HOLMES REPORT – AUGUST 2025 Market Update (Good news for buyers & sellers!)

August 2025 Real Estate Market Update | Surrey • South Surrey / White Rock • Cloverdale • Langley • Fraser Valley

Hey everyone! We’re back with your August 2025 market update (based on July’s numbers)!

We know, it’s been a little while since our last update. We’ve been busy helping clients, making some exciting changes behind the scenes, and… we just launched our brand-new website at holmesteam.ca!

Now that we’re all set up to serve you even better, let’s dive right into what’s happening across Surrey, South Surrey/White Rock, Cloverdale, Langley, and the Fraser Valley overall.

Surrey

  • Benchmark Price: $1,002,500 (down ~1% from June, and ~7% year-over-year)

  • Days on Market: 38 (up from 32 in June and 29 last July)

  • Sales: 147 (steady from June)

Buyers are still active but taking their time. Sellers: sharp pricing and standout presentation matter more than ever.

South Surrey / White Rock

  • Benchmark Price: $1,105,600 (holding steady vs. June, down ~8.5% YOY)

  • Days on Market: 40 (up from 33 last July)

  • Sales: 155 (down from 188 in June)

Prices are stable, but homes are sitting longer. Buyers are clearly being choosy here.

Cloverdale

  • Benchmark Price: $1,004,000 (slightly lower than June, down ~5% YOY)

  • Days on Market: 29 (up from 26 in June and just 21 last July)

  • Sales: 85 (a touch higher than June’s 82)

Competitive homes still move—presentation + pricing are key.

Langley

  • Benchmark Price: $1,021,200 (slight dip from June, down ~2.5% YOY)

  • Days on Market: 34 (steady from June, longer than 26 last July)

  • Sales: 255 (down slightly from 270 in June)

Balanced conditions: not too hot, not too cold.

Fraser Valley (Overall)

  • Benchmark Price: $944,800 (down ~1% from June, ~5% YOY)

  • Days on Market: 37 (vs. 35 in June, 28 last July)

  • Sales: 1,055 (slightly below June’s 1,080)

Market-wide, we’re seeing longer selling times, small price adjustments, and patient buyers waiting for the right fit.

What Does This Mean for You?

  • Buyers → You’ve got time, leverage, and options.

  • Sellers → Pricing is everything, and the right marketing strategy makes all the difference.

That’s where we come in. If you’re thinking of making a move or just curious how these numbers affect your home, reach out to us anytime!

Call us anytime or shoot us an email, we’re always happy to help!
Call or text us at 778.834.9929
Email: [email protected]

See you next month with another update!