June 2025 Surrey Real Estate Market Update: A Shift Toward Buyers
The Surrey housing market is entering a more balanced—if not buyer-friendly—phase this June. With more listings hitting the market and properties taking longer to sell, buyers are seeing improved opportunities across the board.
Key Market Stats (June 2025)
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Median Home Price: $1,285,050
Up slightly (1.7%) from May’s $1,263,062, suggesting a modest return in seller confidence. -
Active Listings: 6,506
A 12% jump from the previous month, giving buyers more inventory to choose from. -
New Listings: 531
A healthy stream of fresh homes entering the market, creating variety and reducing bidding pressure. -
Average Time on Market: 43 days
Homes are now sitting nearly 13% longer than last month, a clear indicator that buyers can take their time and negotiate.
What Does This Mean?
Surrey’s market has cooled compared to previous high-pressure months. The increase in supply and steadier pricing means:
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Buyers have more leverage, especially if sellers are eager to close before summer ends.
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Sellers should focus on competitive pricing, home presentation, and smart marketing to stand out.
While pricing hasn’t dropped significantly, stability is replacing urgency—great news for those entering the market for the first time or moving up the property ladder.
Pro Tips
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For Buyers: Get pre-approved and shop smart. With more options and slower turnover, you're in a strong position to make a thoughtful offer.
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For Sellers: Work with a local agent to highlight your property’s unique value. Be prepared for longer negotiation periods.
Need help navigating the market?
?? Get in touch with a local Surrey agent for a personalized update or home valuation.