December has arrived, bringing cozy nights, festive lights, and the perfect moment to look back on how the Fraser Valley real estate market is wrapping up the year. While many people hit pause for the holidays, the market is still moving—and offering some interesting opportunities for buyers, sellers, and investors alike.
What’s Happening in the Market?
This month, both inventory and sales dipped as expected for the season. Many buyers and sellers tend to take a break in December, but those who remain active are motivated and serious about making a move.
Here’s a quick snapshot of the latest numbers:
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Homes for sale: 6,952 (down from 7,504)
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Residential sales: 828 (down from 989)
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Composite benchmark price: $912,400 (down from $919,900)
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Detached homes: $1,405,500
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Townhomes: $778,700
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Condos: $496,500
Across all home types, prices softened slightly, offering a more balanced feel to the market.
What This Means for You
Sellers:
With inventory tightening, your home still has room to shine—especially if it’s priced well and professionally presented. Serious buyers are still out there, even in December.
Buyers:
Softening prices may give you a bit more negotiating leverage. If you’ve been waiting for the right moment to enter the market, this quieter period could be your window.
Investors:
A slower month plus lower prices can create excellent entry points for long-term holds or rental-focused purchases.
Want the Full Breakdown? 🎥
For a quick, easy-to-digest overview, watch our December Market Update video—we walk you through the numbers, trends, and opportunities you should be paying attention to this month.
👉 Watch the video above!
Ready to Make a Move?
If you’re wondering how these shifting numbers impact your next step—whether buying, selling, or investing—we’d love to help you map out your strategy. Reach out anytime, and let’s head into the new year with confidence.
Warmly,
Greg & Liz