North Delta's housing market is currently offering significant opportunities for prospective buyers, as property prices continue to experience a downward trend. This shift, influenced by broader economic uncertainties, has led to increased inventory and softer prices, yet buyer demand has remained hesitant. The Fraser Valley Real Estate Board (FVREB) reports a notable decrease in sales activity compared to previous years, creating a buyer's market.
Key Takeaways
- North Delta's benchmark price for single-detached houses saw a 10.6% year-over-year decrease in December 2025.
- Townhouse and condo prices also experienced year-over-year declines of 3.4% and 6.4% respectively.
- The market experienced decade-high inventory levels, providing buyers with ample choice.
- Despite favorable conditions, buyer demand has been subdued due to general economic uncertainty.
Market Performance and Buyer Hesitancy
The Fraser Valley Real Estate Board (FVREB) has characterized 2025 as a year of sagging market conditions, with buyers opting to wait on the sidelines. Sales across the Fraser Valley declined by 16% compared to 2024 and were 33% below the 10-year average. This hesitancy, according to FVREB chair Tore Jacobsen, reflects a wider market climate across the province and the country.
North Delta's Specifics
In December 2025, the benchmark price for a single-detached house in North Delta stood at $1,267,100. This represents a slight decrease from the previous month and a significant 10.6% drop compared to December 2024. This year-over-year decline was more pronounced than that observed in Ladner and Tsawwassen. Overall sales of detached houses in North Delta also fell by 21.5% last year. The benchmark prices for townhouses and condos in North Delta were $912,800 and $520,600, respectively, showing year-over-year decreases of 3.4% and 6.4%.
