Fraser Valley Housing Market Statistics - March 2026 

Fraser Valley home prices level off amid improving affordability    After nearly a year of steady price declines, the Fraser Valley housing market is beginning to show early signs of stabilizing, with Benchmark prices edging up month-over-month for the first time in 11 months. While March sales activity picked up over the previous month, year-over-year sales throughout the first quarter of 2026 continue to stumble, reflecting a market where buyer caution still lingers.             The Fraser Valley Real Estate Board recorded 1,007 sales on its Multiple Listing Service® (MLS®) in March, a 20 per cent increase from February, but three per cent below the same month last year and 42 per cent below the ten-year seasonal average. After a decline in February, new listings increased in March, up 20 per cent to 3,341, suggesting some sellers are eager to get ahead of the spring market despite sales activity remaining soft and well below typical seasonal levels.                 “We’re encouraged to see early signs of prices levelling off in the Fraser Valley,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “While sales remain below last year’s levels, this market is presenting a rare window — with greater choice, improved affordability, and meaningful incentives, particularly in the condo segment — for buyers who are ready to make a move with the right professional guidance.”                 Overall inventory remains elevated in the Fraser Valley, with 9,201 active listings, up 10 per cent from February and 50 per cent above the 10-year seasonal average.   The Fraser Valley remains in a buyer’s market, with an overall sales-to-active listings ratio of 11 per cent in March. A balanced market is typically defined by a ratio between 12 and 20 per cent.   Across the Fraser Valley in March, the average number of days to sell a single-family detached home was 39 days, while for a condo it was 43 days. Townhomes took, on average, 36 days to sell.   “Amid economic uncertainty and rising day-to-day costs, many households are understandably taking a more cautious approach to their finances,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “That said, improving housing affordability and the potential for upward pressure on rates may make this a timely moment for buyers to consider entering the market.”                 The composite Benchmark price for a typical home in the Fraser Valley increased 0.3 per cent in March, to $898,300. MLS® HPI Benchmark Price Activity Single Family Detached: At $1,375,600 the Benchmark price for an FVREB single-family detached home increased 0.3 per cent compared to February 2026 and decreased 8.7 per cent compared to March 2025. Townhomes: At $772,700 the Benchmark price for an FVREB townhome increased 0.3 per cent compared to February 2026 and decreased 7.3 per cent compared to March 2025. Apartments: At $489,200 the Benchmark price for an FVREB apartment/condo increased 0.2 per cent compared to February 2026 and decreased 9.2 per cent compared to March 2025.         For the FULL STATISTICS PACKAGE click HERE Know someone moving ANYWHERE in the WORLD? Call us today--we know the BEST agents everywhere!!   Serving Abbotsford, Chilliwack, Mission, Langley, Surrey and the WORLD!   📞 Office Phone: 604-743-7653 ALL GTeam contact 📲 info can be found on  either of our Team Web Sites below: 🌍www.fvluxuryhomes.com 🌍www.gelderman.ca

   Fraser Valley Housing Market Statistics - February 2026 

Fraser Valley market shows early bloom with February sales lift   The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year.   The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.

 

 

“Buyer-friendly conditions continue to define the Fraser Valley market,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “While we did see a welcome bump in sales over January, they remain well below seasonal averages. With ample inventory and soft prices, this window may prove to be a key buying opportunity, particularly as prices settle. As we move closer to spring, we’re hopeful that improved economic stability will encourage more buyers to re-enter the market.”   Overall inventory remains above seasonal norms for the Fraser Valley, with 8,344 active listings, up eight per cent from January and 51 per cent above the 10-year seasonal average.                   The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of ten per cent in February. A balanced market is typically defined by a ratio between 12 and 20 per cent.   Across the Fraser Valley in February, the average number of days to sell a single-family detached home was 47 days, while for a condo it was 45 days. Townhomes took, on average, 39 days to sell.                   “Many households are in a holding pattern right now, waiting for clearer signs that the economy is finding its footing,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “Elevated economic uncertainty over the past year has cast a shadow over families’ big financial decisions, including buying or selling a home. In times like these, a professional REALTOR® plays a critical role, offering trusted advice, local market insight, and the confidence needed to make informed moves.”   The composite Benchmark price for a typical home in the Fraser Valley decreased 0.2 per cent in February, to $895,100.                 MLS® HPI Benchmark Price Activity Single Family Detached: At $1,370,900 the Benchmark price for an FVREB single-family detached home decreased 0.2 per cent compared to January 2026 and decreased 8.6 per cent compared to February 2025. Townhomes: At $770,700 the Benchmark price for an FVREB townhome decreased 0.3 per cent compared to January 2026 and decreased 7.1 per cent compared to February 2025. Apartments: At $488,300 the Benchmark price for an FVREB apartment/condo decreased 0.1 per cent compared to January 2026 and decreased 8.9 per cent compared to February 2025.

For the FULL STATISTICS PACKAGE click HERE

Know someone moving ANYWHERE in the WORLD? Call us today--we know the BEST agents everywhere!!   Serving Abbotsford, Chilliwack, Mission, Langley, Surrey and the WORLD!   📞 Office Phone: 604-743-7653 ALL GTeam contact 📲 info can be found on  either of our Team Web Sites below: 🌍www.fvluxuryhomes.com 🌍www.gelderman.ca