Fraser Valley Housing Market Statistics - October 2026   

Home sales rise in October, but Fraser Valley buyer’s market shows little sign of shifting   Despite a seasonal increase in monthly sales, the Fraser Valley housing market continues to contend with subdued demand, ample supply and cautious buyers, with little change in the balance between buyers and sellers.   The Fraser Valley Real Estate Board recorded 1,051 sales on its Multiple Listing Service® (MLS®) in October, a 14 per cent increase from September but six per cent below sales from the same month last year.

 

 

“Detached homes continued to lead sales activity in October, significantly outpacing both townhomes and apartments,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “This is a trend we’ve been watching in recent months, and improving affordability in the detached segment may be helping sustain that demand. The substantial price correction appears to be bringing detached homes within reach for more buyers.”             Inventory declined in October, in keeping with typical seasonal patterns. A total of 2,551 new listings came to market, down 10 per cent from September. Overall inventory also softened, falling six per cent month-over-month and 10 per cent from October 2025 to 9,164 active listings.   The Fraser Valley remains in a buyer’s market with a sales-to-active listings ratio of 11 per cent. A balanced market is typically defined by a ratio between 12 and 20 per cent.   The composite Benchmark price for a typical Fraser Valley home dipped 0.1 per cent in October to $860,000, down 6.4 per cent year-over-year.             “Much of the pandemic-era price growth in the Fraser Valley has been erased,” said Rock Lefebvre, CEO of the Fraser Valley Real Estate Board. “That brings affordability to its best level in five years, creating a welcome opportunity for buyers. However, with interest rates recently moving higher and the possibility of further increases, buyers will need to consider how borrowing costs factor into their purchasing decisions.”   Across the Fraser Valley in October, the average number of days to sell a single-family detached home was 50 days, while a condo was 44 days. Townhomes took, on average, 37 days to sell.     MLS® HPI Benchmark Price Activity Single Family Detached: At $1,293,800 the Benchmark price for an FVREB single-family detached home decreased 0.5 per cent compared to September 2026 and decreased 8.5 per cent compared to October 2025. Townhomes: At $742,300 the Benchmark price for an FVREB townhome decreased 0.4 per cent compared to September 2026 and decreased 5.5 per cent compared to October 2025. Apartments: At $460,800 the Benchmark price for an FVREB apartment/condo decreased 0.2 per cent compared to September 2026 and decreased 8.1 per cent compared to October 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 - September 2026  

More choice, lower prices giving hesitant Fraser Valley homebuyers options   Fraser Valley home buyers remained cautious despite continued weakening prices, as September sales failed to keep pace with the seasonal rise in new listings. The Fraser Valley Real Estate Board recorded 922 sales on its Multiple Listing Service® (MLS®) in September, a two per cent decrease from August and four per cent below sales from the same month last year. Subdued demand continues to weigh on prices, with the composite Benchmark price for a typical Fraser Valley home falling one per cent in September and seven per cent from one year ago.

 

 

“Prices continue to soften, with some areas of the Fraser Valley seeing more significant declines,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “The Benchmark price for a single-family home is now $460,000 below its March 2022 peak. For buyers who are in a position to act, this represents a significant shift in affordability and may create an opportunity for some households to move into a different segment of the market.”             After a quieter summer, more sellers returned to the market in September, bringing 2,818 new listings, up 19 per cent from August, but 18 per cent below the same month last year. Overall inventory remained unchanged in September, with 9,763 active listings on the market, a 0.2 per cent decline from August, but still 31 per cent above the 10-year seasonal average.   The Fraser Valley has spent most of the last two years in a buyer’s market with no change in September. A balanced market is typically defined by a ratio between 12 and 20 per cent.               “Buyers have been waiting for months for greater economic certainty,” said Anthony Boone, Interim CEO of the Fraser Valley Real Estate Board. “But a succession of economic shocks have conspired to weigh on consumer confidence, keeping many buyers on the sidelines. Despite lower prices and more choice, buyers remain cautious, and that is being reflected in the pace of sales.”   Across the Fraser Valley in September, the average number of days to sell a condo was 46 days, while a single-family detached home was 45 days. Townhomes took, on average, 38 days to sell.   MLS® HPI Benchmark Price Activity   Single Family Detached: At $1,300,000 the Benchmark price for an FVREB single-family detached home decreased 1.5 per cent compared to August 2026 and decreased 8.8 per cent compared to September 2025. Townhomes: At $745,300 the Benchmark price for an FVREB townhome decreased 0.7 per cent compared to August 2026 and decreased 6.2 per cent compared to September 2025. Apartments: At $461,800 the Benchmark price for an FVREB apartment/condo decreased 0.9 per cent compared to August 2026 and decreased 9.3 per cent compared to September 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 - August 2026  

Fraser Valley sellers feel the squeeze as buyers take their time   A deepening buyer’s market in the Fraser Valley is giving buyers more time to make their move, as sales continued to slow in August.   The Fraser Valley Real Estate Board recorded 941 sales on its Multiple Listing Service® (MLS®) in August, a 14 per cent decrease from July but one per cent above sales from the same month last year. The year-over-year increase marks only the second annual gain since the beginning of 2025, a modest bright spot in a market where overall demand remains subdued and prices continue to ease.

 

 

“We’re seeing a bit of a tug-of-war between buyers and sellers right now,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “Some buyers are seeing an opportunity to negotiate below asking price, while sellers who need to sell are more likely to accept lower offers. That dynamic is contributing to the gradual decline in home prices we are seeing across the Fraser Valley, which ultimately creates more opportunities for those looking to get into the market.”             The summer slowdown was also reflected in fewer homes coming to market, as some sellers held off on listing. The Fraser Valley saw 2,373 new listings in August—a 16 per cent decline from July and 15 per cent below the same month last year. Overall inventory also edged down in August, with 9,787 active listings on the market, a three per cent decline from July, but still 33 per cent above the 10-year seasonal average.   The Fraser Valley remains in a buyer’s market with a sales-to-active listings ratio of 10 per cent in August. A balanced market is typically defined by a ratio between 12 and 20 per cent.   “While some buyers remain on the sidelines amid headlines about tariffs and high gas prices, the Fraser Valley housing market continues to offer some compelling choices hiding in plain sight,” said Anthony Boone, Interim CEO of the Fraser Valley Real Estate Board. “Prices are now as much as 15 per cent lower than they were three years ago, and these conditions are expected to continue to favour buyers for the foreseeable future.”   Across the Fraser Valley in August, the average number of days to sell both a single-family detached home and a condo was 45 days. Townhomes took, on average, 37 days to sell.   The composite Benchmark price for a typical Fraser Valley home declined 0.9 per cent in August to $869,900, a seven per cent decrease compared to August 2025.             MLS® HPI Benchmark Price Activity Single Family Detached: At $1,319,600 the Benchmark price for an FVREB single-family detached home decreased 1.2 per cent compared to July 2026 and decreased 8.4 per cent compared to August 2025. Townhomes: At $750,600 the Benchmark price for an FVREB townhome decreased 0.9 per cent compared to July 2026 and decreased 7.1 per cent compared to August 2025. Apartments: At $466,100 the Benchmark price for an FVREB apartment/condo decreased 0.7 per cent compared to July 2026 and decreased 8.9 per cent compared to August 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