Mission Townhouse Real Estate Market Update August 2025

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The Fraser Valley Real Estate Board recently published the MLS® statistics for the Mission real estate market, among others, for August 2025.

In this post, we’re going to take a close look at key numbers for the Mission townhouse market for August 2025 – including sales, new listings, active listings, as well as benchmark, median and average prices for townhouses for sale in Mission.

We're also going to see what kind of shape the townhouse market in Mission was in for the month – whether it was a buyer's market, a balanced market, or a seller's market.

Current market conditions are allowing buyers the opportunity to make bold offers, especially for properties that have been on the market for a while and where sellers may be more motivated. As in all transactions, timing is everything and we expect to see more buyers come off the sidelines heading into fall to take advantage of the lower price floor.

Tore Jacobsen – President, Fraser Valley Real Estate Board

And we're going to look at how the Mission MLS® numbers for August 2025 compare with the numbers for August 2024 and for July 2025.

Highlights of FVREB MLS® Data on Mission Townhouse Listings and Sales

Here's a high-level snapshot of listing and sales activity for Mission townhouses in August 2025.

  • 8 Sales
  • 17 New Listings
  • 49 Active listings
  • $656,500 Benchmark Price
  • $669,500 Median Price
  • $684,250 Average Price

The sales-to-active-listings ratio netted out a market absorption rate of 16.33%, indicating that it was a Balanced Market for townhouses in Mission in August 2025 (click on the link learn more about local housing market ratios on the BC Real Estate Association blog).

Please note: If you want the most accurate and up-to-date data on Mission MLS® listing and sales activity for townhouses, you need to speak with a real estate agent.

Mission Townhouse Market Changes

Following are some of the highlights for townhouses for sale in Mission in August 2025:

  • There were 8 townhouse sales in Mission in August 2025 – an increase of 14.29% over August 2024 and 0.00% over July 2025
  • There were 17 new listings of townhouses in Mission in August 2025 – an increase of 13.33% over August 2024 and a decrease of -19.05% over July 2025
  • The average price of a townhouse in Mission in August 2025 was $684,250 – an increase of 0.61% over August 2024 and an increase of 10.70% over July 2025

If you're really keen to understand what happened in the market for townhouse in Mission in August 2025, make sure you check out the next section.

Detailed Overview of the Market for Townhouses in Mission

Check out the table below for more detailed information on what happened in the Mission townhouse market in August 2025 and see how it compares with the previous year and previous month.

Mission Townhouse Stats

Metric Aug 2025 Aug 2024 % Change Jul 2025 % Change
Sales 8 7 14.29% 8 0.00%
New Listings 17 15 13.33% 21 -19.05%
Active Listings 49 42 16.67% 47 4.26%
Benchmark Price $656,500 $684,400 -4.08% $663,000 -0.98%
Median Price $669,500 $714,900 -6.35% $644,500 3.88%
Average Price $684,250 $680,117 0.61% $618,112 10.70%

Disclaimer

All of the data for the monthly real estate market updates are taken directly from the MLS® statistics packages that the Fraser Valley Real Estate Board publishes every month.

Although rare, errors and omissions may happen from time to time. If you want to be absolutely certain the you have the most accurate data, we encourage you to click on the link to the latest MLS® statistics for the Mission real estate market.

Or, better still, speak directly with a real estate agent who specializes in Mission townhouses who will be able to provide you with the most accurate, up to the minute information on – and insights into – the Mission real estate market.

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