Why This Buyer’s Market Might Be Your Best Opportunity Yet
House for Sale in Surrey, BC: Why This Buyer’s Market Might Be Your Best Opportunity Yet
Navigating the current Fraser Valley real estate market in 2025
The Fraser Valley Real Estate Market: A Snapshot of June 2025
If you've been holding off on your home search in Surrey, BC, now might be the time to act. According to the latest report from the Fraser Valley Real Estate Board (FVREB), the market continues to tilt in favour of buyers—with an abundance of listings, moderating prices, and longer selling times all pointing to opportunity.
In June 2025, the FVREB recorded 1,195 sales across the region. That’s just a 1% increase from May and a notable 9% dip from the same time last year. But perhaps most telling is that sales remain a full 33% below the 10-year average. That’s not just a cooling market—it’s one with untapped potential.
As a Surrey resident and long-time REALTOR®, I remember what it felt like just a few years ago when multiple offers and rapid price escalations defined the buying process. Fast forward to today, and it's a very different story—one where patience and preparation can really pay off.
A Buyer’s Market: What That Really Means for You
Surrey’s Real Estate Scene is Ripe with Inventory
Active listings in the Fraser Valley reached nearly 11,000 in June—up 2% from May and 30% more than this time last year. Surrey, being one of the key regions in this data set, offers a broad range of options for potential buyers, from modern condos in City Centre to spacious detached homes in Fleetwood and Cloverdale.
For first-time homebuyers or families upgrading their living situation, this growing inventory means fewer bidding wars and more time to make decisions.
Sales-to-Active Listings Ratio: A Glimpse into Market Conditions
The current sales-to-active listings ratio sits at 11%, which is considered below the threshold for a balanced market (12–20%). When this ratio is low, it typically suggests that buyers have more negotiating power—whether that's on price, contingencies, or possession dates.
This creates a rare window where buyers can enter the market more confidently and strategically.
Pricing Trends: Homes Becoming More Affordable
Let’s talk numbers. Across the Fraser Valley, the Benchmark prices in June 2025 saw modest declines across all housing types:
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Single-Family Homes: $1,458,600 (down 1.6% from May and 4.6% from last year)
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Townhomes: $824,400 (down 1.0% from May and 3.1% from last year)
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Condos/Apartments: $526,500 (down 1.2% from May and 4.5% from last year)
These decreases, though relatively slight, reflect a shift toward affordability. For buyers in Surrey, it could mean snagging a property at a price point that hasn’t been seen in years—especially when factoring in the broad selection now available.
How Long Are Homes Taking to Sell in Surrey?
Another advantage for buyers is time. In June, it took:
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39 days to sell an apartment
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35 days to sell a detached home
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30 days to sell a townhome
This means properties aren’t flying off the shelves, giving buyers ample time to conduct inspections, secure financing, and negotiate favourable terms—luxuries that simply didn’t exist during the real estate frenzy of 2021–2022.
The Economic Backdrop: Why Uncertainty Can Be a Buying Advantage
Admittedly, economic uncertainty is playing a significant role in buyer hesitation. Concerns over interest rates, global trade policies, and inflation are affecting how and when people decide to make a move.
But as Tore Jacobsen, Chair of the FVREB, pointed out: “For buyers who can tolerate the current economic uncertainty, this market offers some very real opportunities.”
From personal experience, the best real estate decisions I’ve made came at times when others were hesitant. In fact, our family’s purchase of a detached home in Surrey in 2010 came during a sluggish market—yet we ended up securing a home that gained substantial value over the years to come.
Why Surrey Continues to Shine
Strong Long-Term Growth
Surrey remains one of BC’s fastest-growing cities, with continued investment in infrastructure, schools, and public transit. The development of SkyTrain extensions and revitalization of key neighbourhoods ensures that homes purchased today will appreciate over time.
Diverse Neighbourhoods for Every Buyer
Whether you're drawn to the urban energy of City Centre, the family-focused feel of Guildford, or the quiet charm of South Surrey, the city offers a lifestyle fit for every phase of life.
Tips for Buyers Eyeing a House for Sale in Surrey, BC
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Get Pre-Approved: With prices softening and inventory rising, being pre-approved can make your offer more competitive.
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Work with a Local Realtor: A Surrey-based agent knows neighbourhood trends and can help you spot hidden gems.
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Don’t Rush: With longer selling times, you have the luxury of viewing multiple properties and negotiating with confidence.
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Think Long-Term: Even with short-term market dips, Surrey’s appeal as a livable, growing community makes it a smart long-term investment.
Final Thoughts
In many ways, Surrey’s current housing market represents a quiet opportunity for those ready to step in while others are still sitting on the sidelines. With more homes on the market, prices showing slight decreases, and less competition from other buyers, this summer could be your chance to find a home you love at a price that fits.
So if you've been browsing listings for a house for sale in Surrey, BC, don't wait too long—this moment might just be your entry point into the market.
Additional Resources
Contact Us
Interested in making a move? Connect with us to explore current listings or receive a customized home search in Surrey, BC.
📧 Email: Sunny@Kaler.ca
📞 Phone: (778) 320-0002
📍 Location: Surrey, BC
Disclaimer
This blog is for informational purposes only and does not constitute legal or financial advice. Please consult with a licensed advisor before making any property-related decisions.
About Us
Sunny Kaler Personal Real Estate Corp is a trusted real estate brand serving Surrey and the Fraser Valley with integrity, local expertise, and a client-first mindset. Led by longtime Surrey resident Sunny Kaler, we specialize in personalized service, honest advice, and results-driven strategies—whether you're buying, selling, or investing. With deep community roots and a passion for helping people find home, we’re here to guide you every step of the way.
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