Roots N' Realty October Blog

Happy Thanksgiving, Canada! 🍁
As we celebrate this season of gratitude, I want to take a moment to thank all of my amazing clients, colleagues, friends, and community for your continued trust and support.
This time of year reminds us to pause and appreciate the people and places that make life so special. Whether you're gathering around the table with loved ones, enjoying the beauty of fall, or simply taking a quiet moment of reflection — I hope your Thanksgiving is filled with warmth, joy, and connection.
THINKING OF SELLING IN THE NEXT 3 - 6 MONTHS?

Wondering what your home might be worth?

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• Single Family Detached: At $1,420,000 the Benchmark price for an FVREB single-family detached home decreased 1.2 per cent compared to August 2025 and decreased 5.4 per cent compared to September 2024.
• Townhomes: At $795,600 the Benchmark price for an FVREB townhome decreased 1.5 per cent compared to August 2025 and decreased 4.7 per cent compared to September 2024.
• Apartments: At $510,400 the Benchmark price for an FVREB apartment/condo decreased 0.7 per cent compared to August 2025 and decreased 6.3 per cent compared to September 2024.

Home prices in the Fraser Valley continued their downward trend in September, marking the sixth straight month of declines, amid high inventory.The Benchmark price for a typical home in the Fraser Valley dropped one per cent in September to $926,300, down 5.4 per cent year-over-year. The continued softening of prices may be encouraging some buyers back into the market, as the Fraser Valley Real Estate Board recorded 962 sales on its Multiple Listing Service® (MLS®) in September, an increase of three per cent over August. September sales were down two per cent year-over-year and 28 per cent below the 10-year average.After sitting out for part of the summer, sellers reemerged in September, with new listings up 23 per cent month-over-month to 3,447; up three per cent year-over-year. Overall inventory remains at decade-high levels, with 10,583 active listings, up one per cent from August and up 17 per cent from September 2024.The Fraser Valley remains entrenched in a buyer’s market with an overall sales-to-active listings ratio of nine per cent in September. The market is considered balanced when the ratio is between 12 per cent and 20 per cent.Across the Fraser Valley in September, the average number of days to sell a single-family detached home was 37 days; while for a townhome it was 38 days. Condos took, on average, 39 days to sell.With a Sales-to-Active Listings Ratio of 9% for all property types at September month end, we are still officially in a BUYERS MARKET. This means that if you're considering buying a home, there are amazing opportunities out there right now to both get exactly what you want AND not overpay. 

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⬇️⬇️⬇️⬇️⬇️Click here to schedule a no-obligation phone call!If you are thinking of selling in the next 3-6 months, reply to this email and simply say "Valuation wanted"! Click here for the full list!Not following me on Socials? Don't miss out on all the great content! Click the links below to check it out!As always, THANK YOU for reading. Your time means so much to me. I hope this newsletter has given you value and some down-to-earth information. If 2025 is the year you're considering buying or selling a home, I'd love to connect with you. Coffee's on me!Click Here To Connect With Me!