If you’ve been watching the housing market in the Fraser Valley—whether you're looking to upsize, downsize, or make your very first purchase—September brought some big shifts worth noting.

📉 Home prices in the Fraser Valley dropped again last month, marking six consecutive months of price softening. According to the Fraser Valley Real Estate Board, the benchmark price for a typical home fell to $926,300, down 1% from August and 5.4% lower than this time last year.

So what’s causing the dip? And more importantly—what should you do if you’re thinking of buying or selling in Abbotsford, Mission, or nearby communities?

Let’s unpack what this means for you.

📊 A Buyer’s Market is Back in the Fraser Valley

With inventory at decade-high levels—over 10,583 active listings across the region—buyers are gaining back negotiating power.

👉 The sales-to-active listings ratio sits at 9%, clearly placing us in a buyer’s market. (For reference, anything below 12% favours buyers; 12–20% is balanced.)

While that might sound like tough news for sellers, it’s a fantastic time for buyers to explore more options, negotiate stronger offers, and take their time making decisions.

🔁 Sellers Are Re-Entering the Market Too

After a slower summer, many sellers came back to the table in September. We saw a 23% increase in new listings month-over-month, showing growing confidence—likely because serious buyers are starting to re-emerge.

If you’re planning to list your home soon, this is your cue to stand out with strategic pricing, professional staging, and marketing that grabs attention. (Hint: that’s what we do best!)

🏘️ Property Types & Price Trends (September 2025)

• Single Family Detached: $1,420,000 (↓1.2% from August, ↓5.4% YoY)

• Townhomes: $795,600 (↓1.5% from August, ↓4.7% YoY)

• Condos/Apartments: $510,400 (↓0.7% from August, ↓6.3% YoY)

Whether you’re upsizing into more space or downsizing into something simpler, it’s important to understand how your property type is performing.

Not sure what your current home is worth in this shifting market? Let’s chat and I’ll prepare a custom market evaluation for you. 💬

⏱️ How Long Are Homes Taking to Sell?

In September, properties across the Fraser Valley sat on the market for just over a month on average:

• Detached Homes: 37 days

• Townhomes: 38 days

• Condos: 39 days

It’s not lightning fast—but homes that are priced right and marketed effectively are still moving. If you're thinking of listing this fall, preparation is key.

💡 What This Means For You

🔹 Buyers: This is an excellent time to explore the market with less pressure. You may be able to negotiate a better deal than you would have earlier this year—and then refinance later if rates drop.

🔹 Sellers: It’s still possible to get a strong offer—but only if your home is positioned well. That means competitive pricing, professional photography, and thoughtful staging that highlights your home’s best features. (Don’t worry, I’ve got you covered on all fronts!)

Let’s Navigate This Market Together 🤝

Navigating a shifting market doesn't have to be overwhelming. Whether you're buying your first home, selling your current one, or just exploring your options, I’m here to make sure you feel informed and empowered every step of the way.

📲 Text me at 778-347-4663 or visit www.themodernrealtors.com to book a personalized consultation or view the latest listings.

Let’s make your next move a confident one.

—

Serving Abbotsford, Mission, Langley, Chilliwack, and Maple Ridge with heart, strategy, and results. 💛

#FraserValleyRealtor #AbbotsfordRealEstate #MissionBCHomes #HomeBuyingTips #MarketUpdate #TheModernRealtors #FallRealEstateUpdate #BCHousingMarket #SmartSelling #YourFraserValleyExpert