Fraser Valley Real Estate Market Update – Mid-September 2025

We’re halfway through September, and the Fraser Valley Real Estate Board (FVREB) stats are giving us an early look at how the month is shaping up compared to both last month and this time last year. Let’s break it down.

📊 The Numbers

  • September 2025 (to Sept 18 – 13 of 20 working days)

    • Active Listings: 2,369

    • Sales: 612

    • Absorption Rate: 25.8%

  • August 2025 (full month)

    • Active Listings: 2,032

    • Sales: 632

    • Absorption Rate: 31.1%

  • September 2024 (full month)

    • Active Listings: 2,450

    • Sales: 654

    • Absorption Rate: 26.7%

📈 September vs. August 2025

  • Inventory Growth: Listings jumped from 2,032 in August to 2,369 mid-September — that’s a 16.6% increase in available homes.

  • Sales Pace: August finished with 632 sales. We’re already at 612 sales in just 13 working days this month. If the pace continues, we could see 900–950 sales by month’s end, which would be a major increase.

  • Absorption: On paper, absorption looks lower mid-September (25.8% vs. 31.1%). But since we’re only halfway through the month, that number is likely to climb. If sales land near 900 with inventory around 2,400–2,500, September could end in the 36–38% range — noticeably stronger than August.

Takeaway: More homes on the market, but sales are keeping up and could even surpass August’s performance.

📉 September 2025 vs. September 2024

  • Inventory Levels: Very similar — 2,450 listings last year vs. 2,369 now.

  • Sales Volume: Last September finished with 654 sales. This September is already at 612 mid-month. On pace, we could close around 900–950 — a 40–45% increase year-over-year.

  • Absorption Rate: Last year September ended at 26.7%. If this month finishes as projected (36–38%), it would mark a much stronger demand picture than last year.

Takeaway: Year-over-year, this September looks significantly more active, with buyers writing more offers and absorbing inventory faster.

🔎 What the Trend Shows

  • Inventory is climbing compared to August, giving buyers more choice.

  • Sales are accelerating, not slowing, which points to stronger demand than both last month and last year.

  • Absorption is on track to finish well above August 2025 and September 2024, showing that more of the available homes are being sold.

Put simply: September 2025 isn’t just holding steady — it’s trending hotter than both recent history and last year.

💡 Why This Matters

  • If you’re selling, it means there are more buyers in play than last year and they’re actively making moves.

  • If you’re buying, you’ll find more inventory than August, but you’ll also be competing with more buyers — meaning the best homes are still moving quickly.

☕ Curious about how these trends affect your specific neighbourhood in South Surrey, White Rock, or Langley? Let’s sit down for a coffee and review the numbers together.

📩 [email protected] | ☎️ 778-222-6975