Fraser Valley Overview: Sales Dip While Inventory Swells
The Fraser Valley real estate market in September 2025 painted a complex picture, one that realtors and buyers alike are watching closely. While the overall mood remains one of cautious optimism, the latest figures show some significant shifts that are creating new opportunities for buyers.
The Big Picture: Inventory Growth & Stabilizing Prices
The headline for September is the strong increase in available housing stock.
The remarkable surge in Active Listings compared to September 2024 is the most significant data point. For months, inventory scarcity has constrained the market. Now, with over 10,500 properties available, buyers have more choice and less pressure to engage in bidding wars.
This increased choice, coupled with a slight decline in sales, contributed to a drop in the Average Price to $986,674 year-over-year. This price adjustment is a healthy sign of normalization after previous rapid growth.
Deep Dive: The Mission Market—A Hidden Gem is Heating Up
While the Fraser Valley saw a general cooling trend, the Mission real estate market showed considerable resilience and, in some segments, exceptional growth. This makes Mission an increasingly attractive option for buyers seeking value.
Detached Homes: The Strongest Performance
Mission’s Detached Home sector was the star performer in September.
- Sales Soared: Detached home sales shot up by an astonishing compared to September 2024 (33 sales vs. 22). This suggests strong demand for single-family homes in the community.
- Benchmark Price Stable: Despite the sales activity, the Benchmark Price held firm at $1,015,400, showing only a minor year-over-year change, proving the long-term value of these properties.
Townhouses and Apartments: Growth Across the Board
Both the Townhouse and Apartment segments in Mission saw healthy increases in sales, indicating a broad-based desire to live in the area:
- Townhouses: Sales were up year-over-year. While the benchmark price saw a small dip, the high volume of sales demonstrates strong demand for this popular middle-ground housing type.
- Apartments: The most affordable housing type saw a spectacular jump in sales! The Benchmark Price of $436,800 is a highly competitive entry point compared to other parts of the Fraser Valley.
What Does This Mean For You?
For Sellers in the Fraser Valley:
The market is normalizing. The days of guaranteed multiple-offer scenarios are less common unless your property is priced sharply and presented immaculately. The increased competition (17.0% more active listings) means excellent staging, high-quality photos, and professional representation are more critical than ever to ensure a quick sale.
For Buyers in Mission, BC:
Now is the time to act. Mission is demonstrating exceptional value and demand. The combination of strong sales growth (especially in detached and apartment sectors) and relatively stable prices suggests this hidden gem is being rapidly discovered. Locking in a property now could offer significant equity potential as sales volumes continue to rise.
Year-to-Date: Looking at the Long Game
While overall sales remain down for the year compared to a historically strong 2024, the increase in new listings year-to-date confirms the long-term trend: The Fraser Valley market is actively replenishing its supply, creating a more sustainable and less volatile environment for the future.
Ready to navigate the Mission market? Understanding these local statistics is the first step. If you’re looking for personalized insights or guidance on buying or selling in this unique market, I’m here to help.