South Delta's real estate market is exhibiting signs of stabilization as the year draws to a close. Recent data from Greater Vancouver Realtors (GVR) indicates a slight uptick in home sales compared to the previous year, influenced by a Bank of Canada rate cut and easing prices. This trend offers potential optimism for fall homebuyers.
Greater Vancouver Realtors reported a modest 1.2 percent rise in residential sales across Metro Vancouver in September 2025 when compared to the same month in the previous year. Despite this increase, sales remain 20.1 percent below the 10-year seasonal average. Andrew Lis, GVR's director of economics and data analytics, noted that a recent Bank of Canada rate cut, with expectations of further reductions, is contributing to buyer optimism for the fall market. He highlighted that falling prices, substantial inventory levels, and more attractive borrowing costs are presenting numerous opportunities for prospective homeowners.
In Ladner, the benchmark price for a single-detached house in September 2025 was $1,374,700, showing little change from the preceding month. However, this figure represents a decrease from the September 2024 benchmark price of $1,459,300.
Tsawwassen experienced a one percent increase in its benchmark price for single-detached houses, reaching $1,529,500 in September 2025. This is also down from the $1,613,600 recorded in September 2024.
For townhouses in Ladner and Tsawwassen, the benchmark price in September 2025 stood at $1,027,600 and $964,900, respectively.
Condominium benchmark prices in Ladner and Tsawwassen were reported at $642,400 and $625,500 for September 2025.