales. The Fraser Valley Real Estate Board recorded 1,195 total home sales. This figure is virtually unchanged from May and reflects only a 1% increase compared to June of last year. However, sales remain 9% lower than last year’s overall pace and sit approximately 33% below the ten-year seasonal average. This indicates that while activity hasn’t dropped off dramatically, it hasn’t seen any significant increase either.

Listings. New listings totaled 3,618 in June, down 10% from May. Despite the decline, overall inventory continues to climb. Active listings approached 11,000, a 2% month-over-month increase and a 30% jump from this time last year. This trend suggests a clear theme: there is no shortage of homes on the market, providing buyers with more selection than they’ve had in recent months.

Buyer’s territory. The sales-to-active listings ratio held steady at 11%, which keeps the market firmly in the buyer’s territory. A balanced market typically falls between 12% and 20%, so we are just below that range. Buyers still have the upper hand when it comes to negotiations and making decisions, although the market is inching closer to balance. If interest rates shift or confidence increases in key trade discussions, we could see that balance return by fall.

Benchmark price. The benchmark price for a single-family detached home now sits at $1,458,600. That’s a 1.6% decline from May and 4.6% lower than June 2024. Townhomes came in at $824,400, down 1% month over month and 3.1% year over year. Condos are now priced at $526,500, representing a 1.2% drop from May and a 4.5% decline compared to last year.

What do all of these numbers mean? Economic uncertainty continues to influence buyer behavior. Trade tensions, inflation concerns, and affordability challenges are leading some buyers to pause. However, those who are ready to move forward are finding a market full of opportunity, with more homes to choose from and sellers showing greater flexibility on pricing.

If you have questions or need guidance, don’t hesitate to reach out. You can call me at (604) 805-5897 or send an email to Jayson@JaysonSidhu.com. Schedule a free consultation and I’ll create a personalized buying strategy to help you find your dream home. I look forward to hearing from you.