Fraser Valley Market Update – September 2025

A Closer Look at Abbotsford, Mission, Chilliwack, Langley & Maple Ridge

The Fraser Valley real estate market continued its cool-down through September, marking six straight months of price declines. Inventory remains elevated at decade highs, keeping conditions firmly in favour of buyers. That said, a slight uptick in sales suggests confidence is slowly returning to the market.

Fraser Valley Overview

In September, 962 sales were recorded across the Fraser Valley — a 3% increase from August but still 2% lower year-over-year and 28% below the 10-year average.
Active listings reached 10,583, up 17% from last year, while new listings jumped 23% month-over-month to 3,447.

With a sales-to-active-listings ratio of 9%, the region remains a buyer’s market (balanced = 12–20%).

Prices continued to ease:

• Detached: $1,420,000 (▼ 1.2 % MoM | ▼ 5.4 % YoY)

• Townhomes: $795,600 (▼ 1.5 % MoM | ▼ 4.7 % YoY)

• Apartments: $510,400 (▼ 0.7 % MoM | ▼ 6.3 % YoY)

Average time to sell: 37 days (detached) | 38 days (townhome) | 39 days (condo).

Abbotsford

Abbotsford saw a relatively steady month, with prices edging lower and sales activity mixed.

• Detached sales: 49 (▼ 23 % YoY)

• Townhome sales: 37 (▲ 23 % YoY)

• Apartment sales: 41 (▼ 18 % YoY)

Inventory continues to build: active listings up ≈ 26 % YoY across all property types.

Prices moved modestly lower:

• Detached: $1,152,500 (▼ 1.7 % MoM | ▼ 4.0 % YoY)

• Townhomes: $640,500 (▼ 0.8 % MoM | ▼ 2.6 % YoY)

• Apartments: $415,900 (▼ 1.4 % MoM | ▼ 4.1 % YoY)

Mission

Mission continues to show resilience, especially among detached homes, which remain above last year’s levels.

• Detached sales: 33 (▲ 50 % YoY)

• Townhome sales: 9 (▲ 29 % YoY)

• Apartment sales: 7 (▲ 75 % YoY)

Price trends:

• Detached: $1,015,400 (▼ 1.0 % MoM | ▲ 1.2 % YoY)

• Townhomes: $652,500 (▼ 0.6 % MoM | ▼ 2.9 % YoY)

• Apartments: $436,800 (▲ 0.5 % MoM | ▼ 5.6 % YoY)

Mission remains close to a balanced market, with moderate inventory and steady demand.

Chilliwack (CADREB area)

While not part of the Fraser Valley Real Estate Board, neighbouring Chilliwack followed similar trends in September 2025.

• Detached: $904,600 (▼ 1.3 % MoM | ▼ 4.6 % YoY)

• Townhomes: $621,400 (▼ 1.1 % MoM | ▼ 4.0 % YoY)

• Apartments: $392,500 (▼ 0.8 % MoM | ▼ 5.0 % YoY)
  Sales remain roughly 10 % of active inventory, with average days-to-sell near 40.

Langley

Langley remains one of the more competitive sub-markets but still shows clear buyer advantage.

• Detached sales: 68 (▼ 4 % YoY)

• Townhome sales: 59 (▼ 24 % YoY)

• Apartment sales: 66 (▼ 23 % YoY)

Benchmark prices:

• Detached: $1,576,300 (▼ 0.9 % MoM | ▼ 3.5 % YoY)

• Townhomes: $839,600 (▼ 1.0 % MoM | ▼ 3.8 % YoY)

• Apartments: $579,700 (▼ 1.7 % MoM | ▼ 4.4 % YoY)

Maple Ridge (REBGV area)

Maple Ridge, part of the Greater Vancouver Board, also experienced further cooling in September.

• Detached: $1,285,000 (▼ 1.0 % MoM | ▼ 3.8 % YoY)

• Townhomes: $825,000 (▼ 1.2 % MoM | ▼ 4.0 % YoY)

• Apartments: $539,000 (▼ 0.5 % MoM | ▼ 3.5 % YoY)
  New listings remain ~ 20 % higher YoY, keeping the area comfortably in buyer’s-market conditions.

Takeaway

Across the Fraser Valley and its neighbouring markets:

• Prices softened 4–6 % year-over-year.

• Inventory is at 10-year highs, increasing buyer choice.

• Mission held the steadiest values, while Abbotsford and Langley led the regional decline.

• Buyers currently have the strongest negotiating leverage seen since 2019.