Lower Mainland Housing Market Report: July 2025 - Insights for Buyers and Sellers

The housing market in the Lower Mainland of British Columbia has long captured the attention of potential buyers and sellers alike. As we explore the July 2025 data, we aim to provide clarity on current trends, pricing, and overall market conditions. Whether you are buying your first home or looking to sell your property, this report aims to equip you with valuable insights to navigate this complex market effectively.

Current Market Overview

The Fraser Valley real estate market in July 2025 continued to be a fascinating study in contrasts. While inventory levels remained high, giving buyers considerable power, a persistent gap between seller expectations and buyer offers continued to slow down sales. Here is a breakdown of the market activity for the month, based on data from the Fraser Valley Real Estate Board (FVREB).

Key Takeaways from July

Sales Activity: The FVREB recorded 1,190 sales on its Multiple Listing Service® (MLS®) in July, a slight decrease of 0.4% from June and 3% below sales from July of last year. This figure is also well below the 10-year seasonal average, indicating that buyers remain cautious.

• A Solid Buyer's Market: With a sales-to-active listings ratio of 11%, the market remains firmly in buyer's territory. A balanced market is typically defined as a ratio between 12% and 20%, highlighting the abundant selection and negotiation opportunities for those looking to buy.

• Inventory Levels: The supply of homes for sale saw a minor dip of 2% from June to 10,650, but it remains nearly 50% above the 10-year seasonal average. This high inventory is a key factor in keeping prices in check and giving buyers more time to make decisions.

• Days on Market: Homes are taking a bit longer to sell. The average number of days to sell a single-family detached home or a condo was 38 days, while townhomes took an average of 35 days.

Price Trends

The MLS® Home Price Index (HPI) composite benchmark price for all residential properties in the Fraser Valley decreased by 0.7% in July to $944,800. This softening of prices is a direct result of the ample supply and cautious demand.

• Single-Family Detached: The benchmark price was $1,451,100, a decrease of 0.5% from June 2025 and 5.1% from July 2024.

• Townhomes: The benchmark price was $814,900, down 1.2% from June and 4.0% year-over-year.

• Apartments/Condos: The benchmark price was $519,300, a decrease of 1.4% from June and 5.8% from July of last year.

How Amanti Marketing Group Can Help You Navigate the Housing Market

The current Fraser Valley market, with its high inventory and negotiating power for buyers, presents unique opportunities and challenges. Whether you're buying or selling, having a professional and strategic partner is essential.

For Sellers:

In a market where inventory is high, pricing your home realistically and marketing it effectively are paramount. Amanti Marketing Group specializes in creating compelling listing presentations, using professional photography and targeted digital campaigns to ensure your home stands out. We provide expert advice on pricing strategies to attract motivated buyers, reducing your time on the market.

For Buyers:

This is a market where you have more choice and time to find the perfect home. We can provide you with up-to-the-minute market data, guide you to homes that meet your specific criteria, and use our negotiation skills to secure the best possible price. We will help you navigate the process with confidence, ensuring you take full advantage of the current market conditions.

Ready to make your move in the Fraser Valley? Our team is here to help you understand the data, strategize your next steps, and achieve your real estate goals. Contact us today for a free personalized consultation.