fraser valley board area DETACHED - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 9% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 1.7% VS 2024
▲ 43% VS 2024
▼ 0.5% VS 2024
▼ 32% VS 2024
There were 3,272 detached listings in the Fraser Valley board area in February, 12% above January and 43% higher than February 2024. February detached home sales increased by 14% month-over-month, to 291, and were 32% below February 2024. The sales-to-listing ratio for detached in the Fraser Valley board area, at 9%, re%ected a buyers' market.
THIS MONTH No. $1,608,164 $1,445,000 9% 291 3,272
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,580,875 $1,452,500 19% 428 2,296
1.7% -0.5% -52% -32% 43%
$1,655,225 $1,494,500 9% 256 2,926
-3% -3% 1.7% 14% 12%
The detached median price in February was $1,445,000, a 3% decrease from January and 0.5% below February 2024.
The average sold price was $1,608,164, 3% below last month and up 1.7% to February 2024.
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
3,868
3,891
3,675
3,462
3,399
3,736
3,684
3,178
3,272
1.78
1.72
1.69
2,926
2,863
1.62
1.59
1.57
2,642
2,296
559
492
429
395
344
349
256
428
291
495
476
450
410
$1.51M $1.49M $1.45M
$1.45M $1.49M $1.50M $1.50M $1.43M $1.45M $1.48M $1.44M
$1.40M $1.45M
24-Feb
25-Jan
25-Feb
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
1,000
800
600
400
16%
14%
14%
200
8%
6%
5%
4%
2%
2%
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
S-L RATIO SALES INVENTORY
140 20 14%
316 50 16%
691 97 14%
979 78 8%
398 15 4%
303 16 5%
208 12 6%
82 2 2%
52 1 2%
103 0 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 11 ●
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